New Senior Investment Group (SNR) Shares Bought by Thompson Siegel & Walmsley LLC

Thompson Siegel & Walmsley LLC raised its holdings in New Senior Investment Group (NYSE:SNR) by 45.3% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 77,150 shares of the real estate investment trust’s stock after purchasing an additional 24,071 shares during the quarter. Thompson Siegel & Walmsley LLC’s holdings in New Senior Investment Group were worth $631,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. BlackRock Inc. raised its position in New Senior Investment Group by 3.0% during the 4th quarter. BlackRock Inc. now owns 7,376,465 shares of the real estate investment trust’s stock worth $55,766,000 after purchasing an additional 217,101 shares during the last quarter. Renaissance Technologies LLC raised its position in New Senior Investment Group by 26.9% during the 4th quarter. Renaissance Technologies LLC now owns 3,093,700 shares of the real estate investment trust’s stock worth $23,388,000 after purchasing an additional 656,500 shares during the last quarter. LSV Asset Management raised its position in New Senior Investment Group by 10.4% during the 1st quarter. LSV Asset Management now owns 2,481,091 shares of the real estate investment trust’s stock worth $20,295,000 after purchasing an additional 233,400 shares during the last quarter. Global X Management Co. LLC raised its position in New Senior Investment Group by 48.1% during the 1st quarter. Global X Management Co. LLC now owns 1,397,236 shares of the real estate investment trust’s stock worth $11,429,000 after purchasing an additional 453,972 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its position in New Senior Investment Group by 5.0% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,176,883 shares of the real estate investment trust’s stock worth $10,769,000 after purchasing an additional 56,372 shares during the last quarter. 68.94% of the stock is currently owned by hedge funds and other institutional investors.

New Senior Investment Group opened at $7.47 on Monday, MarketBeat Ratings reports. New Senior Investment Group has a 1-year low of $6.77 and a 1-year high of $10.57. The company has a debt-to-equity ratio of 4.04, a current ratio of 2.73 and a quick ratio of 2.73. The stock has a market capitalization of $613.65 million, a PE ratio of 6.55 and a beta of 0.61.

New Senior Investment Group (NYSE:SNR) last posted its quarterly earnings data on Thursday, May 10th. The real estate investment trust reported ($0.16) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.24 by ($0.40). New Senior Investment Group had a return on equity of 1.75% and a net margin of 2.02%. The business had revenue of $99.22 million during the quarter, compared to the consensus estimate of $98.69 million. During the same period last year, the business posted $0.30 earnings per share. The business’s revenue was down 13.7% on a year-over-year basis. analysts expect that New Senior Investment Group will post 0.99 earnings per share for the current year.

Several brokerages recently issued reports on SNR. Stifel Nicolaus reaffirmed a “hold” rating on shares of New Senior Investment Group in a research report on Monday. Zacks Investment Research lowered New Senior Investment Group from a “hold” rating to a “strong sell” rating in a research report on Thursday, April 26th. Finally, ValuEngine lowered New Senior Investment Group from a “buy” rating to a “hold” rating in a research report on Monday, April 2nd. Two equities research analysts have rated the stock with a sell rating and four have given a hold rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $9.31.

New Senior Investment Group Profile

New Senior Investment Group (NYSE: SNR) is a publicly-traded real estate investment trust with a diversified portfolio of senior housing properties located across the United States. As of December 31, 2017, New Senior is one of the largest owners of senior housing properties, with 133 properties across 37 states.

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

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