Capital Senior Living Co. (NYSE:CSU) Director E. Rodney Hornbake bought 10,400 shares of the stock in a transaction on Tuesday, March 12th. The shares were acquired at an average price of $4.82 per share, with a total value of $50,128.00. Following the purchase, the director now owns 47,225 shares of the company’s stock, valued at $227,624.50. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
CSU stock remained flat at $$4.45 during trading on Friday. 1,009,500 shares of the company traded hands, compared to its average volume of 258,763. The firm has a market capitalization of $146.25 million, a P/E ratio of -15.34 and a beta of 0.91. Capital Senior Living Co. has a 1-year low of $3.82 and a 1-year high of $12.45. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 28.50.
Capital Senior Living (NYSE:CSU) last posted its quarterly earnings data on Thursday, February 28th. The company reported ($0.88) earnings per share for the quarter, missing the consensus estimate of ($0.30) by ($0.58). Capital Senior Living had a negative return on equity of 71.42% and a negative net margin of 11.65%.
A number of hedge funds have recently bought and sold shares of the stock. Legal & General Group Plc lifted its holdings in Capital Senior Living by 58.2% in the 4th quarter. Legal & General Group Plc now owns 5,868 shares of the company’s stock valued at $40,000 after acquiring an additional 2,159 shares during the last quarter. FNY Investment Advisers LLC acquired a new stake in Capital Senior Living in the 4th quarter valued at about $45,000. Virtu Financial LLC acquired a new stake in Capital Senior Living in the 4th quarter valued at about $76,000. Cullen Capital Management LLC acquired a new stake in Capital Senior Living in the 3rd quarter valued at about $207,000. Finally, Bridgeway Capital Management Inc. acquired a new stake in Capital Senior Living in the 3rd quarter valued at about $288,000. 80.42% of the stock is owned by institutional investors and hedge funds.
CSU has been the subject of several recent research reports. Zacks Investment Research lowered shares of Capital Senior Living from a “buy” rating to a “hold” rating in a research note on Tuesday, February 12th. Bank of America lowered shares of Capital Senior Living from a “neutral” rating to an “underperform” rating and set a $5.00 target price for the company. in a research note on Thursday, February 28th. JMP Securities reiterated an “outperform” rating on shares of Capital Senior Living in a research note on Monday, December 31st. ValuEngine downgraded shares of Capital Senior Living from a “strong-buy” rating to a “buy” rating in a report on Thursday, December 27th. Finally, Barclays reissued an “average” rating on shares of Capital Senior Living in a report on Monday, February 18th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company’s stock. Capital Senior Living currently has an average rating of “Hold” and an average price target of $7.88.
ILLEGAL ACTIVITY WARNING: This news story was reported by Transcript Daily and is the sole property of of Transcript Daily. If you are accessing this news story on another publication, it was copied illegally and reposted in violation of international trademark and copyright laws. The legal version of this news story can be read at https://transcriptdaily.com/2019/03/16/e-rodney-hornbake-buys-10400-shares-of-capital-senior-living-co-csu-stock.html.
Capital Senior Living Company Profile
Capital Senior Living Corporation owns, operates, develops, and manages senior housing communities in the United States. The company provides senior living services to the elderly, including independent and assisted living, and home care services. Its independent living services comprise daily meals, transportation, social and recreational activities, laundry, housekeeping, and 24-hour staffing; and access to health screenings, periodic special services, and dietary and similar programs, as well as ongoing exercise and fitness classes.
Recommended Story: Price to Earnings Ratio (PE) Basics
Receive News & Ratings for Capital Senior Living Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital Senior Living and related companies with MarketBeat.com's FREE daily email newsletter.