Militia Capital Management LLC Buys Shares of 17,854 Sonida Senior Living, Inc. $SNDA

Militia Capital Management LLC bought a new stake in shares of Sonida Senior Living, Inc. (NYSE:SNDA) in the 1st quarter, Holdings Channel reports. The firm bought 17,854 shares of the company’s stock, valued at approximately $576,000.

A number of other hedge funds have also recently made changes to their positions in SNDA. Dimensional Fund Advisors LP purchased a new stake in shares of Sonida Senior Living in the 1st quarter worth approximately $1,998,000. Kestra Advisory Services LLC purchased a new position in Sonida Senior Living during the first quarter valued at $1,036,000. Gaddis Premier Wealth Advisors LLC purchased a new position in Sonida Senior Living during the first quarter valued at $657,000. BlueChip Wealth Advisors LLC bought a new stake in Sonida Senior Living in the first quarter worth $636,000. Finally, Ritholtz Wealth Management bought a new stake in Sonida Senior Living in the first quarter worth $545,000. 87.55% of the stock is owned by institutional investors.

Sonida Senior Living Trading Up 0.2%

SNDA stock opened at $40.09 on Friday. The company has a 50 day simple moving average of $37.73. The company has a debt-to-equity ratio of 1.58, a current ratio of 0.44 and a quick ratio of 0.44. Sonida Senior Living, Inc. has a 12-month low of $23.78 and a 12-month high of $42.79. The company has a market cap of $1.90 billion, a PE ratio of -6.88 and a beta of 0.75.

Sonida Senior Living (NYSE:SNDA) last posted its earnings results on Monday, May 11th. The company reported ($2.39) EPS for the quarter, missing analysts’ consensus estimates of ($1.67) by ($0.72). Sonida Senior Living had a negative return on equity of 36.98% and a negative net margin of 24.15%.The business had revenue of $122.63 million during the quarter. On average, research analysts predict that Sonida Senior Living, Inc. will post -1.72 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on SNDA shares. Robert W. Baird increased their target price on Sonida Senior Living from $35.00 to $37.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. Cantor Fitzgerald lifted their price target on Sonida Senior Living from $36.00 to $42.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 13th. Morgan Stanley upped their price target on shares of Sonida Senior Living from $31.00 to $38.00 and gave the stock an “equal weight” rating in a research note on Friday, May 29th. Royal Bank Of Canada increased their price objective on shares of Sonida Senior Living from $45.00 to $48.00 and gave the company an “outperform” rating in a research report on Monday, June 29th. Finally, Wall Street Zen lowered shares of Sonida Senior Living from a “hold” rating to a “sell” rating in a research note on Sunday, April 26th. Two research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Sonida Senior Living has a consensus rating of “Hold” and a consensus target price of $41.25.

Insider Activity

In related news, Director Benjamin P. Harris sold 2,500 shares of the stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $37.46, for a total transaction of $93,650.00. Following the sale, the director directly owned 9,182 shares of the company’s stock, valued at $343,957.72. This trade represents a 21.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 39.30% of the stock is currently owned by insiders.

Sonida Senior Living Profile

Sonida Senior Living (NYSE: SNDA) is a publicly traded company that owns and operates senior living communities in the United States. The company’s core business centers on providing housing and care services for older adults, with an emphasis on assisted living, memory care and related supportive services tailored to residents’ needs.

Sonida’s communities combine residential accommodations with on-site services such as personal care assistance, medication management, dining programs, social and recreational activities, and clinical oversight.