New Senior Investment Group (SNR) Downgraded by ValuEngine to Hold

New Senior Investment Group (NYSE:SNR) was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Wednesday.

SNR has been the topic of several other research reports. Zacks Investment Research lowered shares of New Senior Investment Group from a “buy” rating to a “hold” rating in a research report on Tuesday. Morgan Stanley dropped their price target on shares of New Senior Investment Group from $9.00 to $8.00 and set an “underweight” rating on the stock in a research report on Thursday, December 14th. One analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company’s stock. New Senior Investment Group has an average rating of “Hold” and a consensus price target of $9.19.

Shares of New Senior Investment Group (SNR) opened at $7.03 on Wednesday. The company has a market cap of $577.51, a price-to-earnings ratio of -24.24 and a beta of 0.80. The company has a current ratio of 1.82, a quick ratio of 1.82 and a debt-to-equity ratio of 4.23. New Senior Investment Group has a 52-week low of $7.02 and a 52-week high of $10.82.

Hedge funds have recently added to or reduced their stakes in the stock. Principal Financial Group Inc. acquired a new stake in New Senior Investment Group during the second quarter valued at $101,000. Institutional & Family Asset Management LLC acquired a new stake in New Senior Investment Group during the third quarter valued at $102,000. Amalgamated Bank acquired a new stake in New Senior Investment Group during the second quarter valued at $104,000. Schroder Investment Management Group acquired a new stake in New Senior Investment Group during the third quarter valued at $104,000. Finally, Jane Street Group LLC acquired a new stake in New Senior Investment Group during the third quarter valued at $105,000. Institutional investors own 67.40% of the company’s stock.

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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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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