Five Star Quality Care, Inc. (FVE) Given a $5.00 Price Target at Jefferies Group
Five Star Quality Care, Inc. (NYSE:FVE) received a $5.00 price target from research analysts at Jefferies Group in a research report issued on Saturday. The brokerage currently has a a “buy” rating on the stock. Jefferies Group’s price objective points to a potential upside of 75.44% from the stock’s current price.
Separately, Zacks Investment Research raised Five Star Quality Care from a “hold” rating to a “buy” rating and set a $2.75 target price on the stock in a research report on Monday, July 4th.
Five Star Quality Care (NYSE:FVE) traded up 3.26% on Friday, hitting $2.85. The stock had a trading volume of 836,261 shares. The firm’s market cap is $141.13 million. Five Star Quality Care has a 52-week low of $1.65 and a 52-week high of $3.98. The company has a 50-day moving average price of $2.19 and a 200 day moving average price of $2.18.
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Five Star Quality Care (NYSE:FVE) last announced its earnings results on Thursday, August 4th. The company reported ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by $0.06. The business earned $279 million during the quarter, compared to analyst estimates of $278 million. Equities analysts forecast that Five Star Quality Care will post ($0.36) earnings per share for the current fiscal year.
Hedge funds have recently modified their holdings of the stock. Renaissance Technologies LLC raised its stake in shares of Five Star Quality Care by 8.0% in the first quarter. Renaissance Technologies LLC now owns 1,941,800 shares of the company’s stock valued at $4,447,000 after buying an additional 143,500 shares in the last quarter. Acadian Asset Management LLC raised its stake in shares of Five Star Quality Care by 23.2% in the second quarter. Acadian Asset Management LLC now owns 1,725,649 shares of the company’s stock valued at $4,037,000 after buying an additional 324,509 shares in the last quarter. GSA Capital Partners LLP raised its stake in shares of Five Star Quality Care by 1.1% in the fourth quarter. GSA Capital Partners LLP now owns 687,040 shares of the company’s stock valued at $2,185,000 after buying an additional 7,600 shares in the last quarter. TFS Capital LLC raised its stake in shares of Five Star Quality Care by 14.8% in the fourth quarter. TFS Capital LLC now owns 600,256 shares of the company’s stock valued at $1,909,000 after buying an additional 77,233 shares in the last quarter. Finally, Boston Partners acquired a new stake in shares of Five Star Quality Care during the second quarter valued at approximately $1,001,000.
About Five Star Quality Care
Five Star Quality Care, Inc operates senior living communities, including independent living communities, assisted living communities and skilled nursing facilities (SNFs). The Company 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.
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