Stock Worth Mentioning: Skilled Healthcare Group Inc (NYSE:GEN) Institutional Investors Sentiment Index Up in Q2 2016

November 23, 2016 - By Richard Conner   ·   0 Comments

Stock Worth Mentioning: Skilled Healthcare Group Inc (NYSE:GEN) Institutional Investors Sentiment Index  Up in  Q2 2016

Sentiment for Skilled Healthcare Group Inc (NYSE:GEN)

Skilled Healthcare Group Inc (NYSE:GEN) institutional sentiment increased to 1.5 in Q2 2016. Its up 0.94, from 0.56 in 2016Q1. The ratio is better, as 22 active investment managers increased or opened new holdings, while 39 cut down and sold equity positions in Skilled Healthcare Group Inc. The active investment managers in our partner’s database now possess: 12.43 million shares, down from 18.74 million shares in 2016Q1. Also, the number of active investment managers holding Skilled Healthcare Group Inc in their top 10 holdings was flat from 1 to 1 for the same number . Sold All: 16 Reduced: 23 Increased: 16 New Position: 6.

Genesis Healthcare, Inc., formerly Skilled Healthcare Group, Inc., is a holding firm that provides post-acute care. The company has a market cap of $504.31 million. The Firm operates through three divisions: inpatient services, which includes the operation of skilled nursing facilities and assisted or senior living facilities; rehabilitation therapy services, which includes its integrated and third-party rehabilitation and respiratory therapy services, and all other services, including physician services and other healthcare related services. It currently has negative earnings. It offers inpatient services through its network of over 500 skilled nursing and assisted/senior living facilities in 34 states, consisting of over 475 skilled nursing facilities and over 35 stand-alone assisted/senior living facilities.

The stock decreased 0.59% or $0.02 during the last trading session, hitting $3.36. Genesis Healthcare Inc (NYSE:GEN) has risen 30.23% since April 21, 2016 and is uptrending. It has outperformed by 24.90% the S&P500.

According to Zacks Investment Research, “Genesis Healthcare, Inc. provides long-term care, assisted/senior living and rehabilitation therapy. Genesis Healthcare, Inc., formerly known as Skilled Healthcare Group, Inc., is based in Kennett Square, Pennsylvania.”

Genesis Healthcare Inc (NYSE:GEN) Ratings Coverage

Ratings analysis reveals 0 of Genesis Healthcare’s analysts are positive. Out of 4 Wall Street analysts rating Genesis Healthcare, 0 give it “Buy”, 2 “Sell” rating, while 2 recommend “Hold”. The lowest target is $1.50 while the high is $10.0. The stock’s average target of $2.58 is -23.21% below today’s ($3.36) share price. GEN was included in 9 notes of analysts from August 10, 2015. The firm earned “Underperform” rating on Monday, May 16 by Bank of America. The firm has “Outperform” rating by RBC Capital Markets given on Monday, May 16. Bank of America downgraded Genesis Healthcare Inc (NYSE:GEN) on Tuesday, January 26 to “Neutral” rating. The firm has “Outperform” rating given on Tuesday, January 26 by RBC Capital Markets. RBC Capital Markets downgraded the stock to “Sector Perform” rating in Monday, November 21 report. The stock of Genesis Healthcare Inc (NYSE:GEN) has “Neutral” rating given on Tuesday, January 26 by Susquehanna. The firm has “Neutral” rating by UBS given on Monday, November 9. The rating was downgraded by UBS to “Sell” on Monday, February 8. The firm has “Sector Perform” rating given on Monday, August 10 by RBC Capital Markets.

GEN Company Profile

Genesis Healthcare, Inc., formerly Skilled Healthcare Group, Inc., incorporated on October 21, 2005, is a holding firm that provides post-acute care. The Firm operates through three divisions: inpatient services, which includes the operation of skilled nursing facilities and assisted or senior living facilities; rehabilitation therapy services, which includes its integrated and third-party rehabilitation and respiratory therapy services, and all other services. It offers inpatient services through its network of over 500 skilled nursing and assisted/senior living facilities in 34 states, consisting of over 475 skilled nursing facilities and over 35 stand-alone assisted/senior living facilities. The Company’s skilled nursing and assisted/senior living facilities have over 61,000 licensed beds, with its states of operation in California, Maryland, Massachusetts, New Jersey, and Pennsylvania. The Company’s services focus primarily on the medical and physical issues facing elderly patients and are provided by its skilled nursing companies, assisted or senior living communities, integrated and third-party rehabilitation therapy business, and other ancillary services.

More notable recent Genesis Healthcare Inc (NYSE:GEN) news were published by: Philly.com which released: “Genesis Healthcare in $52.7M settlement with U.S.” on August 01, 2016, also Philly.com with their article: “Genesis Healthcare’s biggest landlord sells 92 nursing homes for $1.7B” published on November 02, 2016, Prnewswire.com published: “Genesis HealthCare Makes Significant Headway In Capital Strengthening Initiatives” on August 01, 2016. More interesting news about Genesis Healthcare Inc (NYSE:GEN) were released by: Philly.com and their article: “Genesis HealthCare explains business plan amid losses” published on February 23, 2016 as well as Prnewswire.com‘s news article titled: “Genesis Healthcare Announces Preliminary 2016 Growth Outlook And Adjusts 2015 …” with publication date: January 25, 2016.

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By Richard Conner


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