Public Employees Retirement System of Ohio Raises Holdings in Consensus Cloud Solutions, Inc. (NASDAQ:CCSI)

Public Employees Retirement System of Ohio increased its holdings in Consensus Cloud Solutions, Inc. (NASDAQ:CCSI - Free Report) by 7,727.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 54,712 shares of the company's stock after purchasing an additional 54,013 shares during the quarter. Public Employees Retirement System of Ohio owned 0.28% of Consensus Cloud Solutions worth $1,305,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. Two Sigma Investments LP raised its holdings in Consensus Cloud Solutions by 93.1% in the 4th quarter. Two Sigma Investments LP now owns 28,012 shares of the company's stock worth $668,000 after purchasing an additional 13,502 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Consensus Cloud Solutions by 4.6% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,342 shares of the company's stock worth $247,000 after buying an additional 456 shares in the last quarter. Lazard Asset Management LLC purchased a new stake in Consensus Cloud Solutions during the 4th quarter worth approximately $1,263,000. Janus Henderson Group PLC increased its stake in Consensus Cloud Solutions by 3.0% during the 4th quarter. Janus Henderson Group PLC now owns 2,453,463 shares of the company's stock worth $58,540,000 after buying an additional 72,589 shares in the last quarter. Finally, Gates Capital Management Inc. increased its stake in Consensus Cloud Solutions by 1.0% during the 4th quarter. Gates Capital Management Inc. now owns 1,613,501 shares of the company's stock worth $38,498,000 after buying an additional 16,245 shares in the last quarter. Institutional investors and hedge funds own 93.93% of the company's stock.

Consensus Cloud Solutions Stock Performance

Shares of CCSI stock traded up $0.40 during trading hours on Friday, reaching $22.76. The company had a trading volume of 103,253 shares, compared to its average volume of 140,367. The stock has a fifty day moving average of $21.06 and a 200-day moving average of $23.83. The company has a market capitalization of $444.75 million, a price-to-earnings ratio of 4.93 and a beta of 1.50. Consensus Cloud Solutions, Inc. has a 12-month low of $15.81 and a 12-month high of $32.10.

Analysts Set New Price Targets

Separately, Oppenheimer boosted their price objective on Consensus Cloud Solutions from $27.00 to $32.00 and gave the stock an "outperform" rating in a research note on Thursday, February 20th. Two investment analysts have rated the stock with a sell rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $27.40.

Consensus Cloud Solutions Company Profile

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.