Community Health Systems, Inc. $CYH Stock Position Raised by Aberdeen Group plc

Aberdeen Group plc boosted its holdings in shares of Community Health Systems, Inc. (NYSE:CYH) by 141.2% in the third quarter, HoldingsChannel reports. The fund owned 1,429,780 shares of the company’s stock after buying an additional 837,068 shares during the quarter. Aberdeen Group plc’s holdings in Community Health Systems were worth $4,490,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Community Health Systems in the 3rd quarter valued at $32,000. CWM LLC lifted its holdings in shares of Community Health Systems by 133.1% during the 2nd quarter. CWM LLC now owns 10,974 shares of the company’s stock worth $37,000 after acquiring an additional 6,266 shares during the period. Savvy Advisors Inc. bought a new position in shares of Community Health Systems during the 2nd quarter worth approximately $40,000. Cidel Asset Management Inc. bought a new stake in Community Health Systems during the third quarter worth about $46,000. Finally, Sender Co & Partners Inc. acquired a new stake in shares of Community Health Systems in the second quarter valued at $59,000. Institutional investors own 84.99% of the company’s stock.

Community Health Systems Trading Up 1.5%

NYSE:CYH opened at $3.57 on Friday. The stock has a market cap of $495.07 million, a P/E ratio of 0.95 and a beta of 2.10. Community Health Systems, Inc. has a 1-year low of $2.24 and a 1-year high of $4.47. The stock’s 50-day moving average is $3.25 and its 200-day moving average is $3.19.

Community Health Systems (NYSE:CYH) last announced its earnings results on Wednesday, February 18th. The company reported $0.80 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.20) by $1.00. Community Health Systems had a negative return on equity of 11.38% and a net margin of 4.08%.The business had revenue of $3.11 billion during the quarter, compared to analyst estimates of $3.14 billion. During the same period last year, the company earned ($0.42) EPS. Community Health Systems’s revenue for the quarter was down 4.9% compared to the same quarter last year. Community Health Systems has set its FY 2026 guidance at -0.600-0.000 EPS. As a group, equities analysts forecast that Community Health Systems, Inc. will post -0.29 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. Wall Street Zen lowered shares of Community Health Systems from a “buy” rating to a “hold” rating in a report on Sunday, November 2nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Community Health Systems in a research report on Monday, December 29th. UBS Group upped their price objective on shares of Community Health Systems from $3.60 to $3.70 and gave the company a “neutral” rating in a report on Friday. Wells Fargo & Company decreased their price objective on Community Health Systems from $3.00 to $2.00 and set an “underweight” rating on the stock in a report on Wednesday, January 7th. Finally, Truist Financial set a $4.50 price objective on Community Health Systems in a research note on Monday, January 5th. One equities research analyst has rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Community Health Systems has a consensus rating of “Hold” and a consensus target price of $3.62.

About Community Health Systems

Community Health Systems, Inc (NYSE: CYH) is one of the largest publicly traded hospital operators in the United States. Headquartered in Franklin, Tennessee, the company owns, leases and manages general acute care hospitals and outpatient facilities, primarily in non-urban and mid-market communities. CHS is focused on delivering locally accessible healthcare services through its network of affiliated hospitals, clinics and post-acute providers.

The company’s core offerings include inpatient medical and surgical care, emergency services, critical care, diagnostic imaging and laboratory testing.