8,801 Shares in Consensus Cloud Solutions, Inc. (NASDAQ:CCSI) Purchased by WINTON GROUP Ltd

WINTON GROUP Ltd acquired a new stake in Consensus Cloud Solutions, Inc. (NASDAQ:CCSI) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 8,801 shares of the company’s stock, valued at approximately $210,000.

A number of other institutional investors also recently modified their holdings of the stock. Cerity Partners LLC increased its holdings in shares of Consensus Cloud Solutions by 272.4% in the third quarter. Cerity Partners LLC now owns 59,442 shares of the company’s stock valued at $1,400,000 after purchasing an additional 43,482 shares in the last quarter. Martingale Asset Management L P boosted its position in Consensus Cloud Solutions by 87.8% in the 3rd quarter. Martingale Asset Management L P now owns 24,477 shares of the company’s stock valued at $576,000 after buying an additional 11,444 shares during the last quarter. Janus Henderson Group PLC lifted its holdings in Consensus Cloud Solutions by 26.4% in the third quarter. Janus Henderson Group PLC now owns 2,380,874 shares of the company’s stock valued at $56,070,000 after buying an additional 498,010 shares during the period. State Street Corp boosted its stake in Consensus Cloud Solutions by 15.1% in the third quarter. State Street Corp now owns 450,415 shares of the company’s stock valued at $10,607,000 after acquiring an additional 59,219 shares during the last quarter. Finally, Virtus Investment Advisers Inc. acquired a new stake in Consensus Cloud Solutions during the 3rd quarter worth $346,000. 93.93% of the stock is owned by institutional investors.

Consensus Cloud Solutions Trading Down 0.5 %

CCSI stock opened at $23.08 on Tuesday. The stock has a 50-day moving average price of $26.11 and a two-hundred day moving average price of $24.46. Consensus Cloud Solutions, Inc. has a 1 year low of $11.62 and a 1 year high of $32.10. The stock has a market cap of $450.66 million, a PE ratio of 5.00 and a beta of 1.45.

Consensus Cloud Solutions (NASDAQ:CCSI) last posted its quarterly earnings data on Wednesday, February 19th. The company reported $1.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.19 by ($0.10). The firm had revenue of $86.98 million for the quarter, compared to the consensus estimate of $85.07 million. Consensus Cloud Solutions had a negative return on equity of 83.93% and a net margin of 25.52%. On average, analysts forecast that Consensus Cloud Solutions, Inc. will post 5.17 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Oppenheimer raised their price target on Consensus Cloud Solutions from $27.00 to $32.00 and gave the stock an “outperform” rating in a research report on Thursday, February 20th. Citigroup increased their target price on Consensus Cloud Solutions from $19.00 to $20.00 and gave the company a “sell” rating in a research note on Friday, January 17th. Two equities research analysts have rated the stock with a sell rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $27.40.

About Consensus Cloud Solutions

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.