Latest Stocks: Senior Housing Properties Trust (SNH) Receives Hold Rating from Jefferies Group LLC

Latest Stocks: Senior Housing Properties Trust (SNH) Receives Hold Rating from Jefferies Group LLC

Senior Housing Properties Trust (NYSE:SNH)‘s stock had its “hold” rating reiterated by equities research analysts at Jefferies Group LLC in a research report issued to clients and investors on Friday, May 12th. They currently have a $21.00 price target on the stock. Jefferies Group LLC’s price target would indicate a potential downside of 1.50% from the company’s previous close.

A number of other brokerages have also weighed in on SNH. FBR & Co restated a “buy” rating on shares of Senior Housing Properties Trust in a research report on Monday, May 8th. Cantor Fitzgerald restated a “buy” rating and set a $24.00 price objective on shares of Senior Housing Properties Trust in a research report on Tuesday, February 28th. Zacks Investment Research upgraded Senior Housing Properties Trust from a “sell” rating to a “hold” rating in a research report on Friday, March 3rd. Finally, Robert W. Baird started coverage on Senior Housing Properties Trust in a research report on Thursday, March 9th. They set a “neutral” rating and a $20.00 price objective for the company. One analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $22.67.

Shares of Senior Housing Properties Trust (NYSE:SNH) opened at 21.32 on Friday. Senior Housing Properties Trust has a 52 week low of $17.14 and a 52 week high of $23.85. The company has a market cap of $5.06 billion and a price-to-earnings ratio of 35.59. The firm’s 50-day moving average price is $21.35 and its 200 day moving average price is $19.84.

Senior Housing Properties Trust (NYSE:SNH) last issued its quarterly earnings data on Friday, May 5th. The company reported $0.14 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.47 by $0.33. The firm had revenue of $264.56 million during the quarter, compared to analysts’ expectations of $266.02 million. The firm’s quarterly revenue was up 2.4% on a year-over-year basis. During the same period last year, the firm posted $0.13 EPS. On average, equities research analysts forecast that Senior Housing Properties Trust will post $0.63 EPS for the current year. The business also recently declared a quarterly dividend, which was paid on Thursday, May 18th. Investors of record on Friday, April 21st were given a $0.39 dividend. The ex-dividend date was Wednesday, April 19th. This represents a $1.56 annualized dividend and a yield of 7.32%.

Senior Housing Properties Trust (NYSE:SNH) last issued its quarterly earnings data on Friday, May 5th. The company reported $0.14 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.47 by $0.33. The firm had revenue of $264.56 million during the quarter, compared to analysts’ expectations of $266.02 million. The firm’s quarterly revenue was up 2.4% on a year-over-year basis. During the same period last year, the firm posted $0.13 EPS. On average, equities research analysts forecast that Senior Housing Properties Trust will post $0.63 EPS for the current year. A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in 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 in the last quarter. BlackRock Inc. raised its position in 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 in the last quarter. State Street Corp raised its position in 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 in the last quarter. LSV Asset Management raised its position in Senior Housing Properties Trust by 29.0% in the third quarter. LSV Asset Management now owns 6,986,361 shares of the company’s stock valued at $158,660,000 after buying an additional 1,571,490 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. raised its position in Senior Housing Properties Trust by 37.9% in the first quarter. Schwab Charles Investment Management Inc. now owns 3,938,518 shares of the company’s stock valued at $79,755,000 after buying an additional 1,083,063 shares in the last quarter.

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