XTX Topco Ltd Has $79,000 Holdings in Community Health Systems, Inc. (NYSE:CYH)

XTX Topco Ltd decreased its position in Community Health Systems, Inc. (NYSE:CYH) by 82.2% during the 3rd quarter, Holdings Channel.com reports. The firm owned 12,962 shares of the company’s stock after selling 59,915 shares during the period. XTX Topco Ltd’s holdings in Community Health Systems were worth $79,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the company. Bank of Montreal Can acquired a new position in Community Health Systems in the 2nd quarter valued at $3,692,000. Whitebox Advisors LLC increased its position in Community Health Systems by 43.3% during the second quarter. Whitebox Advisors LLC now owns 3,020,933 shares of the company’s stock worth $10,150,000 after acquiring an additional 913,542 shares during the period. Marshall Wace LLP raised its stake in Community Health Systems by 51.0% in the 2nd quarter. Marshall Wace LLP now owns 942,303 shares of the company’s stock worth $3,166,000 after purchasing an additional 318,333 shares in the last quarter. Renaissance Technologies LLC grew its position in shares of Community Health Systems by 111.8% during the 2nd quarter. Renaissance Technologies LLC now owns 537,093 shares of the company’s stock worth $1,805,000 after purchasing an additional 283,500 shares in the last quarter. Finally, Acadian Asset Management LLC bought a new position in shares of Community Health Systems during the second quarter worth approximately $871,000. 84.99% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

CYH has been the topic of a number of analyst reports. Wells Fargo & Company downgraded Community Health Systems from an “equal weight” rating to an “underweight” rating and reduced their price target for the stock from $5.00 to $2.50 in a research report on Monday, November 25th. Raymond James cut Community Health Systems from a “market perform” rating to an “underperform” rating in a research report on Friday, November 22nd. Barclays increased their price objective on shares of Community Health Systems from $3.00 to $5.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 24th. StockNews.com downgraded shares of Community Health Systems from a “hold” rating to a “sell” rating in a report on Monday, November 25th. Finally, Truist Financial decreased their price objective on shares of Community Health Systems from $5.50 to $5.00 and set a “hold” rating on the stock in a research note on Friday, October 25th. Three analysts have rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, Community Health Systems presently has an average rating of “Hold” and a consensus target price of $4.77.

Community Health Systems Trading Up 3.9 %

Shares of Community Health Systems stock opened at $3.16 on Friday. The firm has a market capitalization of $439.08 million, a PE ratio of -1.05 and a beta of 1.55. The firm’s 50 day moving average is $4.09 and its 200 day moving average is $4.46. Community Health Systems, Inc. has a 1 year low of $2.51 and a 1 year high of $6.29.

Community Health Systems (NYSE:CYH) last announced its quarterly earnings results on Wednesday, October 23rd. The company reported ($0.30) EPS for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.14). The firm had revenue of $3.09 billion during the quarter, compared to the consensus estimate of $3.08 billion. The business’s revenue was up .1% compared to the same quarter last year. During the same period last year, the firm earned ($0.33) EPS. As a group, research analysts anticipate that Community Health Systems, Inc. will post -0.56 earnings per share for the current year.

Community Health Systems Company Profile

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.