Capital Senior Living Co. (CSU) Holdings Reduced by Continental Advisors LLC
Continental Advisors LLC lessened its stake in shares of Capital Senior Living Co. (NYSE:CSU) by 33.9% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 37,000 shares of the company’s stock after selling 19,000 shares during the quarter. Continental Advisors LLC owned about 0.12% of Capital Senior Living worth $464,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently bought and sold shares of CSU. Bronfman E.L. Rothschild L.P. raised its stake in Capital Senior Living by 12.7% in the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 7,889 shares of the company’s stock worth $120,000 after purchasing an additional 886 shares in the last quarter. Voya Investment Management LLC raised its stake in Capital Senior Living by 14.8% in the 2nd quarter. Voya Investment Management LLC now owns 14,764 shares of the company’s stock worth $225,000 after purchasing an additional 1,906 shares in the last quarter. Sei Investments Co. increased its holdings in Capital Senior Living by 40.8% in the 2nd quarter. Sei Investments Co. now owns 11,863 shares of the company’s stock valued at $180,000 after buying an additional 3,435 shares during the period. JPMorgan Chase & Co. increased its holdings in Capital Senior Living by 28.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 18,822 shares of the company’s stock valued at $286,000 after buying an additional 4,215 shares during the period. Finally, Mountain Lake Investment Management LLC increased its holdings in Capital Senior Living by 0.4% in the 2nd 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. Institutional investors own 97.84% of the company’s stock.
Several equities research analysts recently issued reports on CSU shares. Zacks Investment Research raised shares of Capital Senior Living from a “hold” rating to a “strong-buy” rating and set a $14.00 price target on the stock in a report on Thursday, October 26th. ValuEngine upgraded shares of Capital Senior Living from a “sell” rating to a “hold” rating in a research note on Thursday, November 2nd. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the stock. Capital Senior Living currently has an average rating of “Hold” and a consensus price target of $16.67.
In other Capital Senior Living news, CEO Lawrence A. Cohen sold 90,700 shares of the stock in a transaction dated Monday, November 20th. The stock was sold at an average price of $16.00, for a total value of $1,451,200.00. Following the completion of the sale, the chief executive officer now directly owns 924,145 shares in the company, valued at $14,786,320. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Lawrence A. Cohen sold 35,000 shares of the stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $16.03, for a total value of $561,050.00. Following the completion of the sale, the chief executive officer now owns 924,145 shares of the company’s stock, valued at $14,814,044.35. The disclosure for this sale can be found here. Insiders have sold a total of 134,210 shares of company stock worth $2,146,988 in the last three months. Corporate insiders own 19.78% of the company’s stock.
Shares of Capital Senior Living Co. (NYSE CSU) opened at $14.90 on Monday. Capital Senior Living Co. has a 52 week low of $11.60 and a 52 week high of $17.89. The company has a debt-to-equity ratio of 11.60, a current ratio of 0.64 and a quick ratio of 0.64.
Capital Senior Living (NYSE:CSU) last posted its quarterly earnings data on Wednesday, November 1st. The company reported ($0.07) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.19) by $0.12. The firm had revenue of $117.30 million for the quarter, compared to analysts’ expectations of $118.18 million. Capital Senior Living had a negative return on equity of 8.97% and a negative net margin of 10.37%. The business’s quarterly revenue was up 5.3% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.02) EPS. research analysts predict that Capital Senior Living Co. will post -0.29 EPS for the current fiscal year.
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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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