MetLife Investment Advisors LLC Takes Position in Senior Housing Properties Trust (SNH)

MetLife Investment Advisors LLC bought a new stake in Senior Housing Properties Trust (NASDAQ:SNH) during the 4th quarter, HoldingsChannel.com reports. The firm bought 150,351 shares of the real estate investment trust’s stock, valued at approximately $2,879,000.

Several other hedge funds also recently made changes to their positions in the business. Fiduciary Financial Services of The Southwest Inc. TX grew its stake in shares of Senior Housing Properties Trust by 1.4% in the 4th quarter. Fiduciary Financial Services of The Southwest Inc. TX now owns 210,355 shares of the real estate investment trust’s stock valued at $4,028,000 after purchasing an additional 2,966 shares during the last quarter. Cetera Advisors LLC grew its stake in shares of Senior Housing Properties Trust by 30.8% in the 3rd quarter. Cetera Advisors LLC now owns 13,047 shares of the real estate investment trust’s stock valued at $254,000 after purchasing an additional 3,070 shares during the last quarter. Asset Management One Co. Ltd. grew its stake in shares of Senior Housing Properties Trust by 0.6% in the 3rd quarter. Asset Management One Co. Ltd. now owns 503,830 shares of the real estate investment trust’s stock valued at $9,827,000 after purchasing an additional 3,071 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Senior Housing Properties Trust by 23.5% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 20,004 shares of the real estate investment trust’s stock valued at $383,000 after purchasing an additional 3,801 shares during the last quarter. Finally, Raymond James & Associates grew its stake in shares of Senior Housing Properties Trust by 5.9% in the 4th quarter. Raymond James & Associates now owns 68,986 shares of the real estate investment trust’s stock valued at $1,321,000 after purchasing an additional 3,838 shares during the last quarter. Institutional investors own 75.04% of the company’s stock.

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Several research analysts have weighed in on the company. B. Riley set a $24.00 target price on Senior Housing Properties Trust and gave the company a “buy” rating in a research note on Wednesday, January 24th. Zacks Investment Research raised Senior Housing Properties Trust from a “sell” rating to a “hold” rating in a report on Saturday, January 27th. Robert W. Baird reissued a “neutral” rating and issued a $19.00 price target (down from $20.00) on shares of Senior Housing Properties Trust in a report on Friday, January 5th. Wells Fargo reduced their price target on Senior Housing Properties Trust from $17.50 to $16.00 and set an “underperform” rating for the company in a report on Tuesday, March 20th. Finally, Cantor Fitzgerald reduced their price target on Senior Housing Properties Trust from $24.00 to $21.00 and set an “overweight” rating for the company in a report on Wednesday, February 28th. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $19.45.

SNH opened at $15.66 on Monday. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 1.12. The company has a market capitalization of $3,721.22, a PE ratio of 9.91, a price-to-earnings-growth ratio of 2.27 and a beta of 0.48. Senior Housing Properties Trust has a 12 month low of $14.90 and a 12 month high of $22.52.

Senior Housing Properties Trust (NASDAQ:SNH) last issued its quarterly earnings data on Tuesday, February 27th. The real estate investment trust reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.28 by ($0.03). The firm had revenue of $278.57 million for the quarter, compared to analyst estimates of $277.99 million. Senior Housing Properties Trust had a return on equity of 4.43% and a net margin of 13.73%. The business’s revenue for the quarter was up 1.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.18 earnings per share. research analysts forecast that Senior Housing Properties Trust will post 1.76 EPS for the current fiscal year.

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About Senior Housing Properties Trust

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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Institutional Ownership by Quarter for Senior Housing Properties Trust (NASDAQ:SNH)

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