1 day Ago By ABMN Staff
Bank of New York Mellon Corp boosted its stake in shares of Consensus Cloud Solutions, Inc. ( NASDAQ:CCSI – Free Report ) by 3.3% in the 2nd quarter, according to the company in its most recent disclosure with the SEC.
The firm owned 98,013 shares of the company’s stock after buying an additional 3,144 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.51% of Consensus Cloud Solutions worth $1,684,000 as of its most recent SEC filing.
Several other institutional investors also recently added to or reduced their stakes in CCSI. Charles Schwab Investment Management Inc. grew its position in Consensus Cloud Solutions by 13.
2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 269,965 shares of the company’s stock valued at $7,076,000 after buying an additional 31,433 shares during the period.
Trexquant Investment LP purchased a new stake in shares of Consensus Cloud Solutions in the fourth quarter worth about $923,000. Aristides Capital LLC purchased a new stake in shares of Consensus Cloud Solutions in the fourth quarter worth about $252,000. PNC Financial Services Group Inc.
lifted its holdings in shares of Consensus Cloud Solutions by 132.0% in the fourth quarter. PNC Financial Services Group Inc.
now owns 1,691 shares of the company’s stock worth $44,000 after buying an additional 962 shares in the last quarter. Finally, Bridge City Capital LLC lifted its holdings in shares of Consensus Cloud Solutions by 2.2% in the first quarter.
Bridge City Capital LLC now owns 57,577 shares of the company’s stock worth $913,000 after buying an additional 1,245 shares in the last quarter. Institutional investors own 93.93% of the company’s stock.
Consensus Cloud Solutions Stock Performance Shares of Consensus Cloud Solutions stock opened at $23.10 on Thursday. The stock has a market capitalization of $443.
98 million, a price-to-earnings ratio of 5.10 and a beta of 1.38.
The company’s 50 day moving average price is $21.20 and its 200-day moving average price is $17.71.
Consensus Cloud Solutions, Inc. has a 52-week low of $11.62 and a 52-week high of $28.
09. Analyst Upgrades and Downgrades CCSI has been the topic of a number of recent analyst reports. JPMorgan Chase & Co.
downgraded shares of Consensus Cloud Solutions from a “neutral” rating to an “underweight” rating and raised their target price for the company from $19.00 to $21.00 in a research note on Monday, September 9th.
Oppenheimer increased their price target on shares of Consensus Cloud Solutions from $20.00 to $23.00 and gave the company an “outperform” rating in a research report on Friday, August 9th.
Finally, BTIG Research upgraded shares of Consensus Cloud Solutions from a “neutral” rating to a “buy” rating and set a $30.00 price target on the stock in a research report on Wednesday, August 21st. Two equities research analysts have rated the stock with a sell rating and three have given a buy rating to the company’s stock.
Based on data from MarketBeat.com, Consensus Cloud Solutions presently has a consensus rating of “Hold” and an average target price of $23.60.
Get Our Latest Report on CCSI About Consensus Cloud Solutions ( Free Report ) Consensus Cloud Solutions, Inc, together with its subsidiaries, provides information delivery services with a software-as-a-service platform worldwide. The company offers eFax Corporate, a digital cloud-fax technology; Unite, a single platform that allows the user to choose between various protocols to send and receive healthcare information and can integrate into an existing electronic health record system or stand-alone if no EHR is present. Featured Stories Receive News & Ratings for Consensus Cloud Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Consensus Cloud Solutions and related companies with MarketBeat.
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