Morgan Stanley trimmed its position in Capital Senior Living Co. (NYSE:CSU) by 8.1% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 164,025 shares of the company’s stock after selling 14,408 shares during the period. Morgan Stanley’s holdings in Capital Senior Living were worth $1,549,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CSU. Bank of America Corp DE lifted its position in Capital Senior Living by 15.9% in the second quarter. Bank of America Corp DE now owns 76,960 shares of the company’s stock worth $821,000 after purchasing an additional 10,549 shares during the period. Victory Capital Management Inc. lifted its position in Capital Senior Living by 53.7% in the third quarter. Victory Capital Management Inc. now owns 168,833 shares of the company’s stock worth $1,594,000 after purchasing an additional 58,965 shares during the period. Wells Fargo & Company MN lifted its position in Capital Senior Living by 12.9% in the third quarter. Wells Fargo & Company MN now owns 48,381 shares of the company’s stock worth $457,000 after purchasing an additional 5,527 shares during the period. BlackRock Inc. lifted its position in Capital Senior Living by 6.4% in the third quarter. BlackRock Inc. now owns 2,243,721 shares of the company’s stock worth $21,180,000 after purchasing an additional 134,797 shares during the period. Finally, Prescott Group Capital Management L.L.C. lifted its position in Capital Senior Living by 118.6% in the third quarter. Prescott Group Capital Management L.L.C. now owns 138,247 shares of the company’s stock worth $1,305,000 after purchasing an additional 75,000 shares during the period. Hedge funds and other institutional investors own 80.42% of the company’s stock.

A number of equities research analysts have weighed in on the company. Zacks Investment Research upgraded Capital Senior Living from a “hold” rating to a “buy” rating and set a $6.50 target price for the company in a research report on Wednesday, February 27th. Barclays restated an “average” rating on shares of Capital Senior Living in a research report on Monday, February 18th. ValuEngine downgraded Capital Senior Living from a “strong-buy” rating to a “buy” rating in a research report on Thursday, December 27th. JMP Securities reaffirmed an “outperform” rating on shares of Capital Senior Living in a report on Monday, December 31st. Finally, Bank of America cut Capital Senior Living from a “neutral” rating to an “underperform” rating and set a $5.00 price target on the stock. in a report on Thursday, February 28th. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company’s stock. Capital Senior Living presently has an average rating of “Hold” and an average target price of $7.88.

In related news, Director E. Rodney Hornbake purchased 10,400 shares of the company’s stock in a transaction on Tuesday, March 12th. The shares were bought at an average price of $4.82 per share, with a total value of $50,128.00. Following the completion of the acquisition, the director now owns 47,225 shares of the company’s stock, valued at $227,624.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Kimberly Herman purchased 10,000 shares of the company’s stock in a transaction on Thursday, March 7th. The stock was bought at an average cost of $3.95 per share, for a total transaction of $39,500.00. Following the acquisition, the chief executive officer now directly owns 482,673 shares of the company’s stock, valued at approximately $1,906,558.35. The disclosure for this purchase can be found here. Insiders acquired 29,426 shares of company stock worth $125,806 in the last ninety days. 21.40% of the stock is owned by corporate insiders.

NYSE CSU opened at $4.45 on Friday. The firm has a market capitalization of $139.36 million, a price-to-earnings 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 current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 28.50.

Capital Senior Living (NYSE:CSU) last posted its quarterly earnings results on Thursday, February 28th. The company reported ($0.88) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.30) by ($0.58). Capital Senior Living had a negative net margin of 11.65% and a negative return on equity of 71.42%.

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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.

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

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