New Senior Investment Group Inc. (NYSE:SNR) was downgraded by stock analysts at Compass Point from a “buy” rating to a “neutral” rating in a report issued on Thursday.

Several other research firms have also commented on SNR. Zacks Investment Research raised shares of New Senior Investment Group from a “sell” rating to a “hold” rating in a research report on Wednesday, May 3rd. Stifel Nicolaus reissued a “hold” rating and set a $10.00 price target on shares of New Senior Investment Group in a research report on Friday, July 14th. BidaskClub lowered shares of New Senior Investment Group from a “buy” rating to a “hold” rating in a research report on Saturday, July 8th. Finally, Canaccord Genuity reissued a “buy” rating on shares of New Senior Investment Group in a research report on Friday, May 5th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $10.67.

Shares of New Senior Investment Group (NYSE:SNR) opened at 9.62 on Thursday. New Senior Investment Group has a 52-week low of $8.82 and a 52-week high of $12.68. The company’s market capitalization is $790.26 million. The stock’s 50 day moving average is $9.81 and its 200 day moving average is $10.01.

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

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Institutional investors have recently bought and sold shares of the stock. SG Americas Securities LLC bought a new position in New Senior Investment Group during the first quarter valued at about $101,000. Principal Financial Group Inc. bought a new position in New Senior Investment Group during the second quarter valued at about $101,000. Amalgamated Bank bought a new position in New Senior Investment Group during the second quarter valued at about $104,000. Stevens Capital Management LP bought a new position in New Senior Investment Group during the second quarter valued at about $106,000. Finally, Independent Advisor Alliance bought a new position in New Senior Investment Group during the first quarter valued at about $108,000. Hedge funds and other institutional investors own 64.29% of the company’s stock.

New Senior Investment Group Company Profile

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.

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