CenterBook Partners LP Sells 21,804 Shares of Sonida Senior Living, Inc. $SNDA

CenterBook Partners LP lowered its stake in shares of Sonida Senior Living, Inc. (NYSE:SNDA) by 23.1% in the third quarter, HoldingsChannel.com reports. The firm owned 72,637 shares of the company’s stock after selling 21,804 shares during the period. CenterBook Partners LP’s holdings in Sonida Senior Living were worth $2,730,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in SNDA. Conversant Capital LLC raised its position in Sonida Senior Living by 57.7% in the first quarter. Conversant Capital LLC now owns 14,605,874 shares of the company’s stock valued at $471,039,000 after purchasing an additional 5,341,221 shares during the period. BlackRock Inc. purchased a new position in shares of Sonida Senior Living during the second quarter worth $90,515,000. Irenic Capital Management LP grew its stake in shares of Sonida Senior Living by 1,049.3% in the first quarter. Irenic Capital Management LP now owns 1,219,747 shares of the company’s stock valued at $39,337,000 after buying an additional 1,113,622 shares in the last quarter. J. Goldman & Co LP acquired a new stake in shares of Sonida Senior Living in the second quarter valued at $16,321,000. Finally, Adelante Capital Management LLC raised its holdings in shares of Sonida Senior Living by 75.5% in the 2nd quarter. Adelante Capital Management LLC now owns 544,072 shares of the company’s stock valued at $15,637,000 after buying an additional 234,109 shares during the period. Hedge funds and other institutional investors own 87.55% of the company’s stock.

Key Stories Impacting Sonida Senior Living

Here are the key news stories impacting Sonida Senior Living this week:

• Positive Sentiment: Management said third-quarter occupancy growth drove margin expansion and higher net operating income. The quarterly loss was also narrower than a year earlier, although it missed analyst expectations. Sonida Senior Living Announces Third Quarter 2026 Results
• Positive Sentiment: Sonida outlined plans to deploy about $250 million in acquisition capital in 2026 while integrating CHP, signaling a growth strategy that could expand its portfolio. Execution and integration remain important considerations. Sonida acquisition capital plan
• Neutral Sentiment: Citizens JMP lowered its price target from $50 to $45 but maintained a “market outperform” rating. The revised target still implies potential upside from the referenced share price. Citizens JMP rating and price target
• Negative Sentiment: Third-quarter adjusted results disappointed: Sonida reported a loss of $0.72 per share versus the consensus estimate of a $0.52 loss. Reports also said revenue trailed estimates, despite year-over-year sales growth. The earnings shortfall is the clearest near-term negative for the shares. Sonida Senior Living Q3 Loss Widens

Wall Street Analysts Forecast Growth

SNDA has been the topic of several research reports. Weiss Ratings reissued a “sell (d)” rating on shares of Sonida Senior Living in a research note on Tuesday, October 27th. Zacks Research downgraded Sonida Senior Living from a “hold” rating to a “strong sell” rating in a research report on Monday, October 12th. Citigroup started coverage on Sonida Senior Living in a research report on Monday, July 27th. They issued a “market outperform” rating for the company. Compass Point initiated coverage on shares of Sonida Senior Living in a research note on Tuesday, August 11th. They set a “buy” rating and a $65.00 price target on the stock. Finally, Wall Street Zen raised shares of Sonida Senior Living from a “sell” rating to a “hold” rating in a research report on Saturday, August 1st. Six research analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $48.67.

Insider Buying and Selling at Sonida Senior Living

In other Sonida Senior Living news, Director Benjamin P. Harris sold 6,269 shares of the stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $39.79, for a total value of $249,443.51. Following the sale, the director owned 10,037 shares of the company’s stock, valued at $399,372.23. This trade represents a 38.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Michael Simanovsky sold 115,000 shares of the stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $40.71, for a total value of $4,681,650.00. Following the completion of the sale, the director directly owned 254,447 shares in the company, valued at $10,358,537.37. This represents a 31.13% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 275,343 shares of company stock valued at $10,895,485 over the last three months. 39.30% of the stock is currently owned by insiders.

Sonida Senior Living Stock Performance

NYSE:SNDA opened at $32.80 on Friday. Sonida Senior Living, Inc. has a 52 week low of $29.66 and a 52 week high of $44.38. The company has a fifty day simple moving average of $36.59 and a two-hundred day simple moving average of $37.20. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 1.80. The company has a market cap of $1.58 billion, a price-to-earnings ratio of -6.13 and a beta of 0.88.

Sonida Senior Living (NYSE:SNDA) last announced its quarterly earnings data on Thursday, November 5th. The company reported ($0.72) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.52) by ($0.20). The company had revenue of $210.19 million during the quarter. Sonida Senior Living had a negative net margin of 20.34% and a negative return on equity of 20.20%. As a group, equities analysts anticipate that Sonida Senior Living, Inc. will post -3.21 earnings per share for the current fiscal year.

Sonida Senior Living Profile

Sonida Senior Living Corporation (NYSE: SNDA) is a senior housing company that owns, operates and manages communities serving older adults in the United States. Its properties are designed to provide residential services and support for seniors with varying care needs.

The company offers independent living, assisted living and memory care services. Its communities generally provide housing, dining, housekeeping, transportation, wellness programs, social activities and personal care assistance, with memory care programs tailored to residents living with Alzheimer’s disease and other forms of dementia.

Sonida Senior Living was formerly known as Capital Senior Living Corporation and adopted its current name in 2024.