Five Star Senior Living (NASDAQ:FVE) Upgraded at Zacks Investment Research

Zacks Investment Research upgraded shares of Five Star Senior Living (NASDAQ:FVE) from a strong sell rating to a hold rating in a research note published on Monday morning, Zacks.com reports.

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. “

Shares of NASDAQ:FVE opened at $4.10 on Monday. The firm has a market capitalization of $130.21 million, a PE ratio of -51.25 and a beta of 0.90. Five Star Senior Living has a 1 year low of $3.80 and a 1 year high of $9.25. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.45 and a quick ratio of 1.45. The firm’s 50-day moving average is $4.25 and its two-hundred day moving average is $5.19.

Five Star Senior Living (NASDAQ:FVE) last released its earnings results on Wednesday, August 4th. The company reported ($0.27) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.04 by ($0.31). The business had revenue of $258.62 million for the quarter, compared to analyst estimates of $257.74 million. Five Star Senior Living had a positive return on equity of 0.73% and a negative net margin of 0.21%. Analysts expect that Five Star Senior Living will post -0.35 EPS for the current fiscal year.

Institutional investors have recently bought and sold shares of the business. BlackRock Inc. lifted its position in Five Star Senior Living by 9.2% in the first quarter. BlackRock Inc. now owns 1,347,179 shares of the company’s stock valued at $8,244,000 after acquiring an additional 113,514 shares during the last quarter. Newtyn Management LLC boosted its holdings in shares of Five Star Senior Living by 16.9% in the second quarter. Newtyn Management LLC now owns 1,180,000 shares of the company’s stock valued at $6,797,000 after acquiring an additional 170,473 shares during the period. Alta Fundamental Advisers LLC grew its position in shares of Five Star Senior Living by 1.8% during the first quarter. Alta Fundamental Advisers LLC now owns 641,478 shares of the company’s stock worth $3,926,000 after acquiring an additional 11,065 shares during the last quarter. Foundry Partners LLC raised its position in Five Star Senior Living by 52.7% in the 1st quarter. Foundry Partners LLC now owns 588,255 shares of the company’s stock valued at $3,600,000 after purchasing an additional 203,065 shares during the last quarter. Finally, Renaissance Technologies LLC boosted its stake in Five Star Senior Living by 21.1% during the 2nd quarter. Renaissance Technologies LLC now owns 578,796 shares of the company’s stock worth $3,334,000 after purchasing an additional 100,941 shares during the period. Institutional investors own 33.87% of the company’s stock.

About Five Star Senior Living

Five Star Senior Living, Inc engages in the senior living operations. It operates through the following segments: Senior Living Communities & Rehabilitation and Wellness. The Senior Living Communities segment owns account or manages the account of others independent living communities, assisted living communities, and skilled nursing facilities that are subject to centralized oversight, and provide housing and services to elderly residents.

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