BlackRock Inc. raised its position in Capital Senior Living Co. (NYSE:CSU) by 5.4% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 2,365,854 shares of the company’s stock after purchasing an additional 122,133 shares during the period. BlackRock Inc. owned 7.56% of Capital Senior Living worth $16,089,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. FNY Investment Advisers LLC acquired a new position in shares of Capital Senior Living in the 4th quarter worth approximately $45,000. Virtu Financial LLC acquired a new position in shares of Capital Senior Living in the 4th quarter worth approximately $76,000. Rhumbline Advisers lifted its position in shares of Capital Senior Living by 45.4% in the 4th quarter. Rhumbline Advisers now owns 34,303 shares of the company’s stock worth $233,000 after purchasing an additional 10,716 shares during the period. Wells Fargo & Company MN lifted its position in shares of Capital Senior Living by 12.9% in the 3rd quarter. Wells Fargo & Company MN now owns 48,381 shares of the company’s stock worth $457,000 after purchasing an additional 5,527 shares during the period. Finally, California Public Employees Retirement System lifted its position in shares of Capital Senior Living by 8.9% in the 4th quarter. California Public Employees Retirement System now owns 98,609 shares of the company’s stock worth $671,000 after purchasing an additional 8,057 shares during the period. Hedge funds and other institutional investors own 80.32% of the company’s stock.
CSU has been the topic of a number of recent analyst reports. Zacks Investment Research upgraded shares of Capital Senior Living from a “hold” rating to a “buy” rating and set a $8.50 price target on the stock in a research report on Monday, January 14th. JMP Securities reiterated an “outperform” rating on shares of Capital Senior Living in a research report on Monday, December 31st. ValuEngine downgraded shares of Capital Senior Living from a “strong-buy” rating to a “buy” rating in a research report on Thursday, December 27th. Bank of America downgraded shares of Capital Senior Living from a “neutral” rating to an “underperform” rating and set a $5.00 target price on the stock. in a research report on Thursday, February 28th. Finally, Barclays reiterated an “average” rating on shares of Capital Senior Living in a research report on Monday, February 18th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $7.88.
Capital Senior Living stock opened at $3.95 on Wednesday. The company has a debt-to-equity ratio of 28.50, a quick ratio of 0.86 and a current ratio of 0.86. Capital Senior Living Co. has a 12-month low of $3.82 and a 12-month high of $11.93. The firm has a market cap of $126.36 million, a P/E ratio of -4.70 and a beta of 0.88.
Capital Senior Living (NYSE:CSU) last released its earnings results on Thursday, February 28th. The company reported ($0.29) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.27) by ($0.02). Capital Senior Living had a negative net margin of 11.65% and a negative return on equity of 41.63%. The company had revenue of $115.10 million for the quarter, compared to analyst estimates of $116.83 million. On average, equities research analysts expect that Capital Senior Living Co. will post -1.32 EPS for the current fiscal year.
In other Capital Senior Living news, Director Ross B. Levin purchased 6,826 shares of the firm’s stock in a transaction on Thursday, March 7th. The stock was acquired at an average price of $3.84 per share, for a total transaction of $26,211.84. Following the purchase, the director now owns 26,981 shares of the company’s stock, valued at approximately $103,607.04. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director E. Rodney Hornbake purchased 10,400 shares of the firm’s stock in a transaction on Tuesday, March 12th. The shares were acquired at an average price of $4.82 per share, with a total value of $50,128.00. Following the purchase, the director now directly owns 47,225 shares in the company, valued at approximately $227,624.50. The disclosure for this purchase can be found here. Insiders have purchased a total of 29,426 shares of company stock worth $125,806 in the last quarter. 21.40% of the stock is owned by corporate insiders.
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About Capital Senior Living
Capital Senior Living Corporation owns, operates, develops, and manages senior housing communities in the United States. The company provides senior living services to the elderly, including independent and assisted living, and home care services. Its independent living services comprise daily meals, transportation, social and recreational activities, laundry, housekeeping, and 24-hour staffing; and access to health screenings, periodic special services, and dietary and similar programs, as well as ongoing exercise and fitness classes.
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