Victory Capital Management Inc. Boosts Stake in Capital Senior Living Co. (CSU)

Victory Capital Management Inc. grew its position in Capital Senior Living Co. (NYSE:CSU) by 53.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 168,833 shares of the company’s stock after buying an additional 58,965 shares during the quarter. Victory Capital Management Inc.’s holdings in Capital Senior Living were worth $1,594,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the business. Cove Street Capital LLC boosted its holdings in shares of Capital Senior Living by 51.0% in the second quarter. Cove Street Capital LLC now owns 2,210,890 shares of the company’s stock worth $23,590,000 after buying an additional 746,845 shares during the period. First Manhattan Co. boosted its holdings in shares of Capital Senior Living by 6.6% in the third quarter. First Manhattan Co. now owns 2,134,260 shares of the company’s stock worth $20,147,000 after buying an additional 131,735 shares during the period. BlackRock Inc. boosted its holdings in shares of Capital Senior Living by 8.8% in the second quarter. BlackRock Inc. now owns 2,108,924 shares of the company’s stock worth $22,501,000 after buying an additional 170,023 shares during the period. Massachusetts Financial Services Co. MA boosted its holdings in shares of Capital Senior Living by 30.6% in the second quarter. Massachusetts Financial Services Co. MA now owns 646,268 shares of the company’s stock worth $6,896,000 after buying an additional 151,338 shares during the period. Finally, Portolan Capital Management LLC acquired a new position in shares of Capital Senior Living in the second quarter worth about $6,447,000. Institutional investors own 83.23% of the company’s stock.

NYSE CSU opened at $8.17 on Monday. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 16.28. The company has a market capitalization of $255.52 million, a PE ratio of -28.17 and a beta of 0.91. Capital Senior Living Co. has a 52-week low of $7.18 and a 52-week high of $16.72.

Capital Senior Living (NYSE:CSU) last posted its quarterly earnings results on Tuesday, November 6th. The company reported ($0.37) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.31) by ($0.06). The company had revenue of $115.65 million during the quarter, compared to analysts’ expectations of $114.18 million. Capital Senior Living had a negative return on equity of 26.10% and a negative net margin of 7.29%. Sell-side analysts predict that Capital Senior Living Co. will post -0.88 EPS for the current fiscal year.

Several research analysts have commented on the stock. Zacks Investment Research cut shares of Capital Senior Living from a “buy” rating to a “hold” rating in a report on Tuesday, October 23rd. Stifel Nicolaus decreased their target price on shares of Capital Senior Living from $10.50 to $8.50 and set a “sell” rating for the company in a report on Wednesday, August 1st. ValuEngine upgraded shares of Capital Senior Living from a “hold” rating to a “buy” rating in a report on Tuesday, October 2nd. Bank of America cut shares of Capital Senior Living from a “buy” rating to a “neutral” rating and set a $10.00 target price for the company. in a report on Wednesday, August 1st. Finally, JMP Securities set a $11.00 target price on shares of Capital Senior Living and gave the stock a “buy” rating in a report on Wednesday, October 3rd. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $10.00.

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Capital Senior Living Company Profile

Capital Senior Living Corporation owns, operates, develops, and manages senior housing communities in the United States. The company provides senior living services to the elderly, including independent and assisted living, and home 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 ongoing exercise and fitness classes.

Further Reading: Correction

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

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