New Senior Investment Group Inc. (NYSE:SNR) traded up 1.5% on Wednesday . The company traded as high as $12.36 and last traded at $12.34, with a volume of 233,963 shares trading hands. The stock had previously closed at $12.16.

A number of equities research analysts recently weighed in on the stock. Zacks Investment Research raised shares of New Senior Investment Group from a “sell” rating to a “hold” rating in a report on Saturday, April 30th. Compass Point increased their price objective on shares of New Senior Investment Group from $13.00 to $14.00 and gave the company a “buy” rating in a research note on Friday, April 29th. Finally, Canaccord Genuity reiterated a “buy” rating on shares of New Senior Investment Group in a research note on Tuesday, May 10th. One 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’s stock. The stock has an average rating of “Hold” and a consensus target price of $13.63.

The firm’s market cap is $1.03 billion. The stock has a 50-day moving average price of $11.70 and a 200-day moving average price of $10.55.

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 (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.33 by $0.01. The business had revenue of $118.54 million for the quarter, compared to analysts’ expectations of $118.98 million. The firm’s revenue was up 30.0% compared to the same quarter last year. Analysts anticipate that New Senior Investment Group Inc. will post $1.32 earnings per share for the current year.

A number of hedge funds have bought and sold shares of the stock. 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. Rhumbline Advisers raised 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 worth $1,193,000 after buying an additional 9,565 shares in the last quarter. Dimensional Fund Advisors LP raised 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 worth $6,868,000 after buying an additional 318,084 shares in the last quarter. Finally, Morgan Stanley raised 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 worth $12,872,000 after buying an additional 438,443 shares in 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.

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