Comstock Holding Companies (NASDAQ:CHCI) Now Covered by StockNews.com

Equities research analysts at StockNews.com assumed coverage on shares of Comstock Holding Companies (NASDAQ:CHCI – Get Rating) in a report released on Wednesday. The firm set a “buy” rating on the construction company’s stock.

Comstock Holding Companies Stock Performance

CHCI opened at $4.11 on Wednesday. The company has a 50-day moving average of $4.64 and a 200-day moving average of $4.55. The company has a market capitalization of $39.63 million, a P/E ratio of 4.78 and a beta of 1.05. Comstock Holding Companies has a 1-year low of $3.59 and a 1-year high of $6.94.

Comstock Holding Companies (NASDAQ:CHCI – Get Rating) last released its earnings results on Wednesday, March 29th. The construction company reported $0.13 earnings per share for the quarter. The company had revenue of $9.30 million during the quarter. Comstock Holding Companies had a net margin of 14.15% and a return on equity of 21.56%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Comstock Holding Companies stock. Dimensional Fund Advisors LP increased its holdings in Comstock Holding Companies, Inc. (NASDAQ:CHCI – Get Rating) by 22.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 31,441 shares of the construction company’s stock after buying an additional 5,849 shares during the period. Dimensional Fund Advisors LP owned about 0.33% of Comstock Holding Companies worth $134,000 as of its most recent filing with the SEC. Institutional investors and hedge funds own 6.09% of the company’s stock.

About Comstock Holding Companies

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Comstock Holding Cos., Inc engages in the development of real estate properties and provision of asset management services. It operates through the following segments: Asset Management and Real Estate Services. The Asset Management segment management provides services to real estate assets and businesses that include commercial real estate uses, including apartments, hotels, office buildings, commercial garages, leased lands, retail stores, mixed-use developments, and urban transit-oriented development.