Stifel Nicolaus Reaffirms Hold Rating for Capital Senior Living Co. (NYSE:CSU)
Stifel Nicolaus restated their hold rating on shares of Capital Senior Living Co. (NYSE:CSU) in a research note released on Tuesday. Stifel Nicolaus currently has a $15.00 price objective on the stock, up from their prior price objective of $13.00.
A number of other research firms have also recently commented on CSU. Zacks Investment Research cut Capital Senior Living from a buy rating to a hold rating in a research note on Wednesday, July 19th. BidaskClub cut Capital Senior Living from a sell rating to a strong sell rating in a research note on Tuesday, August 1st. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus target price of $17.33.
Capital Senior Living (NYSE CSU) traded up 0.25% during mid-day trading on Tuesday, reaching $12.15. The company had a trading volume of 282,724 shares. Capital Senior Living has a one year low of $11.78 and a one year high of $17.92. The company’s 50-day moving average is $14.39 and its 200-day moving average is $14.76. The stock’s market capitalization is $358.43 million.
Capital Senior Living (NYSE:CSU) last posted its earnings results on Tuesday, August 1st. The company reported ($0.08) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.16) by $0.08. The firm had revenue of $116.70 million for the quarter, compared to the consensus estimate of $117.22 million. Capital Senior Living had a negative return on equity of 33.41% and a negative net margin of 6.71%. The business’s quarterly revenue was up 5.1% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.15) earnings per share. Equities research analysts anticipate that Capital Senior Living will post ($1.58) earnings per share for the current year.
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In related news, VP Joseph G. Solari sold 3,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 21st. The shares were sold at an average price of $15.97, for a total value of $47,910.00. Following the completion of the transaction, the vice president now directly owns 43,364 shares in the company, valued at approximately $692,523.08. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 7.10% of the stock is owned by insiders.
A number of large investors have recently bought and sold shares of CSU. Teachers Advisors LLC increased its stake in shares of Capital Senior Living by 6.3% in the first quarter. Teachers Advisors LLC now owns 89,217 shares of the company’s stock worth $1,254,000 after buying an additional 5,275 shares during the last quarter. KRV Capital LP purchased a new position in Capital Senior Living during the first quarter worth $2,840,000. OppenheimerFunds Inc. boosted its position in Capital Senior Living by 2.5% in the first quarter. OppenheimerFunds Inc. now owns 23,152 shares of the company’s stock worth $326,000 after buying an additional 555 shares during the period. Schafer Cullen Capital Management Inc. purchased a new position in Capital Senior Living during the first quarter worth $358,000. Finally, American International Group Inc. boosted its position in Capital Senior Living by 7.0% in the first quarter. American International Group Inc. now owns 17,313 shares of the company’s stock worth $243,000 after buying an additional 1,135 shares during the period. 98.88% of the stock is owned by institutional investors and hedge funds.
Capital Senior Living Company Profile
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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