Strs Ohio decreased its position in shares of New Senior Investment Group Inc. (NYSE:SNR) by 10.1% during the second quarter, Holdings Channel reports. The firm owned 128,619 shares of the real estate investment trust’s stock after selling 14,441 shares during the period. Strs Ohio’s holdings in New Senior Investment Group were worth $1,292,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. SG Americas Securities LLC acquired a new position in shares of New Senior Investment Group during the first quarter worth about $101,000. BTC Capital Management Inc. acquired a new position in shares of New Senior Investment Group during the first quarter worth about $105,000. Independent Advisor Alliance acquired a new position in shares of New Senior Investment Group during the first quarter worth about $108,000. Capital Investment Advisors LLC raised its position in shares of New Senior Investment Group by 31.8% in the second quarter. Capital Investment Advisors LLC now owns 14,500 shares of the real estate investment trust’s stock worth $146,000 after buying an additional 3,500 shares during the period. Finally, Creative Planning raised its position in shares of New Senior Investment Group by 7.2% in the first quarter. Creative Planning now owns 16,045 shares of the real estate investment trust’s stock worth $164,000 after buying an additional 1,074 shares during the period. Hedge funds and other institutional investors own 67.45% of the company’s stock.

New Senior Investment Group Inc. (SNR) opened at 9.16 on Friday. The stock’s 50 day moving average price is $10.02 and its 200-day moving average price is $10.07. New Senior Investment Group Inc. has a 12 month low of $8.82 and a 12 month high of $12.68. The stock’s market cap is $752.48 million.

New Senior Investment Group (NYSE:SNR) last issued its quarterly earnings data on Thursday, August 3rd. The real estate investment trust reported $0.29 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.30 by $0.01. New Senior Investment Group had a negative net margin of 6.41% and a negative return on equity of 5.28%. The company had revenue of $114.29 million during the quarter, compared to analysts’ expectations of $114.70 million. During the same quarter in the prior year, the company earned $0.32 earnings per share. Equities research analysts predict that New Senior Investment Group Inc. will post ($0.64) EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 22nd. Stockholders of record on Friday, September 8th will be given a $0.26 dividend. The ex-dividend date is Thursday, September 7th. This represents a $1.04 annualized dividend and a dividend yield of 11.35%. New Senior Investment Group’s dividend payout ratio is currently -288.88%.

ILLEGAL ACTIVITY WARNING: This story was originally published by Daily Political and is owned by of Daily Political. If you are viewing this story on another domain, it was illegally copied and republished in violation of US and international copyright and trademark law. The legal version of this story can be accessed at https://www.dailypolitical.com/2017/08/13/new-senior-investment-group-inc-nysesnr-position-lowered-by-strs-ohio.html.

A number of research analysts have recently issued reports on the company. Stifel Nicolaus reiterated a “hold” rating and set a $10.00 target price on shares of New Senior Investment Group in a research report on Friday, July 14th. BidaskClub lowered New Senior Investment Group from a “buy” rating to a “hold” rating in a research report on Saturday, July 8th. Zacks Investment Research lowered New Senior Investment Group from a “hold” rating to a “sell” rating in a research report on Saturday, July 22nd. Finally, Canaccord Genuity reiterated a “buy” rating on shares of New Senior Investment Group in a research report on Friday, May 5th. Three equities research analysts have rated the stock with a sell rating, one has given a hold rating and one has given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $10.67.

About New Senior Investment Group

New Senior Investment Group Inc is a real estate investment trust with a diversified portfolio of primarily private pay senior housing properties located across the United States. The Company operates through two segments: Managed Properties and Triple Net Lease Properties. As of December 31, 2016, the Company owned a diversified portfolio of 152 primarily private pay senior housing properties located across 37 states.

Want to see what other hedge funds are holding SNR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for New Senior Investment Group Inc. (NYSE:SNR).

Institutional Ownership by Quarter for New Senior Investment Group (NYSE:SNR)

Receive News & Ratings for New Senior Investment Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for New Senior Investment Group Inc. and related companies with MarketBeat.com's FREE daily email newsletter.