Five Star Senior Living Inc (NYSE:FVE) Upgraded to Hold by Zacks Investment Research

Zacks Investment Research upgraded shares of Five Star Senior Living Inc (NYSE:FVE) from a sell rating to a hold rating in a research report sent to investors on Wednesday morning.

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. “

Several other brokerages have also commented on FVE. Cantor Fitzgerald restated a buy rating on shares of Five Star Senior Living in a report on Monday, May 8th. Jefferies Group LLC decreased their price objective on shares of Five Star Senior Living from $4.25 to $3.75 and set a buy rating on the stock in a report on Monday, May 8th.

Five Star Senior Living (NYSE FVE) opened at 1.70 on Wednesday. The stock’s 50 day moving average is $1.75 and its 200-day moving average is $2.19. Five Star Senior Living has a 12 month low of $1.45 and a 12 month high of $3.04. The stock’s market capitalization is $84.99 million.

Five Star Senior Living (NYSE:FVE) last issued its quarterly earnings data on Friday, May 5th. The company reported ($0.14) EPS for the quarter, missing the consensus estimate of ($0.07) by $0.07. Five Star Senior Living had a negative return on equity of 16.89% and a negative net margin of 1.97%. The company had revenue of $350.69 million during the quarter, compared to analyst estimates of $347.20 million. On average, equities research analysts expect that Five Star Senior Living will post ($0.50) earnings per share for the current year.

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A number of large investors have recently added to or reduced their stakes in the company. Russell Investments Group Ltd. purchased a new stake in shares of Five Star Senior Living during the fourth quarter worth approximately $137,000. Prescott Group Capital Management L.L.C. increased its stake in shares of Five Star Senior Living by 795.3% in the first quarter. Prescott Group Capital Management L.L.C. now owns 444,701 shares of the company’s stock worth $956,000 after buying an additional 395,032 shares in the last quarter. Boston Partners increased its stake in shares of Five Star Senior Living by 34.9% in the first quarter. Boston Partners now owns 454,844 shares of the company’s stock worth $978,000 after buying an additional 117,611 shares in the last quarter. Phoenix Investment Adviser LLC increased its stake in shares of Five Star Senior Living by 6.3% in the first quarter. Phoenix Investment Adviser LLC now owns 202,295 shares of the company’s stock worth $435,000 after buying an additional 11,900 shares in the last quarter. Finally, Spark Investment Management LLC increased its stake in shares of Five Star Senior Living by 16.2% in the first 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 in the last quarter.

Five Star Senior Living Company Profile

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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