New Senior Investment Group Inc. (NYSE:SNR) shares reached a new 52-week high on Wednesday . The stock traded as high as $12.37 and last traded at $12.31, with a volume of 364,156 shares traded. The stock had previously closed at $12.05.

Several analysts have recently issued reports on SNR shares. Compass Point upped 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 report on Monday. Canaccord Genuity reissued a “buy” rating on shares of New Senior Investment Group in a research note on Tuesday, May 10th. Finally, Zacks Investment Research raised shares of New Senior Investment Group from a “strong sell” rating to a “hold” rating in a research note on Thursday, July 14th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $13.63.

The stock has a 50-day moving average of $11.32 and a 200 day moving average of $10.41. The firm’s market capitalization is $1.02 billion.

New Senior Investment Group (NYSE:SNR) last issued 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 firm had revenue of $118.54 million for the quarter, compared to analysts’ expectations of $118.98 million. The firm’s revenue for the quarter was up 30.0% compared to the same quarter last year. Equities research analysts anticipate that New Senior Investment Group Inc. will post $1.32 earnings per share for the current year.

A number of institutional investors have recently made changes to their positions in the company. 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 period. 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 period. 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 period. 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 valued at $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.