WESPAC Advisors LLC Purchases New Position in Senior Housing Properties Trust (SNH)

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WESPAC Advisors LLC purchased a new position in shares of Senior Housing Properties Trust (NASDAQ:SNH) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 11,678 shares of the real estate investment trust’s stock, valued at approximately $205,000.

A number of other large investors have also recently added to or reduced their stakes in SNH. Capital Fund Management S.A. grew its stake in shares of Senior Housing Properties Trust by 3.5% in the 2nd quarter. Capital Fund Management S.A. now owns 84,893 shares of the real estate investment trust’s stock valued at $1,536,000 after purchasing an additional 2,900 shares during the last quarter. D.A. Davidson & CO. grew its stake in shares of Senior Housing Properties Trust by 10.5% in the 2nd quarter. D.A. Davidson & CO. now owns 30,575 shares of the real estate investment trust’s stock valued at $553,000 after purchasing an additional 2,916 shares during the last quarter. Daiwa Securities Group Inc. grew its stake in shares of Senior Housing Properties Trust by 10.4% in the 3rd quarter. Daiwa Securities Group Inc. now owns 36,000 shares of the real estate investment trust’s stock valued at $632,000 after purchasing an additional 3,400 shares during the last quarter. Oregon Public Employees Retirement Fund grew its stake in shares of Senior Housing Properties Trust by 4.0% in the 2nd quarter. Oregon Public Employees Retirement Fund now owns 92,646 shares of the real estate investment trust’s stock valued at $1,676,000 after purchasing an additional 3,522 shares during the last quarter. Finally, Arizona State Retirement System grew its stake in shares of Senior Housing Properties Trust by 2.3% in the 3rd quarter. Arizona State Retirement System now owns 168,739 shares of the real estate investment trust’s stock valued at $2,963,000 after purchasing an additional 3,758 shares during the last quarter. Hedge funds and other institutional investors own 73.64% of the company’s stock.

Several analysts have recently commented on SNH shares. ValuEngine raised Senior Housing Properties Trust from a “sell” rating to a “hold” rating in a report on Thursday, September 6th. Morgan Stanley cut Senior Housing Properties Trust from an “equal weight” rating to an “underweight” rating and reduced their price target for the company from $17.00 to $15.00 in a report on Monday, October 29th. Zacks Investment Research cut Senior Housing Properties Trust from a “hold” rating to a “sell” rating in a report on Wednesday, October 10th. BidaskClub cut Senior Housing Properties Trust from a “hold” rating to a “sell” rating in a report on Thursday, September 27th. Finally, B. Riley raised their price target on Senior Housing Properties Trust from $22.00 to $23.00 and gave the company a “buy” rating in a report on Wednesday, August 8th. Four equities research analysts have rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $18.29.

Shares of SNH stock opened at $16.10 on Wednesday. The firm has a market cap of $3.78 billion, a P/E ratio of 10.19, a PEG ratio of 2.58 and a beta of 0.45. Senior Housing Properties Trust has a 1 year low of $14.86 and a 1 year high of $19.98. The company has a quick ratio of 5.36, a current ratio of 5.36 and a debt-to-equity ratio of 1.07.

Senior Housing Properties Trust (NASDAQ:SNH) last issued its quarterly earnings data on Tuesday, November 6th. The real estate investment trust reported $0.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.45 by ($0.03). The firm had revenue of $279.00 million for the quarter, compared to analyst estimates of $279.10 million. Senior Housing Properties Trust had a return on equity of 13.68% and a net margin of 41.79%. The business’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.14 earnings per share. As a group, research analysts predict that Senior Housing Properties Trust will post 1.62 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 15th. Investors of record on Monday, October 29th will be issued a dividend of $0.39 per share. The ex-dividend date of this dividend is Friday, October 26th. This represents a $1.56 annualized dividend and a yield of 9.69%. Senior Housing Properties Trust’s dividend payout ratio is presently 98.73%.

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Senior Housing Properties Trust Company Profile

SNH is a real estate investment trust, or REIT, that owns medical office and life science properties, senior living communities 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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