Corebridge Financial Inc. cut its holdings in Community Health Systems, Inc. ( NYSE:CYH – Free Report ) by 7.
0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 62,413 shares of the company’s stock after selling 4,711 shares during the quarter. Corebridge Financial Inc.
’s holdings in Community Health Systems were worth $187,000 as of its most recent SEC filing. Several other institutional investors also recently modified their holdings of the business. Y Intercept Hong Kong Ltd purchased a new stake in shares of Community Health Systems in the 3rd quarter worth approximately $500,000.
Barclays PLC grew its stake in shares of Community Health Systems by 1,278.2% in the third quarter. Barclays PLC now owns 707,805 shares of the company’s stock worth $4,296,000 after acquiring an additional 656,447 shares during the last quarter.
Franklin Resources Inc. increased its holdings in shares of Community Health Systems by 4.1% during the third quarter.
Franklin Resources Inc. now owns 75,520 shares of the company’s stock valued at $422,000 after acquiring an additional 2,989 shares in the last quarter. Assenagon Asset Management S.
A. raised its position in shares of Community Health Systems by 157.8% in the 4th quarter.
Assenagon Asset Management S.A. now owns 4,166,890 shares of the company’s stock worth $12,459,000 after purchasing an additional 2,550,678 shares during the last quarter.
Finally, SG Americas Securities LLC boosted its stake in Community Health Systems by 166.7% in the 4th quarter. SG Americas Securities LLC now owns 59,529 shares of the company’s stock worth $178,000 after purchasing an additional 37,211 shares in the last quarter.
84.99% of the stock is currently owned by institutional investors. Community Health Systems Stock Performance Community Health Systems stock opened at $2.
48 on Monday. The stock has a market cap of $347.25 million, a PE ratio of -0.
63 and a beta of 1.72. The stock has a fifty day moving average of $2.
96 and a 200 day moving average of $3.60. Community Health Systems, Inc.
has a one year low of $2.24 and a one year high of $6.29.
Analyst Ratings Changes Several research analysts have issued reports on CYH shares. Truist Financial decreased their target price on shares of Community Health Systems from $4.00 to $3.
00 and set a “hold” rating for the company in a report on Friday. Guggenheim began coverage on Community Health Systems in a research report on Wednesday, April 9th. They issued a “neutral” rating on the stock.
Wells Fargo & Company reduced their target price on Community Health Systems from $2.50 to $2.00 and set an “underweight” rating for the company in a report on Monday, March 10th.
StockNews.com raised Community Health Systems from a “sell” rating to a “hold” rating in a report on Thursday, February 20th. Finally, UBS Group reduced their price objective on Community Health Systems from $4.
80 to $4.10 and set a “neutral” rating for the company in a report on Thursday, February 20th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company’s stock.
According to data from MarketBeat, Community Health Systems has an average rating of “Hold” and a consensus price target of $4.02. Read Our Latest Stock Analysis on Community Health Systems Community Health Systems Profile ( Free Report ) 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. Featured Articles Want to see what other hedge funds are holding CYH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Community Health Systems, Inc.
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Business
Corebridge Financial Inc. Lowers Stock Position in Community Health Systems, Inc. (NYSE:CYH)

Corebridge Financial Inc. cut its holdings in Community Health Systems, Inc. (NYSE:CYH – Free Report) by 7.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 62,413 shares of the company’s stock after selling 4,711 shares during the quarter. Corebridge Financial Inc.’s holdings [...]