Price Don’t Lie: Could Senior Housing Properties Trust Change Direction After Today’s Big Increase?

Price Don't Lie: Could Senior Housing Properties Trust Change Direction After Today's Big Increase?

The stock of Senior Housing Properties Trust (NASDAQ:SNH) is a huge mover today! About 884,914 shares traded hands. Senior Housing Properties Trust (NASDAQ:SNH) has declined 2.29% since April 11, 2016 and is downtrending. It has underperformed by 8.44% the S&P500.
The move comes after 7 months positive chart setup for the $3.99 billion company. It was reported on Nov, 11 by Barchart.com. We have $22.96 PT which if reached, will make NASDAQ:SNH worth $1.20 billion more.

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 2016 Q2. 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.
Mastrapasqua Asset last reported 0.06% of its portfolio in the stock. Sei Com has 0.01% invested in the company for 62,207 shares. Ig Investment Mgmt Limited accumulated 44,805 shares or 0% of the stock. Cbre Clarion Secs Limited Liability Corporation holds 1.02% of its portfolio in Senior Housing Properties Trust (NASDAQ:SNH) for 6.24 million shares. Los Angeles Management And Equity Research Incorporated accumulated 0.02% or 89,828 shares. Hightower Advsr Ltd Limited Liability Company reported 82,089 shares or 0.02% of all its holdings. Principal Fin owns 5.69 million shares or 0.17% of their US portfolio. Blackrock Advsr Ltd Liability owns 129,239 shares or 0% of their US portfolio. Independent Order Of Foresters holds 30,500 shares or 0.47% of its portfolio. Bollard Group Limited Liability Company reported 68 shares or 0% of all its holdings. The Minnesota-based Advantus Cap Mngmt has invested 0.02% in Senior Housing Properties Trust (NASDAQ:SNH). Macquarie Group Limited has 0.01% invested in the company for 173,400 shares. Renaissance Technology Ltd Limited Liability Company has invested 0.01% of its portfolio in Senior Housing Properties Trust (NASDAQ:SNH). Fiduciary Financial Services Of The Southwest Tx last reported 1.36% of its portfolio in the stock. Sg Americas Securities Ltd Limited Liability Company reported 262,725 shares or 0.04% of all its holdings.

More important recent Senior Housing Properties Trust (NASDAQ:SNH) news were published by: Prnewswire.com which released: “Research Reports Coverage on REIT Stocks — GEO Group, Senior Housing …” on November 11, 2016, also Fool.com published article titled: “Better Buy: HCP, Inc. vs. Senior Housing Properties Trust”, Businesswire.com published: “Senior Housing Properties Trust Announces Third Quarter 2016 Results” on November 04, 2016. More interesting news about Senior Housing Properties Trust (NASDAQ:SNH) was released by: Nasdaq.com and their article: “Senior Housing Properties Trust Earnings Fall 3% In Q3” with publication date: November 04, 2016.

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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