Chicago Capital LLC Grows Position in Consensus Cloud Solutions, Inc. $CCSI

Chicago Capital LLC grew its stake in shares of Consensus Cloud Solutions, Inc. (NASDAQ:CCSI) by 3.0% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 127,921 shares of the company’s stock after buying an additional 3,692 shares during the period. Chicago Capital LLC owned 0.65% of Consensus Cloud Solutions worth $2,950,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. Janney Montgomery Scott LLC purchased a new position in Consensus Cloud Solutions during the second quarter worth $410,000. SummerHaven Investment Management LLC increased its position in Consensus Cloud Solutions by 1.7% during the second quarter. SummerHaven Investment Management LLC now owns 45,826 shares of the company’s stock worth $1,057,000 after buying an additional 760 shares in the last quarter. Strs Ohio purchased a new position in Consensus Cloud Solutions during the first quarter worth $134,000. Acadian Asset Management LLC increased its position in Consensus Cloud Solutions by 117.8% during the first quarter. Acadian Asset Management LLC now owns 15,416 shares of the company’s stock worth $354,000 after buying an additional 8,339 shares in the last quarter. Finally, Jane Street Group LLC purchased a new position in Consensus Cloud Solutions during the first quarter worth $632,000. Hedge funds and other institutional investors own 93.93% of the company’s stock.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded Consensus Cloud Solutions from a “hold” rating to a “buy” rating in a report on Saturday, July 26th. Three research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $29.00.

Consensus Cloud Solutions Trading Up 0.2%

Shares of Consensus Cloud Solutions stock opened at $29.46 on Tuesday. Consensus Cloud Solutions, Inc. has a twelve month low of $17.84 and a twelve month high of $32.10. The stock has a market capitalization of $559.06 million, a P/E ratio of 7.10 and a beta of 1.51. The business’s fifty day moving average price is $25.47 and its 200 day moving average price is $23.14.

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.