Civitas Solutions, Inc. (NYSE:CIVI) CFO Denis M. Holler sold 676 shares of the company’s stock in a transaction dated Tuesday, September 12th. The shares were sold at an average price of $19.10, for a total value of $12,911.60. Following the completion of the sale, the chief financial officer now directly owns 298,472 shares of the company’s stock, valued at $5,700,815.20. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Civitas Solutions, Inc. (CIVI) traded up 1.92% during mid-day trading on Thursday, reaching $18.60. The company’s stock had a trading volume of 9,481 shares. The stock’s 50-day moving average is $18.12 and its 200-day moving average is $17.66. Civitas Solutions, Inc. has a 12 month low of $15.40 and a 12 month high of $20.98. The firm has a market capitalization of $694.93 million, a PE ratio of 35.77 and a beta of 0.43.

Civitas Solutions (NYSE:CIVI) last posted its quarterly earnings results on Wednesday, August 9th. The company reported $0.20 EPS for the quarter, topping the Zacks’ consensus estimate of $0.19 by $0.01. The business had revenue of $377.80 million during the quarter, compared to the consensus estimate of $376.51 million. Civitas Solutions had a return on equity of 17.01% and a net margin of 1.35%. The company’s revenue for the quarter was up 5.4% compared to the same quarter last year. During the same period last year, the firm earned $0.13 earnings per share. On average, equities analysts anticipate that Civitas Solutions, Inc. will post $0.68 EPS for the current year.

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A number of hedge funds have recently modified their holdings of the business. FMR LLC boosted its stake in Civitas Solutions by 1.1% in the second quarter. FMR LLC now owns 5,596,978 shares of the company’s stock valued at $97,947,000 after acquiring an additional 61,501 shares during the period. Nuveen Asset Management LLC boosted its stake in Civitas Solutions by 55.8% in the first quarter. Nuveen Asset Management LLC now owns 741,979 shares of the company’s stock valued at $13,615,000 after acquiring an additional 265,884 shares during the period. Vanguard Group Inc. boosted its stake in Civitas Solutions by 1.0% in the second quarter. Vanguard Group Inc. now owns 719,953 shares of the company’s stock valued at $12,600,000 after acquiring an additional 7,218 shares during the period. Jupiter Asset Management Ltd. boosted its stake in Civitas Solutions by 0.5% in the first quarter. Jupiter Asset Management Ltd. now owns 295,445 shares of the company’s stock valued at $5,421,000 after acquiring an additional 1,350 shares during the period. Finally, State Street Corp boosted its stake in Civitas Solutions by 14.3% in the second quarter. State Street Corp now owns 270,368 shares of the company’s stock valued at $4,738,000 after acquiring an additional 33,779 shares during the period. Institutional investors own 93.97% of the company’s stock.

Several analysts have commented on the company. BidaskClub downgraded Civitas Solutions from a “hold” rating to a “sell” rating in a research note on Friday, August 4th. Zacks Investment Research raised Civitas Solutions from a “sell” rating to a “hold” rating in a research note on Tuesday, July 11th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $23.50.

About Civitas Solutions

Civitas Solutions, Inc is a provider of home- and community-based health and human services to individuals with intellectual, developmental, physical or behavioral disabilities and other special needs. The Company operates through two segments: Human Services and Post-Acute Specialty Rehabilitation Services (SRS).

Insider Buying and Selling by Quarter for Civitas Solutions (NYSE:CIVI)

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