Capital Senior Living Corp. (CSU) Trading Down 1.9%
Capital Senior Living Corp. (NYSE:CSU) fell 1.9% during mid-day trading on Thursday . The company traded as low as $16.33 and last traded at $16.40, with a volume of 103,877 shares trading hands. The stock had previously closed at $16.72.
A number of research firms have issued reports on CSU. Zacks Investment Research cut shares of Capital Senior Living Corp. from a “buy” rating to a “hold” rating in a report on Monday, May 2nd. Stifel Nicolaus cut shares of Capital Senior Living Corp. from a “buy” rating to a “hold” rating in a research note on Wednesday, August 3rd. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company. Capital Senior Living Corp. currently has an average rating of “Hold” and a consensus target price of $25.33.
The firm’s 50 day moving average is $18.25 and its 200-day moving average is $18.18. The company’s market capitalization is $472.40 million.
Capital Senior Living Corp. (NYSE:CSU) last issued its quarterly earnings results on Tuesday, August 2nd. The company reported ($0.15) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by $0.17. During the same quarter in the prior year, the firm earned $0.01 EPS. The business had revenue of $111 million for the quarter, compared to analysts’ expectations of $112.79 million. The company’s revenue was up 9.3% on a year-over-year basis. On average, equities analysts forecast that Capital Senior Living Corp. will post ($0.34) EPS for the current year.
In other news, VP Greg Boemer sold 3,147 shares of the business’s stock in a transaction dated Thursday, June 9th. The shares were sold at an average price of $18.76, for a total transaction of $59,037.72. Following the transaction, the vice president now directly owns 7,298 shares in the company, valued at approximately $136,910.48. The transaction 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 business’s stock in a transaction dated Wednesday, June 8th. The stock was sold at an average price of $19.09, for a total transaction of $1,527,200.00. Following the transaction, the chief executive officer now owns 913,134 shares in the company, valued at $17,431,728.06. The disclosure for this sale can be found here.
A hedge fund recently raised its stake in Capital Senior Living Corp. stock. Lucus Advisors LLC boosted its stake in Capital Senior Living Corp. (NYSE:CSU) by 14.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,688,819 shares of the company’s stock after buying an additional 219,303 shares during the period. Capital Senior Living Corp. comprises approximately 21.4% of Lucus Advisors LLC’s investment portfolio, making the stock its largest position. Lucus Advisors LLC owned 5.88% of Capital Senior Living Corp. worth $35,229,000 as of its most recent SEC filing.
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.