<div id="readability-page-1"><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/logos/csg-systems-international-inc-logo-1200x675.png/query-dj0yMDI0MDUwOTE1MjI1OA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="1200" height="675" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/logos/csg-systems-international-inc-logo-1200x675.png/query-dj0yMDI0MDUwOTE1MjI1OA"/>Shares of CSG Systems International, Inc. (NASDAQ:CSGS - Get Free Report) reached a new 52-week low during mid-day trading on Tuesday after Wells Fargo &amp; Company lowered their price target on the stock from $48.00 to $43.00. Wells Fargo &amp; Company currently has an equal weight rating on the stock. CSG Systems International traded as low as $41.17 and last traded at $41.19, with a volume of 238775 shares trading hands. The stock had previously closed at $42.31.</p><p>Several other equities research analysts also recently weighed in on CSGS. Royal Bank of Canada started coverage on CSG Systems International in a report on Wednesday, March 27th. They set an &#34;outperform&#34; rating and a $61.00 price target on the stock. Cantor Fitzgerald cut their price target on CSG Systems International from $63.00 to $62.00 and set an &#34;overweight&#34; rating on the stock in a report on Thursday, May 2nd. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of &#34;Moderate Buy&#34; and a consensus price target of $61.67.</p><p><b>Get Our Latest Stock Analysis on CSGS</b></p><h2>Institutional Inflows and Outflows</h2><p>Hedge funds have recently made changes to their positions in the business. SG Americas Securities LLC boosted its position in shares of CSG Systems International by 88.0% in the 1st quarter. SG Americas Securities LLC now owns 3,627 shares of the technology company's stock valued at $187,000 after purchasing an additional 1,698 shares during the period. Central Pacific Bank Trust Division acquired a new stake in CSG Systems International during the 1st quarter worth approximately $190,000. Sciencast Management LP acquired a new stake in CSG Systems International during the 1st quarter worth approximately $233,000. EMC Capital Management lifted its position in CSG Systems International by 28.1% during the 1st quarter. EMC Capital Management now owns 4,808 shares of the technology company's stock worth $248,000 after acquiring an additional 1,056 shares during the period. Finally, Quantbot Technologies LP lifted its position in CSG Systems International by 31.8% during the 1st quarter. Quantbot Technologies LP now owns 19,037 shares of the technology company's stock worth $981,000 after acquiring an additional 4,590 shares during the period. Hedge funds and other institutional investors own 91.07% of the company's stock. </p><h2>CSG Systems International Stock Down 2.6 %</h2><p>The business has a 50-day simple moving average of $46.07 and a two-hundred day simple moving average of $50.00. The company has a debt-to-equity ratio of 1.98, a quick ratio of 1.74 and a current ratio of 1.74. The company has a market capitalization of $1.22 billion, a price-to-earnings ratio of 19.05, a PEG ratio of 1.31 and a beta of 0.83. </p><p>CSG Systems International (NASDAQ:CSGS - Get Free Report) last posted its quarterly earnings results on Wednesday, May 1st. The technology company reported $0.82 EPS for the quarter, beating the consensus estimate of $0.75 by $0.07. The business had revenue of $270.07 million during the quarter, compared to analysts' expectations of $271.66 million. CSG Systems International had a return on equity of 28.77% and a net margin of 5.56%. As a group, equities analysts predict that CSG Systems International, Inc. will post 3.29 EPS for the current year. </p><h2>CSG Systems International Announces Dividend</h2><p>The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 27th. Stockholders of record on Friday, June 14th will be issued a $0.30 dividend. The ex-dividend date of this dividend is Friday, June 14th. This represents a $1.20 annualized dividend and a dividend yield of 2.91%. CSG Systems International's dividend payout ratio is currently 54.79%. </p><h2>CSG Systems International Company Profile</h2> (Get Free Report)<p>CSG Systems International, Inc, together with its subsidiaries, provides revenue management and digital monetization, customer experience, and payment solutions primarily to the communications industry in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers Advanced Convergent Platform, a private SaaS platform; and related solutions, including service technician management, analytics, electronic bill presentment, etc.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than CSG Systems International</li><li>Dividend Payout Ratio Calculator</li><li>GitLab’s Weak Results Were Priced In; Time to Buy the Dip?</li><li>How to Calculate Return on Investment (ROI)</li><li>Birkenstock Looks Like a Fit in Any Growth-Oriented Portfolio</li><li>What is a SEC Filing?</li><li>These Are the Most Active Congressional Trades This Quarter</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. 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NDAQ

CSGS

<p>CSG Systems International (NASDAQ:CSGS) reached a new 52-week low after Wells Fargo downgraded the stock. Several other analysts also weighed in on CSGS, with a consensus price target of $61.67. Hedge funds and institutional investors own 91.07% of the company's stock. The company recently announced a quarterly dividend of $0.30 per share. CSG Systems International provides revenue management and digital monetization solutions primarily to the communications industry. The company reported better-than-expected earnings for the quarter, beating the consensus estimate by $0.07 per share.</p>

CSG Systems International (NASDAQ:CSGS) Reaches New 52-Week Low Following Analyst Downgrade