Dimensional Fund Advisors LP Purchases New Stake in Sonida Senior Living, Inc. $SNDA

Key Points

• Dimensional Fund Advisors acquired 61,942 Sonida Senior Living shares worth approximately $2.0 million, giving it a 0.13% stake. Institutional investors collectively own 87.55% of the company.
• Sonida reported a quarterly loss of $0.52 per share, missing the $0.09 consensus estimate, on revenue of $207.65 million. Analysts expect a full-year loss of $1.72 per share.
• Analyst sentiment is generally positive, with five Buy ratings, two Holds and one Sell; the stock carries a “Moderate Buy” consensus and an average price target of $47.50 versus its recent price of $39.18.

Dimensional Fund Advisors LP acquired a new position in shares of Sonida Senior Living, Inc. (NYSE:SNDA - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 61,942 shares of the company's stock, valued at approximately $1,998,000. Dimensional Fund Advisors LP owned about 0.13% of Sonida Senior Living at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Capital Advisors Ltd. LLC acquired a new position in shares of Sonida Senior Living in the 1st quarter valued at about $45,000. Main Street Group LTD acquired a new position in Sonida Senior Living in the first quarter valued at approximately $50,000. First Pacific Financial bought a new position in shares of Sonida Senior Living during the first quarter valued at approximately $56,000. Darwin Wealth Management LLC bought a new position in shares of Sonida Senior Living during the first quarter valued at approximately $63,000. Finally, NFSG Corp bought a new stake in shares of Sonida Senior Living in the 1st quarter worth approximately $68,000. Institutional investors own 87.55% of the company's stock.

Sonida Senior Living Price Performance

Shares of SNDA opened at $39.18 on Friday. The stock has a 50-day moving average price of $39.10. The firm has a market capitalization of $1.88 billion, a PE ratio of -6.33 and a beta of 0.80. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.44 and a current ratio of 0.44. Sonida Senior Living, Inc. has a one year low of $24.65 and a one year high of $44.38.

Sonida Senior Living (NYSE:SNDA - Get Free Report) last posted its quarterly earnings results on Monday, August 10th. The company reported ($0.52) earnings per share for the quarter, missing the consensus estimate of ($0.09) by ($0.43). Sonida Senior Living had a negative net margin of 23.27% and a negative return on equity of 37.00%. The business had revenue of $207.65 million for the quarter. During the same quarter last year, the firm earned ($0.16) earnings per share. Analysts anticipate that Sonida Senior Living, Inc. will post -1.72 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Weiss Ratings raised Sonida Senior Living from a "sell (d-)" rating to a "sell (d)" rating in a research report on Wednesday, July 29th. Compass Point assumed coverage on shares of Sonida Senior Living in a research report on Tuesday. They set a "buy" rating and a $65.00 price target for the company. Citigroup assumed coverage on shares of Sonida Senior Living in a research report on Monday, July 27th. They issued a "market outperform" rating on the stock. Citizens Jmp initiated coverage on shares of Sonida Senior Living in a research report on Monday, July 27th. They issued an "outperform" rating and a $50.00 target price for the company. Finally, Cantor Fitzgerald raised their price target on shares of Sonida Senior Living from $42.00 to $47.00 and gave the company an "overweight" rating in a research note on Tuesday. Five research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $47.50.

Sonida Senior Living Company Profile

Sonida Senior Living NYSE: SNDA is a publicly traded company that owns and operates senior living communities in the United States. The company’s core business centers on providing housing and care services for older adults, with an emphasis on assisted living, memory care and related supportive services tailored to residents’ needs.

Sonida’s communities combine residential accommodations with on-site services such as personal care assistance, medication management, dining programs, social and recreational activities, and clinical oversight.

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