Capital Senior Living Co. (NYSE:CSU) Stock Position Cut by Morgan Stanley

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Morgan Stanley lessened its stake in Capital Senior Living Co. (NYSE:CSU) by 11.1% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 116,640 shares of the company’s stock after selling 14,604 shares during the period. Morgan Stanley owned 0.37% of Capital Senior Living worth $587,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Marshall Wace LLP bought a new position in Capital Senior Living in the 1st quarter valued at about $26,000. Tower Research Capital LLC TRC boosted its position in shares of Capital Senior Living by 921.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 5,963 shares of the company’s stock valued at $30,000 after purchasing an additional 5,379 shares in the last quarter. Aperio Group LLC bought a new position in shares of Capital Senior Living during the 2nd quarter valued at about $32,000. Bank of Montreal Can boosted its position in shares of Capital Senior Living by 66.8% during the 2nd quarter. Bank of Montreal Can now owns 11,086 shares of the company’s stock valued at $56,000 after purchasing an additional 4,439 shares in the last quarter. Finally, Alambic Investment Management L.P. bought a new position in shares of Capital Senior Living during the 2nd quarter valued at about $90,000. Hedge funds and other institutional investors own 68.27% of the company’s stock.

Several equities analysts have recently weighed in on the stock. ValuEngine lowered shares of Capital Senior Living from a “strong-buy” rating to a “buy” rating in a research report on Thursday, September 5th. Pi Financial assumed coverage on shares of Capital Senior Living in a research report on Thursday, October 10th. They set a “neutral” rating for the company. Barclays assumed coverage on shares of Capital Senior Living in a research report on Tuesday, September 3rd. They set an “underweight” rating and a $3.00 price objective for the company. CIBC restated an “average” rating on shares of Capital Senior Living in a research report on Monday, August 12th. Finally, Raymond James restated a “market perform” rating on shares of Capital Senior Living in a research report on Saturday, November 2nd. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $3.99.

NYSE:CSU opened at $4.18 on Friday. Capital Senior Living Co. has a twelve month low of $3.48 and a twelve month high of $9.64. The company has a 50-day moving average of $4.31 and a 200-day moving average of $4.45. The firm has a market cap of $127.72 million, a price-to-earnings ratio of -4.98 and a beta of 1.02. The company has a current ratio of 0.54, a quick ratio of 0.54 and a debt-to-equity ratio of 51.53.

Capital Senior Living (NYSE:CSU) last announced its earnings results on Thursday, November 7th. The company reported ($0.68) EPS for the quarter, missing the consensus estimate of ($0.35) by ($0.33). Capital Senior Living had a negative return on equity of 77.25% and a negative net margin of 13.73%. The firm had revenue of $111.11 million during the quarter, compared to analyst estimates of $113.83 million. On average, research analysts forecast that Capital Senior Living Co. will post -1.14 earnings per share for the current year.

Capital Senior Living Profile

Capital Senior Living Corporation develops, owns, operates, and manages senior housing communities in the United States. The company provides senior living services to the elderly, including independent living, assisted living, and memory 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 exercise and fitness classes.

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

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