Winfield Associates Inc. cut its stake in shares of New Senior Investment Group Inc. (NYSE:SNR) by 48.1% during the third quarter, Holdings Channel reports. The fund owned 26,141 shares of the real estate investment trust’s stock after selling 24,194 shares during the period. Winfield Associates Inc.’s holdings in New Senior Investment Group were worth $302,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Royal Bank of Canada boosted its stake in shares of New Senior Investment Group by 0.6% in the second quarter. Royal Bank of Canada now owns 1,231,896 shares of the real estate investment trust’s stock valued at $13,157,000 after buying an additional 7,048 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in New Senior Investment Group by 5.4% in the second quarter. Dimensional Fund Advisors LP now owns 911,146 shares of the real estate investment trust’s stock valued at $9,731,000 after buying an additional 46,277 shares during the period. Bank of Montreal Can bought a new stake in New Senior Investment Group during the second quarter valued at $9,632,000. Financial & Investment Management Group Ltd. raised its stake in New Senior Investment Group by 31.4% in the third quarter. Financial & Investment Management Group Ltd. now owns 558,389 shares of the real estate investment trust’s stock valued at $6,444,000 after buying an additional 133,347 shares during the period. Finally, Brown Advisory Inc. raised its stake in New Senior Investment Group by 27.1% in the second quarter. Brown Advisory Inc. now owns 377,568 shares of the real estate investment trust’s stock valued at $4,033,000 after buying an additional 80,551 shares during the period. 72.21% of the stock is owned by institutional investors and hedge funds.

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

New Senior Investment Group Inc. (NYSE:SNR) traded down 0.77% during midday trading on Friday, reaching $10.36. The company had a trading volume of 609,413 shares. The company’s market cap is $850.84 million. New Senior Investment Group Inc. has a 52-week low of $7.78 and a 52-week high of $12.68. The company’s 50-day moving average is $9.98 and its 200 day moving average is $10.90.

New Senior Investment Group (NYSE:SNR) last released its quarterly earnings results on Wednesday, November 2nd. The real estate investment trust reported $0.31 EPS for the quarter, missing the Zacks’ consensus estimate of $0.34 by $0.03. The business had revenue of $118.50 million for the quarter, compared to analyst estimates of $120.17 million. New Senior Investment Group had a negative return on equity of 13.51% and a negative net margin of 19.32%. The firm’s quarterly revenue was up 13.4% compared to the same quarter last year. On average, equities research analysts forecast that New Senior Investment Group Inc. will post ($1.07) EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 22nd. Stockholders of record on Thursday, December 8th were given a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 10.04%. The ex-dividend date was Tuesday, December 6th. New Senior Investment Group’s dividend payout ratio is currently -94.54%.

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Separately, Zacks Investment Research upgraded New Senior Investment Group from a “sell” rating to a “hold” rating in a report on Tuesday, December 6th.

About New Senior Investment Group

New Senior Investment Group Inc is a real estate investment trust (REIT) with a diversified portfolio of senior housing properties located across the United States. The Company conducts its business through two segments: Managed Properties and Triple Net Lease Properties. Under its Managed Properties segment, the Company operates approximately 100 properties under property management agreements with the Property Managers.

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