Martingale Asset Management L P Boosts Position in Senior Housing Properties Trust (SNH)

Martingale Asset Management L P boosted its position in shares of Senior Housing Properties Trust (NYSE:SNH) by 5.1% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 1,462,106 shares of the real estate investment trust’s stock after buying an additional 71,159 shares during the period. Martingale Asset Management L P owned about 0.62% of Senior Housing Properties Trust worth $27,679,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the stock. NEXT Financial Group Inc boosted its stake in 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 in the last quarter. Ffcm LLC purchased a new stake in Senior Housing Properties Trust during the fourth quarter worth about $106,000. Daiwa Securities Group Inc. boosted its stake in Senior Housing Properties Trust by 2.4% in the third quarter. Daiwa Securities Group Inc. now owns 8,700 shares of the real estate investment trust’s stock worth $198,000 after buying an additional 200 shares in the last quarter. Arbor Wealth Management LLC purchased a new stake in Senior Housing Properties Trust during the second quarter worth about $220,000. Finally, Cetera Advisors LLC purchased a new stake in Senior Housing Properties Trust during the third quarter worth about $226,000.

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

Senior Housing Properties Trust (NYSE:SNH) traded up 0.36% during trading on Monday, reaching $19.59. The company’s stock had a trading volume of 921,341 shares. Senior Housing Properties Trust has a 1-year low of $13.54 and a 1-year high of $23.85. The company’s 50 day moving average price is $19.06 and its 200-day moving average price is $20.33. The stock has a market cap of $4.65 billion, a P/E ratio of 43.34 and a beta of 0.52.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, February 21st. Stockholders of record on Monday, January 23rd will be paid a $0.39 dividend. The ex-dividend date is Thursday, January 19th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 7.96%. Senior Housing Properties Trust’s payout ratio is presently 325.01%.

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A number of research firms have recently issued reports on SNH. Jefferies Group LLC cut Senior Housing Properties Trust from a “buy” rating to a “hold” rating and lowered their price objective for the company from $25.00 to $23.00 in a research report on Thursday, October 20th. FBR & Co started coverage on Senior Housing Properties Trust in a research note on Wednesday, December 21st. They issued an “outperform” rating and a $24.00 price target on the stock. RBC Capital Markets set a $24.00 price target on Senior Housing Properties Trust and gave the company a “buy” rating in a research note on Tuesday, January 3rd. Zacks Investment Research raised Senior Housing Properties Trust from a “sell” rating to a “hold” rating in a research note on Thursday, January 5th. Finally, Wells Fargo & Company lowered Senior Housing Properties Trust from a “market perform” rating to an “underperform” rating in a research note on Tuesday, December 13th. One research analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $23.00.

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.

5 Day Chart for NYSE:SNH

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