Comstock Holding Companies (NASDAQ:CHCI) Earns Hold Rating from Analysts at StockNews.com

Investment analysts at StockNews.com assumed coverage on shares of Comstock Holding Companies (NASDAQ:CHCI) in a report released on Wednesday. The firm set a “hold” rating on the construction company’s stock.

Comstock Holding Companies Price Performance

Shares of CHCI stock opened at $7.34 on Wednesday. The firm has a market cap of $72.58 million, a P/E ratio of 12.44 and a beta of 0.66. Comstock Holding Companies has a 1-year low of $4.60 and a 1-year high of $14.48. The firm has a fifty day moving average of $8.07 and a two-hundred day moving average of $8.73.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of CHCI. Barclays PLC bought a new position in Comstock Holding Companies in the 4th quarter worth about $40,000. Geode Capital Management LLC grew its position in Comstock Holding Companies by 2.6% in the 4th quarter. Geode Capital Management LLC now owns 174,550 shares of the construction company’s stock worth $1,395,000 after purchasing an additional 4,433 shares during the last quarter. Renaissance Technologies LLC grew its position in Comstock Holding Companies by 1.4% in the 4th quarter. Renaissance Technologies LLC now owns 151,479 shares of the construction company’s stock worth $1,224,000 after purchasing an additional 2,100 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its position in Comstock Holding Companies by 5.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 34,042 shares of the construction company’s stock worth $272,000 after purchasing an additional 1,888 shares during the last quarter. Institutional investors own 6.45% of the company’s stock.

Comstock Holding Companies Company Profile

Comstock Holding Companies, Inc operates as a real estate asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, DC region. The company acquires, develops, operates, and sells residential, commercial, and mixed-use properties. It also provides various asset and property management, development and construction management, and other real estate services to its asset-owning clients, which include primarily of institutional real estate investors, high net worth family offices, and governmental bodies.