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. “
Several other research analysts have also commented on CSU. Raymond James set a $60.00 price target on Banner and gave the stock a buy rating in a research report on Friday, May 3rd. ValuEngine lowered Intersect ENT from a buy rating to a hold rating in a research report on Monday, June 3rd. One analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average target price of $7.38.
Capital Senior Living (NYSE:CSU) last released its quarterly earnings results on Thursday, May 9th. The company reported ($0.20) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.34) by $0.14. The company had revenue of $114.18 million during the quarter, compared to analyst estimates of $116.14 million. Capital Senior Living had a negative return on equity of 52.78% and a negative net margin of 12.93%. Analysts predict that Capital Senior Living will post -1.23 earnings per share for the current year.
In other news, major shareholder Sam Levinson acquired 7,833 shares of the firm’s stock in a transaction on Friday, June 14th. The stock was acquired at an average price of $4.30 per share, with a total value of $33,681.90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Steven T. Plochocki acquired 50,000 shares of the firm’s stock in a transaction on Thursday, May 16th. The stock was purchased at an average cost of $4.05 per share, with a total value of $202,500.00. Following the purchase, the director now owns 69,947 shares of the company’s stock, valued at $283,285.35. The disclosure for this purchase can be found here. In the last three months, insiders acquired 1,365,518 shares of company stock valued at $6,563,246. 18.60% of the stock is owned by insiders.
A number of hedge funds and other institutional investors have recently made changes to their positions in CSU. Rhumbline Advisers grew its holdings in shares of Capital Senior Living by 45.4% during the 4th quarter. Rhumbline Advisers now owns 34,303 shares of the company’s stock worth $233,000 after acquiring an additional 10,716 shares during the period. California Public Employees Retirement System grew its holdings in shares of Capital Senior Living by 8.9% during the 4th quarter. California Public Employees Retirement System now owns 98,609 shares of the company’s stock worth $671,000 after acquiring an additional 8,057 shares during the period. BlackRock Inc. grew its holdings in shares of Capital Senior Living by 5.4% during the 4th quarter. BlackRock Inc. now owns 2,365,854 shares of the company’s stock worth $16,089,000 after acquiring an additional 122,133 shares during the period. Dimensional Fund Advisors LP grew its holdings in shares of Capital Senior Living by 1.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,551,144 shares of the company’s stock worth $10,548,000 after acquiring an additional 17,348 shares during the period. Finally, Geode Capital Management LLC grew its stake in shares of Capital Senior Living by 9.6% in the 4th quarter. Geode Capital Management LLC now owns 288,634 shares of the company’s stock worth $1,962,000 after buying an additional 25,320 shares during the last quarter. 75.88% of the stock is owned by institutional investors and hedge funds.
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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