The stock of New Senior Investment Group Inc (NYSE:SNR) is a huge mover today! New Senior Investment Group Inc (NYSE:SNR) has risen 8.81% since March 2, 2016 and is uptrending. It has outperformed by 0.55% the S&P500.
The move comes after 9 months negative chart setup for the $863.66 million company. It was reported on Oct, 5 by Barchart.com. We have $9.78 PT which if reached, will make NYSE:SNR worth $51.82M less.
Analysts await New Senior Investment Group Inc (NYSE:SNR) to report earnings on November, 3. They expect $0.33 EPS, up 10.00% or $0.03 from last year’s $0.3 per share. SNR’s profit will be $27.40M for 7.88 P/E if the $0.33 EPS becomes a reality. After $0.33 actual EPS reported by New Senior Investment Group Inc for the previous quarter, Wall Street now forecasts 0.00% EPS growth.
New Senior Investment Group Inc (NYSE:SNR) Ratings Coverage
Out of 4 analysts covering New Senior Investment (NYSE:SNR), 2 rate it a “Buy”, 1 “Sell”, while 1 “Hold”. This means 50% are positive. New Senior Investment has been the topic of 5 analyst reports since August 7, 2015 according to StockzIntelligence Inc. The stock of New Senior Investment Group Inc (NYSE:SNR) has “Buy” rating given on Friday, November 13 by Canaccord Genuity. Compass Point maintained the shares of SNR in a report on Friday, August 7 with “Buy” rating. Stifel Nicolaus initiated the stock with “Hold” rating in Thursday, September 10 report. Bank of America downgraded the shares of SNR in a report on Tuesday, September 15 to “Underperform” rating. Compass Point maintained the stock with “Buy” rating in Friday, April 29 report.
According to Zacks Investment Research, “New Senior Investment Group Inc. is a real estate investment trust focused on investing in senior housing properties across the United States. It operates in two reportable segments: Managed Properties and Triple Net Lease Properties. The Company’s managed portfolio includes assisted living, memory care and independent living properties. Its triple net lease portfolio includes assisted living, memory care, independent living and continuing care retirement communities. New Senior Investment Group Inc. is based in United States.”
Insitutional Activity: The institutional sentiment decreased to 0.86 in 2016 Q2. Its down 0.04, from 0.9 in 2016Q1. The ratio dived, as 12 funds sold all New Senior Investment Group Inc shares owned while 57 reduced positions. 17 funds bought stakes while 42 increased positions. They now own 56.47 million shares or 5.05% less from 59.48 million shares in 2016Q1.
Blackrock Advsrs Limited Company reported 39,960 shares or 0% of all its holdings. Blackrock Japan last reported 4,480 shares in the company. Nomura Asset Mgmt holds 51,180 shares or 0.01% of its portfolio. The California-based Kayne Anderson Limited Partnership has invested 0% in New Senior Investment Group Inc (NYSE:SNR). Bnp Paribas Arbitrage Sa holds 0% or 3,614 shares in its portfolio. Shikiar Asset last reported 559,449 shares in the company. Parametric Lc holds 248,001 shares or 0% of its portfolio. Kbc Gru Nv owns 21,266 shares or 0% of their US portfolio. Moreover, Kelly Lawrence W Associates Inc Ca has 0.01% invested in New Senior Investment Group Inc (NYSE:SNR) for 5,866 shares. Levin Cap Strategies Ltd Partnership holds 0.78% of its portfolio in New Senior Investment Group Inc (NYSE:SNR) for 4.06 million shares. Tiaa Cref Investment Management Ltd Liability Corp has 292,743 shares for 0% of their US portfolio. Amer Century Companies owns 116,503 shares or 0% of their US portfolio. Arete Wealth Ltd Company has 0.21% invested in the company for 31,800 shares. Rhumbline Advisers has 0% invested in the company for 101,600 shares. Amp Invsts Limited reported 13,312 shares or 0% of all its holdings.
More recent New Senior Investment Group Inc (NYSE:SNR) news were published by: Forbes.com which released: “Ex-Dividend Reminder: UnitedHealth Group, New Senior Investment Group and …” on September 02, 2016. Also Valuewalk.com published the news titled: “Grey Owl â€“ New Senior Investment Group Inc (SNR): Disconnect?” on February 05, 2016. Thestreet.com‘s news article titled: “Strong On High Volume: New Senior Investment Group (SNR)” with publication date: December 10, 2015 was also an interesting one.
SNR Company Profile
New Senior Investment Group Inc., incorporated on May 17, 2012, is a real estate investment trust (REIT) with a diversified portfolio of senior housing properties located across the United States. The Firm conducts its business through two divisions: Managed Properties and Triple Net Lease Properties. Under its Managed Properties segment, the Company operates approximately 100 properties under property management agreements with the Property Managers. Under its Triple Net Lease Properties segment, the Company leases over 60 of its properties under approximately four triple net master leases. The Company’s portfolio consists of over 150 private pay senior housing properties located across approximately 40 states.
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