Capital Senior Living Co. (NYSE:CSU) was the recipient of a significant decline in short interest during the month of December. As of December 31st, there was short interest totalling 1,180,000 shares, a decline of 7.1% from the December 15th total of 1,270,000 shares. Currently, 4.4% of the shares of the company are short sold. Based on an average daily volume of 110,400 shares, the short-interest ratio is currently 10.7 days.
Hedge funds have recently bought and sold shares of the company. Renaissance Technologies LLC lifted its holdings in shares of Capital Senior Living by 57.2% in the second quarter. Renaissance Technologies LLC now owns 1,023,700 shares of the company’s stock worth $5,149,000 after acquiring an additional 372,400 shares during the last quarter. Sfmg LLC bought a new position in shares of Capital Senior Living in the third quarter worth about $44,000. Victory Capital Management Inc. lifted its holdings in shares of Capital Senior Living by 23.9% in the second quarter. Victory Capital Management Inc. now owns 252,750 shares of the company’s stock worth $1,271,000 after acquiring an additional 48,795 shares during the last quarter. Invesco Ltd. lifted its holdings in shares of Capital Senior Living by 1.8% in the second quarter. Invesco Ltd. now owns 1,113,561 shares of the company’s stock worth $5,601,000 after acquiring an additional 19,623 shares during the last quarter. Finally, Susquehanna International Group LLP bought a new position in shares of Capital Senior Living in the second quarter worth about $94,000. 66.71% of the stock is owned by hedge funds and other institutional investors.
CSU opened at $3.02 on Thursday. Capital Senior Living has a twelve month low of $2.91 and a twelve month high of $8.25. The company has a 50-day simple moving average of $3.37 and a 200 day simple moving average of $4.21. The company has a quick ratio of 0.32, a current ratio of 0.32 and a debt-to-equity ratio of 330.74. The stock has a market capitalization of $96.28 million, a price-to-earnings ratio of -3.60 and a beta of 0.91.
Capital Senior Living (NYSE:CSU) last posted its quarterly earnings data on Thursday, November 7th. The company reported ($0.68) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.35) by ($0.33). Capital Senior Living had a negative return on equity of 146.78% and a negative net margin of 15.99%. The firm had revenue of $111.11 million for the quarter, compared to the consensus estimate of $113.83 million. Sell-side analysts anticipate that Capital Senior Living will post -1.46 EPS for the current fiscal year.
CSU has been the topic of several research reports. Barclays decreased their price objective on shares of Capital Senior Living from $3.00 to $2.00 and set an “underweight” rating on the stock in a report on Monday. Zacks Investment Research upgraded shares of Capital Senior Living from a “sell” rating to a “hold” rating in a research note on Tuesday, January 7th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $3.79.
Capital Senior Living Company Profile
Capital Senior Living Corporation develops, owns, operates, and manages senior housing communities in the United States. The company provides senior living services to the elderly, including independent living, assisted living, and memory care services. Its independent living services comprise daily meals, transportation, social and recreational activities, laundry, housekeeping, and 24-hour staffing; and access to health screenings, periodic special services, and dietary and similar programs, as well as exercise and fitness classes.
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