Consensus Cloud Solutions, Inc. (NASDAQ:CCSI) Shares Acquired by Janus Henderson Group PLC

Janus Henderson Group PLC raised its position in Consensus Cloud Solutions, Inc. (NASDAQ:CCSI - Free Report) by 3.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,453,463 shares of the company's stock after acquiring an additional 72,589 shares during the quarter. Janus Henderson Group PLC owned approximately 12.71% of Consensus Cloud Solutions worth $58,540,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. GAMMA Investing LLC increased its holdings in Consensus Cloud Solutions by 74.9% during the 4th quarter. GAMMA Investing LLC now owns 1,525 shares of the company's stock worth $36,000 after purchasing an additional 653 shares during the period. R Squared Ltd purchased a new stake in shares of Consensus Cloud Solutions during the fourth quarter worth approximately $42,000. AlphaQuest LLC raised its holdings in Consensus Cloud Solutions by 451.5% in the fourth quarter. AlphaQuest LLC now owns 2,173 shares of the company's stock valued at $52,000 after acquiring an additional 1,779 shares in the last quarter. Quantbot Technologies LP purchased a new position in Consensus Cloud Solutions in the fourth quarter worth approximately $81,000. Finally, BNP Paribas Financial Markets acquired a new position in Consensus Cloud Solutions during the 4th quarter worth approximately $135,000. 93.93% of the stock is currently owned by hedge funds and other institutional investors.

Consensus Cloud Solutions Trading Down 0.3%

Shares of Consensus Cloud Solutions stock traded down $0.08 on Monday, hitting $23.10. The stock had a trading volume of 41,970 shares, compared to its average volume of 143,609. The stock has a market cap of $451.30 million, a price-to-earnings ratio of 5.00 and a beta of 1.48. The company's 50 day moving average price is $21.57 and its 200 day moving average price is $24.09. 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 quarterly earnings results on Wednesday, February 19th. The company reported $1.09 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.19 by ($0.10). Consensus Cloud Solutions had a negative return on equity of 83.93% and a net margin of 25.52%. The firm had revenue of $86.98 million for the quarter, compared to analyst estimates of $85.07 million. Analysts predict that Consensus Cloud Solutions, Inc. will post 5.17 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, Oppenheimer upped their price target on Consensus Cloud Solutions from $27.00 to $32.00 and gave the company an "outperform" rating in a report on Thursday, February 20th. Two analysts have rated the stock with a sell rating and three have assigned a buy rating to the stock. According to data from MarketBeat, 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.