SunTrust Banks set a $21.00 price objective on Civitas Solutions (NYSE:CIVI) in a research note issued to investors on Thursday morning. The firm currently has a buy rating on the stock.

Other research analysts have also issued research reports about the company. Canaccord Genuity restated a buy rating and set a $27.00 target price on shares of Civitas Solutions in a research report on Wednesday, December 13th. Zacks Investment Research upgraded Civitas Solutions from a sell rating to a hold rating in a research report on Tuesday, October 10th. Finally, BidaskClub lowered Civitas Solutions from a hold rating to a sell rating in a research report on Thursday, October 12th. Two investment analysts have rated the stock with a sell rating and three have given a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus price target of $24.00.

Shares of Civitas Solutions (NYSE CIVI) traded down $0.25 during trading hours on Thursday, hitting $17.65. The company’s stock had a trading volume of 69,115 shares, compared to its average volume of 51,698. Civitas Solutions has a fifty-two week low of $15.40 and a fifty-two week high of $20.98. The stock has a market capitalization of $660.85, a price-to-earnings ratio of 103.82, a PEG ratio of 2.31 and a beta of 0.43. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 3.83.

In related news, CFO Denis M. Holler sold 4,600 shares of the business’s stock in a transaction that occurred on Tuesday, October 3rd. The stock was sold at an average price of $19.63, for a total value of $90,298.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Renzo Linda De sold 4,283 shares of the business’s stock in a transaction that occurred on Friday, October 27th. The shares were sold at an average price of $18.86, for a total value of $80,777.38. Following the completion of the sale, the insider now owns 169,098 shares of the company’s stock, valued at approximately $3,189,188.28. The disclosure for this sale can be found here. Insiders sold 44,322 shares of company stock valued at $856,612 in the last quarter. 5.30% of the stock is owned by company insiders.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Ameriprise Financial Inc. bought a new position in Civitas Solutions in the second quarter worth approximately $1,705,000. FMR LLC raised its stake in Civitas Solutions by 1.1% in the second quarter. FMR LLC now owns 5,596,978 shares of the company’s stock worth $97,947,000 after buying an additional 61,501 shares in the last quarter. Vanguard Group Inc. raised its stake in Civitas Solutions by 8.4% in the first quarter. Vanguard Group Inc. now owns 712,735 shares of the company’s stock worth $13,079,000 after buying an additional 55,328 shares in the last quarter. Northern Trust Corp raised its stake in Civitas Solutions by 19.2% in the second quarter. Northern Trust Corp now owns 243,499 shares of the company’s stock worth $4,261,000 after buying an additional 39,301 shares in the last quarter. Finally, Cadence Capital Management LLC bought a new position in Civitas Solutions in the second quarter worth approximately $646,000. Hedge funds and other institutional investors own 94.19% of the company’s stock.

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About Civitas Solutions

Civitas Solutions, Inc is a provider of home- and community-based health and human services to individuals with intellectual, developmental, physical or behavioral disabilities and other special needs. The Company operates through two segments: Human Services and Post-Acute Specialty Rehabilitation Services (SRS).

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