17,854 Shares in Sonida Senior Living, Inc. $SNDA Purchased by Militia Capital Management LLC

Militia Capital Management LLC purchased a new stake in shares of Sonida Senior Living, Inc. (NYSE:SNDA) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 17,854 shares of the company’s stock, valued at approximately $576,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Brookstone Capital Management purchased a new stake in Sonida Senior Living in the 1st quarter worth approximately $258,000. Capital Advisors Ltd. LLC purchased a new position in shares of Sonida Senior Living during the first quarter valued at approximately $45,000. Ocean Park Asset Management LLC purchased a new position in shares of Sonida Senior Living during the first quarter valued at approximately $337,000. RFG Advisory LLC bought a new position in shares of Sonida Senior Living during the first quarter valued at approximately $279,000. Finally, Ritholtz Wealth Management bought a new position in shares of Sonida Senior Living during the first quarter valued at approximately $545,000. Institutional investors own 87.55% of the company’s stock.

Insider Activity at Sonida Senior Living

In other news, Director Benjamin P. Harris sold 2,500 shares of the business’s stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $37.46, for a total transaction of $93,650.00. Following the sale, the director owned 9,182 shares in the company, valued at approximately $343,957.72. The trade was a 21.40% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 39.30% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently weighed in on SNDA shares. Robert W. Baird lifted their price target on shares of Sonida Senior Living from $35.00 to $37.00 and gave the company a “neutral” rating in a report on Friday, April 24th. Cantor Fitzgerald upped their price objective on shares of Sonida Senior Living from $36.00 to $42.00 and gave the stock an “overweight” rating in a report on Wednesday, May 13th. Morgan Stanley raised their target price on shares of Sonida Senior Living from $31.00 to $38.00 and gave the stock an “equal weight” rating in a research report on Friday, May 29th. Royal Bank Of Canada lifted their target price on shares of Sonida Senior Living from $45.00 to $48.00 and gave the company an “outperform” rating in a research note on Monday, June 29th. Finally, Weiss Ratings lowered shares of Sonida Senior Living from a “sell (d)” rating to a “sell (d-)” rating in a research note on Tuesday, July 14th. Two equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Sonida Senior Living has a consensus rating of “Hold” and a consensus price target of $41.25.

Sonida Senior Living Stock Up 0.2%

SNDA opened at $40.09 on Friday. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 1.58. Sonida Senior Living, Inc. has a 52 week low of $23.78 and a 52 week high of $42.79. The stock has a market cap of $1.90 billion, a PE ratio of -6.88 and a beta of 0.75. The company has a 50 day moving average price of $37.73.

Sonida Senior Living (NYSE:SNDA) last issued its quarterly earnings results on Monday, May 11th. The company reported ($2.39) earnings per share for the quarter, missing the consensus estimate of ($1.67) by ($0.72). The firm had revenue of $122.63 million during the quarter. Sonida Senior Living had a negative return on equity of 36.98% and a negative net margin of 24.15%. Equities analysts anticipate that Sonida Senior Living, Inc. will post -1.72 EPS for the current year.

About Sonida Senior Living

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.