Five Star Senior Living Inc (NYSE:FVE) Downgraded to “Sell” at Zacks Investment Research

Zacks Investment Research cut shares of Five Star Senior Living Inc (NYSE:FVE) from a hold rating to a sell rating in a research note published on Monday 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 research firms have also commented on FVE. Cantor Fitzgerald reissued a buy rating on shares of Five Star Senior Living in a research report on Monday, May 8th. Jefferies Group LLC cut their price objective on Five Star Senior Living from $4.25 to $3.75 and set a buy rating on the stock in a research report on Monday, May 8th.

Five Star Senior Living (NYSE:FVE) traded up 0.61% on Monday, hitting $1.66. The stock had a trading volume of 9,538 shares. The stock’s market cap is $81.66 million. The company’s 50-day moving average is $1.62 and its 200-day moving average is $2.01. Five Star Senior Living has a one year low of $1.45 and a one year high of $3.04.

Five Star Senior Living (NYSE:FVE) last released its quarterly earnings data on Thursday, August 3rd. The company reported ($0.16) EPS for the quarter, missing the 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 16.89%. The company had revenue of $350.03 million during the quarter, compared to analysts’ expectations of $351.05 million. On average, analysts anticipate that Five Star Senior Living will post ($0.55) earnings per share for the current fiscal year.

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Hedge funds have recently made changes to their positions in the company. Dimensional Fund Advisors LP raised its stake in shares of Five Star Senior Living by 5.1% in the first 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 last quarter. Renaissance Technologies LLC raised its stake in shares of Five Star Senior Living by 1.2% in the first 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 last quarter. Boston Partners raised 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 during the last quarter. Prescott Group Capital Management L.L.C. raised its stake in shares of Five Star Senior Living by 1.5% in the second 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 last quarter. Finally, Phoenix Investment Adviser LLC raised 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 during the last quarter.

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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