Boston Trust Walden Corp Has $60.31 Million Stock Position in CSG Systems International, Inc. (NASDAQ:CSGS)

Boston Trust Walden Corp lowered its holdings in shares of CSG Systems International, Inc. (NASDAQ:CSGS - Free Report) by 6.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 997,302 shares of the technology company's stock after selling 68,182 shares during the period. Boston Trust Walden Corp owned about 3.47% of CSG Systems International worth $60,307,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of CSGS. Hillsdale Investment Management Inc. bought a new position in shares of CSG Systems International during the fourth quarter valued at $4,222,000. GAMMA Investing LLC lifted its holdings in shares of CSG Systems International by 6,481.5% during the first quarter. GAMMA Investing LLC now owns 37,975 shares of the technology company's stock valued at $2,296,000 after acquiring an additional 37,398 shares during the period. River Road Asset Management LLC lifted its holdings in shares of CSG Systems International by 18.7% during the fourth quarter. River Road Asset Management LLC now owns 104,783 shares of the technology company's stock valued at $5,355,000 after acquiring an additional 16,519 shares during the period. Martingale Asset Management L P lifted its holdings in shares of CSG Systems International by 32.0% during the fourth quarter. Martingale Asset Management L P now owns 23,492 shares of the technology company's stock valued at $1,201,000 after acquiring an additional 5,700 shares during the period. Finally, Amundi lifted its holdings in shares of CSG Systems International by 1.0% during the fourth quarter. Amundi now owns 18,027 shares of the technology company's stock valued at $910,000 after acquiring an additional 179 shares during the period. Institutional investors and hedge funds own 91.07% of the company's stock.

CSG Systems International Price Performance

Shares of CSG Systems International stock traded down $1.10 during trading on Friday, reaching $62.29. The company's stock had a trading volume of 449,340 shares, compared to its average volume of 253,677. The stock has a 50-day moving average price of $62.82 and a two-hundred day moving average price of $59.52. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 1.90. CSG Systems International, Inc. has a one year low of $39.86 and a one year high of $67.60. The stock has a market capitalization of $1.81 billion, a P/E ratio of 21.26, a price-to-earnings-growth ratio of 1.61 and a beta of 0.90.

CSG Systems International (NASDAQ:CSGS - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The technology company reported $1.14 EPS for the quarter, topping analysts' consensus estimates of $1.00 by $0.14. The firm had revenue of $271.55 million during the quarter, compared to analyst estimates of $274.10 million. CSG Systems International had a return on equity of 39.79% and a net margin of 6.95%. The company's revenue was up 1.5% on a year-over-year basis. During the same period last year, the company earned $1.01 earnings per share. As a group, sell-side analysts anticipate that CSG Systems International, Inc. will post 3.83 EPS for the current fiscal year.

CSG Systems International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 2nd. Investors of record on Wednesday, June 18th will be given a $0.32 dividend. The ex-dividend date of this dividend is Wednesday, June 18th. This represents a $1.28 dividend on an annualized basis and a yield of 2.05%. CSG Systems International's payout ratio is 43.69%.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. Wall Street Zen cut CSG Systems International from a "strong-buy" rating to a "buy" rating in a report on Saturday. Sidoti raised CSG Systems International to a "strong-buy" rating in a report on Monday, May 19th. Finally, Wells Fargo & Company cut their price target on CSG Systems International from $65.00 to $58.00 and set an "equal weight" rating for the company in a report on Tuesday, April 22nd. One equities research analyst has rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Buy" and an average target price of $70.71.

About CSG Systems International

CSG Systems International, Inc, together with its subsidiaries, provides revenue management and digital monetization, customer experience, and payment solutions primarily to the communications industry in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers Advanced Convergent Platform, a private SaaS platform; and related solutions, including service technician management, analytics, electronic bill presentment, etc.