Sei Investments Co. Has $1.43 Million Holdings in Senior Housing Properties Trust (SNH)

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Sei Investments Co. boosted its stake in Senior Housing Properties Trust (NASDAQ:SNH) by 18.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 91,284 shares of the real estate investment trust’s stock after buying an additional 14,527 shares during the period. Sei Investments Co.’s holdings in Senior Housing Properties Trust were worth $1,429,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Certified Advisory Corp acquired a new stake in Senior Housing Properties Trust in the fourth quarter worth $100,000. Jane Street Group LLC bought a new position in shares of Senior Housing Properties Trust in the fourth quarter worth $220,000. ETRADE Capital Management LLC bought a new position in shares of Senior Housing Properties Trust in the fourth quarter worth $229,000. Vident Investment Advisory LLC bought a new position in shares of Senior Housing Properties Trust in the fourth quarter worth $267,000. Finally, Gator Capital Management LLC bought a new position in shares of Senior Housing Properties Trust in the first quarter worth $258,000. 73.53% of the stock is currently owned by hedge funds and other institutional investors.

SNH has been the subject of several recent analyst reports. Wells Fargo & Co decreased their price target on Senior Housing Properties Trust from $17.50 to $16.00 and set an “underperform” rating for the company in a research note on Tuesday, March 20th. Bank of America decreased their price target on Senior Housing Properties Trust from $16.50 to $16.00 and set an “underperform” rating for the company in a research note on Thursday, March 8th. B. Riley set a $22.00 price target on Senior Housing Properties Trust and gave the stock a “buy” rating in a research note on Thursday, March 1st. Robert W. Baird set a $17.00 price target on Senior Housing Properties Trust and gave the stock a “hold” rating in a research note on Wednesday, February 28th. Finally, Cantor Fitzgerald decreased their price target on Senior Housing Properties Trust from $24.00 to $21.00 and set an “overweight” rating for the company in a research note on Wednesday, February 28th. Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the company. Senior Housing Properties Trust has a consensus rating of “Hold” and an average target price of $19.45.

Shares of Senior Housing Properties Trust opened at $18.13 on Wednesday, MarketBeat reports. Senior Housing Properties Trust has a fifty-two week low of $14.86 and a fifty-two week high of $21.96. The stock has a market cap of $4.32 billion, a P/E ratio of 11.47, a PEG ratio of 2.78 and a beta of 0.45. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 1.07.

Senior Housing Properties Trust (NASDAQ:SNH) last announced its earnings results on Wednesday, May 9th. The real estate investment trust reported $0.45 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.45. Senior Housing Properties Trust had a return on equity of 10.55% and a net margin of 32.36%. The business had revenue of $275.80 million during the quarter, compared to analysts’ expectations of $271.43 million. During the same quarter last year, the business posted $0.46 earnings per share. The company’s quarterly revenue was up 4.2% on a year-over-year basis. sell-side analysts predict that Senior Housing Properties Trust will post 1.72 EPS for the current fiscal year.

Senior Housing Properties Trust Company Profile

SNH is a real estate investment trust, or REIT, which owns senior living communities, medical office and life science properties and wellness centers throughout the United States. SNH is managed by the operating subsidiary of The RMR Group Inc (Nasdaq: RMR), or RMR Inc, an alternative asset management company that is headquartered in Newton, MA.

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

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