Five Star Senior Living Inc (FVE) Upgraded to “Hold” at Zacks Investment Research

Five Star Senior Living Inc (NYSE:FVE) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a note issued to investors on Tuesday.

According to Zacks, “Five Star Quality Care, Inc. is in the business of leasing and operating senior living facilities, including senior apartments, assisted living facilities, congregate communities and nursing homes. “

Five Star Senior Living (NYSE:FVE) traded up 1.613% during mid-day trading on Tuesday, hitting $1.575. The stock had a trading volume of 39,718 shares. The company has a 50 day moving average price of $1.60 and a 200-day moving average price of $1.72. Five Star Senior Living has a one year low of $1.45 and a one year high of $3.04. The company’s market cap is $78.84 million.

Five Star Senior Living (NYSE:FVE) last issued its earnings results on Thursday, August 3rd. The company reported ($0.16) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.13) by ($0.03). Five Star Senior Living had a negative net margin of 1.97% and a negative return on equity of 16.84%. The business had revenue of $350.03 million during the quarter, compared to analysts’ expectations of $351.05 million. Equities analysts expect that Five Star Senior Living will post ($0.58) earnings per share for the current fiscal year.

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A number of institutional investors have recently added to or reduced their stakes in FVE. Spark Investment Management LLC increased its stake in Five Star Senior Living by 16.2% during the 1st quarter. Spark Investment Management LLC now owns 128,509 shares of the company’s stock worth $276,000 after buying an additional 17,909 shares during the period. Dimensional Fund Advisors LP increased its stake in Five Star Senior Living by 5.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 895,157 shares of the company’s stock worth $1,925,000 after buying an additional 43,236 shares during the period. Renaissance Technologies LLC increased its stake in Five Star Senior Living by 1.2% during the 1st quarter. Renaissance Technologies LLC now owns 565,737 shares of the company’s stock worth $1,216,000 after buying an additional 6,487 shares during the period. Goldman Sachs Group Inc. increased its stake in Five Star Senior Living by 21.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 56,928 shares of the company’s stock worth $122,000 after buying an additional 10,110 shares during the period. Finally, Prescott Group Capital Management L.L.C. increased its stake in Five Star Senior Living by 1.5% during the 2nd quarter. Prescott Group Capital Management L.L.C. now owns 451,427 shares of the company’s stock worth $677,000 after buying an additional 6,726 shares during the period.

About Five Star Senior Living

Five Star Senior Living Inc, formerly Five Star Quality Care, Inc, operates senior living communities, including independent living communities, assisted living communities and skilled nursing facilities (SNFs). The Company’s segments include senior living communities and rehabilitation and wellness.

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