In this paper we study some shape preserving properties of particular positive linear operators acting on spaces of continuous functions defined on the interval [0, + [, which are strongly related to the semigroups generated by a large class of degenerate elliptic second order differential operators. We study the conditions under which these operators leave invariant the class of increasing functions, as well as the class of convex functions and Ho lder continuous functions. As a consequence, we derive some regularity results concerning the related semigroups.