Capital Senior Living Corporation (NYSE:CSU) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a note issued to investors on Friday.

According to Zacks, “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. “

A number of other analysts also recently weighed in on the stock. Stifel Nicolaus boosted their target price on shares of Capital Senior Living Corporation from $13.00 to $15.00 and gave the stock a “hold” rating in a report on Wednesday. BidaskClub downgraded shares of Capital Senior Living Corporation from a “sell” rating to a “strong sell” rating in a report on Tuesday, August 1st. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company’s stock. Capital Senior Living Corporation has a consensus rating of “Hold” and an average price target of $17.33.

Capital Senior Living Corporation (NYSE:CSU) traded up 1.23% on Friday, hitting $13.12. 209,857 shares of the stock traded hands. Capital Senior Living Corporation has a 52-week low of $12.50 and a 52-week high of $18.48. The company’s 50 day moving average price is $14.97 and its 200-day moving average price is $14.93. The stock’s market cap is $398.06 million.

Capital Senior Living Corporation (NYSE:CSU) last announced its quarterly earnings results on Tuesday, August 1st. The company reported ($0.08) EPS for the quarter, topping the consensus estimate of ($0.16) by $0.08. The business had revenue of $116.70 million for the quarter, compared to analysts’ expectations of $117.22 million. Capital Senior Living Corporation had a negative net margin of 10.28% and a negative return on equity of 6.73%. The business’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.15) EPS. On average, analysts forecast that Capital Senior Living Corporation will post ($1.54) earnings per share for the current fiscal year.

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In related news, VP Joseph G. Solari sold 3,000 shares of the company’s stock in a transaction dated Wednesday, June 21st. The shares were sold at an average price of $15.97, for a total transaction of $47,910.00. Following the transaction, the vice president now directly owns 43,364 shares in the company, valued at approximately $692,523.08. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 7.10% of the company’s stock.

Large investors have recently added to or reduced their stakes in the stock. State Street Corp boosted its stake in Capital Senior Living Corporation by 7.6% in the fourth quarter. State Street Corp now owns 588,250 shares of the company’s stock valued at $9,441,000 after buying an additional 41,795 shares during the period. Nuveen Asset Management LLC boosted its stake in Capital Senior Living Corporation by 54.8% in the first quarter. Nuveen Asset Management LLC now owns 390,841 shares of the company’s stock valued at $5,495,000 after buying an additional 138,437 shares during the period. OppenheimerFunds Inc. boosted its stake in Capital Senior Living Corporation by 2.5% in the first quarter. OppenheimerFunds Inc. now owns 23,152 shares of the company’s stock valued at $326,000 after buying an additional 555 shares during the period. KRV Capital LP bought a new stake in Capital Senior Living Corporation during the first quarter valued at about $2,840,000. Finally, Trexquant Investment LP bought a new stake in Capital Senior Living Corporation during the first quarter valued at about $195,000. 98.53% of the stock is owned by institutional investors.

About Capital Senior Living Corporation

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.

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