Susquehanna Fundamental Investments LLC Makes New $307,000 Investment in Consensus Cloud Solutions, Inc. (NASDAQ:CCSI)

Susquehanna Fundamental Investments LLC bought a new stake in Consensus Cloud Solutions, Inc. (NASDAQ:CCSI - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 12,882 shares of the company's stock, valued at approximately $307,000. Susquehanna Fundamental Investments LLC owned about 0.07% of Consensus Cloud Solutions at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. GAMMA Investing LLC raised its holdings in Consensus Cloud Solutions by 74.9% in the 4th quarter. GAMMA Investing LLC now owns 1,525 shares of the company's stock valued at $36,000 after buying an additional 653 shares during the last quarter. R Squared Ltd bought a new position in shares of Consensus Cloud Solutions during the fourth quarter valued at $42,000. AlphaQuest LLC lifted its holdings in shares of Consensus Cloud Solutions by 451.5% during the fourth quarter. AlphaQuest LLC now owns 2,173 shares of the company's stock worth $52,000 after purchasing an additional 1,779 shares during the period. Quantbot Technologies LP bought a new stake in shares of Consensus Cloud Solutions in the fourth quarter worth $81,000. Finally, SG Americas Securities LLC increased its holdings in Consensus Cloud Solutions by 19.8% in the fourth quarter. SG Americas Securities LLC now owns 7,509 shares of the company's stock valued at $179,000 after purchasing an additional 1,240 shares during the period. 93.93% of the stock is owned by institutional investors and hedge funds.

Consensus Cloud Solutions Stock Performance

Shares of CCSI stock traded up $0.13 during mid-day trading on Friday, hitting $22.51. The company's stock had a trading volume of 194,455 shares, compared to its average volume of 145,949. The company has a market cap of $439.87 million, a PE ratio of 4.87 and a beta of 1.48. The company's fifty day simple moving average is $21.64 and its 200-day simple moving average is $24.01. Consensus Cloud Solutions, Inc. has a 52 week low of $15.81 and a 52 week high of $32.10.

Consensus Cloud Solutions (NASDAQ:CCSI - Get Free Report) last issued its earnings results on Wednesday, February 19th. The company reported $1.09 earnings per share for the quarter, missing analysts' consensus estimates of $1.19 by ($0.10). The business had revenue of $86.98 million during 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, equities analysts anticipate that Consensus Cloud Solutions, Inc. will post 5.17 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts have commented on CCSI shares. Oppenheimer upped their price target on Consensus Cloud Solutions from $27.00 to $32.00 and gave the company an "outperform" rating in a research report on Thursday, February 20th. Citigroup upped their target price on Consensus Cloud Solutions from $19.00 to $20.00 and gave the company a "sell" rating in a report on Friday, January 17th. Two analysts have rated the stock with a sell rating and three have issued a buy rating to the company. According to data from MarketBeat, Consensus Cloud Solutions has a consensus rating of "Hold" and a consensus target price 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.