Falcon Point Capital LLC lowered its stake in shares of Capital Senior Living Corporation (NYSE:CSU) by 2.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 817,055 shares of the company’s stock after selling 23,460 shares during the period. Capital Senior Living Corporation accounts for 1.7% of Falcon Point Capital LLC’s holdings, making the stock its 29th largest position. Falcon Point Capital LLC’s holdings in Capital Senior Living Corporation were worth $12,427,000 at the end of the most recent quarter.
A number of other institutional investors also recently made changes to their positions in CSU. Kennedy Capital Management Inc. bought a new position in shares of Capital Senior Living Corporation during the first quarter valued at approximately $4,948,000. Perceptive Advisors LLC increased its position in shares of Capital Senior Living Corporation by 79.6% in the first quarter. Perceptive Advisors LLC now owns 575,173 shares of the company’s stock valued at $8,087,000 after buying an additional 255,000 shares during the period. Point72 Asset Management L.P. bought a new position in shares of Capital Senior Living Corporation during the first quarter valued at approximately $2,988,000. KRV Capital LP bought a new position in shares of Capital Senior Living Corporation during the first quarter valued at approximately $2,840,000. Finally, Forward Management LLC bought a new position in shares of Capital Senior Living Corporation during the second quarter valued at approximately $2,153,000. Institutional investors own 98.88% of the company’s stock.
Shares of Capital Senior Living Corporation (NYSE:CSU) opened at 12.15 on Friday. Capital Senior Living Corporation has a 52 week low of $11.78 and a 52 week high of $17.92. The firm’s market cap is $358.43 million. The stock has a 50 day moving average of $14.28 and a 200 day moving average of $14.72.
Capital Senior Living Corporation (NYSE:CSU) last issued its quarterly earnings data on Tuesday, August 1st. The company reported ($0.08) EPS for the quarter, beating analysts’ consensus estimates of ($0.16) by $0.08. Capital Senior Living Corporation had a negative return on equity of 6.73% and a negative net margin of 10.28%. The firm had revenue of $116.70 million for the quarter, compared to analyst estimates of $117.22 million. During the same period in the prior year, the firm posted ($0.15) EPS. The company’s revenue for the quarter was up 5.1% on a year-over-year basis. Equities analysts forecast that Capital Senior Living Corporation will post ($1.58) earnings per share for the current year.
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Several equities analysts have commented on CSU shares. Zacks Investment Research upgraded Capital Senior Living Corporation from a “hold” rating to a “strong-buy” rating and set a $16.00 price target on the stock in a report on Friday, May 5th. BidaskClub downgraded Capital Senior Living Corporation from a “hold” rating to a “sell” rating in a report on Wednesday, July 19th. Finally, Stifel Nicolaus raised their price objective on shares of Capital Senior Living Corporation from $13.00 to $15.00 and gave the stock a “hold” rating in a research note on Wednesday, August 2nd. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $17.33.
In other Capital Senior Living Corporation news, VP Joseph G. Solari sold 3,000 shares of the company’s stock in a transaction on Wednesday, June 21st. The stock was sold at an average price of $15.97, for a total value of $47,910.00. Following the transaction, the vice president now directly owns 43,364 shares of the company’s stock, valued at approximately $692,523.08. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 7.10% of the company’s stock.
About Capital Senior Living Corporation
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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