Zacks Investment Research lowered shares of Capital Senior Living (NYSE:CSU) from a hold rating to a sell rating in a report published on Wednesday.
According to Zacks, “Capital Senior Living Corporation is one of the largest providers of senior living services in the United States. The Company currently owns interests in and/or operates 33 communities in 17 states with a capacity of approximately 5,000 residents, including 17 communities in which it owns interests, 15 communities that it manages for third parties. The Company also operates one home health care agency. “
Separately, ValuEngine lowered shares of Capital Senior Living from a hold rating to a sell rating in a report on Wednesday, December 20th.
Shares of Capital Senior Living (NYSE CSU) opened at $11.13 on Wednesday. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 11.60. The firm has a market cap of $332.78, a P/E ratio of -6.70 and a beta of 1.33. Capital Senior Living has a fifty-two week low of $10.35 and a fifty-two week high of $17.33.
In related news, insider Carey P. Hendrickson sold 29,750 shares of the firm’s stock in a transaction that occurred on Thursday, December 28th. The shares were sold at an average price of $13.72, for a total value of $408,170.00. Following the completion of the sale, the insider now owns 201,849 shares of the company’s stock, valued at $2,769,368.28. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Carey P. Hendrickson sold 3,419 shares of Capital Senior Living stock in a transaction on Tuesday, December 26th. The stock was sold at an average price of $13.85, for a total transaction of $47,353.15. Following the sale, the chief financial officer now directly owns 201,849 shares of the company’s stock, valued at approximately $2,795,608.65. The disclosure for this sale can be found here. Company insiders own 19.78% of the company’s stock.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Voya Investment Management LLC grew its holdings in Capital Senior Living by 14.8% during the 2nd quarter. Voya Investment Management LLC now owns 14,764 shares of the company’s stock worth $225,000 after acquiring an additional 1,906 shares during the period. JPMorgan Chase & Co. grew its holdings in Capital Senior Living by 28.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 18,822 shares of the company’s stock worth $286,000 after acquiring an additional 4,215 shares during the period. Teachers Advisors LLC grew its holdings in Capital Senior Living by 7.7% during the 4th quarter. Teachers Advisors LLC now owns 74,250 shares of the company’s stock worth $1,002,000 after acquiring an additional 5,295 shares during the period. Schwab Charles Investment Management Inc. grew its holdings in Capital Senior Living by 4.9% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 124,209 shares of the company’s stock worth $1,676,000 after acquiring an additional 5,772 shares during the period. Finally, Aperio Group LLC grew its holdings in Capital Senior Living by 34.2% during the 4th quarter. Aperio Group LLC now owns 22,680 shares of the company’s stock worth $306,000 after acquiring an additional 5,774 shares during the period. 99.67% of the stock is owned by hedge funds and other institutional investors.
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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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