Community Health Systems Inc. (NYSE:CYH)’s share price reached a new 52-week low on Wednesday . The stock traded as low as $10.06 and last traded at $10.10, with a volume of 4,678,574 shares trading hands. The stock had previously closed at $10.78.

Several equities analysts have weighed in on the company. Leerink Swann upgraded Community Health Systems from a “market perform” rating to an “outperform” rating and set a $21.00 target price on the stock in a report on Tuesday, May 3rd. Jefferies Group restated a “hold” rating and set a $15.00 target price (down from $18.00) on shares of Community Health Systems in a report on Tuesday, May 3rd. Barclays PLC cut their target price on Community Health Systems from $32.00 to $29.00 and set an “equal weight” rating on the stock in a report on Wednesday, June 1st. Raymond James Financial Inc. lowered Community Health Systems from a “market perform” rating to an “underperform” rating in a report on Wednesday, June 1st. Finally, Zacks Investment Research upgraded Community Health Systems from a “sell” rating to a “hold” rating in a research note on Thursday, May 5th. Six research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. Community Health Systems has an average rating of “Hold” and a consensus price target of $17.89.

The firm’s market capitalization is $1.12 billion. The company’s 50 day moving average is $12.35 and its 200 day moving average is $13.94.

Community Health Systems (NYSE:CYH) last announced its earnings results on Tuesday, August 2nd. The company reported $0.09 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.56 by $0.47. The firm had revenue of $4.59 billion for the quarter, compared to the consensus estimate of $4.53 billion. The company’s revenue was down 6.0% compared to the same quarter last year. On average, equities analysts forecast that Community Health Systems Inc. will post $1.36 earnings per share for the current fiscal year.

In related news, Director H Mitchell Watson, Jr. sold 5,600 shares of the stock in a transaction that occurred on Monday, June 13th. The shares were sold at an average price of $13.42, for a total transaction of $75,152.00. Following the sale, the director now owns 6,509 shares in the company, valued at approximately $87,350.78. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Several hedge funds have recently bought and sold shares of the company. Trexquant Investment LP raised its stake in Community Health Systems by 114.2% in the fourth quarter. Trexquant Investment LP now owns 129,689 shares of the company’s stock valued at $3,441,000 after buying an additional 69,149 shares in the last quarter. BNP Paribas Arbitrage SA raised its stake in Community Health Systems by 166.7% in the fourth quarter. BNP Paribas Arbitrage SA now owns 43,467 shares of the company’s stock valued at $1,153,000 after buying an additional 27,166 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in Community Health Systems by 2.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,199,922 shares of the company’s stock valued at $84,893,000 after buying an additional 65,766 shares in the last quarter. Snow Capital Management LP raised its stake in Community Health Systems by 80.3% in the fourth quarter. Snow Capital Management LP now owns 3,216,127 shares of the company’s stock valued at $85,324,000 after buying an additional 1,432,041 shares in the last quarter. Finally, BlackRock Advisors LLC raised its stake in Community Health Systems by 14.8% in the fourth quarter. BlackRock Advisors LLC now owns 1,463,695 shares of the company’s stock valued at $38,832,000 after buying an additional 188,965 shares in the last quarter.

Community Health Systems, Inc is a hospital company and an operator of acute care hospitals in communities across the United States. The Company provides healthcare services through the hospitals that it owns and operates in non-urban and selected urban markets throughout the United States. It operates in two operating segments: hospital operations and home care agencies operations.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.