Oppenheimer Asset Management Inc. trimmed its stake in shares of Capital Senior Living Co. (NYSE:CSU) by 4.7% during the second quarter, HoldingsChannel reports. The fund owned 87,662 shares of the company’s stock after selling 4,356 shares during the period. Oppenheimer Asset Management Inc.’s holdings in Capital Senior Living were worth $441,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of CSU. Bank of America Corp DE increased its position in Capital Senior Living by 23.7% during the fourth quarter. Bank of America Corp DE now owns 36,357 shares of the company’s stock worth $247,000 after buying an additional 6,966 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in Capital Senior Living by 1.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,551,144 shares of the company’s stock worth $10,548,000 after purchasing an additional 17,348 shares during the last quarter. Bank of Montreal Can boosted its holdings in shares of Capital Senior Living by 301.9% in the 1st quarter. Bank of Montreal Can now owns 6,647 shares of the company’s stock valued at $27,000 after purchasing an additional 4,993 shares in the last quarter. Victory Capital Management Inc. boosted its holdings in shares of Capital Senior Living by 19.7% in the 1st quarter. Victory Capital Management Inc. now owns 203,955 shares of the company’s stock valued at $814,000 after purchasing an additional 33,515 shares in the last quarter. Finally, Spark Investment Management LLC bought a new position in shares of Capital Senior Living in the 1st quarter valued at $104,000. 70.52% of the stock is currently owned by institutional investors and hedge funds.

Capital Senior Living stock traded down $0.05 during mid-day trading on Wednesday, reaching $4.65. The company’s stock had a trading volume of 725 shares, compared to its average volume of 157,586. The firm has a market cap of $147.86 million, a price-to-earnings ratio of -5.60 and a beta of 1.06. Capital Senior Living Co. has a twelve month low of $3.48 and a twelve month high of $10.33. The business has a 50 day moving average price of $4.59 and a 200-day moving average price of $4.48. The company has a current ratio of 0.54, a quick ratio of 0.54 and a debt-to-equity ratio of 51.53.

Capital Senior Living (NYSE:CSU) last issued its earnings results on Thursday, August 8th. The company reported ($0.27) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.35) by $0.08. The company had revenue of $113.13 million during the quarter, compared to the consensus estimate of $114.81 million. Capital Senior Living had a negative return on equity of 77.25% and a negative net margin of 13.73%. On average, equities analysts expect that Capital Senior Living Co. will post -1.14 EPS for the current fiscal year.

CSU has been the subject of several recent analyst reports. Zacks Investment Research upgraded Capital Senior Living from a “hold” rating to a “strong-buy” rating and set a $4.50 price objective for the company in a research report on Monday, August 26th. JMP Securities lowered their price objective on shares of Capital Senior Living from $7.00 to $6.00 and set a “market outperform” rating for the company in a research report on Friday, August 30th. ValuEngine downgraded shares of Capital Senior Living from a “strong-buy” rating to a “buy” rating in a research note on Thursday, September 5th. Royal Bank of Canada restated an “average” rating and issued a $1.45 target price on shares of Capital Senior Living in a research report on Tuesday, August 6th. Finally, Barclays assumed coverage on shares of Capital Senior Living in a research note on Tuesday, September 3rd. They set an “underweight” rating and a $3.00 target price on the stock. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Capital Senior Living currently has an average rating of “Hold” and a consensus price target of $3.99.

In related news, major shareholder Sam Levinson acquired 242,177 shares of the stock in a transaction that occurred on Friday, June 21st. The stock was purchased at an average cost of $4.28 per share, for a total transaction of $1,036,517.56. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders have purchased a total of 1,150,010 shares of company stock valued at $5,597,199 in the last 90 days. Insiders own 18.60% of the company’s stock.

Capital Senior Living Profile

Capital Senior Living Corporation develops, owns, operates, and manages senior housing communities in the United States. The company provides senior living services to the elderly, including independent living, assisted living, and memory care services. Its independent living services comprise daily meals, transportation, social and recreational activities, laundry, housekeeping, and 24-hour staffing; and access to health screenings, periodic special services, and dietary and similar programs, as well as exercise and fitness classes.

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

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