Bank of America Corp DE cut its position in Capital Senior Living Co. (NYSE:CSU) by 6.3% during the first quarter, Holdings Channel reports. The firm owned 162,584 shares of the company’s stock after selling 10,916 shares during the period. Bank of America Corp DE’s holdings in Capital Senior Living were worth $2,286,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of CSU. State Street Corp increased its position in Capital Senior Living by 7.6% in the fourth quarter. State Street Corp now owns 588,250 shares of the company’s stock worth $9,441,000 after buying an additional 41,795 shares during the period. Northpointe Capital LLC increased its position in shares of Capital Senior Living 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 last quarter. Russell Investments Group Ltd. increased its position in shares of Capital Senior Living by 16.2% in the first quarter. Russell Investments Group Ltd. now owns 343,190 shares of the company’s stock valued at $4,826,000 after buying an additional 47,851 shares during the last quarter. Wells Fargo & Company MN increased its position in shares of Capital Senior Living by 29.4% in the first quarter. Wells Fargo & Company MN now owns 76,506 shares of the company’s stock valued at $1,076,000 after buying an additional 17,369 shares during the last quarter. Finally, Sei Investments Co. increased its position in shares of Capital Senior Living by 24.4% in the first quarter. Sei Investments Co. now owns 8,428 shares of the company’s stock valued at $118,000 after buying an additional 1,654 shares during the last quarter. Institutional investors and hedge funds own 98.88% of the company’s stock.

Capital Senior Living Co. (NYSE:CSU) traded down 0.50% during midday trading on Friday, hitting $12.06. The company had a trading volume of 124,086 shares. Capital Senior Living Co. has a 52 week low of $11.78 and a 52 week high of $17.92. The stock has a 50 day moving average price of $14.39 and a 200-day moving average price of $14.76. The stock’s market capitalization is $355.77 million.

Capital Senior Living (NYSE:CSU) last announced its earnings results on Tuesday, August 1st. The company reported ($0.08) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.16) by $0.08. Capital Senior Living had a negative return on equity of 33.41% and a negative net margin of 6.71%. The company had revenue of $116.70 million for the quarter, compared to analyst estimates of $117.22 million. During the same period in the prior year, the company posted ($0.15) EPS. The firm’s quarterly revenue was up 5.1% compared to the same quarter last year. On average, equities analysts predict that Capital Senior Living Co. will post ($1.58) EPS for the current year.

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CSU has been the subject of several analyst reports. Zacks Investment Research upgraded Capital Senior Living from a “hold” rating to a “strong-buy” rating and set a $16.00 price target for the company in a report on Friday, May 5th. BidaskClub downgraded Capital Senior Living from a “hold” rating to a “sell” rating in a report on Wednesday, July 19th. Finally, Stifel Nicolaus raised their price target on Capital Senior Living from $13.00 to $15.00 and gave the company a “hold” rating in a report on Wednesday, August 2nd. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company. Capital Senior Living presently has a consensus rating of “Hold” and an average price target of $17.33.

In related news, VP Joseph G. Solari sold 3,000 shares of the company’s stock in a transaction dated Wednesday, June 21st. The stock was sold at an average price of $15.97, for a total transaction of $47,910.00. Following the transaction, the vice president now directly owns 43,364 shares of the company’s stock, valued at approximately $692,523.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 7.10% of the company’s stock.

About Capital Senior Living

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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Institutional Ownership by Quarter for Capital Senior Living (NYSE:CSU)

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