Chicago Equity Partners LLC Acquires 64,230 Shares of Senior Housing Properties Trust (SNH)

Chicago Equity Partners LLC lifted its holdings in shares of Senior Housing Properties Trust (NASDAQ:SNH) by 34.7% in the fourth quarter, Holdings Channel reports. The institutional investor owned 249,340 shares of the real estate investment trust’s stock after buying an additional 64,230 shares during the period. Chicago Equity Partners LLC’s holdings in Senior Housing Properties Trust were worth $2,922,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of SNH. Cedar Wealth Management LLC boosted its stake in shares of Senior Housing Properties Trust by 72.4% during the 4th quarter. Cedar Wealth Management LLC now owns 2,857 shares of the real estate investment trust’s stock worth $33,000 after buying an additional 1,200 shares during the last quarter. Quantamental Technologies LLC acquired a new position in shares of Senior Housing Properties Trust during the 4th quarter worth about $57,000. First Hawaiian Bank boosted its stake in shares of Senior Housing Properties Trust by 24.6% during the 4th quarter. First Hawaiian Bank now owns 8,973 shares of the real estate investment trust’s stock worth $105,000 after buying an additional 1,770 shares during the last quarter. Capital Investment Advisory Services LLC acquired a new position in shares of Senior Housing Properties Trust during the 4th quarter worth about $118,000. Finally, Sigma Planning Corp acquired a new position in shares of Senior Housing Properties Trust during the 4th quarter worth about $143,000. Institutional investors own 72.82% of the company’s stock.

SNH has been the topic of a number of research analyst reports. Zacks Investment Research raised shares of Senior Housing Properties Trust from a “strong sell” rating to a “hold” rating in a report on Thursday, January 17th. ValuEngine cut shares of Senior Housing Properties Trust from a “sell” rating to a “strong sell” rating in a report on Friday, November 16th. Jefferies Financial Group cut shares of Senior Housing Properties Trust from a “hold” rating to an “underperform” rating in a report on Friday, November 16th. Morgan Stanley cut shares of Senior Housing Properties Trust from an “equal weight” rating to an “underweight” rating and dropped their target price for the company from $17.00 to $15.00 in a report on Monday, October 29th. Finally, BidaskClub cut shares of Senior Housing Properties Trust from a “hold” rating to a “sell” rating in a report on Tuesday, November 20th. Four analysts have rated the stock with a sell rating, two have issued a hold rating and five have given a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $18.13.

Senior Housing Properties Trust stock opened at $13.77 on Thursday. The stock has a market capitalization of $3.36 billion, a price-to-earnings ratio of 8.72, a P/E/G ratio of 2.77 and a beta of 0.87. The company has a current ratio of 4.49, a quick ratio of 4.49 and a debt-to-equity ratio of 1.09. Senior Housing Properties Trust has a twelve month low of $11.13 and a twelve month high of $19.17.

The business also recently declared a quarterly dividend, which will be paid on Thursday, February 21st. Shareholders of record on Monday, January 28th will be issued a $0.39 dividend. The ex-dividend date is Friday, January 25th. This represents a $1.56 annualized dividend and a yield of 11.33%. Senior Housing Properties Trust’s dividend payout ratio is currently 98.73%.

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Senior Housing Properties Trust Company 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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