Capital Senior Living Corp. (CSU) Trading Down 1.9%
Capital Senior Living Corp. (NYSE:CSU) shares 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 brokerages have issued reports on CSU. Zacks Investment Research upgraded 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. Stifel Nicolaus downgraded Capital Senior Living Corp. from a “buy” rating to a “hold” rating in a research note on Wednesday, August 3rd. One 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’s stock. The company currently has a consensus rating of “Hold” and an average price target of $25.33.
The company’s 50-day moving average price is $18.21 and its 200 day moving average price is $18.18. The stock’s market cap is $472.11 million.
Capital Senior Living Corp. (NYSE:CSU) last released its earnings results on Tuesday, August 2nd. The company reported ($0.15) EPS for the quarter, missing the Zacks’ consensus estimate of $0.02 by $0.17. The firm earned $111 million during the quarter, compared to the consensus estimate of $112.79 million. During the same period in the previous year, the firm posted $0.01 EPS. The firm’s revenue for the quarter was up 9.3% compared to the same quarter last year. Equities analysts forecast that Capital Senior Living Corp. will post ($0.58) earnings per share for the current fiscal year.
In other news, CEO Lawrence A. Cohen sold 80,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 8th. The stock was sold at an average price of $19.09, for a total value of $1,527,200.00. Following the completion of the transaction, the chief executive officer now owns 913,134 shares in the company, valued at approximately $17,431,728.06. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Greg Boemer sold 3,147 shares of the firm’s stock in a transaction that occurred on 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 transaction, the vice president now owns 7,298 shares of the company’s stock, valued at approximately $136,910.48. The disclosure for this sale can be found here.
An institutional investor recently raised its position in Capital Senior Living Corp. stock. Lucus Advisors LLC increased its position in shares of Capital Senior Living Corp. (NYSE:CSU) by 14.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm 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 about 21.4% of Lucus Advisors LLC’s investment portfolio, making the stock its largest position. Lucus Advisors LLC owned approximately 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.