New South Capital Management Inc. boosted its holdings in Consensus Cloud Solutions, Inc. (NASDAQ:CCSI - Free Report) by 100.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 354,241 shares of the company's stock after purchasing an additional 177,247 shares during the quarter. New South Capital Management Inc. owned approximately 1.81% of Consensus Cloud Solutions worth $8,176,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also recently added to or reduced their stakes in the company. AlphaQuest LLC increased its position in Consensus Cloud Solutions by 451.5% during the 4th quarter. AlphaQuest LLC now owns 2,173 shares of the company's stock worth $52,000 after purchasing an additional 1,779 shares in the last quarter. Quantbot Technologies LP purchased a new stake in Consensus Cloud Solutions during the fourth quarter worth approximately $81,000. BNP Paribas Financial Markets acquired a new stake in shares of Consensus Cloud Solutions in the fourth quarter worth $135,000. Federated Hermes Inc. increased its position in shares of Consensus Cloud Solutions by 82.0% in the fourth quarter. Federated Hermes Inc. now owns 7,762 shares of the company's stock worth $185,000 after acquiring an additional 3,497 shares in the last quarter. Finally, WINTON GROUP Ltd purchased a new position in shares of Consensus Cloud Solutions in the 4th quarter valued at $210,000. 93.93% of the stock is currently owned by hedge funds and other institutional investors.
Consensus Cloud Solutions Stock Performance
Consensus Cloud Solutions stock traded down $0.54 during trading on Friday, reaching $23.13. 54,593 shares of the company's stock were exchanged, compared to its average volume of 137,686. Consensus Cloud Solutions, Inc. has a 52-week low of $15.93 and a 52-week high of $32.10. The firm has a market cap of $451.89 million, a price-to-earnings ratio of 5.35 and a beta of 1.50. The company's 50-day moving average is $22.24 and its two-hundred day moving average is $23.56.
Consensus Cloud Solutions Company Profile
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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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