Price Action Alert: Is Selling Stock Like Five Star Quality Care, Inc. After Such Decline Winning Strategy?

Price Action Alert: Is Selling Stock Like Five Star Quality Care, Inc. After Such Decline Winning Strategy?

The stock of Five Star Quality Care, Inc. (NASDAQ:FVE) is a huge mover today! About 125,290 shares traded hands. Five Star Quality Care, Inc. (NASDAQ:FVE) has declined 5.07% since March 7, 2016 and is downtrending. It has underperformed by 12.66% the S&P500.
The move comes after 7 months negative chart setup for the $127.24M company. It was reported on Oct, 10 by Barchart.com. We have $2.26 PT which if reached, will make NASDAQ:FVE worth $14.00 million less.

Analysts await Five Star Quality Care, Inc. (NASDAQ:FVE) to report earnings on November, 4. They expect $-0.03 EPS, down 50.00% or $0.01 from last year’s $-0.02 per share. After $-0.09 actual EPS reported by Five Star Quality Care, Inc. for the previous quarter, Wall Street now forecasts -66.67% EPS growth.

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 dropped, 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.
Manufacturers Life Insurance The has 0% invested in the company for 338 shares. Farmers Merchants last reported 0% of its portfolio in the stock. Connor Clark Lunn Investment Mngmt Ltd last reported 279,850 shares in the company. Oxford Asset Mgmt holds 0.02% or 153,654 shares in its portfolio. Schneider Cap Management has invested 0.14% of its portfolio in Five Star Quality Care, Inc. (NASDAQ:FVE). Guggenheim Cap Ltd Company reported 14,464 shares or 0% of all its holdings. The California-based California Public Employees Retirement System has invested 0% in Five Star Quality Care, Inc. (NASDAQ:FVE). Morgan Stanley last reported 15,000 shares in the company. Acadian Asset Mgmt Ltd Liability Corp last reported 0.02% of its portfolio in the stock. The New York-based Goldman Sachs Group Inc Inc has invested 0% in Five Star Quality Care, Inc. (NASDAQ:FVE). Blackrock last reported 34,368 shares in the company. Northern Trust has 0% invested in the company for 85,853 shares. Blackrock Investment Limited Liability holds 0% of its portfolio in Five Star Quality Care, Inc. (NASDAQ:FVE) for 7,647 shares. Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 0% or 23,995 shares. Parametric Associates Lc last reported 148,910 shares in the company.

More notable recent Five Star Quality Care, Inc. (NASDAQ:FVE) news were published by: Quotes.Wsj.com which released: “News Five Star Quality Care Inc.FVE” on February 11, 2011, also Businesswire.com with their article: “Five Star Quality Care, Inc. Announces Second Quarter 2016 Results” published on August 04, 2016, Businesswire.com published: “Five Star Quality Care, Inc. Appoints Richard A. Doyle, Jr. as Chief Financial …” on December 15, 2015. More interesting news about Five Star Quality Care, Inc. (NASDAQ:FVE) were released by: Businesswire.com and their article: “Five Star Quality Care, Inc. Grants Certain Ownership Limitation Exemptions to …” published on October 03, 2016 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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