Price Action to Note: Could Senior Housing Properties Trust Change Direction After Today’s Significant Increase?

Price Action to Note: Could Senior Housing Properties Trust Change Direction After Today's Significant Increase?

The stock of Senior Housing Properties Trust (NASDAQ:SNH) is a huge mover today! The stock decreased 1.77% or $0.41 during the last trading session, hitting $22.71. Senior Housing Properties Trust (NASDAQ:SNH) has risen 32.38% since March 8, 2016 and is uptrending. It has outperformed by 23.07% the S&P500.
The move comes after 6 months positive chart setup for the $5.41B company. It was reported on Oct, 11 by Barchart.com. We have $29.98 PT which if reached, will make NASDAQ:SNH worth $1.73B more.

Analysts await Senior Housing Properties Trust (NASDAQ:SNH) to report earnings on November, 2. They expect $0.47 EPS, 0.00% or $0.00 from last year’s $0.47 per share. SNH’s profit will be $111.96M for 12.08 P/E if the $0.47 EPS becomes a reality. After $0.47 actual EPS reported by Senior Housing Properties Trust for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

According to Zacks Investment Research, “Senior Housing Properties Trust is a Maryland real estate investment trust that invests in senior housing income producing real estate, including senior apartments and assisted living, congregate care and nursing home properties. Senior apartments are marketed to residents who are generally capable of caring for themselves. Residence is generally restricted on the basis of age. Purpose built properties may have special function rooms, concierge services, high levels of security and centralized call buttons for emergency use.”

Insitutional Activity: The institutional sentiment increased to 1.23 in Q2 2016. Its up 0.06, from 1.17 in 2016Q1. The ratio is positive, as 30 funds sold all Senior Housing Properties Trust shares owned while 91 reduced positions. 40 funds bought stakes while 109 increased positions. They now own 175.95 million shares or 0.57% more from 174.94 million shares in 2016Q1.
Clearbridge Investments Limited Liability Corp has invested 0.01% of its portfolio in Senior Housing Properties Trust (NASDAQ:SNH). Nomura Asset Mngmt holds 0.06% or 150,800 shares in its portfolio. Winslow Evans & Crocker Inc accumulated 1,050 shares or 0% of the stock. Nationwide Fund Advisors accumulated 0.04% or 423,867 shares. Blackrock Mgmt Llc last reported 0.02% of its portfolio in the stock. Federated Invsts Pa, a Pennsylvania-based fund reported 138,040 shares. Lakeview Prtnrs Ltd Company, a Georgia-based fund reported 13,018 shares. Teachers Retirement Sys Of The State Of Kentucky owns 61,208 shares or 0.02% of their US portfolio. Arrow Inv Lc last reported 34,732 shares in the company. Manufacturers Life Insur The owns 320,893 shares or 0.01% of their US portfolio. Hsbc Public Ltd reported 77,043 shares or 0% of all its holdings. Johnson Invest Counsel accumulated 0.01% or 13,864 shares. Raymond James Finance Serv Advsr holds 0.03% of its portfolio in Senior Housing Properties Trust (NASDAQ:SNH) for 155,067 shares. Churchill Mngmt Corporation owns 132,224 shares or 0.18% of their US portfolio. Price T Rowe Assoc Md holds 0% of its portfolio in Senior Housing Properties Trust (NASDAQ:SNH) for 89,148 shares.

More recent Senior Housing Properties Trust (NASDAQ:SNH) news were published by: Fool.com which released: “Is Senior Housing Properties Trust a Buy?” on April 07, 2016. Also Forbes.com published the news titled: “Ex-Dividend Reminder: First Busey, Franklin Street Properties and Senior …” on July 18, 2016. Businesswire.com‘s news article titled: “Senior Housing Properties Trust Enters Purchase and Lease Transaction for $112 …” with publication date: June 29, 2016 was also an interesting one.

SNH Company Profile

Senior Housing Properties Trust, incorporated on December 16, 1998, is a real estate investment trust (REIT). The Firm operates through four divisions: 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. Properties in triple net senior living communities segment include leased independent living communities, assisted living communities and skilled nursing facilities. Properties in managed senior living communities segment include managed independent living communities and assisted living communities.

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