Heron Bay Capital Management Has $27.18 Million Position in Consensus Cloud Solutions, Inc. $CCSI

Heron Bay Capital Management increased its position in Consensus Cloud Solutions, Inc. (NASDAQ:CCSI) by 21.3% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 1,178,746 shares of the company’s stock after acquiring an additional 207,072 shares during the quarter. Consensus Cloud Solutions comprises 5.3% of Heron Bay Capital Management’s investment portfolio, making the stock its 3rd largest holding. Heron Bay Capital Management owned approximately 0.06% of Consensus Cloud Solutions worth $27,182,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Strs Ohio bought a new position in Consensus Cloud Solutions during the first quarter worth about $134,000. Federated Hermes Inc. lifted its stake in shares of Consensus Cloud Solutions by 20.2% during the 1st quarter. Federated Hermes Inc. now owns 9,327 shares of the company’s stock valued at $215,000 after buying an additional 1,565 shares in the last quarter. Banque Cantonale Vaudoise bought a new position in Consensus Cloud Solutions in the 1st quarter worth approximately $231,000. Jones Financial Companies Lllp grew its stake in Consensus Cloud Solutions by 149,428.6% in the 1st quarter. Jones Financial Companies Lllp now owns 10,467 shares of the company’s stock valued at $242,000 after buying an additional 10,460 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Consensus Cloud Solutions by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,810 shares of the company’s stock valued at $249,000 after acquiring an additional 468 shares during the period. 93.93% of the stock is owned by hedge funds and other institutional investors.

Consensus Cloud Solutions Price Performance

CCSI opened at $20.96 on Friday. The firm has a market capitalization of $398.45 million, a P/E ratio of 4.98 and a beta of 1.53. Consensus Cloud Solutions, Inc. has a one year low of $17.84 and a one year high of $32.10. The company has a fifty day moving average price of $26.65 and a 200-day moving average price of $24.45.

Consensus Cloud Solutions (NASDAQ:CCSI) last issued its quarterly earnings data on Wednesday, November 5th. The company reported $1.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.36 by $0.02. Consensus Cloud Solutions had a negative return on equity of 234.27% and a net margin of 23.48%.The company had revenue of $87.77 million for the quarter, compared to the consensus estimate of $87.58 million. Consensus Cloud Solutions has set its Q4 2025 guidance at 1.270-1.370 EPS. On average, analysts expect that Consensus Cloud Solutions, Inc. will post 5.17 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on CCSI shares. Wedbush raised their price target on Consensus Cloud Solutions from $26.00 to $35.00 and gave the stock an “outperform” rating in a report on Thursday, November 6th. Wall Street Zen raised Consensus Cloud Solutions from a “hold” rating to a “buy” rating in a report on Sunday, November 16th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Consensus Cloud Solutions in a research note on Wednesday, October 8th. Two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Consensus Cloud Solutions currently has an average rating of “Hold” and an average price target of $29.00.

Consensus Cloud Solutions Profile

Consensus Cloud Solutions, Inc, together with its subsidiaries, provides information delivery services with a software-as-a-service platform worldwide. The company offers eFax Corporate, a digital cloud-fax technology; Unite, a single platform that allows the user to choose between various protocols to send and receive healthcare information and can integrate into an existing electronic health record system or stand-alone if no EHR is present.