Campbell & CO Investment Adviser LLC Takes $197,000 Position in Civitas Solutions, Inc. (CIVI)

Campbell & CO Investment Adviser LLC bought a new stake in shares of Civitas Solutions, Inc. (NYSE:CIVI) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 10,697 shares of the company’s stock, valued at approximately $197,000.

Several other large investors also recently made changes to their positions in CIVI. Alliancebernstein L.P. boosted its position in shares of Civitas Solutions by 3.1% during the first quarter. Alliancebernstein L.P. now owns 16,750 shares of the company’s stock valued at $307,000 after buying an additional 500 shares during the last quarter. TIAA CREF Investment Management LLC boosted its position in Civitas Solutions by 7.2% in the first quarter. TIAA CREF Investment Management LLC now owns 92,158 shares of the company’s stock worth $1,691,000 after purchasing an additional 6,219 shares during the last quarter. Vanguard Group Inc. boosted its position in Civitas Solutions by 8.4% in the first quarter. Vanguard Group Inc. now owns 712,735 shares of the company’s stock worth $13,079,000 after purchasing an additional 55,328 shares during the last quarter. Geode Capital Management LLC boosted its position in Civitas Solutions by 3.6% in the first quarter. Geode Capital Management LLC now owns 124,815 shares of the company’s stock worth $2,290,000 after purchasing an additional 4,394 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in Civitas Solutions by 14.6% in the first quarter. Dimensional Fund Advisors LP now owns 124,309 shares of the company’s stock worth $2,280,000 after purchasing an additional 15,822 shares during the last quarter. 94.19% of the stock is currently owned by institutional investors.

Shares of Civitas Solutions, Inc. (NYSE:CIVI) opened at $19.40 on Friday. The stock has a market capitalization of $724.84, a price-to-earnings ratio of 26.58, a price-to-earnings-growth ratio of 2.27 and a beta of 0.43. The company has a debt-to-equity ratio of 3.64, a current ratio of 1.48 and a quick ratio of 1.48. Civitas Solutions, Inc. has a one year low of $15.40 and a one year high of $20.98.

In related news, CFO Denis M. Holler sold 4,600 shares of the business’s stock in a transaction on Tuesday, October 3rd. The stock was sold at an average price of $19.63, for a total transaction of $90,298.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Denis M. Holler sold 6,433 shares of the business’s stock in a transaction on Wednesday, September 6th. The shares were sold at an average price of $19.11, for a total value of $122,934.63. Following the sale, the chief financial officer now owns 302,824 shares in the company, valued at $5,786,966.64. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 40,621 shares of company stock worth $777,678. Corporate insiders own 5.30% of the company’s stock.

Several research analysts have weighed in on CIVI shares. Canaccord Genuity boosted their price objective on Civitas Solutions from $26.00 to $27.00 and gave the stock a “buy” rating in a research report on Thursday, October 26th. Zacks Investment Research raised Civitas Solutions from a “sell” rating to a “hold” rating in a research report on Tuesday, October 10th. Finally, BidaskClub raised Civitas Solutions from a “sell” rating to a “hold” rating in a research report on Monday, August 14th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company. Civitas Solutions has an average rating of “Hold” and a consensus price target of $25.00.

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Civitas Solutions Company Profile

Civitas Solutions, Inc is a provider of home- and community-based health and human services to individuals with intellectual, developmental, physical or behavioral disabilities and other special needs. The Company operates through two segments: Human Services and Post-Acute Specialty Rehabilitation Services (SRS).

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Institutional Ownership by Quarter for Civitas Solutions (NYSE:CIVI)

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