Saturday , 21 March 2015

Latest News
Home » Business & Finance » Senior Housing Properties Trust (NYSE:SNH) Is “Strong Sell” - Report on Cimarex Energy, (NYSE:XEC), Hospitality Properties, (NYSE:HPT), Senior Housing Properties, (NYSE:SNH), BHP Billiton, (NYSE:BHP)
Senior Housing Properties Trust (NYSE:SNH) Is “Strong Sell” – Report on Cimarex Energy, (NYSE:XEC), Hospitality Properties, (NYSE:HPT), Senior Housing Properties, (NYSE:SNH), BHP Billiton, (NYSE:BHP)

Senior Housing Properties Trust (NYSE:SNH) Is “Strong Sell” - Report on Cimarex Energy, (NYSE:XEC), Hospitality Properties, (NYSE:HPT), Senior Housing Properties, (NYSE:SNH), BHP Billiton, (NYSE:BHP)

March 21, 2015 10:16 am by: Category: Business & Finance Leave a comment A+ / A-

On Friday, Following stocks ended their trade in “Green-Zone“: Cimarex Energy Co. (NYSE:XEC), Hospitality Properties Trust (NYSE:HPT), Senior Housing Properties Trust (NYSE:SNH), BHP Billiton Limited (NYSE:BHP)

Cimarex Energy Co. (NYSE:XEC), with shares inclined 3.16%, closed at $110.62.

Hospitality Properties Trust (NYSE:HPT), with shares jumped 3.16%, settled at $33.97, hitting new 52-week high of $34.01.

Senior Housing Properties Trust (NYSE:SNH), with shares climbed 3.14%, and closed at $22.98.

BHP Billiton Limited (NYSE:BHP), surged 3.13%, and closed at $48.06.

Latest NEWS regarding these Stocks are depicted underneath:

Cimarex Energy Co. (NYSE:XEC)

Formerly on February 25, Cimarex Energy Co. (XEC), declared that its Board of Directors has confirmed a regular quarterly cash dividend on its ordinary stock of $0.16 per share. The dividend is payable on June 1, 2015, to stockholders of record on May 15, 2015.

Cimarex Energy Co. operates as an independent oil and gas exploration and production corporation primarily in Texas, Oklahoma, and New Mexico. The corporation owns interests in 3,240 net productive oil and gas wells.

Hospitality Properties Trust (NYSE:HPT)

Hospitality Properties Trust (HPT), declared that its board of trustees has declared the regular quarterly dividend on HPT’s Series D Cumulative Redeemable Preferred Shares.

A distribution of $0.4453125 per Series D preferred share is payable on or about April 15, 2015, to holders of record at the close of business on March 31, 2015.

Hospitality Properties Trust is a real estate investment trust, or REIT, which owns a diverse portfolio of hotels and travel centers located in 44 states, Puerto Rico and Canada. HPT’s properties are operated under long term administration or lease contracts. HPT is headquartered in Newton, Massachusetts.

Senior Housing Properties Trust (NYSE:SNH)

Formerly on February 26, Senior Housing Properties Trust (SNH), declared its financial results for the quarter and year ended December 31, 2014.

Results for the quarter ended December 31, 2014:

Normalized funds from operations, or Normalized FFO, for the quarter ended December 31, 2014 were $91.3 million, or $0.45 per basic and diluted share. This compares to Normalized FFO for the quarter ended December 31, 2013 of $80.5 million, or $0.43 per basic and diluted share. The raise in Normalized FFO per share is primarily the result of attainments during 2014.

Net revenue was $45.3 million, or $0.22 per basic and diluted share, for the quarter ended December 31, 2014, contrast to net revenue of $72.2 million, or $0.38 per basic and diluted share, for the quarter ended December 31, 2013.

The basic and diluted weighted average number of ordinary shares outstanding were 203.7 million and 203.8 million, respectively, for the quarter ended December 31, 2014, and 188.0 million and 188.2 million, respectively, for the quarter ended December 31, 2013.

Results for the year ended December 31, 2014:

Normalized FFO for the year ended December 31, 2014 were $347.6 million, or $1.75 per basic and diluted share. This compares to Normalized FFO for the year ended December 31, 2013 of $317.4 million, or $1.69 per basic and diluted share.

Net revenue was $158.6 million, or $0.80 per basic and diluted share, for the year ended December 31, 2014, contrast to net revenue of $151.2 million, or $0.81 per basic and diluted share, for the year ended December 31, 2013.

The basic and diluted weighted average number of ordinary shares outstanding were 198.9 million for the year ended December 31, 2014, and 187.3 million and 187.4 million, respectively, for the year ended December 31, 2013.

SNH is a real estate investment trust, or REIT, that owned 370 properties (397 buildings) located in 38 states and Washington, D.C. as of December 31, 2014. SNH is headquartered in Newton, MA.

BHP Billiton Limited (NYSE:BHP)

According to Zacks Equity Research report, BHP Billiton Limited (BHP), stated record yields in eight operational facilities and five commodities at the end of first-half fiscal 2015. The improvement was achieved on the back of efficient output gained from the corporation’s Queensland and Illawarra coal mines in addition to superior smelting activities. We believe that supported by such productivity in business, the corporation would report higher proceeds, going ahead.

The corporation aims to further improve its business yield in the near term through portfolio simplification initiatives. Moreover, the corporation implements a progressive dividend policy within its business, reflecting its commitment to raise shareholders’ wealth. However, in order to sustain the lucrative dividend policy, BHP Billiton needs to maintain a superior system of capital administration. By investing funds in high-return growth opportunities, the corporation aims to offer attractive share buyback and dividend return programs to its shareholders in the near future.

BHP Billiton’s financial results for first-half fiscal 2015 failed to impress investors. Certain market headwinds, like price inflation of major commodities, were primarily responsible for the year-over-year downfall in proceeds and earnings. As a result of such unfavorable business environment in addition to certain external negativities such as equipment shortage and labor crisis, the corporation anticipates reporting weaker results in the forthcoming quarters.

With a market capitalization of $123.89 billion, BHP Billiton presently carries a Zacks Rank #3 (Hold).

BHP Billiton Limited engages in the discovery, attainment, development, and marketing of natural resources worldwide. It produces iron ore, metallurgical and energy coal, conventional and unconventional oil and gas, copper, aluminum, manganese, uranium, nickel, and silver deposits.

DISCLAIMER:

This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.

Senior Housing Properties Trust (NYSE:SNH) Is “Strong Sell” - Report on Cimarex Energy, (NYSE:XEC), Hospitality Properties, (NYSE:HPT), Senior Housing Properties, (NYSE:SNH), BHP Billiton, (NYSE:BHP) Reviewed by on . On Friday, Following stocks ended their trade in "Green-Zone": Cimarex Energy Co. (NYSE:XEC), Hospitality Properties Trust (NYSE:HPT), Senior Housing Properties On Friday, Following stocks ended their trade in "Green-Zone": Cimarex Energy Co. (NYSE:XEC), Hospitality Properties Trust (NYSE:HPT), Senior Housing Properties Rating: 0

Leave a Comment

scroll to top