Capital Senior Living Corporation (NYSE:CSU)‘s stock had its “hold” rating reaffirmed by investment analysts at Stifel Nicolaus in a research report issued on Tuesday, August 8th. They presently have a $15.00 price objective on the stock, up from their previous price objective of $13.00. Stifel Nicolaus’ price objective suggests a potential upside of 26.58% from the stock’s previous close.
Several other equities research analysts also recently weighed in on the stock. Zacks Investment Research downgraded shares of Capital Senior Living Corporation from a “hold” rating to a “sell” rating in a research report on Friday, August 4th. BidaskClub downgraded shares of Capital Senior Living Corporation from a “sell” rating to a “strong sell” rating in a research report on Tuesday, August 1st. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $17.33.
Capital Senior Living Corporation (CSU) traded up 0.17% during trading on Tuesday, reaching $11.85. 452,393 shares of the company’s stock traded hands. The stock has a 50-day moving average price of $13.78 and a 200 day moving average price of $14.54. The stock’s market capitalization is $349.58 million. Capital Senior Living Corporation has a 1-year low of $11.74 and a 1-year high of $17.92.
Capital Senior Living Corporation (NYSE:CSU) last released its earnings results on Tuesday, August 1st. The company reported ($0.08) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.16) by $0.08. The company had revenue of $116.70 million during the quarter, compared to the consensus estimate of $117.22 million. Capital Senior Living Corporation had a negative net margin of 10.28% and a negative return on equity of 6.73%. The company’s revenue was up 5.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.15) EPS. Equities research analysts expect that Capital Senior Living Corporation will post ($1.58) earnings per share for the current year.
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In other news, VP Joseph G. Solari sold 3,000 shares of Capital Senior Living Corporation stock in a transaction dated Wednesday, June 21st. The shares were sold at an average price of $15.97, for a total value of $47,910.00. Following the completion of the transaction, the vice president now directly owns 43,364 shares of the company’s stock, valued at approximately $692,523.08. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 7.10% of the company’s stock.
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. First Manhattan Co. raised its position in Capital Senior Living Corporation by 5.1% in the second quarter. First Manhattan Co. now owns 2,608,460 shares of the company’s stock valued at $39,674,000 after buying an additional 127,475 shares during the period. Dimensional Fund Advisors LP raised its position in Capital Senior Living Corporation by 13.8% in the second quarter. Dimensional Fund Advisors LP now owns 1,637,160 shares of the company’s stock valued at $24,901,000 after buying an additional 199,118 shares during the period. Vanguard Group Inc. raised its position in Capital Senior Living Corporation by 4.7% in the second quarter. Vanguard Group Inc. now owns 1,327,922 shares of the company’s stock valued at $20,197,000 after buying an additional 59,020 shares during the period. Mountain Lake Investment Management LLC raised its position in Capital Senior Living Corporation by 0.4% in the second quarter. Mountain Lake Investment Management LLC now owns 1,205,000 shares of the company’s stock valued at $18,328,000 after buying an additional 5,000 shares during the period. Finally, Northpointe Capital LLC raised its position in Capital Senior Living Corporation by 2.4% in the first quarter. Northpointe Capital LLC now owns 1,079,130 shares of the company’s stock valued at $15,173,000 after buying an additional 24,886 shares during the period. 97.49% of the stock is owned by institutional investors and hedge funds.
About Capital Senior Living Corporation
Capital Senior Living Corporation is an operator of senior housing communities in the United States. The Company provides senior living services to the elderly, including independent living and assisted living services, and provides home care services at one of its communities. Its continuum of care integrates independent living and assisted living and is bridged by home care through independent home care agencies or its home care agency, sustains residents’ autonomy and independence based on their physical and mental abilities.
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