Vetr cut shares of Community Health Systems Inc. (NYSE:CYH) from a strong-buy rating to a hold rating in a research report report published on Monday. The brokerage currently has $12.50 price target on the stock.

Analyst Recommendations for Community Health Systems (NYSE:CYH)

A number of other equities research analysts have also weighed in on CYH. Susquehanna raised Community Health Systems from a neutral rating to a positive rating and lifted their price objective for the company from $10.78 to $18.00 in a report on Wednesday, September 14th. Barclays PLC reaffirmed a hold rating and issued a $15.00 price objective on shares of Community Health Systems in a report on Friday, August 19th. Zacks Investment Research lowered Community Health Systems from a hold rating to a strong sell rating in a report on Tuesday, August 16th. Mizuho raised Community Health Systems from an underperform rating to a neutral rating and set a $10.50 price objective on the stock in a report on Friday, August 12th. Finally, Jefferies Group reaffirmed a hold rating on shares of Community Health Systems in a report on Wednesday, August 10th. Six equities research analysts have rated the stock with a sell rating, seventeen have issued a hold rating and two have given a buy rating to the company. The stock currently has an average rating of Hold and an average price target of $16.32.

Community Health Systems (NYSE:CYH) opened at 11.09 on Monday. The company’s 50-day moving average price is $11.05 and its 200 day moving average price is $13.35. The firm’s market capitalization is $1.23 billion. Community Health Systems has a 12 month low of $9.66 and a 12 month high of $40.55.

Community Health Systems (NYSE:CYH) last issued its quarterly earnings results on Tuesday, August 2nd. The company reported $0.09 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.56 by $0.47. The company earned $4.59 billion during the quarter, compared to analyst estimates of $4.53 billion. Community Health Systems had a negative net margin of 7.55% and a positive return on equity of 2.10%. The business’s revenue was down 6.0% on a year-over-year basis. Analysts predict that Community Health Systems will post $1.34 EPS for the current year.

Hedge funds have recently made changes to their positions in the stock. Wellington Management Group LLP bought a new stake in shares of Community Health Systems during the first quarter valued at about $157,109,000. Acadian Asset Management LLC increased its stake in shares of Community Health Systems by 57.1% in the first quarter. Acadian Asset Management LLC now owns 41,343 shares of the company’s stock valued at $766,000 after buying an additional 15,031 shares in the last quarter. Teachers Advisors Inc. increased its stake in shares of Community Health Systems by 6.1% in the first quarter. Teachers Advisors Inc. now owns 110,325 shares of the company’s stock valued at $2,042,000 after buying an additional 6,337 shares in the last quarter. BNP Paribas Arbitrage SA increased its stake in shares of Community Health Systems by 240.9% in the second quarter. BNP Paribas Arbitrage SA now owns 79,244 shares of the company’s stock valued at $955,000 after buying an additional 56,001 shares in the last quarter. Finally, UBS Asset Management Americas Inc. increased its stake in shares of Community Health Systems by 8.3% in the first quarter. UBS Asset Management Americas Inc. now owns 171,788 shares of the company’s stock valued at $3,180,000 after buying an additional 13,104 shares in the last quarter. Hedge funds and other institutional investors own 96.57% of the company’s stock.

About Community Health Systems

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

5 Day Chart for NYSE:CYH

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