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

Zacks Investment Research upgraded shares of Five Star Senior Living (NASDAQ:FVE) from a sell rating to a hold rating in a research report released 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. “

Five Star Senior Living (FVE) traded down $0.03 on Wednesday, reaching $1.52. 47,356 shares of the company’s stock were exchanged, compared to its average volume of 47,925. The company has a quick ratio of 0.61, a current ratio of 0.61 and a debt-to-equity ratio of 0.30. The stock has a market cap of $77.58, a P/E ratio of -2.98 and a beta of 1.02. Five Star Senior Living has a 1 year low of $1.35 and a 1 year high of $2.85.

Five Star Senior Living (NASDAQ:FVE) last posted its quarterly earnings data on Thursday, November 9th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.12) by ($0.03). Five Star Senior Living had a negative return on equity of 18.10% and a negative net margin of 1.83%. sell-side analysts forecast that Five Star Senior Living will post -0.51 EPS for the current fiscal year.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Shell Asset Management Co. purchased a new position in shares of Five Star Senior Living in the 3rd quarter worth about $407,000. Phoenix Investment Adviser LLC boosted its holdings in shares of Five Star Senior Living by 15.3% in the 3rd quarter. Phoenix Investment Adviser LLC now owns 233,295 shares of the company’s stock worth $362,000 after buying an additional 31,000 shares during the last quarter. Vanguard Group Inc. boosted its holdings in shares of Five Star Senior Living by 3.1% in the 2nd quarter. Vanguard Group Inc. now owns 426,019 shares of the company’s stock worth $639,000 after buying an additional 12,935 shares during the last quarter. Finally, 22NW LP boosted its holdings in shares of Five Star Senior Living by 214.1% in the 3rd quarter. 22NW LP now owns 647,532 shares of the company’s stock worth $1,004,000 after buying an additional 441,378 shares during the last quarter. 21.30% of the stock is currently owned by hedge funds and other institutional investors.

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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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