Ajo LP Acquires 5,275 Shares of Senior Housing Properties Trust (NASDAQ:SNH)

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Ajo LP grew its holdings in Senior Housing Properties Trust (NASDAQ:SNH) by 26.0% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 25,585 shares of the real estate investment trust’s stock after buying an additional 5,275 shares during the period. Ajo LP’s holdings in Senior Housing Properties Trust were worth $301,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Macquarie Group Ltd. raised its position in shares of Senior Housing Properties Trust by 28.7% in the fourth quarter. Macquarie Group Ltd. now owns 278,930 shares of the real estate investment trust’s stock valued at $3,269,000 after buying an additional 62,130 shares during the last quarter. Old Port Advisors raised its position in shares of Senior Housing Properties Trust by 8.6% in the first quarter. Old Port Advisors now owns 126,712 shares of the real estate investment trust’s stock valued at $1,493,000 after buying an additional 10,046 shares during the last quarter. Morgan Stanley raised its position in shares of Senior Housing Properties Trust by 4.4% in the third quarter. Morgan Stanley now owns 7,046,976 shares of the real estate investment trust’s stock valued at $123,746,000 after buying an additional 297,136 shares during the last quarter. Prudential Financial Inc. raised its position in shares of Senior Housing Properties Trust by 2.0% in the fourth quarter. Prudential Financial Inc. now owns 2,781,554 shares of the real estate investment trust’s stock valued at $32,600,000 after buying an additional 54,561 shares during the last quarter. Finally, South Dakota Investment Council raised its position in shares of Senior Housing Properties Trust by 20.4% in the fourth quarter. South Dakota Investment Council now owns 209,100 shares of the real estate investment trust’s stock valued at $2,451,000 after buying an additional 35,400 shares during the last quarter. Institutional investors and hedge funds own 71.11% of the company’s stock.

Shares of SNH opened at $8.14 on Thursday. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 1.20. Senior Housing Properties Trust has a 12-month low of $7.49 and a 12-month high of $19.17. The stock has a market capitalization of $1.94 billion, a P/E ratio of 5.12, a PEG ratio of 2.36 and a beta of 0.64.

Senior Housing Properties Trust (NASDAQ:SNH) last announced its quarterly earnings data on Thursday, May 9th. The real estate investment trust reported $0.37 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.38 by ($0.01). Senior Housing Properties Trust had a net margin of 7.31% and a return on equity of 0.59%. The firm had revenue of $266.29 million during the quarter, compared to analysts’ expectations of $268.21 million. During the same period in the prior year, the company posted $0.99 EPS. The company’s revenue for the quarter was down 3.4% compared to the same quarter last year. Equities research analysts anticipate that Senior Housing Properties Trust will post 1.34 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 16th. Investors of record on Monday, April 29th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 7.37%. The ex-dividend date of this dividend was Friday, April 26th. Senior Housing Properties Trust’s dividend payout ratio is currently 37.74%.

A number of brokerages have recently commented on SNH. BidaskClub cut shares of Senior Housing Properties Trust from a “sell” rating to a “strong sell” rating in a research report on Friday, April 5th. ValuEngine cut shares of Senior Housing Properties Trust from a “hold” rating to a “sell” rating in a research report on Monday, April 1st. Zacks Investment Research cut shares of Senior Housing Properties Trust from a “buy” rating to a “hold” rating in a research report on Tuesday, March 12th. Finally, Royal Bank of Canada lowered shares of Senior Housing Properties Trust from a “sector perform” rating to an “underperform” rating and set a $8.00 price objective for the company. in a report on Tuesday, April 2nd. Six research analysts have rated the stock with a sell rating and three have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $14.40.

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Senior Housing Properties Trust 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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