Shares of Capital Senior Living Corp. (NYSE:CSU) shot up 5% during mid-day trading on Friday . The stock traded as high as $18.69 and last traded at $18.58, with a volume of 194,675 shares trading hands. The stock had previously closed at $17.69.

Separately, Zacks Investment Research raised shares of Capital Senior Living Corp. from a “hold” rating to a “buy” rating and set a $23.00 price objective for the company in a research note on Wednesday, April 27th.

The stock’s market capitalization is $538.81 million. The firm’s 50 day moving average is $17.96 and its 200-day moving average is $18.20.

Capital Senior Living Corp. (NYSE:CSU) last issued its earnings results on Tuesday, May 3rd. The company reported ($0.03) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.14) by $0.11. During the same period in the previous year, the firm earned $0.03 EPS. The firm earned $109.20 million during the quarter, compared to analysts’ expectations of $108.55 million. The firm’s revenue was up 10.7% on a year-over-year basis. Equities analysts forecast that Capital Senior Living Corp. will post ($0.42) earnings per share for the current year.

In related news, VP Greg Boemer sold 3,147 shares of the firm’s stock in a transaction dated Thursday, June 9th. The shares were sold at an average price of $18.76, for a total value of $59,037.72. Following the completion of the sale, the vice president now owns 7,298 shares in the company, valued at $136,910.48. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Lawrence A. Cohen sold 80,000 shares of the firm’s stock in a transaction dated Wednesday, June 8th. The shares were sold at an average price of $19.09, for a total transaction of $1,527,200.00. Following the completion of the sale, the chief executive officer now owns 913,134 shares of the company’s stock, valued at approximately $17,431,728.06. The disclosure for this sale can be found here.

Several hedge funds recently made changes to their positions in CSU. Russell Frank Co boosted its stake in shares of Capital Senior Living Corp. by 2.7% in the fourth quarter. Russell Frank Co now owns 227,131 shares of the company’s stock valued at $4,711,000 after buying an additional 6,033 shares during the period. Comerica Bank boosted its stake in shares of Capital Senior Living Corp. by 20.4% in the fourth quarter. Comerica Bank now owns 224,568 shares of the company’s stock valued at $4,300,000 after buying an additional 37,993 shares during the period. Morgan Stanley boosted its stake in shares of Capital Senior Living Corp. by 9.5% in the fourth quarter. Morgan Stanley now owns 177,290 shares of the company’s stock valued at $3,698,000 after buying an additional 15,332 shares during the period. Sei Investments Co. bought a new stake in shares of Capital Senior Living Corp. during the fourth quarter valued at approximately $2,751,000. Finally, California State Teachers Retirement System boosted its stake in shares of Capital Senior Living Corp. by 1.9% in the fourth quarter. California State Teachers Retirement System now owns 54,645 shares of the company’s stock valued at $1,140,000 after buying an additional 1,000 shares during the period.

Capital Senior Living Corporation is an operator of senior living communities in the United States in terms of resident capacity. The Company operates over 10 senior living communities in approximately 20 states, including over 70 senior living communities, which the Company owns and over 50 senior living communities the Company leases.

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