Deutsche Bank AG Has $646,000 Holdings in New Senior Investment Group Inc (SNR)

Deutsche Bank AG lifted its holdings in shares of New Senior Investment Group Inc (NYSE:SNR) by 5.3% during the 4th quarter, HoldingsChannel reports. The firm owned 157,299 shares of the real estate investment trust’s stock after purchasing an additional 7,848 shares during the quarter. Deutsche Bank AG’s holdings in New Senior Investment Group were worth $646,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the stock. Dimensional Fund Advisors LP raised its stake in shares of New Senior Investment Group by 1.3% in the third quarter. Dimensional Fund Advisors LP now owns 1,270,749 shares of the real estate investment trust’s stock valued at $7,497,000 after purchasing an additional 16,186 shares in the last quarter. LPL Financial LLC raised its stake in shares of New Senior Investment Group by 225.1% in the third quarter. LPL Financial LLC now owns 38,985 shares of the real estate investment trust’s stock valued at $230,000 after purchasing an additional 26,993 shares in the last quarter. Marshall Wace LLP acquired a new position in shares of New Senior Investment Group in the third quarter valued at $176,000. Virtu Financial LLC acquired a new position in shares of New Senior Investment Group in the fourth quarter valued at $77,000. Finally, Meeder Asset Management Inc. raised its stake in shares of New Senior Investment Group by 2,474.9% in the fourth quarter. Meeder Asset Management Inc. now owns 22,814 shares of the real estate investment trust’s stock valued at $94,000 after purchasing an additional 21,928 shares in the last quarter. Institutional investors own 66.41% of the company’s stock.

New Senior Investment Group stock opened at $6.43 on Friday. The company has a debt-to-equity ratio of 7.22, a current ratio of 1.55 and a quick ratio of 1.55. New Senior Investment Group Inc has a 52-week low of $4.04 and a 52-week high of $7.94. The firm has a market cap of $534.36 million, a price-to-earnings ratio of 11.28 and a beta of 1.01.

New Senior Investment Group (NYSE:SNR) last released its quarterly earnings data on Friday, May 3rd. The real estate investment trust reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.03. New Senior Investment Group had a negative return on equity of 47.15% and a negative net margin of 33.97%. The firm had revenue of $117.62 million during the quarter. Equities analysts anticipate that New Senior Investment Group Inc will post 0.57 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 21st. Shareholders of record on Friday, June 7th will be paid a dividend of $0.13 per share. The ex-dividend date of this dividend is Thursday, June 6th. This represents a $0.52 annualized dividend and a yield of 8.09%. New Senior Investment Group’s dividend payout ratio is currently 91.23%.

A number of research analysts recently commented on the company. Zacks Investment Research lowered New Senior Investment Group from a “hold” rating to a “sell” rating in a research note on Friday, February 15th. ValuEngine lowered New Senior Investment Group from a “hold” rating to a “sell” rating in a research note on Tuesday, April 16th. Finally, Morgan Stanley set a $5.00 price objective on New Senior Investment Group and gave the stock a “hold” rating in a research note on Thursday, March 28th.

COPYRIGHT VIOLATION NOTICE: “Deutsche Bank AG Has $646,000 Holdings in New Senior Investment Group Inc (SNR)” was published by Baseball Daily News and is the property of of Baseball Daily News. If you are accessing this story on another website, it was illegally stolen and republished in violation of US & international copyright and trademark law. The correct version of this story can be read at https://www.baseballdailydigest.com/news/2019/05/19/deutsche-bank-ag-has-646000-holdings-in-new-senior-investment-group-inc-snr.html.

New Senior Investment Group Profile

New Senior Investment Group Inc (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, 2018, New Senior is one of the largest owners of senior housing properties, with 133 properties across 37 states.

Read More: What is Call Option Volume?

Want to see what other hedge funds are holding SNR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for New Senior Investment Group Inc (NYSE:SNR).

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

Receive News & Ratings for New Senior Investment Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for New Senior Investment Group and related companies with MarketBeat.com's FREE daily email newsletter.