Is CSG Systems International (CSGS) a Good Long-Term Investment?

Investment management company First Pacific Advisors recently released its “Queens Road Small Cap Value Fund” second quarter 2022 investor letter. A copy of the same can be downloaded here. In the quarter, the fund outperformed its benchmark index and returned -11.46% compared to a -15.28% return for the Russell 2000 Value Index. In addition, you can check the top 5 holdings of the fund to know its best picks in 2022.

In the second quarter investor letter, First Pacific Advisors discussed stocks like CSG Systems International, Inc. (NASDAQ:CSGS). Headquartered in Greenwood Village, Colorado, CSG Systems International, Inc. (NASDAQ:CSGS) is a software and services provider, especially to the telecommunication industry. On August 26, 2022, CSG Systems International, Inc. (NASDAQ:CSGS) stock closed at $57.01 per share. One-month return of CSG Systems International, Inc. (NASDAQ:CSGS) was -12.96%, and its shares gained 18.01% of their value over the last 52 weeks. CSG Systems International, Inc. (NASDAQ:CSGS) has a market capitalization of $1.829 billion.

Here is what First Pacific Advisors specifically said about CSG Systems International, Inc. (NASDAQ:CSGS):

CSG Systems International, Inc. (NASDAQ:CSGS) offers customer service and revenue management software and services, primarily to the telecom industry. Revenue is mostly recurring and non[1]cyclical. The company continues to diversify its customer base, grow organically, and return cash to shareholders. They recently confirmed 2022 guidance.”

CSG Systems International, Inc. (NASDAQ:CSGS) is not on the list of 30 Most Popular Stocks Among Hedge Funds. CSG Systems International, Inc. (NASDAQ:CSGS) was held by 13 hedge fund portfolios at the end of the second quarter compared to 20 in the previous quarter.

We discussed CSG Systems International, Inc. (NASDAQ:CSGS) in another article and shared ClearBridge Investments’ views on the company. You can check out our hedge fund investor letters Q2 2022 page for more investor letters from hedge funds and other prominent investors.

Disclosure: None. This article is originally published at Insider Monkey.