Renaissance Technologies LLC Has $17.79 Million Position in Senior Housing Properties Trust (SNH)

Share on StockTwits

Renaissance Technologies LLC decreased its holdings in shares of Senior Housing Properties Trust (NASDAQ:SNH) by 5.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 983,400 shares of the real estate investment trust’s stock after selling 53,600 shares during the period. Renaissance Technologies LLC owned about 0.41% of Senior Housing Properties Trust worth $17,790,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the company. D.A. Davidson & CO. lifted its stake in Senior Housing Properties Trust by 10.5% in the 2nd quarter. D.A. Davidson & CO. now owns 30,575 shares of the real estate investment trust’s stock worth $553,000 after purchasing an additional 2,916 shares in the last quarter. Hsbc Holdings PLC increased its holdings in shares of Senior Housing Properties Trust by 7.7% in the 1st quarter. Hsbc Holdings PLC now owns 53,532 shares of the real estate investment trust’s stock worth $839,000 after buying an additional 3,844 shares during the last quarter. Arizona State Retirement System increased its holdings in shares of Senior Housing Properties Trust by 2.6% in the 2nd quarter. Arizona State Retirement System now owns 164,981 shares of the real estate investment trust’s stock worth $2,985,000 after buying an additional 4,240 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its holdings in shares of Senior Housing Properties Trust by 11.1% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 44,375 shares of the real estate investment trust’s stock worth $803,000 after buying an additional 4,440 shares during the last quarter. Finally, Capital Investment Advisors LLC increased its holdings in shares of Senior Housing Properties Trust by 2.9% in the 2nd quarter. Capital Investment Advisors LLC now owns 171,245 shares of the real estate investment trust’s stock worth $3,098,000 after buying an additional 4,835 shares during the last quarter. 73.21% of the stock is owned by hedge funds and other institutional investors.

Several brokerages recently commented on SNH. Zacks Investment Research upgraded shares of Senior Housing Properties Trust from a “hold” rating to a “buy” rating and set a $20.00 price target on the stock in a report on Thursday, August 2nd. ValuEngine upgraded shares of Senior Housing Properties Trust from a “sell” rating to a “hold” rating in a research note on Thursday, September 6th. Jefferies Financial Group restated a “hold” rating on shares of Senior Housing Properties Trust in a research note on Friday, July 20th. Finally, BidaskClub upgraded shares of Senior Housing Properties Trust from a “buy” rating to a “strong-buy” rating in a research note on Thursday, June 28th. Four research analysts have rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company’s stock. Senior Housing Properties Trust presently has an average rating of “Hold” and an average price target of $18.83.

NASDAQ:SNH opened at $16.52 on Friday. Senior Housing Properties Trust has a 52 week low of $14.86 and a 52 week high of $19.98. The company has a debt-to-equity ratio of 1.07, a current ratio of 5.36 and a quick ratio of 5.36. The company has a market cap of $4.17 billion, a P/E ratio of 10.46, a PEG ratio of 2.84 and a beta of 0.45.

Senior Housing Properties Trust (NASDAQ:SNH) last posted its earnings results on Tuesday, August 7th. The real estate investment trust reported $0.52 EPS for the quarter, beating the Zacks’ consensus estimate of $0.14 by $0.38. Senior Housing Properties Trust had a net margin of 41.79% and a return on equity of 13.68%. The company had revenue of $277.25 million during the quarter, compared to analysts’ expectations of $277.31 million. During the same quarter in the prior year, the company posted $0.07 earnings per share. As a group, equities analysts anticipate that Senior Housing Properties Trust will post 1.62 EPS for the current fiscal year.

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.

Further Reading: Understanding the different types of bonds

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

Receive News & Ratings for Senior Housing Properties Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Senior Housing Properties Trust and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply