New Senior Investment Group Inc. (NYSE:SNR) has been assigned an average rating of “Hold” from the six ratings firms that are currently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $9.33.

A number of research analysts have weighed in on the company. Morgan Stanley decreased their price objective on New Senior Investment Group from $9.00 to $8.00 and set an “underweight” rating on the stock in a report on Thursday. Compass Point lowered New Senior Investment Group from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $13.00 to $10.00 in a report on Thursday, August 31st. Finally, BidaskClub upgraded New Senior Investment Group from a “sell” rating to a “hold” rating in a report on Thursday, August 17th.

Several hedge funds and other institutional investors have recently bought and sold shares of SNR. Principal Financial Group Inc. acquired a new position in shares of New Senior Investment Group during the second quarter worth about $101,000. Amalgamated Bank purchased a new stake in shares of New Senior Investment Group during the second quarter worth approximately $104,000. Stevens Capital Management LP purchased a new stake in shares of New Senior Investment Group during the second quarter worth approximately $106,000. MML Investors Services LLC raised its stake in shares of New Senior Investment Group by 2.9% during the second 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, Institutional & Family Asset Management LLC purchased a new stake in shares of New Senior Investment Group during the third quarter worth approximately $102,000. Institutional investors and hedge funds own 67.44% of the company’s stock.

Shares of New Senior Investment Group (SNR) traded up $0.14 during mid-day trading on Thursday, reaching $7.78. The company’s stock had a trading volume of 893,900 shares, compared to its average volume of 631,520. The company has a quick ratio of 1.82, a current ratio of 1.82 and a debt-to-equity ratio of 4.23. The stock has a market cap of $634.19, a price-to-earnings ratio of 6.53 and a beta of 0.82. New Senior Investment Group has a 12 month low of $7.62 and a 12 month high of $10.82.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 22nd. Stockholders of record on Friday, December 8th will be issued a dividend of $0.26 per share. The ex-dividend date of this dividend is Thursday, December 7th. This represents a $1.04 annualized dividend and a dividend yield of 13.37%. New Senior Investment Group’s dividend payout ratio 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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