Shares of Five Star Quality Care Inc. (NYSE:FVE) dropped 2.7% during trading on Friday . The company traded as low as $2.50 and last traded at $2.52, with a volume of 164,707 shares traded. The stock had previously closed at $2.59.

Separately, Zacks Investment Research raised shares of Five Star Quality Care from a “hold” rating to a “buy” rating and set a $2.75 target price for the company in a research note on Monday, July 4th.

The company has a 50 day moving average price of $2.09 and a 200-day moving average price of $2.33. The company’s market capitalization is $124.17 million.

Five Star Quality Care (NYSE:FVE) last released its earnings results on Wednesday, May 4th. The company reported ($0.05) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.02) by $0.03. The firm had revenue of $344.20 million for the quarter, compared to the consensus estimate of $346.61 million. Equities analysts forecast that Five Star Quality Care Inc. will post ($0.18) EPS for the current fiscal year.

Other hedge funds have recently added to or reduced their stakes in the company. GSA Capital Partners LLP boosted its stake in 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 during the period. Phoenix Investment Adviser LLC increased its position in shares of Five Star Quality Care by 52.8% in the fourth quarter. Phoenix Investment Adviser LLC now owns 411,790 shares of the company’s stock worth $1,309,000 after buying an additional 142,226 shares in the last quarter. Finally, Wells Fargo & Company MN increased its position in shares of Five Star Quality Care by 13.7% in the fourth quarter. Wells Fargo & Company MN now owns 346,495 shares of the company’s stock worth $1,102,000 after buying an additional 41,681 shares in the last quarter.

Five Star Quality Care, Inc (Five Star) operates senior living communities, including independent living communities, assisted living communities and skilled nursing facilities (SNFs). As of December 31, 2014, the Company operated 258 senior living communities located in 31 states containing 30,379 living units, including 227 primarily independent and assisted living communities with 27,557 living units and 31 SNFs with 2,822 living units.

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