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

Several research analysts recently weighed in on SNR shares. Compass Point upped their target price on shares of New Senior Investment Group from $13.00 to $14.00 and gave the stock a “buy” rating in a report on Friday, April 29th. 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. Finally, Canaccord Genuity reissued a “buy” rating on shares of New Senior Investment Group in a report on Tuesday, May 10th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $13.63.

The firm’s market capitalization is $1.01 billion. The company’s 50-day moving average price is $11.75 and its 200 day moving average price is $10.57.

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 analysts’ consensus estimates of $0.33 by $0.01. The company had revenue of $118.54 million for the quarter, compared to the consensus estimate of $118.98 million. New Senior Investment Group’s quarterly revenue was up 30.0% compared to the same quarter last year. On average, analysts expect that New Senior Investment Group Inc. will post $1.32 earnings per share for the current year.

A number of hedge funds and institutional investors have bought and sold shares of the stock. 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 worth $6,868,000 after buying an additional 318,084 shares in the last quarter. 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 worth $12,872,000 after buying an additional 438,443 shares in 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 worth $2,576,000 after buying an additional 4,200 shares in the last quarter. 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 worth $1,193,000 after buying an additional 9,565 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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