Rational Advisors LLC Has $1.32 Million Stake in New Senior Investment Group Inc. (SNR)

Rational Advisors LLC trimmed its stake in shares of New Senior Investment Group Inc. (NYSE:SNR) by 27.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 144,630 shares of the real estate investment trust’s stock after selling 55,500 shares during the quarter. Rational Advisors LLC owned approximately 0.18% of New Senior Investment Group worth $1,323,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently modified their holdings of the company. IndexIQ Advisors LLC raised its position in shares of New Senior Investment Group by 11.7% during the second quarter. IndexIQ Advisors LLC now owns 97,300 shares of the real estate investment trust’s stock worth $978,000 after acquiring an additional 10,213 shares during the last quarter. WESPAC Advisors LLC bought a new position in shares of New Senior Investment Group during the second quarter worth about $1,225,000. Prudential Financial Inc. raised its position in shares of New Senior Investment Group by 79.6% during the second quarter. Prudential Financial Inc. now owns 318,233 shares of the real estate investment trust’s stock worth $3,198,000 after acquiring an additional 141,010 shares during the last quarter. Ranger Global Real Estate Advisors LLC raised its position in shares of New Senior Investment Group by 4.9% during the third quarter. Ranger Global Real Estate Advisors LLC now owns 535,569 shares of the real estate investment trust’s stock worth $4,900,000 after acquiring an additional 25,000 shares during the last quarter. Finally, Nationwide Fund Advisors increased its holdings in New Senior Investment Group by 48.7% in the second quarter. Nationwide Fund Advisors now owns 67,414 shares of the real estate investment trust’s stock worth $678,000 after purchasing an additional 22,090 shares in the last quarter. Institutional investors own 67.00% of the company’s stock.

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Shares of New Senior Investment Group Inc. (NYSE:SNR) remained flat at $$8.01 during mid-day trading on Monday. The company had a trading volume of 394,900 shares, compared to its average volume of 633,888. The firm has a market capitalization of $658.01, a P/E ratio of 6.85 and a beta of 0.88. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.82 and a quick ratio of 1.82. New Senior Investment Group Inc. has a 1-year low of $7.87 and a 1-year high of $10.82.

The firm also recently announced 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. The ex-dividend date of this dividend is Thursday, December 7th. This represents a $1.04 dividend on an annualized basis and a yield of 12.98%. New Senior Investment Group’s payout ratio is currently -358.62%.

A number of equities research analysts have weighed in on the company. Compass Point downgraded New Senior Investment Group from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $13.00 to $10.00 in a report on Thursday, August 31st. BidaskClub upgraded New Senior Investment Group from a “sell” rating to a “hold” rating in a report on Thursday, August 17th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus 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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