Quantbot Technologies LP lifted its position in shares of New Senior Investment Group Inc. (NYSE:SNR) by 2,719.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 31,804 shares of the real estate investment trust’s stock after purchasing an additional 30,676 shares during the period. Quantbot Technologies LP’s holdings in New Senior Investment Group were worth $291,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in SNR. Principal Financial Group Inc. purchased a new stake in shares of New Senior Investment Group during the 2nd quarter worth $101,000. Amalgamated Bank purchased a new stake in shares of New Senior Investment Group during the 2nd quarter worth $104,000. Stevens Capital Management LP purchased a new stake in shares of New Senior Investment Group during the 2nd quarter worth $106,000. MML Investors Services LLC lifted its position in shares of New Senior Investment Group by 2.9% during the 2nd quarter. MML Investors Services LLC now owns 10,955 shares of the real estate investment trust’s stock worth $110,000 after purchasing an additional 310 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. purchased a new stake in shares of New Senior Investment Group during the 2nd quarter worth $113,000. 67.44% of the stock is owned by institutional investors and hedge funds.

Several research firms have recently issued reports on SNR. Compass Point cut shares of New Senior Investment Group from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $13.00 to $10.00 in a research report on Thursday, August 31st. BidaskClub raised shares of New Senior Investment Group from a “sell” rating to a “hold” rating in a research report on Thursday, August 17th. Two analysts have rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $9.67.

New Senior Investment Group Inc. (NYSE:SNR) traded up $0.03 during trading on Wednesday, hitting $8.08. 501,500 shares of the stock traded hands, compared to its average volume of 627,740. The stock has a market cap of $663.76, a PE ratio of 6.91 and a beta of 0.88. New Senior Investment Group Inc. has a 1-year low of $7.87 and a 1-year high of $10.82. The company has a current ratio of 1.82, a quick ratio of 1.82 and a debt-to-equity ratio of 4.23.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 22nd. Investors of record on Friday, December 8th will be given a $0.26 dividend. The ex-dividend date of this dividend is Thursday, December 7th. This represents a $1.04 dividend on an annualized basis and a yield of 12.87%. New Senior Investment Group’s dividend payout ratio (DPR) is presently -358.62%.

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

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