Capital Senior Living Co. (NYSE:CSU) CEO Lawrence A. Cohen sold 90,700 shares of the company’s stock in a transaction on Monday, November 20th. The stock was sold at an average price of $16.00, for a total transaction of $1,451,200.00. Following the transaction, the chief executive officer now owns 924,145 shares of the company’s stock, valued at $14,786,320. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Capital Senior Living Co. (NYSE CSU) traded down $0.01 during midday trading on Thursday, reaching $14.97. The company had a trading volume of 100,684 shares, compared to its average volume of 306,150. Capital Senior Living Co. has a 1-year low of $11.60 and a 1-year high of $17.89. The company has a debt-to-equity ratio of 11.60, a current ratio of 0.64 and a quick ratio of 0.64.
Capital Senior Living (NYSE:CSU) last posted its quarterly earnings data on Wednesday, November 1st. The company reported ($0.07) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.19) by $0.12. The business had revenue of $117.30 million during the quarter, compared to the consensus estimate of $118.18 million. Capital Senior Living had a negative return on equity of 8.97% and a negative net margin of 10.37%. Capital Senior Living’s quarterly revenue was up 5.3% on a year-over-year basis. During the same period in the prior year, the business posted ($0.02) earnings per share. sell-side analysts anticipate that Capital Senior Living Co. will post -0.29 EPS for the current fiscal year.
A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. First Manhattan Co. increased its holdings in Capital Senior Living by 5.1% in the second quarter. First Manhattan Co. now owns 2,608,460 shares of the company’s stock valued at $39,674,000 after purchasing an additional 127,475 shares during the period. Dimensional Fund Advisors LP grew its holdings in Capital Senior Living by 13.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,637,160 shares of the company’s stock worth $24,901,000 after acquiring an additional 199,118 shares during the period. Vanguard Group Inc. grew its holdings in Capital Senior Living by 4.7% during the 2nd quarter. Vanguard Group Inc. now owns 1,327,922 shares of the company’s stock worth $20,197,000 after acquiring an additional 59,020 shares during the period. Mountain Lake Investment Management LLC grew its holdings in Capital Senior Living by 0.4% during the 2nd quarter. Mountain Lake Investment Management LLC now owns 1,205,000 shares of the company’s stock worth $18,328,000 after acquiring an additional 5,000 shares during the period. Finally, Janus Henderson Group PLC acquired a new stake in Capital Senior Living during the 2nd quarter worth about $15,754,000. Institutional investors and hedge funds own 97.84% of the company’s stock.
Several brokerages have recently issued reports on CSU. Zacks Investment Research downgraded shares of Capital Senior Living from a “buy” rating to a “hold” rating in a report on Monday, November 6th. ValuEngine upgraded shares of Capital Senior Living from a “sell” rating to a “hold” rating in a report on Thursday, November 2nd. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $16.67.
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Capital Senior Living Company Profile
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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