Civitas Solutions Inc. (CIVI) Position Maintained by Polar Capital LLP
Polar Capital LLP held its stake in shares of Civitas Solutions Inc. (NYSE:CIVI) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 875,000 shares of the company’s stock at the end of the second quarter. Polar Capital LLP owned approximately 2.36% of Civitas Solutions worth $18,227,000 at the end of the most recent quarter.
Several other large investors also recently modified their holdings of CIVI. Ameriprise Financial Inc. raised its position in Civitas Solutions by 22.2% in the second quarter. Ameriprise Financial Inc. now owns 88,987 shares of the company’s stock worth $1,854,000 after buying an additional 16,180 shares during the last quarter. Royce & Associates LP raised its position in Civitas Solutions by 11.4% in the second quarter. Royce & Associates LP now owns 29,189 shares of the company’s stock worth $608,000 after buying an additional 2,989 shares during the last quarter. First Trust Advisors LP purchased a new position in Civitas Solutions during the second quarter worth about $302,000. GSA Capital Partners LLP raised its position in Civitas Solutions by 79.3% in the second quarter. GSA Capital Partners LLP now owns 26,200 shares of the company’s stock worth $546,000 after buying an additional 11,586 shares during the last quarter. Finally, Mutual of America Capital Management LLC raised its position in Civitas Solutions by 18.8% in the second quarter. Mutual of America Capital Management LLC now owns 64,471 shares of the company’s stock worth $1,343,000 after buying an additional 10,196 shares during the last quarter. Institutional investors and hedge funds own 94.31% of the company’s stock.
Civitas Solutions Inc. (NYSE:CIVI) traded up 6.43% during trading on Friday, reaching $19.85. The company’s stock had a trading volume of 64,283 shares. Civitas Solutions Inc. has a 52 week low of $15.19 and a 52 week high of $30.23. The firm has a market cap of $737.05 million, a P/E ratio of 68.21 and a beta of 0.50. The stock’s 50 day moving average is $17.96 and its 200-day moving average is $19.66.
CIVI has been the topic of a number of research analyst reports. Citigroup Inc. lowered Civitas Solutions to a “market perform” rating in a report on Thursday, August 11th. Zacks Investment Research lowered Civitas Solutions from a “hold” rating to a “sell” rating in a report on Thursday, August 11th. Finally, Raymond James Financial Inc. lowered Civitas Solutions from an “outperform” rating to a “market perform” rating in a report on Thursday, August 11th. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Civitas Solutions has an average rating of “Buy” and an average price target of $28.14.
Civitas Solutions Company Profile
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’s clinicians and caregivers develop customized service plans, delivered in non-institutional settings, designed to address a range of often life-long conditions.
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