Financial & Investment Management Group Ltd. lessened its holdings in New Senior Investment Group Inc (NYSE:SNR) by 93.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 43,791 shares of the real estate investment trust’s stock after selling 629,103 shares during the period. Financial & Investment Management Group Ltd. owned about 0.05% of New Senior Investment Group worth $258,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of SNR. Jane Street Group LLC acquired a new stake in shares of New Senior Investment Group in the first quarter worth $111,000. State of Alaska Department of Revenue acquired a new stake in shares of New Senior Investment Group in the third quarter worth $140,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of New Senior Investment Group by 201.4% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 20,202 shares of the real estate investment trust’s stock worth $153,000 after buying an additional 13,500 shares during the period. Dynamic Technology Lab Private Ltd acquired a new stake in shares of New Senior Investment Group in the first quarter worth $155,000. Finally, LMR Partners LLP acquired a new stake in shares of New Senior Investment Group in the second quarter worth $181,000. 67.35% of the stock is owned by institutional investors and hedge funds.

SNR has been the subject of several recent analyst reports. Zacks Investment Research raised New Senior Investment Group from a “sell” rating to a “hold” rating in a research report on Wednesday, August 1st. ValuEngine raised New Senior Investment Group from a “sell” rating to a “hold” rating in a research report on Monday, July 2nd.

SNR opened at $5.72 on Friday. The firm has a market cap of $484.68 million, a P/E ratio of 5.11 and a beta of 0.43. New Senior Investment Group Inc has a 1 year low of $5.50 and a 1 year high of $9.24. The company has a quick ratio of 3.98, a current ratio of 3.98 and a debt-to-equity ratio of 4.75.

New Senior Investment Group (NYSE:SNR) last released its quarterly earnings data on Thursday, August 9th. The real estate investment trust reported ($0.48) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.18) by ($0.30). The firm had revenue of $108.85 million for the quarter. New Senior Investment Group had a negative net margin of 7.82% and a negative return on equity of 7.11%. During the same period last year, the firm posted $0.29 earnings per share.

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 21st. Investors of record on Friday, September 7th were given a dividend of $0.13 per share. The ex-dividend date of this dividend was Thursday, September 6th. This represents a $0.52 dividend on an annualized basis and a yield of 9.09%. New Senior Investment Group’s payout ratio is 45.61%.

About New Senior Investment Group

New Senior Investment Group (NYSE: SNR) is a publicly-traded real estate investment trust with a diversified portfolio of senior housing properties located across the United States. As of March 31, 2018, New Senior is one of the largest owners of senior housing properties, with 133 properties across 37 states.

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

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