Capital Senior Living Corporation (CSU) Downgraded to “Sell” at Zacks Investment Research

Capital Senior Living Corporation (NYSE:CSU) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued to investors on Friday, August 4th.

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. “

Other equities analysts have also issued research reports about the company. Stifel Nicolaus upped their price target on Capital Senior Living Corporation from $13.00 to $15.00 and gave the company a “hold” rating in a research note on Wednesday, August 2nd. BidaskClub lowered Capital Senior Living Corporation from a “hold” rating to a “sell” rating in a research note on Wednesday, July 19th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the stock. Capital Senior Living Corporation has an average rating of “Hold” and an average price target of $17.33.

Capital Senior Living Corporation (NYSE CSU) traded up 0.17% during midday trading on Friday, reaching $11.85. The company’s stock had a trading volume of 452,393 shares. The firm has a 50 day moving average price of $13.78 and a 200 day moving average price of $14.54. The firm’s market capitalization is $349.58 million. Capital Senior Living Corporation has a 1-year low of $11.74 and a 1-year high of $17.92.

Capital Senior Living Corporation (NYSE:CSU) last posted its quarterly earnings data on Tuesday, August 1st. The company reported ($0.08) EPS for the quarter, topping analysts’ consensus estimates of ($0.16) by $0.08. The company had revenue of $116.70 million for the quarter, compared to analyst estimates of $117.22 million. Capital Senior Living Corporation had a negative return on equity of 6.73% and a negative net margin of 10.28%. The business’s revenue was up 5.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.15) earnings per share. On average, analysts predict that Capital Senior Living Corporation will post ($1.58) EPS for the current year.

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In other 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 transaction of $47,910.00. Following the transaction, the vice president now owns 43,364 shares of the company’s stock, valued at $692,523.08. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 7.10% of the company’s stock.

Large investors have recently added to or reduced their stakes in the stock. Sei Investments Co. increased its stake in Capital Senior Living Corporation by 24.4% in the first quarter. Sei Investments Co. now owns 8,428 shares of the company’s stock worth $118,000 after buying an additional 1,654 shares in the last quarter. Bronfman E.L. Rothschild L.P. increased its stake in Capital Senior Living Corporation by 12.7% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 7,889 shares of the company’s stock worth $120,000 after buying an additional 886 shares in the last quarter. Cubist Systematic Strategies LLC increased its stake in Capital Senior Living Corporation by 1,243.8% in the second quarter. Cubist Systematic Strategies LLC now owns 8,063 shares of the company’s stock worth $123,000 after buying an additional 7,463 shares in the last quarter. UBS Asset Management Americas Inc. bought a new stake in Capital Senior Living Corporation during the second quarter worth approximately $186,000. Finally, KCG Holdings Inc. bought a new stake in Capital Senior Living Corporation during the first quarter worth approximately $187,000. Institutional investors and hedge funds own 97.49% 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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