The stock of Five Star Quality Care, Inc. (NASDAQ:FVE) is a huge mover today! The stock decreased 8.93% or $0.25 on November 4, hitting $2.55. About 592,868 shares traded hands or 69.48% up from the average. Five Star Quality Care, Inc. (NASDAQ:FVE) has risen 27.27% since April 4, 2016 and is uptrending. It has outperformed by 26.18% the S&P500.
The move comes after 8 months negative chart setup for the $127.42M company. It was reported on Nov, 4 by Barchart.com. We have $2.24 PT which if reached, will make NASDAQ:FVE worth $15.29M less.
According to Zacks Investment Research, “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.”
Insitutional Activity: The institutional sentiment decreased to 0.65 in Q2 2016. Its down 0.05, from 0.7 in 2016Q1. The ratio worsened, as 16 funds sold all Five Star Quality Care, Inc. shares owned while 35 reduced positions. 17 funds bought stakes while 16 increased positions. They now own 21.27 million shares or 17.58% less from 25.81 million shares in 2016Q1.
Moreover, Bridgeway Cap Management has 0.02% invested in Five Star Quality Care, Inc. (NASDAQ:FVE) for 586,100 shares. M Hldg Inc last reported 0.02% of its portfolio in the stock. Reilly Financial Advisors Ltd Liability Corporation holds 0% of its portfolio in Five Star Quality Care, Inc. (NASDAQ:FVE) for 2 shares. Endurant Mngmt Ltd Partnership has 492,089 shares for 0.38% of their US portfolio. Northern Trust last reported 85,853 shares in the company. Brown Brothers Harriman has 0% invested in the company for 2 shares. Vanguard Grp Inc Inc has invested 0% of its portfolio in Five Star Quality Care, Inc. (NASDAQ:FVE). Sei Invests Commerce reported 1,207 shares or 0% of all its holdings. Blackrock Japan Co owns 7,428 shares or 0% of their US portfolio. Shell Asset Co holds 0.01% of its portfolio in Five Star Quality Care, Inc. (NASDAQ:FVE) for 145,489 shares. Connor Clark & Lunn Invest holds 279,850 shares or 0% of its portfolio. Boothbay Fund Management Ltd Liability Com last reported 0.04% of its portfolio in the stock. Blackrock Fund Advsr, a California-based fund reported 115,574 shares. Jacobs Levy Equity Mgmt has 175,812 shares for 0.01% of their US portfolio. Blackrock Inv Mngmt Ltd, a New Jersey-based fund reported 7,647 shares.
More notable recent Five Star Quality Care, Inc. (NASDAQ:FVE) news were published by: Businesswire.com which released: “Five Star Quality Care, Inc. Announces Third Quarter 2016 Results” on November 03, 2016, also Businesswire.com with their article: “Five Star Quality Care, Inc. Announces Correspondence with Thomas Brothers” published on October 27, 2016, Finance.Yahoo.com published: “Five Star Quality Care, Inc. Third Quarter 2016 Conference Call Scheduled for …” on October 27, 2016. More interesting news about Five Star Quality Care, Inc. (NASDAQ:FVE) were released by: Businesswire.com and their article: “Five Star Quality Care, Inc. Appoints Richard A. Doyle, Jr. as Chief Financial …” published on December 15, 2015 as well as Businesswire.com‘s news article titled: “Five Star Quality Care, Inc. Announces First Quarter 2016 Results” with publication date: May 04, 2016.
FVE Company Profile
Five Star Quality Care, Inc., incorporated on September 17, 2001, operates senior living communities, including independent living communities, assisted living communities and skilled nursing facilities (SNFs). The Firm operates through senior living community segment. In the senior living community segment, it operates for its own account or manages for the account of third parties independent living communities, assisted living communities and SNFs that are subject to centralized oversight and provide housing and services to elderly residents. The Firm operates approximately 270 senior living communities located in over 30 states with approximately 31,420 living units, including over 240 primarily independent and assisted living communities with approximately 28,610 living units and over 30 SNFs with approximately 2,800 living units. The Firm owns and operates approximately 30 communities (approximately 3,210 living units), it leases and operates over 180 communities (approximately 20,010 living units) and manages over 60 communities (approximately 8,190 living units). The Company’s approximately 270 senior living communities include over 10,750 independent living apartments, approximately 15,500 assisted living suites and over 5,160 skilled nursing beds.
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