Active Stock Picking: Community Health Systems (CYH)

Paterniano Del Favero
Agosto 16, 2017

Several large investors have recently bought and sold shares of CYH. 64 funds opened new Community Health Systems Inc stakes, 132 increased positions. New York State Teachers Retirement System now owns 238,900 shares of the company's stock valued at $1,335,000 after buying an additional 38,820 shares during the last quarter. However a year ago for the same quarter the company has reported $-0.35 EPS.

As of quarter end Pentwater Capital Management Lp had disposed of 50,000 shares trimming its holdings by 33.3%. The company's quarterly revenue was down 9.7% compared to the same quarter past year. Finally, Nomura Asset Management Co. Nationwide Fund Advisors increased its stake in Community Health Systems by 214.9% in the first quarter. Some are: Shanda Asset Management Holdings Ltd, Accipiter Capital Management Llc. Its book value per share for the most recent quarter is $11.6 while its price to book ratio for the same period is 0.63, as for as the company's cash per share for the most recent quarter is $8.21, however its price to cash per share ratio for the same period is 0.89. 619,322 shares of the stock traded hands.

Moving average is significant analytical tool used to discover current price trends and the possibility for a change in an established trend. The company has market cap of $843.48 million. Finally, HighTower Advisors LLC boosted its position in shares of Community Health Systems by 0.3% in the second quarter.

Community Health Systems (NYSE:CYH) last issued its quarterly earnings data on Tuesday, August 1st. The company reported ($0.25) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.06 by $0.31. Community Health Systems had a negative net margin of 10.77% and a positive return on equity of 1.79%. The business had revenue of $4.14 billion during the quarter, compared to the consensus estimate of $4.14 billion. UBS Asset Management Americas Inc. now owns 271,332 shares of the company's stock valued at $1,516,000 after buying an additional 87,876 shares in the last quarter. The firm's revenue was down 9.7% on a year-over-year basis.

Community Health Systems, Inc., launched on June 6, 1996, is an operator of general acute care hospitals and outpatient facilities in communities across the country. Narrowing in, the stock is at a distance of -40.50% from the 50 day high and 0.00% off of the 50 day low.Covering sell-side analysts have recently weighed in on shares of Synergy Pharmaceuticals Inc. Nationwide Fund Advisors now owns 238,001 shares of the company's stock valued at $2,111,000 after buying an additional 162,431 shares during the last quarter. If you are accessing this news story on another website, it was stolen and reposted in violation of USA & global trademark and copyright legislation. Fox Run Management L.L.C. purchased a new position in Community Health Systems during the second quarter valued at about $126,000.

Community Health Systems (NYSE:CYH) shares traded on -6.39% down secure line and closed at $6.88. The correct version of this article can be viewed at (NYSE:CYH). At the time of writing, the First Call consensus price target for the company is $7.58. Zacks Investment Research raised shares of Community Health Systems from a "hold" rating to a "buy" rating and set a $11.00 target price on the stock in a research report on Tuesday, July 11th. Deutsche Bank AG assumed coverage on shares of Community Health Systems in a research report on Wednesday, April 5th. They set an "underweight" rating and a $9.50 price objective for the company. Six equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and two have given a buy rating to the company.

A stock rating usually tells investors how well a stock's market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company.

ILLEGAL ACTIVITY WARNING: "Zacks: Brokerages Anticipate Community Health Systems, Inc". The Company operates through hospital operations segment, which includes its general acute care hospitals and related healthcare entities that provide inpatient and outpatient healthcare services.

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