New Senior Investment Group Inc. (NYSE:SNR)’s share price hit a new 52-week high during trading on Thursday . The company traded as high as $12.55 and last traded at $12.37, with a volume of 227,885 shares traded. The stock had previously closed at $12.34.

A number of equities analysts recently commented on SNR shares. Canaccord Genuity reiterated a “buy” rating on shares of New Senior Investment Group in a research note on Monday. Compass Point boosted 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 research note on Monday, August 8th. Finally, Zacks Investment Research upgraded shares of New Senior Investment Group from a “sell” rating to a “hold” rating in a research note on Saturday, April 30th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $13.63.

The stock’s 50-day moving average is $11.65 and its 200-day moving average is $10.53. The company’s market capitalization is $1.02 billion.

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

Other hedge funds have recently bought and sold shares of the company. Dimensional Fund Advisors LP boosted its stake 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 worth $6,868,000 after buying an additional 318,084 shares during the period. Morgan Stanley boosted its stake 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 worth $12,872,000 after buying an additional 438,443 shares during the period. New York State Common Retirement Fund boosted its stake 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 worth $2,576,000 after buying an additional 4,200 shares during the period. Finally, Rhumbline Advisers boosted its stake 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 worth $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.