New Senior Investment Group Inc. (NYSE:SNR) shares reached a new 52-week high on Wednesday . The stock traded as high as $12.37 and last traded at $12.31, with a volume of 364,156 shares traded. The stock had previously closed at $12.05.

Several analysts have recently issued reports on SNR shares. Compass Point upped their target price on shares of New Senior Investment Group from $14.00 to $16.50 and gave the stock a “buy” rating in a report on Monday. Canaccord Genuity reissued a “buy” rating on shares of New Senior Investment Group in a research note on Tuesday, May 10th. Finally, Zacks Investment Research raised shares of New Senior Investment Group from a “strong sell” rating to a “hold” rating in a research note on Thursday, July 14th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $13.63.

The stock has a 50-day moving average of $11.32 and a 200 day moving average of $10.41. The firm’s market capitalization is $1.02 billion.

New Senior Investment Group (NYSE:SNR) last issued its earnings results on Thursday, August 4th. The real estate investment trust reported $0.32 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.33 by $0.01. The firm had revenue of $118.54 million for the quarter, compared to analysts’ expectations of $118.98 million. The firm’s revenue for the quarter was up 30.0% compared to the same quarter last year. Equities research analysts anticipate that New Senior Investment Group Inc. will post $1.32 earnings per share for the current year.

A number of institutional investors have recently made changes to their positions in the company. Morgan Stanley increased its position in New Senior Investment Group by 50.6% in the fourth quarter. Morgan Stanley now owns 1,305,356 shares of the real estate investment trust’s stock valued at $12,872,000 after buying an additional 438,443 shares during the period. Dimensional Fund Advisors LP increased its position in New Senior Investment Group by 84.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 696,537 shares of the real estate investment trust’s stock valued at $6,868,000 after buying an additional 318,084 shares during the period. New York State Common Retirement Fund increased its position in New Senior Investment Group by 1.6% in the fourth quarter. New York State Common Retirement Fund now owns 261,212 shares of the real estate investment trust’s stock valued at $2,576,000 after buying an additional 4,200 shares during the period. Finally, Rhumbline Advisers increased its position in New Senior Investment Group by 8.6% in the fourth quarter. Rhumbline Advisers now owns 120,997 shares of the real estate investment trust’s stock valued at $1,193,000 after buying an additional 9,565 shares during the period.

New Senior Investment Group Inc is a real estate investment trust (REIT) with a diversified portfolio of senior housing properties located across the United States. The Company conducts its business through two segments: Managed Properties and Triple Net Lease Properties. Under its Managed Properties segment, the Company operates approximately 100 properties under property management agreements with the Property Managers.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.