Community Health Systems Inc. (NYSE:CYH)‘s stock had its “hold” rating restated by stock analysts at Leerink Swann in a research report issued on Tuesday.

CYH has been the subject of a number of other research reports. Raymond James Financial Inc. cut shares of Community Health Systems from a “market perform” rating to an “underperform” rating in a report on Wednesday, June 1st. Susquehanna upgraded shares of 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. Jefferies Group restated a “hold” rating on shares of Community Health Systems in a report on Wednesday, August 10th. Credit Suisse Group AG began coverage on shares of Community Health Systems in a report on Friday, July 29th. They issued a “neutral” rating and a $14.00 price objective for the company. Finally, Barclays PLC restated a “hold” rating and issued a $15.00 price objective on shares of Community Health Systems in a report on Friday, August 19th. Six equities research analysts have rated the stock with a sell rating, seventeen have issued a hold rating and two have assigned a buy rating to the company’s stock. Community Health Systems presently has a consensus rating of “Hold” and a consensus target price of $16.32.

Analyst Recommendations for Community Health Systems (NYSE:CYH)

Shares of Community Health Systems (NYSE:CYH) traded down 5.48% during mid-day trading on Tuesday, hitting $10.17. 3,807,364 shares of the stock traded hands. The firm has a 50 day moving average of $11.00 and a 200 day moving average of $13.33. The company’s market cap is $1.13 billion. Community Health Systems has a 12 month low of $9.66 and a 12 month high of $40.55.

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Community Health Systems (NYSE:CYH) last announced its quarterly earnings data on Tuesday, August 2nd. The company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.56 by $0.47. The business 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 quarterly revenue was down 6.0% compared to the same quarter last year. Equities analysts anticipate that Community Health Systems will post $1.34 EPS for the current fiscal year.

Several institutional investors have recently bought and sold shares of the company. Williams Jones & Associates LLC bought a new position in Community Health Systems during the second quarter worth $491,000. Mason Street Advisors LLC bought a new position in Community Health Systems during the second quarter worth $620,000. Schwab Charles Investment Management Inc. boosted its position in Community Health Systems by 70.6% in the second quarter. Schwab Charles Investment Management Inc. now owns 518,666 shares of the company’s stock worth $6,250,000 after buying an additional 214,668 shares during the period. Bellwether Investment Group LLC bought a new position in Community Health Systems during the second quarter worth $208,000. Finally, Stifel Financial Corp boosted its position in Community Health Systems by 22.2% in the second quarter. Stifel Financial Corp now owns 12,742 shares of the company’s stock worth $154,000 after buying an additional 2,315 shares during the period. 96.57% of the stock is currently owned by institutional investors and hedge funds.

Community Health Systems Company Profile

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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