Capital Senior Living (NYSE:CSU) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report released on Monday, Zacks.com reports. The brokerage currently has a $6.00 target price on the stock. Zacks Investment Research‘s price objective points to a potential upside of 12.15% from the company’s current price.

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 have also recently weighed in on CSU. ValuEngine cut Intersect ENT from a “buy” rating to a “hold” rating in a research report on Monday, June 3rd. Raymond James set a $60.00 price target on Banner and gave the stock a “buy” rating in a research report on Friday, May 3rd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the stock. Capital Senior Living presently has a consensus rating of “Hold” and a consensus target price of $7.75.

Shares of Capital Senior Living stock traded down $0.04 on Monday, reaching $5.35. 169,500 shares of the company were exchanged, compared to its average volume of 290,298. The company has a debt-to-equity ratio of 35.32, a quick ratio of 0.57 and a current ratio of 0.57. The stock has a 50-day moving average price of $4.90. The stock has a market capitalization of $171.14 million, a price-to-earnings ratio of -6.37 and a beta of 0.96. Capital Senior Living has a 1-year low of $3.48 and a 1-year high of $10.33.

Capital Senior Living (NYSE:CSU) last announced its quarterly earnings results on Thursday, May 9th. The company reported ($0.20) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.34) by $0.14. The business had revenue of $114.18 million for the quarter, compared to analysts’ expectations of $116.14 million. Capital Senior Living had a negative return on equity of 52.78% and a negative net margin of 12.93%. Research analysts forecast that Capital Senior Living will post -1.23 earnings per share for the current year.

In other Capital Senior Living news, major shareholder Sam Levinson acquired 900,000 shares of the firm’s stock in a transaction that occurred on Friday, June 28th. The stock was acquired at an average cost of $5.03 per share, with a total value of $4,527,000.00. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, VP Gloria Holland sold 10,000 shares of the stock in a transaction that occurred on Tuesday, May 28th. The stock was sold at an average price of $3.80, for a total value of $38,000.00. Following the completion of the transaction, the vice president now directly owns 18,067 shares of the company’s stock, valued at $68,654.60. The disclosure for this sale can be found here. Insiders have bought a total of 1,365,518 shares of company stock worth $6,563,246 over the last quarter. Insiders own 18.60% of the company’s stock.

Hedge funds have recently modified their holdings of the stock. Marshall Wace LLP bought a new position in Capital Senior Living in the 1st quarter worth approximately $26,000. Bank of Montreal Can boosted its stake in Capital Senior Living by 301.9% during the 1st quarter. Bank of Montreal Can now owns 6,647 shares of the company’s stock valued at $27,000 after purchasing an additional 4,993 shares in the last quarter. Legal & General Group Plc boosted its stake in Capital Senior Living by 58.2% during the 4th quarter. Legal & General Group Plc now owns 5,868 shares of the company’s stock valued at $40,000 after purchasing an additional 2,159 shares in the last quarter. Spark Investment Management LLC bought a new position in Capital Senior Living during the 1st quarter valued at $104,000. Finally, Bank of America Corp DE boosted its stake in Capital Senior Living by 23.7% during the 4th quarter. Bank of America Corp DE now owns 36,357 shares of the company’s stock valued at $247,000 after purchasing an additional 6,966 shares in the last quarter. 75.87% of the stock is owned by institutional investors and hedge funds.

About Capital Senior Living

Capital Senior Living Corporation develops, owns, operates, and manages senior housing communities in the United States. The company provides senior living services to the elderly, including independent living, assisted living, and memory 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 exercise and fitness classes.

Read More: How dollar cost averaging works

Get a free copy of the Zacks research report on Capital Senior Living (CSU)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Analyst Recommendations for Capital Senior Living (NYSE:CSU)

Receive News & Ratings for Capital Senior Living Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital Senior Living and related companies with MarketBeat.com's FREE daily email newsletter.