O Shaughnessy Asset Management LLC Acquires 50,795 Shares of Consensus Cloud Solutions, Inc. (NASDAQ:CCSI)

O Shaughnessy Asset Management LLC boosted its stake in Consensus Cloud Solutions, Inc. (NASDAQ:CCSI - Free Report) by 235.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 72,393 shares of the company's stock after purchasing an additional 50,795 shares during the period. O Shaughnessy Asset Management LLC owned approximately 0.38% of Consensus Cloud Solutions worth $1,727,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Janus Henderson Group PLC grew its position in shares of Consensus Cloud Solutions by 26.4% during the 3rd quarter. Janus Henderson Group PLC now owns 2,380,874 shares of the company's stock valued at $56,070,000 after acquiring an additional 498,010 shares during the period. New South Capital Management Inc. purchased a new stake in Consensus Cloud Solutions in the 4th quarter worth $4,223,000. JPMorgan Chase & Co. lifted its stake in Consensus Cloud Solutions by 223.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 197,456 shares of the company's stock worth $4,650,000 after purchasing an additional 136,349 shares in the last quarter. Prudential Financial Inc. lifted its stake in Consensus Cloud Solutions by 632.6% in the 4th quarter. Prudential Financial Inc. now owns 111,870 shares of the company's stock worth $2,669,000 after purchasing an additional 96,600 shares in the last quarter. Finally, Brandywine Global Investment Management LLC purchased a new stake in Consensus Cloud Solutions in the 4th quarter worth $1,563,000. Institutional investors own 93.93% of the company's stock.

Consensus Cloud Solutions Price Performance

CCSI stock traded down $1.10 during mid-day trading on Thursday, reaching $19.71. The company had a trading volume of 22,220 shares, compared to its average volume of 157,717. The company has a market capitalization of $384.76 million, a PE ratio of 4.31 and a beta of 1.47. The firm has a 50 day moving average of $24.94 and a 200 day moving average of $24.31. Consensus Cloud Solutions, Inc. has a 12 month low of $11.62 and a 12 month high of $32.10.

Consensus Cloud Solutions (NASDAQ:CCSI - Get Free Report) last issued its earnings results on Wednesday, February 19th. The company reported $1.09 EPS for the quarter, missing analysts' consensus estimates of $1.19 by ($0.10). The company had revenue of $86.98 million during the quarter, compared to the consensus estimate of $85.07 million. Consensus Cloud Solutions had a negative return on equity of 83.93% and a net margin of 25.52%. Analysts anticipate that Consensus Cloud Solutions, Inc. will post 5.17 EPS for the current year.

Analyst Ratings Changes

Several analysts have commented on the stock. Oppenheimer boosted their price target on shares of Consensus Cloud Solutions from $27.00 to $32.00 and gave the stock an "outperform" rating in a research note on Thursday, February 20th. Citigroup upped their target price on shares of Consensus Cloud Solutions from $19.00 to $20.00 and gave the company a "sell" rating in a research report on Friday, January 17th. Two equities research analysts have rated the stock with a sell rating and three have given a buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average price target of $27.40.

About Consensus Cloud Solutions

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.