State Street Corp increased its holdings in shares of New Senior Investment Group Inc. (NYSE:SNR) by 1.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,919,581 shares of the real estate investment trust’s stock after acquiring an additional 30,977 shares during the quarter. State Street Corp owned about 2.34% of New Senior Investment Group worth $19,287,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Vanguard Group Inc. increased its holdings in shares of New Senior Investment Group by 1.4% during the 2nd quarter. Vanguard Group Inc. now owns 13,504,924 shares of the real estate investment trust’s stock worth $135,724,000 after acquiring an additional 180,288 shares during the last quarter. Renaissance Technologies LLC grew its holdings in New Senior Investment Group by 39.2% in the 2nd quarter. Renaissance Technologies LLC now owns 1,754,900 shares of the real estate investment trust’s stock valued at $17,637,000 after buying an additional 494,200 shares in the last quarter. Northern Trust Corp grew its holdings in New Senior Investment Group by 9.0% in the 2nd quarter. Northern Trust Corp now owns 1,377,951 shares of the real estate investment trust’s stock valued at $13,849,000 after buying an additional 113,669 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in New Senior Investment Group by 5.6% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,120,511 shares of the real estate investment trust’s stock valued at $11,261,000 after buying an additional 59,710 shares in the last quarter. Finally, Global X Management Co. LLC grew its holdings in New Senior Investment Group by 4.8% in the 2nd quarter. Global X Management Co. LLC now owns 877,810 shares of the real estate investment trust’s stock valued at $8,822,000 after buying an additional 40,271 shares in the last quarter. 64.03% of the stock is currently owned by institutional investors and hedge funds.

New Senior Investment Group Inc. (NYSE SNR) opened at $8.01 on Friday. The company has a quick ratio of 1.82, a current ratio of 1.82 and a debt-to-equity ratio of 4.23. 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 market capitalization of $658.01, a price-to-earnings ratio of 6.85 and a beta of 0.93.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 22nd. Shareholders of record on Friday, December 8th will be issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 12.98%. The ex-dividend date is Thursday, December 7th. New Senior Investment Group’s dividend payout ratio is -358.61%.

SNR has been the topic of a number of research reports. 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. BidaskClub lowered New Senior Investment Group from a “hold” rating to a “sell” rating in a report on Thursday, August 10th. Finally, Zacks Investment Research lowered New Senior Investment Group from a “hold” rating to a “sell” rating in a report on Saturday, July 22nd. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. New Senior Investment Group currently has an average rating of “Hold” and an average target price of $9.67.

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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.

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

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