LSV Asset Management Sells 52,735 Shares of Five Star Senior Living Inc. (NASDAQ:FVE)

LSV Asset Management lowered its holdings in Five Star Senior Living Inc. (NASDAQ:FVE) by 34.0% during the first quarter, HoldingsChannel.com reports. The fund owned 102,490 shares of the company’s stock after selling 52,735 shares during the period. LSV Asset Management’s holdings in Five Star Senior Living were worth $627,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of FVE. Citigroup Inc. increased its stake in Five Star Senior Living by 78.6% in the fourth quarter. Citigroup Inc. now owns 3,991 shares of the company’s stock valued at $28,000 after acquiring an additional 1,757 shares during the period. HighTower Advisors LLC bought a new stake in Five Star Senior Living in the fourth quarter valued at about $71,000. Norges Bank bought a new stake in Five Star Senior Living in the fourth quarter valued at about $94,000. The Manufacturers Life Insurance Company bought a new stake in Five Star Senior Living in the fourth quarter valued at about $98,000. Finally, Trustcore Financial Services LLC acquired a new position in Five Star Senior Living in the fourth quarter valued at about $115,000. 35.07% of the stock is currently owned by institutional investors and hedge funds.

A number of research firms have commented on FVE. B. Riley boosted their price target on shares of Five Star Senior Living from $7.50 to $8.00 and gave the company a “buy” rating in a research report on Monday, May 10th. Zacks Investment Research lowered shares of Five Star Senior Living from a “hold” rating to a “sell” rating in a research report on Wednesday, March 3rd.

Shares of NASDAQ FVE opened at $5.95 on Monday. Five Star Senior Living Inc. has a fifty-two week low of $3.11 and a fifty-two week high of $9.25. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.46 and a quick ratio of 1.46. The firm has a market capitalization of $188.47 million, a P/E ratio of 2.11 and a beta of 1.08. The company’s 50 day simple moving average is $5.55 and its 200 day simple moving average is $6.50.

Five Star Senior Living (NASDAQ:FVE) last issued its quarterly earnings data on Wednesday, May 5th. The company reported $0.10 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.03 by $0.07. The company had revenue of $269.10 million during the quarter, compared to the consensus estimate of $268.65 million. Five Star Senior Living had a net margin of 0.46% and a negative return on equity of 2.56%. Sell-side analysts expect that Five Star Senior Living Inc. will post -0.25 EPS for the current fiscal year.

Five Star Senior Living Profile

Five Star Senior Living Inc operates and manages senior living communities in the United States. It operates through Senior Living, and Rehabilitation and Wellness segments. Its senior living communities comprise independent living communities, assisted living communities, continuing care retirement communities (CCRCs), skilled nursing facilities (SNFs), and an active adult community.

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Institutional Ownership by Quarter for Five Star Senior Living (NASDAQ:FVE)

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