Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lowered its position in shares of Senior Housing Properties Trust (NYSE:SNH) by 4.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 35,842 shares of the company’s stock after selling 1,798 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd.’s holdings in Senior Housing Properties Trust were worth $733,000 as of its most recent SEC filing.
Several other hedge funds have also modified their holdings of SNH. Vanguard Group Inc. raised its position in shares of Senior Housing Properties Trust by 5.1% in the first quarter. Vanguard Group Inc. now owns 41,184,214 shares of the company’s stock valued at $833,981,000 after buying an additional 2,017,007 shares during the period. BlackRock Inc. raised its position in shares of Senior Housing Properties Trust by 5,222.5% in the first quarter. BlackRock Inc. now owns 24,977,660 shares of the company’s stock valued at $505,798,000 after buying an additional 24,508,377 shares during the period. State Street Corp raised its position in shares of Senior Housing Properties Trust by 0.3% in the first quarter. State Street Corp now owns 10,522,293 shares of the company’s stock valued at $213,077,000 after buying an additional 33,747 shares during the period. Schwab Charles Investment Management Inc. raised its position in shares of Senior Housing Properties Trust by 18.6% in the second quarter. Schwab Charles Investment Management Inc. now owns 4,672,493 shares of the company’s stock valued at $95,506,000 after buying an additional 733,975 shares during the period. Finally, JPMorgan Chase & Co. raised its position in shares of Senior Housing Properties Trust by 518.7% in the first quarter. JPMorgan Chase & Co. now owns 3,607,893 shares of the company’s stock valued at $73,059,000 after buying an additional 3,024,789 shares during the period.
Senior Housing Properties Trust (NYSE:SNH) opened at 19.21 on Wednesday. The firm has a market cap of $4.56 billion and a price-to-earnings ratio of 38.42. Senior Housing Properties Trust has a one year low of $17.14 and a one year high of $23.85.
Senior Housing Properties Trust (NYSE:SNH) last released its quarterly earnings data on Thursday, August 3rd. The company reported $0.44 earnings per share for the quarter, missing analysts’ consensus estimates of $0.45 by $0.01. Senior Housing Properties Trust had a net margin of 6.43% and a return on equity of 2.01%. The firm had revenue of $265.01 million during the quarter, compared to analysts’ expectations of $260.72 million. During the same period in the previous year, the firm posted $0.47 EPS. The firm’s quarterly revenue was up 1.4% on a year-over-year basis. Equities analysts expect that Senior Housing Properties Trust will post $0.61 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Thursday, August 17th. Stockholders of record on Monday, July 24th were paid a dividend of $0.39 per share. The ex-dividend date was Thursday, July 20th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 8.12%.
SNH has been the subject of several research reports. Royal Bank Of Canada lowered Senior Housing Properties Trust from an “outperform” rating to a “sector perform” rating and reduced their price objective for the company from $24.00 to $22.00 in a report on Monday, May 15th. They noted that the move was a valuation call. FBR & Co reissued a “buy” rating and set a $24.00 price objective on shares of Senior Housing Properties Trust in a report on Friday, June 30th. Jefferies Group LLC reissued a “hold” rating and set a $21.00 price objective on shares of Senior Housing Properties Trust in a report on Friday, May 12th. Finally, Cantor Fitzgerald reissued a “buy” rating and set a $24.00 price objective on shares of Senior Housing Properties Trust in a report on Friday, June 9th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $22.20.
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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