New Senior Investment Group Inc. (NYSE:SNR)’s share price 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 traded. The stock had previously closed at $12.33.

A number of equities analysts recently issued reports on the stock. Canaccord Genuity reiterated a “buy” rating on shares of New Senior Investment Group in a research report on Thursday, August 4th. Compass Point upped their price objective on shares of New Senior Investment Group from $14.00 to $16.50 and gave the stock a “buy” rating in a research report on Monday, August 8th. Finally, Zacks Investment Research upgraded shares of New Senior Investment Group from a “strong sell” rating to a “hold” rating in a research report on Thursday, July 14th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $13.63.

The firm’s market capitalization is $1.02 billion. The stock’s 50-day moving average is $11.48 and its 200 day moving average is $10.46.

New Senior Investment Group (NYSE:SNR) last posted its earnings results on Thursday, August 4th. The real estate investment trust reported $0.32 earnings per share for the quarter, missing the 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. New Senior Investment Group’s quarterly revenue was up 30.0% on a year-over-year basis. On average, equities analysts predict that New Senior Investment Group Inc. will post $1.32 earnings per share for the current year.

Several institutional investors have bought and sold shares of SNR. 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 last quarter. 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 last quarter. 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 last quarter. Finally, 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 last quarter.

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.