Kennedy Capital Management Inc. Buys 176,851 Shares of Capital Senior Living Corporation (CSU)

Kennedy Capital Management Inc. lifted its stake in Capital Senior Living Corporation (NYSE:CSU) by 50.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 528,753 shares of the company’s stock after acquiring an additional 176,851 shares during the period. Kennedy Capital Management Inc. owned 1.79% of Capital Senior Living Corporation worth $8,042,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. OppenheimerFunds Inc. raised its position in shares of Capital Senior Living Corporation by 2.5% in the 1st quarter. OppenheimerFunds Inc. now owns 23,152 shares of the company’s stock worth $326,000 after acquiring an additional 555 shares in the last quarter. Bronfman E.L. Rothschild L.P. raised its position in shares of Capital Senior Living Corporation by 12.7% in the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 7,889 shares of the company’s stock worth $120,000 after acquiring an additional 886 shares in the last quarter. American International Group Inc. raised its position in shares of Capital Senior Living Corporation by 7.0% in the 1st quarter. American International Group Inc. now owns 17,313 shares of the company’s stock worth $243,000 after acquiring an additional 1,135 shares in the last quarter. Sei Investments Co. raised its position in shares of Capital Senior Living Corporation by 24.4% in the 1st quarter. Sei Investments Co. now owns 8,428 shares of the company’s stock worth $118,000 after acquiring an additional 1,654 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of Capital Senior Living Corporation by 28.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 18,822 shares of the company’s stock worth $286,000 after acquiring an additional 4,215 shares in the last quarter. 97.49% of the stock is owned by hedge funds and other institutional investors.

Several research analysts have recently commented on the company. Stifel Nicolaus boosted their price target on Capital Senior Living Corporation from $13.00 to $15.00 and gave the stock a “hold” rating in a research report on Wednesday, August 2nd. BidaskClub lowered Capital Senior Living Corporation from a “hold” rating to a “sell” rating in a research report on Wednesday, July 19th. Finally, Zacks Investment Research raised Capital Senior Living Corporation from a “sell” rating to a “hold” rating in a research report on Friday, August 11th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company. The stock presently 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 firm’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 sale, the vice president now directly owns 43,364 shares in the company, valued at $692,523.08. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 7.10% of the stock is owned by company insiders.

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Capital Senior Living Corporation (NYSE CSU) opened at 12.27 on Monday. Capital Senior Living Corporation has a 12 month low of $11.66 and a 12 month high of $17.89. The company’s 50-day moving average price is $12.76 and its 200 day moving average price is $14.09. The firm’s market capitalization is $361.97 million.

Capital Senior Living Corporation (NYSE:CSU) last posted its quarterly earnings results on Tuesday, August 1st. The company reported ($0.08) earnings per share for the quarter, beating the Zacks’ consensus estimate 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 company had revenue of $116.70 million for the quarter, compared to analysts’ expectations of $117.22 million. During the same period last year, the firm earned ($0.15) earnings per share. Capital Senior Living Corporation’s quarterly revenue was up 5.1% on a year-over-year basis. Analysts predict that Capital Senior Living Corporation will post ($1.58) EPS for the current year.

Capital Senior Living Corporation 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.

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

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