2 weeks Ago By ABMN Staff
Renaissance Technologies LLC increased its stake in Community Health Systems, Inc. ( NYSE:CYH – Free Report ) by 913.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission.
The fund owned 1,420,393 shares of the company’s stock after purchasing an additional 1,280,300 shares during the period. Renaissance Technologies LLC owned approximately 1.02% of Community Health Systems worth $4,247,000 as of its most recent SEC filing.
Other hedge funds have also bought and sold shares of the company. DG Capital Management LLC raised its position in Community Health Systems by 54.8% during the fourth quarter.
DG Capital Management LLC now owns 3,502,511 shares of the company’s stock valued at $10,473,000 after purchasing an additional 1,240,413 shares in the last quarter. Federated Hermes Inc. boosted its stake in Community Health Systems by 7.
5% in the fourth quarter. Federated Hermes Inc. now owns 815,987 shares of the company’s stock worth $2,440,000 after buying an additional 56,655 shares in the last quarter.
Columbus Hill Capital Management L.P. bought a new position in Community Health Systems during the fourth quarter valued at approximately $3,887,000.
Russell Investments Group Ltd. raised its stake in shares of Community Health Systems by 7.7% during the fourth quarter.
Russell Investments Group Ltd. now owns 161,976 shares of the company’s stock worth $484,000 after acquiring an additional 11,603 shares in the last quarter. Finally, Helix Partners Management LP purchased a new stake in shares of Community Health Systems in the 4th quarter valued at $4,923,000.
84.99% of the stock is currently owned by institutional investors. Community Health Systems Stock Performance NYSE CYH opened at $2.
40 on Tuesday. The business’s fifty day moving average is $2.85 and its 200 day moving average is $3.
46. The company has a market capitalization of $336.73 million, a PE ratio of -0.
62 and a beta of 1.72. Community Health Systems, Inc.
has a fifty-two week low of $2.24 and a fifty-two week high of $6.29.
Analyst Ratings Changes A number of research analysts have recently issued reports on the company. UBS Group reduced their price objective on Community Health Systems from $4.80 to $4.
10 and set a “neutral” rating on the stock in a research note on Thursday, February 20th. Truist Financial lowered their price objective on Community Health Systems from $4.00 to $3.
00 and set a “hold” rating for the company in a research report on Friday, April 11th. Barclays cut their target price on shares of Community Health Systems from $5.00 to $4.
00 and set an “equal weight” rating on the stock in a report on Thursday, February 20th. StockNews.com raised shares of Community Health Systems from a “sell” rating to a “hold” rating in a research report on Thursday, February 20th.
Finally, Guggenheim initiated coverage on shares of Community Health Systems in a research note on Wednesday, April 9th. They set a “neutral” rating for the company. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the company.
According to MarketBeat.com, Community Health Systems currently has an average rating of “Hold” and a consensus price target of $4.02.
Check Out Our Latest Report on Community Health Systems About Community Health Systems ( Free Report ) Community Health Systems, Inc owns, leases, and operates general acute care hospitals in the United States. It offers general acute care, emergency room, general and specialty surgery, critical care, internal medicine, obstetrics, diagnostic, psychiatric, and rehabilitation services, as well as skilled nursing and home care services. Featured Stories Want to see what other hedge funds are holding CYH? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Community Health Systems, Inc. ( NYSE:CYH – Free Report ). Receive News & Ratings for Community Health Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Community Health Systems and related companies with MarketBeat.
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