Insider Selling: Capital Senior Living Co. (NYSE:CSU) Director Sells 6,000 Shares of Stock

Capital Senior Living Co. (NYSE:CSU) Director E. Rodney Hornbake sold 6,000 shares of Capital Senior Living stock in a transaction on Tuesday, November 14th. The stock was sold at an average price of $15.65, for a total transaction of $93,900.00. Following the transaction, the director now directly owns 25,599 shares of the company’s stock, valued at $400,624.35. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Capital Senior Living Co. (CSU) opened at $15.91 on Monday. Capital Senior Living Co. has a fifty-two week low of $11.60 and a fifty-two week high of $17.89. The company has a debt-to-equity ratio of 11.60, a current ratio of 0.64 and a quick ratio of 0.64.

Capital Senior Living (NYSE:CSU) last issued its earnings results on Wednesday, November 1st. The company reported ($0.07) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.19) by $0.12. Capital Senior Living had a negative return on equity of 8.97% and a negative net margin of 10.37%. The firm had revenue of $117.30 million for the quarter, compared to analyst estimates of $118.18 million. During the same quarter in the prior year, the firm earned ($0.02) earnings per share. Capital Senior Living’s revenue for the quarter was up 5.3% on a year-over-year basis. equities analysts expect that Capital Senior Living Co. will post -0.29 EPS for the current fiscal year.

A number of analysts have recently issued reports on CSU shares. Zacks Investment Research raised shares of Capital Senior Living from a “hold” rating to a “strong-buy” rating and set a $14.00 target price for the company in a research note on Thursday, October 26th. ValuEngine upgraded Capital Senior Living from a “sell” rating to a “hold” rating in a report on Thursday, November 2nd. Finally, Stifel Nicolaus reiterated a “hold” rating and issued a $15.00 target price (up from $13.00) on shares of Capital Senior Living in a report on Tuesday, August 8th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $16.67.

A number of institutional investors have recently added to or reduced their stakes in the business. California Public Employees Retirement System boosted its position in Capital Senior Living by 18.0% in the 3rd quarter. California Public Employees Retirement System now owns 112,589 shares of the company’s stock worth $1,413,000 after purchasing an additional 17,189 shares in the last quarter. Cubist Systematic Strategies LLC raised its stake in shares of Capital Senior Living by 178.7% during the 3rd quarter. Cubist Systematic Strategies LLC now owns 22,471 shares of the company’s stock worth $282,000 after buying an additional 14,408 shares during the period. Perceptive Advisors LLC raised its stake in shares of Capital Senior Living by 5.7% during the 3rd quarter. Perceptive Advisors LLC now owns 560,173 shares of the company’s stock worth $7,031,000 after buying an additional 30,000 shares during the period. Oppenheimer Asset Management Inc. raised its stake in shares of Capital Senior Living by 14,047.6% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 41,877 shares of the company’s stock worth $526,000 after buying an additional 41,581 shares during the period. Finally, Schwab Charles Investment Management Inc. raised its stake in shares of Capital Senior Living by 5.5% during the 3rd quarter. Schwab Charles Investment Management Inc. now owns 118,437 shares of the company’s stock worth $1,487,000 after buying an additional 6,128 shares during the period. Institutional investors and hedge funds own 97.84% of the company’s stock.

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About Capital Senior Living

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.

Insider Buying and Selling by Quarter for Capital Senior Living (NYSE:CSU)

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