Senior Housing Properties Trust (SNH) Position Cut by Cadence Capital Management LLC

Cadence Capital Management LLC trimmed its position in Senior Housing Properties Trust (NASDAQ:SNH) by 29.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 12,064 shares of the real estate investment trust’s stock after selling 4,924 shares during the quarter. Cadence Capital Management LLC’s holdings in Senior Housing Properties Trust were worth $231,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. American Century Companies Inc. grew its stake in shares of Senior Housing Properties Trust by 20.3% during the fourth quarter. American Century Companies Inc. now owns 846,893 shares of the real estate investment trust’s stock worth $16,218,000 after buying an additional 143,193 shares during the last quarter. Aperio Group LLC grew its stake in shares of Senior Housing Properties Trust by 9.0% during the fourth quarter. Aperio Group LLC now owns 176,626 shares of the real estate investment trust’s stock worth $3,382,000 after buying an additional 14,646 shares during the last quarter. LSV Asset Management grew its stake in shares of Senior Housing Properties Trust by 9.0% during the fourth quarter. LSV Asset Management now owns 10,618,715 shares of the real estate investment trust’s stock worth $203,348,000 after buying an additional 874,700 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Senior Housing Properties Trust by 23.5% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 20,004 shares of the real estate investment trust’s stock worth $383,000 after buying an additional 3,801 shares during the last quarter. Finally, Fiduciary Financial Services of The Southwest Inc. TX grew its stake in shares of Senior Housing Properties Trust by 1.4% during the fourth quarter. Fiduciary Financial Services of The Southwest Inc. TX now owns 210,355 shares of the real estate investment trust’s stock worth $4,028,000 after buying an additional 2,966 shares during the last quarter. 74.38% of the stock is currently owned by institutional investors and hedge funds.

SNH has been the topic of a number of research reports. Zacks Investment Research cut shares of Senior Housing Properties Trust from a “hold” rating to a “sell” rating in a research note on Thursday, October 19th. BidaskClub cut shares of Senior Housing Properties Trust from a “hold” rating to a “sell” rating in a research note on Saturday, January 6th. ValuEngine raised shares of Senior Housing Properties Trust from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. B. Riley reaffirmed a “buy” rating and set a $24.00 target price on shares of Senior Housing Properties Trust in a research note on Monday, November 13th. Finally, Robert W. Baird reaffirmed a “hold” rating and set a $21.00 target price on shares of Senior Housing Properties Trust in a research note on Friday, November 3rd. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the stock. Senior Housing Properties Trust has an average rating of “Hold” and a consensus price target of $21.19.

Senior Housing Properties Trust (NASDAQ SNH) opened at $16.16 on Friday. The company has a market cap of $3,840.00, a price-to-earnings ratio of 30.49, a PEG ratio of 2.56 and a beta of 0.37. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.33 and a current ratio of 1.33. Senior Housing Properties Trust has a fifty-two week low of $15.52 and a fifty-two week high of $22.52.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 22nd. Stockholders of record on Monday, January 29th will be issued a dividend of $0.39 per share. The ex-dividend date of this dividend is Friday, January 26th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 9.65%. Senior Housing Properties Trust’s dividend payout ratio (DPR) is presently 294.34%.

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Senior Housing Properties Trust Company Profile

Senior Housing Properties Trust is a real estate investment trust (REIT). The Company’s segments include triple net senior living communities that provide short term and long term residential care and other services for residents; managed senior living communities that provide short term and long term residential care and other services for residents; properties leased to medical providers, medical related businesses, clinics and biotech laboratory tenants (MOBs), and all other, including certain properties that offer wellness, fitness and spa services to members.

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Institutional Ownership by Quarter for Senior Housing Properties Trust (NASDAQ:SNH)

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