New Senior Investment Group Inc. (NYSE:SNR) traded down 1.5% during mid-day trading on Thursday . The company traded as low as $12.10 and last traded at $12.15, with a volume of 165,271 shares. The stock had previously closed at $12.33.

A number of equities research analysts have recently issued reports on the company. Canaccord Genuity reiterated a “buy” rating on shares of New Senior Investment Group in a research note on Tuesday, May 10th. Zacks Investment Research cut New Senior Investment Group from a “hold” rating to a “sell” rating in a research note on Friday, May 13th. Finally, Compass Point boosted their target price on New Senior Investment Group from $14.00 to $16.50 and gave the stock a “buy” rating in a report on Monday. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $13.63.

The firm’s market cap is $1.00 billion. The firm has a 50-day moving average price of $11.42 and a 200-day moving average price of $10.43.

New Senior Investment Group (NYSE:SNR) last released its earnings results on Thursday, August 4th. The real estate investment trust reported $0.32 EPS for the quarter, missing the consensus estimate of $0.33 by $0.01. The company earned $118.54 million during the quarter, compared to analyst estimates of $118.98 million. The firm’s revenue was up 30.0% on a year-over-year basis. On average, equities research analysts anticipate that New Senior Investment Group Inc. will post $1.32 earnings per share for the current fiscal year.

A number of large investors have recently made changes to their positions in the stock. Rhumbline Advisers boosted its stake in shares of 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 worth $1,193,000 after buying an additional 9,565 shares during the period. New York State Common Retirement Fund boosted its stake in shares of 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 worth $2,576,000 after buying an additional 4,200 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of 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 worth $6,868,000 after buying an additional 318,084 shares during the period. Finally, Morgan Stanley boosted its stake in shares of 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 worth $12,872,000 after buying an additional 438,443 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.

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