Jane Street Group LLC Has $740,000 Stock Holdings in Consensus Cloud Solutions, Inc. (NASDAQ:CCSI)

Jane Street Group LLC lowered its position in shares of Consensus Cloud Solutions, Inc. (NASDAQ:CCSI) by 75.5% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 31,424 shares of the company’s stock after selling 96,996 shares during the quarter. Jane Street Group LLC’s holdings in Consensus Cloud Solutions were worth $740,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. Capital Performance Advisors LLP bought a new position in Consensus Cloud Solutions during the third quarter worth about $29,000. National Bank of Canada FI acquired a new position in shares of Consensus Cloud Solutions during the 2nd quarter worth approximately $33,000. SG Americas Securities LLC bought a new position in shares of Consensus Cloud Solutions during the third quarter worth approximately $148,000. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Consensus Cloud Solutions in the third quarter valued at approximately $242,000. Finally, Massachusetts Financial Services Co. MA bought a new stake in shares of Consensus Cloud Solutions in the second quarter valued at approximately $188,000. Institutional investors own 93.93% of the company’s stock.

Consensus Cloud Solutions Stock Up 0.5 %

NASDAQ:CCSI opened at $23.99 on Friday. Consensus Cloud Solutions, Inc. has a twelve month low of $11.62 and a twelve month high of $27.79. The stock’s 50-day simple moving average is $24.17 and its 200 day simple moving average is $21.80. The firm has a market capitalization of $463.10 million, a PE ratio of 5.25 and a beta of 1.42.

Analysts Set New Price Targets

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

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.