Zacks Investment Research Downgrades Five Star Senior Living (FVE) to Sell

Five Star Senior Living (NASDAQ:FVE) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued to investors on Tuesday.

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 (NASDAQ FVE) opened at $1.50 on Tuesday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.61 and a current ratio of 0.61. Five Star Senior Living has a 52 week low of $1.35 and a 52 week high of $2.70. The company has a market capitalization of $72.57, a price-to-earnings ratio of -2.94 and a beta of 0.86.

Five Star Senior Living (NASDAQ:FVE) last announced its quarterly earnings data on Thursday, November 9th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.12) by ($0.03). The company had revenue of $347.10 million during the quarter, compared to analyst estimates of $348.22 million. Five Star Senior Living had a negative net margin of 1.83% and a negative return on equity of 18.10%. sell-side analysts predict that Five Star Senior Living will post -0.51 EPS for the current fiscal year.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. raised its stake in shares of Five Star Senior Living by 3.1% in the second quarter. Vanguard Group Inc. now owns 426,019 shares of the company’s stock valued at $639,000 after acquiring an additional 12,935 shares in the last quarter. Phoenix Investment Adviser LLC raised its stake in shares of Five Star Senior Living by 15.3% in the third quarter. Phoenix Investment Adviser LLC now owns 233,295 shares of the company’s stock valued at $362,000 after acquiring an additional 31,000 shares in the last quarter. Shell Asset Management Co. acquired a new stake in shares of Five Star Senior Living in the third quarter valued at $407,000. Boston Partners raised its stake in shares of Five Star Senior Living by 50.9% in the fourth quarter. Boston Partners now owns 686,281 shares of the company’s stock valued at $1,029,000 after acquiring an additional 231,437 shares in the last quarter. Finally, 22NW LP increased its holdings in Five Star Senior Living by 214.1% in the third quarter. 22NW LP now owns 647,532 shares of the company’s stock valued at $1,004,000 after buying an additional 441,378 shares during the last quarter. Institutional investors and hedge funds own 21.26% of the company’s stock.

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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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