Civitas Solutions Inc (NYSE:CIVI) Shares Bought by California Public Employees Retirement System

California Public Employees Retirement System lifted its holdings in Civitas Solutions Inc (NYSE:CIVI) by 5.4% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 61,320 shares of the company’s stock after purchasing an additional 3,169 shares during the period. California Public Employees Retirement System owned about 0.17% of Civitas Solutions worth $1,074,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. First Trust Advisors LP raised its stake in shares of Civitas Solutions by 38.9% in the third quarter. First Trust Advisors LP now owns 23,661 shares of the company’s stock valued at $349,000 after acquiring an additional 6,622 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of Civitas Solutions by 18.6% in the third quarter. JPMorgan Chase & Co. now owns 442,991 shares of the company’s stock valued at $6,533,000 after acquiring an additional 69,538 shares during the last quarter. Martingale Asset Management L P raised its stake in shares of Civitas Solutions by 476.6% in the third quarter. Martingale Asset Management L P now owns 62,920 shares of the company’s stock valued at $929,000 after acquiring an additional 52,008 shares during the last quarter. BlackRock Inc. raised its stake in shares of Civitas Solutions by 0.5% in the third quarter. BlackRock Inc. now owns 1,091,307 shares of the company’s stock valued at $16,097,000 after acquiring an additional 5,791 shares during the last quarter. Finally, Panagora Asset Management Inc. raised its stake in shares of Civitas Solutions by 14.0% in the third quarter. Panagora Asset Management Inc. now owns 39,523 shares of the company’s stock valued at $583,000 after acquiring an additional 4,862 shares during the last quarter. Hedge funds and other institutional investors own 95.12% of the company’s stock.

CIVI stock remained flat at $$17.76 during trading on Friday. The company has a debt-to-equity ratio of 4.03, a quick ratio of 1.38 and a current ratio of 1.38. Civitas Solutions Inc has a 52 week low of $12.10 and a 52 week high of $17.89. The company has a market capitalization of $644.87 million, a P/E ratio of 11.84, a PEG ratio of 2.68 and a beta of -0.03.

Civitas Solutions (NYSE:CIVI) last posted its quarterly earnings data on Monday, February 4th. The company reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.33. Civitas Solutions had a net margin of 0.74% and a return on equity of 36.04%. The firm had revenue of $406.63 million during the quarter, compared to analysts’ expectations of $413.86 million. As a group, equities analysts predict that Civitas Solutions Inc will post 0.66 EPS for the current year.

Separately, Zacks Investment Research upgraded shares of Civitas Solutions from a “hold” rating to a “buy” rating and set a $20.00 price objective for the company in a research report on Wednesday, February 27th.

TRADEMARK VIOLATION WARNING: This piece was reported by Baseball Daily News and is the property of of Baseball Daily News. If you are accessing this piece on another site, it was copied illegally and republished in violation of United States and international copyright and trademark law. The original version of this piece can be accessed at https://www.baseballdailydigest.com/news/2019/04/27/california-public-employees-retirement-system-has-1-07-million-holdings-in-civitas-solutions-inc-civi.html.

Civitas Solutions Company Profile

Civitas Solutions, Inc provides home- and community-based health and human services to must-serve individuals with intellectual, developmental, behavioral, and/or medically complex challenges in the United States. It operates through three segments: Community Support Services (CSS), Specialty Rehabilitation Services (SRS), and Children & Family Services (CFS).

See Also: How do candlesticks reflect price movement?

Institutional Ownership by Quarter for Civitas Solutions (NYSE:CIVI)

Receive News & Ratings for Civitas Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Civitas Solutions and related companies with MarketBeat.com's FREE daily email newsletter.