Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Hedge Funds Are Buying Senior Housing Properties Trust (SNH)

Page 1 of 2

At the moment, there are plenty of metrics shareholders can use to monitor publicly traded companies. A couple of the best are hedge fund and insider trading interest. At Insider Monkey, our studies have shown that, historically, those who follow the best picks of the best fund managers can outpace the broader indices by a significant margin (see just how much).

Equally as necessary, bullish insider trading sentiment is another way to look at the investments you’re interested in. Just as you’d expect, there are a variety of stimuli for a bullish insider to get rid of shares of his or her company, but only one, very simple reason why they would initiate a purchase. Many empirical studies have demonstrated the valuable potential of this method if you understand where to look (learn more here).

A Retirement Savings Stock Every Investor Should Own

Furthermore, we’re going to analyze the newest info surrounding Senior Housing Properties Trust (NYSE:SNH).

What have hedge funds been doing with Senior Housing Properties Trust (NYSE:SNH)?

At the end of the second quarter, a total of 10 of the hedge funds we track were long in this stock, a change of 11% from one quarter earlier. With hedge funds’ positions undergoing their usual ebb and flow, there exists a few noteworthy hedge fund managers who were increasing their holdings substantially.

When using filings from the hedgies we track, Ken Fisher’s Fisher Asset Management had the largest position in Senior Housing Properties Trust (NYSE:SNH), worth close to $52 million, comprising 0.1% of its total 13F portfolio. On Fisher Asset Management’s heels is Millennium Management Subsidiary of Decade Capital Management, with a $4.4 million position; the fund has 0.3% of its 13F portfolio invested in the stock. Some other hedge funds that are bullish include Cliff Asness’s AQR Capital Management, David Dreman’s Dreman Value Management and Brian Ashford-Russell and Tim Woolley’s Polar Capital.

As industrywide interest increased, certain money managers have jumped into Senior Housing Properties Trust (NYSE:SNH) headfirst. Fisher Asset Management, managed by Ken Fisher, initiated the most valuable position in Senior Housing Properties Trust (NYSE:SNH). Fisher Asset Management had 52 million invested in the company at the end of the quarter. Millennium Management Subsidiary’s Decade Capital Management also initiated a $4.4 million position during the quarter. The following funds were also among the new SNH investors: Cliff Asness’s AQR Capital Management, David Dreman’s Dreman Value Management, and Brian Ashford-Russell and Tim Woolley’s Polar Capital.

What have insiders been doing with Senior Housing Properties Trust (NYSE:SNH)?

Bullish insider trading is most useful when the company in question has seen transactions within the past 180 days. Over the latest 180-day time frame, Senior Housing Properties Trust (NYSE:SNH) has seen zero unique insiders purchasing, and zero insider sales (see the details of insider trades here).

We’ll also examine the relationship between both of these indicators in other stocks similar to Senior Housing Properties Trust (NYSE:SNH). These stocks are Camden Property Trust (NYSE:CPT), Essex Property Trust Inc (NYSE:ESS), Apartment Investment and Management Co. (NYSE:AIV), Two Harbors Investment Corp (NYSE:TWO), and American Campus Communities, Inc. (NYSE:ACC). This group of stocks are in the reit – residential industry and their market caps resemble SNH’s market cap.

Page 1 of 2

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!