Trust Co. of Toledo NA OH boosted its position in New Senior Investment Group Inc (NYSE:SNR) by 20.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 20,607 shares of the real estate investment trust’s stock after acquiring an additional 3,444 shares during the period. Trust Co. of Toledo NA OH’s holdings in New Senior Investment Group were worth $138,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of SNR. Vanguard Group Inc. boosted its holdings in New Senior Investment Group by 8.1% during the second quarter. Vanguard Group Inc. now owns 12,518,641 shares of the real estate investment trust’s stock worth $84,125,000 after buying an additional 940,002 shares during the last quarter. BlackRock Inc. boosted its holdings in New Senior Investment Group by 2.5% during the second quarter. BlackRock Inc. now owns 6,481,595 shares of the real estate investment trust’s stock worth $43,556,000 after buying an additional 157,726 shares during the last quarter. Renaissance Technologies LLC boosted its holdings in New Senior Investment Group by 3.1% during the second quarter. Renaissance Technologies LLC now owns 6,332,786 shares of the real estate investment trust’s stock worth $42,556,000 after buying an additional 189,100 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in New Senior Investment Group by 7.5% during the second quarter. JPMorgan Chase & Co. now owns 1,946,340 shares of the real estate investment trust’s stock worth $13,158,000 after buying an additional 135,354 shares during the last quarter. Finally, Heitman Real Estate Securities LLC bought a new position in New Senior Investment Group during the second quarter worth about $11,200,000. Institutional investors and hedge funds own 74.19% of the company’s stock.

Shares of NYSE:SNR traded up $0.08 during trading on Wednesday, hitting $6.74. 813 shares of the company’s stock traded hands, compared to its average volume of 499,021. New Senior Investment Group Inc has a 52 week low of $4.04 and a 52 week high of $7.26. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 8.00. The company has a market cap of $553.62 million, a price-to-earnings ratio of 11.81 and a beta of 0.77. The company has a 50-day moving average price of $6.46 and a 200-day moving average price of $6.33.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 20th. Stockholders of record on Friday, September 6th were issued a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 7.72%. The ex-dividend date was Thursday, September 5th. New Senior Investment Group’s dividend payout ratio (DPR) is presently 91.23%.

A number of equities analysts have issued reports on the company. ValuEngine cut New Senior Investment Group from a “buy” rating to a “hold” rating in a report on Thursday, August 1st. BTIG Research assumed coverage on New Senior Investment Group in a report on Tuesday, July 16th. They set a “buy” rating and a $8.00 target price on the stock. Morgan Stanley raised their target price on New Senior Investment Group from $5.25 to $6.25 and gave the stock an “equal weight” rating in a report on Tuesday, September 17th. Finally, Zacks Investment Research upgraded New Senior Investment Group from a “sell” rating to a “hold” rating in a report on Tuesday. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $7.08.

New Senior Investment Group Company Profile

New Senior Investment Group Inc (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 December 31, 2018, New Senior is one of the largest owners of senior housing properties, with 133 properties across 37 states.

Featured Story: Is it better to buy a fund with a higher or lower NAV?

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