Notable Price Action: What’s Ahead for Capital Senior Living Corporation After Today’s Huge Increase?

Notable Price Action: What's Ahead for Capital Senior Living Corporation After Today's Huge Increase?

The stock of Capital Senior Living Corporation (NYSE:CSU) is a huge mover today! About 286,161 shares traded hands. Capital Senior Living Corporation (NYSE:CSU) has declined 28.26% since April 5, 2016 and is downtrending. It has underperformed by 30.22% the S&P500.
The move comes after 5 months positive chart setup for the $434.55 million company. It was reported on Nov, 8 by Barchart.com. We have $24.90 PT which if reached, will make NYSE:CSU worth $338.95 million more.

Capital Senior Living Corporation (NYSE:CSU) Ratings Coverage

Out of 2 analysts covering Capital Senior (NYSE:CSU), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Capital Senior has been the topic of 3 analyst reports since September 4, 2015 according to StockzIntelligence Inc. The firm has “Market Outperform” rating by JMP Securities given on Wednesday, August 24. The stock has “Buy” rating given by Sidoti on Friday, September 4.

According to Zacks Investment Research, “Capital Senior Living Corporation is one of the largest providers of senior living services in the United States. The Company currently owns interests in and/or operates 33 communities in 17 states with a capacity of approximately 5,000 residents, including 17 communities in which it owns interests, 15 communities that it manages for third parties. The Company also operates one home health care agency.”

Insitutional Activity: The institutional sentiment decreased to 1 in 2016 Q2. Its down 0.65, from 1.65 in 2016Q1. The ratio fall, as 8 funds sold all Capital Senior Living Corporation shares owned while 37 reduced positions. 10 funds bought stakes while 35 increased positions. They now own 26.63 million shares or 3.65% less from 27.64 million shares in 2016Q1.
Deutsche National Bank Ag holds 0% of its portfolio in Capital Senior Living Corporation (NYSE:CSU) for 15,083 shares. Hbk Invs L P, a Texas-based fund reported 28,800 shares. Northpointe Cap Lc has 627,619 shares for 1.31% of their US portfolio. Hatteras Funds Ltd Liability has 1.15% invested in the company for 11,654 shares. Mountain Lake Invest Management Ltd Liability Company, a California-based fund reported 735,000 shares. Next holds 50 shares or 0% of its portfolio. Citigroup Inc has invested 0% of its portfolio in Capital Senior Living Corporation (NYSE:CSU). Nationwide Fund accumulated 0% or 19,166 shares. Falcon Point Limited Liability, a California-based fund reported 643,958 shares. Parametric Port Assoc last reported 230,725 shares in the company. Jefferies Gru Lc last reported 14,414 shares in the company. Credit Suisse Ag holds 0% or 44,825 shares in its portfolio. Macquarie Grp Ltd last reported 90,501 shares in the company. Raymond James Fin Service Advisors accumulated 0% or 15,522 shares. Blackrock Institutional Tru Na reported 784,693 shares or 0% of all its holdings.

Insider Transactions: Since May 27, 2016, the stock had 0 insider purchases, and 3 insider sales for $1.60 million net activity. HOLLISTER ROBERT F sold 1,005 shares worth $18,130. Shares for $59,038 were sold by Boemer Greg on Thursday, June 9. Another trade for 80,000 shares valued at $1.53 million was made by COHEN LAWRENCE A on Tuesday, June 7.

More notable recent Capital Senior Living Corporation (NYSE:CSU) news were published by: Businesswire.com which released: “Capital Senior Living Corporation Reports Third Quarter 2016 Results” on November 01, 2016, also Zacks.com with their article: “Should You Get Rid of Capital Senior Living (CSU) Now?” published on November 07, 2016, Bloomberg.com published: “Capital Senior Living Urged to Seek Sale by Activist Red Alder” on December 10, 2015. More interesting news about Capital Senior Living Corporation (NYSE:CSU) were released by: Businesswire.com and their article: “Capital Senior Living Corporation and Lucus Advisors LLC Reach Agreement” published on March 21, 2016 as well as Businesswire.com‘s news article titled: “Capital Senior Living Corporation Announces Release Date for Third Quarter …” with publication date: October 18, 2016.

CSU Company Profile

Capital Senior Living Corporation, incorporated on October 25, 1996, is an operator of senior living communities in the United States in terms of resident capacity. The Firm operates over 12 senior living communities in approximately 20 states with an aggregate capacity of approximately 15,400 residents, including over 70 senior living communities, which the Company owns and over 50 senior living communities the Company leases. The Firm also operates a home care agency. The Firm provides senior living services to the elderly, including independent living and assisted living services, and also provides home care services at one of its communities. The Company’s continuum of care integrates independent living and assisted living and is bridged by home care through independent home care agencies or the Company’s home care agency, sustains residents’ autonomy and independence based on their physical and mental abilities.

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