Voya Investment Management LLC boosted its position in shares of New Senior Investment Group Inc. (NYSE:SNR) by 12.1% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 36,058 shares of the real estate investment trust’s stock after purchasing an additional 3,897 shares during the quarter. Voya Investment Management LLC’s holdings in New Senior Investment Group were worth $362,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Nomura Asset Management Co. Ltd. grew its holdings in New Senior Investment Group by 0.4% during the first quarter. Nomura Asset Management Co. Ltd. now owns 53,400 shares of the real estate investment trust’s stock valued at $545,000 after purchasing an additional 200 shares during the period. MML Investors Services LLC boosted its holdings in shares of New Senior Investment Group by 2.9% in the second quarter. MML Investors Services LLC now owns 10,955 shares of the real estate investment trust’s stock valued at $110,000 after buying an additional 310 shares during the period. BTC Capital Management Inc. boosted its holdings in shares of New Senior Investment Group by 10.0% in the second quarter. BTC Capital Management Inc. now owns 11,404 shares of the real estate investment trust’s stock valued at $115,000 after buying an additional 1,039 shares during the period. Legal & General Group Plc boosted its holdings in shares of New Senior Investment Group by 0.7% in the first quarter. Legal & General Group Plc now owns 189,054 shares of the real estate investment trust’s stock valued at $1,928,000 after buying an additional 1,335 shares during the period. Finally, Nisa Investment Advisors LLC boosted its holdings in shares of New Senior Investment Group by 4.7% in the second quarter. Nisa Investment Advisors LLC now owns 38,200 shares of the real estate investment trust’s stock valued at $366,000 after buying an additional 1,700 shares during the period. Hedge funds and other institutional investors own 64.23% of the company’s stock.

Shares of New Senior Investment Group Inc. (NYSE:SNR) opened at $8.16 on Friday. The company has a quick ratio of 1.89, a current ratio of 1.82 and a debt-to-equity ratio of 4.23. The company has a market cap of $670.34, a price-to-earnings ratio of 6.97 and a beta of 0.93. New Senior Investment Group Inc. has a 1 year low of $8.11 and a 1 year high of $10.82.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 22nd. Stockholders of record on Friday, December 8th will be given a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 12.75%. The ex-dividend date of this dividend is Thursday, December 7th. New Senior Investment Group’s dividend payout ratio is presently -358.61%.

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Several research firms have recently weighed in on SNR. BidaskClub upgraded shares of New Senior Investment Group from a “sell” rating to a “hold” rating in a report on Thursday, August 17th. Compass Point cut shares of New Senior Investment Group from a “buy” rating to a “neutral” rating and reduced their price target for the company from $13.00 to $10.00 in a report on Thursday, August 31st. Finally, Zacks Investment Research cut shares of New Senior Investment Group from a “hold” rating to a “sell” rating in a report on Saturday, July 22nd. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company. New Senior Investment Group currently has a consensus rating of “Hold” and an average price target of $9.67.

About New Senior Investment Group

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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