Wells Fargo & Company MN lessened its stake in shares of Capital Senior Living Corporation (NYSE:CSU) by 75.0% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,159 shares of the company’s stock after selling 57,347 shares during the period. Wells Fargo & Company MN owned approximately 0.06% of Capital Senior Living Corporation worth $291,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of CSU. Kennedy Capital Management Inc. increased its position in Capital Senior Living Corporation by 50.3% during the 2nd quarter. Kennedy Capital Management Inc. now owns 528,753 shares of the company’s stock valued at $8,042,000 after buying an additional 176,851 shares in the last quarter. Forward Management LLC bought a new position in Capital Senior Living Corporation during the 2nd quarter valued at approximately $2,153,000. First Manhattan Co. increased its position in Capital Senior Living Corporation by 5.1% during the 2nd quarter. First Manhattan Co. now owns 2,608,460 shares of the company’s stock valued at $39,674,000 after buying an additional 127,475 shares in the last quarter. Dimensional Fund Advisors LP increased its position in Capital Senior Living Corporation by 7.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,438,042 shares of the company’s stock valued at $20,219,000 after buying an additional 100,489 shares in the last quarter. Finally, Russell Investments Group Ltd. increased its position in Capital Senior Living Corporation by 27.8% during the 2nd quarter. Russell Investments Group Ltd. now owns 438,661 shares of the company’s stock valued at $6,672,000 after buying an additional 95,471 shares in the last quarter. 93.58% of the stock is owned by institutional investors.

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CSU has been the subject of a number of research analyst reports. Zacks Investment Research raised Capital Senior Living Corporation from a “hold” rating to a “strong-buy” rating and set a $14.00 target price for the company in a report on Thursday, October 26th. ValuEngine raised Capital Senior Living Corporation from a “sell” rating to a “hold” rating in a report on Thursday, November 2nd. Stifel Nicolaus reissued a “hold” rating and issued a $15.00 target price (up previously from $13.00) on shares of Capital Senior Living Corporation in a report on Tuesday, August 8th. Finally, BidaskClub lowered Capital Senior Living Corporation from a “sell” rating to a “strong sell” rating in a report 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 company’s stock. Capital Senior Living Corporation presently has a consensus rating of “Hold” and a consensus price target of $16.67.

In other news, Director E. Rodney Hornbake sold 6,000 shares of the firm’s stock in a transaction on Tuesday, November 14th. The stock was sold at an average price of $15.65, for a total value of $93,900.00. Following the transaction, the director now directly owns 25,599 shares in the company, valued at approximately $400,624.35. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 7.10% of the company’s stock.

Shares of Capital Senior Living Corporation (CSU) opened at $15.93 on Friday. Capital Senior Living Corporation has a fifty-two week low of $11.60 and a fifty-two week high of $17.89. The company has a debt-to-equity ratio of 11.60, a quick ratio of 0.64 and a current ratio of 0.64.

Capital Senior Living Corporation (NYSE:CSU) last released its quarterly earnings results on Wednesday, November 1st. The company reported ($0.07) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.19) by $0.12. The firm had revenue of $117.30 million for the quarter, compared to the consensus estimate of $118.18 million. Capital Senior Living Corporation had a negative return on equity of 8.97% and a negative net margin of 10.37%. The company’s revenue for the quarter was up 5.3% on a year-over-year basis. During the same period last year, the business posted ($0.02) EPS. analysts predict that Capital Senior Living Corporation will post -0.29 EPS for the current fiscal year.

About Capital Senior Living Corporation

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.

Institutional Ownership by Quarter for Capital Senior Living Corporation (NYSE:CSU)

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