Barclays PLC Has $556,000 Position in Consensus Cloud Solutions, Inc. (NASDAQ:CCSI)

Barclays PLC boosted its holdings in Consensus Cloud Solutions, Inc. (NASDAQ:CCSI) by 275.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 23,618 shares of the company’s stock after acquiring an additional 17,333 shares during the quarter. Barclays PLC’s holdings in Consensus Cloud Solutions were worth $556,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Capital Performance Advisors LLP bought a new position in Consensus Cloud Solutions during the 3rd quarter valued at about $29,000. National Bank of Canada FI acquired a new stake in shares of Consensus Cloud Solutions during the second quarter worth approximately $33,000. SG Americas Securities LLC acquired a new stake in shares of Consensus Cloud Solutions during the third quarter worth approximately $148,000. Massachusetts Financial Services Co. MA bought a new position in shares of Consensus Cloud Solutions in the second quarter valued at approximately $188,000. Finally, Wealth Enhancement Advisory Services LLC acquired a new position in shares of Consensus Cloud Solutions in the 3rd quarter worth approximately $242,000. Institutional investors and hedge funds own 93.93% of the company’s stock.

Consensus Cloud Solutions Price Performance

Shares of NASDAQ CCSI opened at $23.99 on Friday. The company’s 50 day simple moving average is $24.17 and its 200 day simple moving average is $21.80. Consensus Cloud Solutions, Inc. has a fifty-two week low of $11.62 and a fifty-two week high of $27.79. The firm has a market capitalization of $463.10 million, a P/E ratio of 5.25 and a beta of 1.42.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on CCSI shares. Citigroup upped their price target on shares of Consensus Cloud Solutions from $17.00 to $19.00 and gave the stock a “sell” rating in a research report on Tuesday, November 19th. JPMorgan Chase & Co. cut shares of Consensus Cloud Solutions from a “neutral” rating to an “underweight” rating and increased their price target for the company from $19.00 to $21.00 in a research note on Monday, September 9th. Wedbush boosted their price objective on shares of Consensus Cloud Solutions from $24.00 to $32.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. BTIG Research increased their price objective on Consensus Cloud Solutions from $30.00 to $32.00 and gave the company a “buy” rating in a research report on Monday, November 11th. Finally, Oppenheimer boosted their target price on Consensus Cloud Solutions from $23.00 to $27.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. Two investment analysts have rated the stock with a sell rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, Consensus Cloud Solutions currently has an average rating of “Hold” and a consensus price target of $26.20.

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.