Alliancebernstein L.P. lowered its stake in Capital Senior Living Corporation (NYSE:CSU) by 5.1% during the first quarter, Holdings Channel reports. The fund owned 43,200 shares of the company’s stock after selling 2,300 shares during the period. Alliancebernstein L.P.’s holdings in Capital Senior Living Corporation were worth $607,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of CSU. American International Group Inc. raised its position in shares of Capital Senior Living Corporation by 7.0% in the first quarter. American International Group Inc. now owns 17,313 shares of the company’s stock valued at $243,000 after buying an additional 1,135 shares during the last quarter. Levin Capital Strategies L.P. raised its position in shares of Capital Senior Living Corporation by 15.3% in the first quarter. Levin Capital Strategies L.P. now owns 258,030 shares of the company’s stock valued at $3,628,000 after buying an additional 34,220 shares during the last quarter. Trexquant Investment LP bought a new position in shares of Capital Senior Living Corporation during the first quarter valued at $195,000. Parametric Portfolio Associates LLC raised its position in shares of Capital Senior Living Corporation by 3.9% in the first quarter. Parametric Portfolio Associates LLC now owns 335,814 shares of the company’s stock valued at $4,722,000 after buying an additional 12,684 shares during the last quarter. Finally, Sei Investments Co. raised its position in shares of Capital Senior Living Corporation by 24.4% in the first quarter. Sei Investments Co. now owns 8,428 shares of the company’s stock valued at $118,000 after buying an additional 1,654 shares during the last quarter. Institutional investors own 98.88% of the company’s stock.

Shares of Capital Senior Living Corporation (NYSE:CSU) opened at 12.63 on Tuesday. The firm’s market capitalization is $372.31 million. Capital Senior Living Corporation has a 52-week low of $12.50 and a 52-week high of $18.48. The stock has a 50 day moving average of $14.97 and a 200 day moving average of $14.93.

Capital Senior Living Corporation (NYSE:CSU) last announced its quarterly earnings data on Tuesday, August 1st. The company reported ($0.08) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.16) by $0.08. The company had revenue of $116.70 million for the quarter, compared to analysts’ expectations of $117.22 million. Capital Senior Living Corporation had a negative net margin of 10.28% and a negative return on equity of 6.73%. The business’s revenue was up 5.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.15) EPS. On average, analysts predict that Capital Senior Living Corporation will post ($1.51) EPS for the current fiscal year.

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Several brokerages have weighed in on CSU. Zacks Investment Research lowered shares of Capital Senior Living Corporation from a “hold” rating to a “sell” rating in a research report on Friday. Stifel Nicolaus upped their target price on shares of Capital Senior Living Corporation from $13.00 to $15.00 and gave the stock a “hold” rating in a research report on Wednesday, August 2nd. Finally, BidaskClub lowered shares of Capital Senior Living Corporation from a “sell” rating to a “strong sell” rating in a research report on Tuesday, August 1st. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the stock. Capital Senior Living Corporation has an average rating of “Hold” and a consensus price target of $17.33.

In other news, VP Joseph G. Solari sold 3,000 shares of Capital Senior Living Corporation stock in a transaction that occurred on Wednesday, June 21st. The shares were sold at an average price of $15.97, for a total value of $47,910.00. Following the transaction, the vice president now owns 43,364 shares of the company’s stock, valued at approximately $692,523.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 7.10% of the company’s stock.

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.

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

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