Todays Report: Today, 100 Shares of Senior Housing Properties Trust (SNH) are sold by Arizona State Retirement System

Today, 100 Shares of Senior Housing Properties Trust (SNH) are sold by Arizona State Retirement System

Arizona State Retirement System decreased its position in Senior Housing Properties Trust (NYSE:SNH) by 0.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 92,728 shares of the real estate investment trust’s stock after selling 100 shares during the period. Arizona State Retirement System’s holdings in Senior Housing Properties Trust were worth $2,106,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of SNH. Checchi Capital Advisers LLC raised its position in shares of Senior Housing Properties Trust by 0.6% in the second quarter. Checchi Capital Advisers LLC now owns 5,450 shares of the real estate investment trust’s stock worth $114,000 after buying an additional 34 shares during the period. NEXT Financial Group Inc raised its position in shares of Senior Housing Properties Trust by 378.2% in the third quarter. NEXT Financial Group Inc now owns 5,380 shares of the real estate investment trust’s stock worth $122,000 after buying an additional 4,255 shares during the period. Independent Portfolio Consultants Inc. raised its position in shares of Senior Housing Properties Trust by 0.5% in the second quarter. Independent Portfolio Consultants Inc. now owns 7,720 shares of the real estate investment trust’s stock worth $161,000 after buying an additional 35 shares during the period. Daiwa Securities Group Inc. raised its position in shares of Senior Housing Properties Trust by 2.4% in the second quarter. Daiwa Securities Group Inc. now owns 8,500 shares of the real estate investment trust’s stock worth $177,000 after buying an additional 200 shares during the period. Finally, Princeton Alpha Management LP acquired a new position in shares of Senior Housing Properties Trust during the second quarter worth approximately $203,000.

Shares of Senior Housing Properties Trust (NYSE:SNH) traded down 0.61% during trading on Monday, reaching $18.01. 2,155,802 shares of the company were exchanged. Senior Housing Properties Trust has a one year low of $13.53 and a one year high of $23.85. The stock has a 50-day moving average price of $19.88 and a 200-day moving average price of $20.83.

Senior Housing Properties Trust (NYSE:SNH) last issued its quarterly earnings results on Friday, November 4th. The real estate investment trust reported $0.45 EPS for the quarter, missing the Zacks’ consensus estimate of $0.46 by $0.01. The firm had revenue of $263.98 million for the quarter, compared to analysts’ expectations of $264.26 million. Senior Housing Properties Trust’s revenue was up 3.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.47 earnings per share. Equities analysts anticipate that Senior Housing Properties Trust will post $1.89 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Thursday, November 17th. Stockholders of record on Friday, October 21st were issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 8.61%. The ex-dividend date was Wednesday, October 19th. Senior Housing Properties Trust’s payout ratio is 325.01%.

A number of equities analysts have recently commented on SNH shares. Jefferies Group lifted their price target on shares of Senior Housing Properties Trust from $24.00 to $25.00 and gave the stock a “buy” rating in a report on Monday, August 22nd. Zacks Investment Research downgraded shares of Senior Housing Properties Trust from a “buy” rating to a “hold” rating in a research note on Tuesday, October 25th.

About Senior Housing Properties Trust

Senior Housing Properties Trust is a real estate investment trust (REIT). The Company operates through four segments: 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, which includes the remainder of its operations, including certain properties that offer fitness, wellness and spa services to members.

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