Civitas Solutions Inc. (NYSE:CIVI) has been assigned an average rating of “Buy” from the eight research firms that are currently covering the company. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and five have issued a buy rating on the company. The average 1-year price objective among brokers that have covered the stock in the last year is $30.00.

Several research analysts recently issued reports on the company. Raymond James Financial Inc. downgraded Civitas Solutions from an “outperform” rating to a “market perform” rating in a research report on Thursday, August 11th. Citigroup Inc. downgraded Civitas Solutions to a “market perform” rating in a research report on Thursday, August 11th. Finally, Zacks Investment Research downgraded Civitas Solutions from a “hold” rating to a “sell” rating in a research report on Friday.

Civitas Solutions (NYSE:CIVI) opened at 19.55 on Tuesday. Civitas Solutions has a 52-week low of $15.19 and a 52-week high of $30.23. The stock has a market capitalization of $725.91 million, a price-to-earnings ratio of 67.18 and a beta of 0.50. The stock’s 50 day moving average price is $17.96 and its 200 day moving average price is $19.66.

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Ameriprise Financial Inc. increased its position in shares of Civitas Solutions by 22.2% in the second quarter. Ameriprise Financial Inc. now owns 88,987 shares of the company’s stock valued at $1,854,000 after buying an additional 16,180 shares during the period. Royce & Associates LP increased its stake 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 stake in Civitas Solutions during the second quarter worth approximately $302,000. GSA Capital Partners LLP increased its stake 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 increased its stake 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 own 93.51% of the company’s stock.

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.

5 Day Chart for NYSE:CIVI

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