Citigroup Inc. set a $14.00 price objective on Community Health Systems Inc. (NYSE:CYH) in a research report report published on Monday. The brokerage currently has a a hold rating on the stock.

CYH has been the subject of a number of other reports. Vetr lowered shares of Community Health Systems from a strong-buy rating to a buy rating and set a $12.50 price target for the company. in a research report on Wednesday, September 7th. Barclays PLC restated a hold rating and set a $15.00 price target on shares of Community Health Systems in a research report on Friday, August 19th. Raymond James Financial Inc. lowered shares of Community Health Systems from a market perform rating to an underperform rating in a research report on Wednesday, June 1st. Morgan Stanley lowered shares of Community Health Systems from an equal weight rating to an underweight rating and set a $15.00 price target for the company. in a research report on Tuesday, May 24th. Finally, Credit Suisse Group AG initiated coverage on shares of Community Health Systems in a research report on Friday, July 29th. They set a neutral rating and a $14.00 price target for the company. Six research analysts have rated the stock with a sell rating, seventeen have given a hold rating and two have given a buy rating to the stock. The company currently has a consensus rating of Hold and an average target price of $16.32.

Community Health Systems (NYSE:CYH) opened at 10.20 on Monday. The company’s market capitalization is $1.13 billion. The company’s 50-day moving average price is $10.88 and its 200 day moving average price is $13.28. Community Health Systems has a 12 month low of $9.66 and a 12 month high of $38.89.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CYH. Acadian Asset Management LLC increased its position in 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 during the last quarter. Los Angeles Capital Management & Equity Research Inc. acquired a new position in Community Health Systems during the first quarter valued at $2,082,000. TIAA CREF Investment Management LLC increased its position in Community Health Systems by 11.8% in the first quarter. TIAA CREF Investment Management LLC now owns 374,989 shares of the company’s stock valued at $6,941,000 after buying an additional 39,566 shares during the last quarter. Teachers Advisors Inc. increased its position in 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 during the last quarter. Finally, Prudential Financial Inc. increased its position in Community Health Systems by 41.8% in the first quarter. Prudential Financial Inc. now owns 222,696 shares of the company’s stock valued at $4,122,000 after buying an additional 65,600 shares during the last quarter. Institutional investors and hedge funds 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.

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