Quadrature Capital Ltd trimmed its position in shares of Community Health Systems, Inc. (NYSE:CYH – Free Report) by 12.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,458 shares of the company’s stock after selling 4,615 shares during the quarter. Quadrature Capital Ltd’s holdings in Community Health Systems were worth $98,000 as of its most recent SEC filing.
Several other institutional investors have also recently made changes to their positions in CYH. Red Door Wealth Management LLC purchased a new position in shares of Community Health Systems during the 4th quarter valued at approximately $36,000. Eagle Asset Management Inc. purchased a new position in shares of Community Health Systems during the 4th quarter valued at approximately $40,000. Regatta Capital Group LLC purchased a new position in shares of Community Health Systems during the 4th quarter valued at approximately $53,000. Bison Wealth LLC purchased a new position in shares of Community Health Systems during the 4th quarter valued at approximately $63,000. Finally, Algert Global LLC purchased a new stake in Community Health Systems in the 3rd quarter worth $69,000. 84.99% of the stock is owned by hedge funds and other institutional investors.
Community Health Systems Stock Up 5.0 %
Shares of CYH opened at $3.36 on Friday. Community Health Systems, Inc. has a 52-week low of $2.01 and a 52-week high of $5.20. The firm’s fifty day moving average is $3.47 and its two-hundred day moving average is $3.35. The stock has a market cap of $466.94 million, a PE ratio of -3.54 and a beta of 1.51.
Analysts Set New Price Targets
Several brokerages recently commented on CYH. Barclays began coverage on shares of Community Health Systems in a report on Wednesday, March 6th. They issued an “equal weight” rating and a $3.00 price target for the company. Oppenheimer cut their price target on shares of Community Health Systems from $5.50 to $4.50 and set an “outperform” rating for the company in a report on Thursday, April 25th. Finally, Truist Financial boosted their price target on shares of Community Health Systems from $3.25 to $3.75 and gave the stock a “hold” rating in a report on Friday, April 26th. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $4.05.
View Our Latest Report on Community Health Systems
About Community Health Systems
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.
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