The stock last traded at $17.90 a tad higher than $16.94, the 50 day moving average and which is marginally lower than the 200 day moving average of $18.00. The 50 day moving average was up by +5.64% whereas the 200 day moving average was down $-0.10 or -0.57%. Trading volume for Civitas Solutions, Inc. was 37K by the end of trading on Thursday. Volume was down 69.17% under the stocks average daily volume.
There has been some selling insider activity on Civitas Solutions, Inc. (NYSE:CIVI) recently. Renzo Linda De, * See Remarks sold $93,600 worth of shares at a price of $18.72 on Wed the 10th. That brings De’s holdings to $3,581,772 as recorded in a recent Form 4 SEC filing. Denis M. Holler, CFO disclosed the sale of 22,679 shares of CIVI stock. The shares sold for $18.72. Holler now owns $6,054,872 of the stock per the Form 4 SEC filing.
Denis M. Holler, CFO let go of $7,831 worth of shares at an average price of $18.60 on May 8th. That brings the CFO’s holdings to $6,437,888 as reported to the SEC.
These funds have also shifted positions in (CIVI). As of quarter end Bank Of Montreal /can/ had bought a total of 3,266 shares growing its position 2,815.5%. The value of the company’s investment in Civitas Solutions, Inc. increased from $2,000 to $59,000 a change of $57,000 since the last quarter. Morgan Stanley added to its stake by buying 138 shares an increase of 9.5%. Morgan Stanley currently owns 1,595 shares with a value of $29,000. The value of the position overall is down by 0.0%.
Tower Research Capital LLC (trc) downsized its position by shedding 223 shares a decrease of 20.6% as of 03/31/2017. Tower Research Capital LLC (trc) now holds 861 shares worth $16,000. The total value of its holdings decreased 27.3%. As of the end of the quarter Goldman Sachs Group Inc had disposed of 33,145 shares trimming its stake by 66.7%. The value of the investment in Civitas Solutions, Inc. went from $990,000 to $304,000 decreasing 69.3% quarter over quarter.
February 10 investment analysts at Barclays held the company rating at “Overweight” but lowered the price expectation to $26.00 from $34.00. On February 10 SunTrust Robinson Humphrey held the stock rating at “Buy” but moved down the price target from $34.00 to $30.00.
January 6 investment analysts at Barclays kept the stock rating at “Overweight” and moved up the price target from $30.00 to $34.00. December 11 investment analysts at Barclays kept the company rating at “Overweight” and raised the price target to $30.00 from $28.00.
On November 19, 2015 the stock rating was set at “Outperform” according to a Raymond James report down from the previous “” rating. Canaccord Genuity began coverage with a rating of “Buy” and setting a price target of $29.00.
The company is now up by 4.68 percent from yesterday’s close. Civitas Solutions, Inc.’s P/E ratio is 39.00 and market cap is 667.90M. As of the last earnings report the EPS was $0.46 and is estimated to be $0.71 for the current year with 37,313,000 shares now outstanding. Next quarter’s EPS is forecasted at $0.24 with next year’s EPS projected to be $0.89.
Civitas Solutions, Inc., launched on June 15, 2007, 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 Business’s clinicians and caregivers develop customized service plans, delivered in non-institutional settings, designed to address a range of often life-long conditions. The Company operates through two segments: Human Services and Post-Acute Specialty Rehabilitation Services (SRS). The Company serves individuals with a range of special needs and disabilities, such as individuals with intellectual and/or developmental disabilities (I/DD); individuals with catastrophic injuries and illnesses, particularly acquired brain injury (ABI); youth with emotional, behavioral and/or medically complex challenges or at-risk youth (ARY), and elders in need of day health services to support their independence or adult day health (ADH). As of September 30, 2016, the Company operated in 35 states, serving over 11,500 clients in residential settings and over 16,500 clients in non-residential settings..