Alliancebernstein L.P. Has $607,000 Stake in Capital Senior Living Corporation (CSU)

Alliancebernstein L.P. decreased its position in shares of Capital Senior Living Corporation (NYSE:CSU) by 5.1% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 43,200 shares of the company’s stock after selling 2,300 shares during the period. Alliancebernstein L.P. owned 0.15% of Capital Senior Living Corporation worth $607,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Russell Investments Group Ltd. boosted its stake in Capital Senior Living Corporation by 16.2% in the first quarter. Russell Investments Group Ltd. now owns 343,190 shares of the company’s stock worth $4,826,000 after buying an additional 47,851 shares during the period. State Street Corp boosted its stake in Capital Senior Living Corporation by 7.6% in the fourth quarter. State Street Corp now owns 588,250 shares of the company’s stock worth $9,441,000 after buying an additional 41,795 shares during the period. Levin Capital Strategies L.P. boosted its stake in Capital Senior Living Corporation by 15.3% in the first quarter. Levin Capital Strategies L.P. now owns 258,030 shares of the company’s stock worth $3,628,000 after buying an additional 34,220 shares during the period. Northpointe Capital LLC boosted its stake in Capital Senior Living Corporation by 2.4% in the first quarter. Northpointe Capital LLC now owns 1,079,130 shares of the company’s stock worth $15,173,000 after buying an additional 24,886 shares during the period. Finally, Wells Fargo & Company MN boosted its stake in Capital Senior Living Corporation by 29.4% in the first quarter. Wells Fargo & Company MN now owns 76,506 shares of the company’s stock worth $1,076,000 after buying an additional 17,369 shares during the period. Hedge funds and other institutional investors own 98.88% of the company’s stock.

Capital Senior Living Corporation (CSU) opened at 12.63 on Tuesday. The stock’s market capitalization is $372.31 million. Capital Senior Living Corporation has a 52 week low of $12.50 and a 52 week high of $18.48. The company has a 50-day moving average of $14.97 and a 200-day moving average of $14.93.

Capital Senior Living Corporation (NYSE:CSU) last issued its quarterly earnings results on Tuesday, August 1st. The company reported ($0.08) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.16) by $0.08. Capital Senior Living Corporation had a negative net margin of 10.28% and a negative return on equity of 6.73%. The business had revenue of $116.70 million for the quarter, compared to analyst estimates of $117.22 million. During the same period in the previous year, the business posted ($0.15) earnings per share. The business’s revenue was up 5.1% compared to the same quarter last year. Analysts anticipate that Capital Senior Living Corporation will post ($1.51) earnings per share for the current year.

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CSU has been the topic of a number of analyst reports. Zacks Investment Research upgraded Capital Senior Living Corporation from a “hold” rating to a “strong-buy” rating and set a $16.00 target price on the stock in a research report on Friday, May 5th. BidaskClub cut Capital Senior Living Corporation from a “hold” rating to a “sell” rating in a research report on Wednesday, July 19th. Finally, Stifel Nicolaus raised their target price on Capital Senior Living Corporation from $13.00 to $15.00 and gave the company a “hold” rating in a research report on Wednesday, August 2nd. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company. Capital Senior Living Corporation currently has an average rating of “Hold” and an average target price of $17.33.

In other news, VP Joseph G. Solari sold 3,000 shares of the business’s stock in a transaction dated Wednesday, June 21st. The shares were sold at an average price of $15.97, for a total transaction of $47,910.00. Following the transaction, the vice president now directly owns 43,364 shares in the company, valued at $692,523.08. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 7.10% of the company’s stock.

Capital Senior Living Corporation Company Profile

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.

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

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