Two Sigma Investments LP boosted its position in shares of Consensus Cloud Solutions, Inc. (NASDAQ:CCSI - Free Report) by 93.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 28,012 shares of the company's stock after purchasing an additional 13,502 shares during the quarter. Two Sigma Investments LP owned approximately 0.15% of Consensus Cloud Solutions worth $668,000 at the end of the most recent reporting period.
A number of other institutional investors also recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Consensus Cloud Solutions by 4.6% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,342 shares of the company's stock worth $247,000 after purchasing an additional 456 shares in the last quarter. Lazard Asset Management LLC purchased a new stake in Consensus Cloud Solutions during the fourth quarter worth $1,263,000. Janus Henderson Group PLC boosted its position in Consensus Cloud Solutions by 3.0% during the fourth quarter. Janus Henderson Group PLC now owns 2,453,463 shares of the company's stock worth $58,540,000 after purchasing an additional 72,589 shares in the last quarter. Gates Capital Management Inc. boosted its position in Consensus Cloud Solutions by 1.0% during the fourth quarter. Gates Capital Management Inc. now owns 1,613,501 shares of the company's stock worth $38,498,000 after purchasing an additional 16,245 shares in the last quarter. Finally, Deutsche Bank AG boosted its position in Consensus Cloud Solutions by 10.7% during the fourth quarter. Deutsche Bank AG now owns 57,466 shares of the company's stock worth $1,371,000 after purchasing an additional 5,573 shares in the last quarter. 93.93% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Separately, Oppenheimer boosted their target price 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. Two research analysts have rated the stock with a sell rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $27.40.
Read Our Latest Report on CCSI
Consensus Cloud Solutions Trading Down 0.0%
Shares of NASDAQ:CCSI traded down $0.01 on Wednesday, hitting $22.99. The company had a trading volume of 101,609 shares, compared to its average volume of 139,868. Consensus Cloud Solutions, Inc. has a 52-week low of $15.81 and a 52-week high of $32.10. The business has a 50 day moving average of $21.12 and a 200 day moving average of $23.81. The company has a market cap of $449.25 million, a PE ratio of 4.98 and a beta of 1.50.
Consensus Cloud Solutions Company Profile
(
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.
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