PVG Asset Management Corp decreased its stake in shares of Senior Housing Properties Trust (NASDAQ:SNH) by 7.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 59,748 shares of the real estate investment trust’s stock after selling 4,720 shares during the quarter. PVG Asset Management Corp’s holdings in Senior Housing Properties Trust were worth $1,144,000 at the end of the most recent quarter.
A number of other large investors also recently made changes to their positions in SNH. Mycio Wealth Partners LLC purchased a new position in shares of Senior Housing Properties Trust in the fourth quarter worth $199,000. Greenleaf Trust purchased a new position in shares of Senior Housing Properties Trust in the fourth quarter worth $219,000. Jane Street Group LLC purchased a new position in shares of Senior Housing Properties Trust in the fourth quarter worth $220,000. ETRADE Capital Management LLC purchased a new position in shares of Senior Housing Properties Trust in the fourth quarter worth $229,000. Finally, Cetera Advisors LLC raised its stake in shares of Senior Housing Properties Trust by 30.8% in the third quarter. Cetera Advisors LLC now owns 13,047 shares of the real estate investment trust’s stock worth $254,000 after purchasing an additional 3,070 shares during the last quarter. Institutional investors and hedge funds own 75.03% of the company’s stock.
Senior Housing Properties Trust stock traded down $0.19 during trading hours on Monday, reaching $16.10. The company’s stock had a trading volume of 53,498 shares, compared to its average volume of 1,497,269. Senior Housing Properties Trust has a twelve month low of $14.90 and a twelve month high of $22.52. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 1.12. The company has a market capitalization of $3,870.92, a price-to-earnings ratio of 26.27, a PEG ratio of 2.33 and a beta of 0.48.
Senior Housing Properties Trust (NASDAQ:SNH) last released its quarterly earnings results on Tuesday, February 27th. The real estate investment trust reported $0.25 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.28 by ($0.03). Senior Housing Properties Trust had a net margin of 13.73% and a return on equity of 4.43%. The company had revenue of $278.57 million for the quarter, compared to the consensus estimate of $277.99 million. During the same period in the prior year, the firm posted $0.18 EPS. The business’s revenue for the quarter was up 1.6% on a year-over-year basis. equities analysts anticipate that Senior Housing Properties Trust will post 1.78 earnings per share for the current year.
The business also recently declared a quarterly dividend, which was paid on Thursday, February 22nd. Shareholders of record on Monday, January 29th were issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 9.69%. The ex-dividend date was Friday, January 26th. Senior Housing Properties Trust’s dividend payout ratio is presently 251.61%.
A number of analysts recently commented on SNH shares. B. Riley set a $24.00 price objective on Senior Housing Properties Trust and gave the company a “buy” rating in a research report on Wednesday, January 24th. Robert W. Baird reiterated a “neutral” rating and set a $19.00 price objective (down previously from $20.00) on shares of Senior Housing Properties Trust in a research report on Friday, January 5th. ValuEngine cut Senior Housing Properties Trust from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Zacks Investment Research upgraded Senior Housing Properties Trust from a “sell” rating to a “hold” rating in a research report on Thursday, November 30th. Finally, Cantor Fitzgerald reduced their price objective on Senior Housing Properties Trust from $24.00 to $21.00 and set an “overweight” rating for the company in a research report on Wednesday, February 28th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $19.83.
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About Senior Housing Properties Trust
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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