Civitas Solutions, Inc. (NYSE:CIVI) CFO Denis M. Holler sold 528 shares of the company’s stock in a transaction dated Thursday, September 21st. The stock was sold at an average price of $19.10, for a total value of $10,084.80. Following the completion of the sale, the chief financial officer now owns 296,601 shares in the company, valued at approximately $5,665,079.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of Civitas Solutions, Inc. (CIVI) traded down 1.31% during trading on Friday, reaching $18.90. The company’s stock had a trading volume of 30,297 shares. The firm has a market capitalization of $706.14 million, a P/E ratio of 36.35 and a beta of 0.43. The company has a 50 day moving average price of $18.18 and a 200 day moving average price of $17.64. Civitas Solutions, Inc. has a 52 week low of $15.40 and a 52 week high of $20.98.

Civitas Solutions (NYSE:CIVI) last announced its quarterly earnings data on Wednesday, August 9th. The company reported $0.20 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.19 by $0.01. Civitas Solutions had a return on equity of 17.01% and a net margin of 1.35%. The company had revenue of $377.80 million for the quarter, compared to analyst estimates of $376.51 million. During the same quarter in the previous year, the company earned $0.13 EPS. The firm’s revenue for the quarter was up 5.4% compared to the same quarter last year. On average, equities research analysts expect that Civitas Solutions, Inc. will post $0.69 EPS for the current fiscal year.

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A number of analysts have recently commented on the company. Zacks Investment Research downgraded Civitas Solutions from a “hold” rating to a “sell” rating in a research note on Friday, August 11th. BidaskClub upgraded Civitas Solutions from a “sell” rating to a “hold” rating in a research note on Monday, August 14th. One analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company’s stock. Civitas Solutions has a consensus rating of “Hold” and a consensus price target of $23.50.

Large investors have recently made changes to their positions in the company. Victory Capital Management Inc. purchased a new stake in shares of Civitas Solutions during the 1st quarter worth approximately $109,000. Bank of Montreal Can boosted its stake in shares of Civitas Solutions by 614.8% during the 2nd quarter. Bank of Montreal Can now owns 6,648 shares of the company’s stock worth $116,000 after acquiring an additional 5,718 shares in the last quarter. American International Group Inc. boosted its stake in shares of Civitas Solutions by 7.1% during the 1st quarter. American International Group Inc. now owns 9,298 shares of the company’s stock worth $171,000 after acquiring an additional 617 shares in the last quarter. Martingale Asset Management L P purchased a new stake in shares of Civitas Solutions during the 2nd quarter worth approximately $186,000. Finally, Parametric Portfolio Associates LLC purchased a new stake in shares of Civitas Solutions during the 2nd quarter worth approximately $211,000. 93.97% of the stock is currently owned by institutional investors and hedge funds.

Civitas Solutions Company Profile

Civitas Solutions, Inc is a provider of home- and community-based health and human services to individuals with intellectual, developmental, physical or behavioral disabilities and other special needs. The Company operates through two segments: Human Services and Post-Acute Specialty Rehabilitation Services (SRS).

Insider Buying and Selling by Quarter for Civitas Solutions (NYSE:CIVI)

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