Aberdeen Group plc Grows Stock Holdings in Community Health Systems, Inc. $CYH

Aberdeen Group plc increased its position in shares of Community Health Systems, Inc. (NYSE:CYH) by 141.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,429,780 shares of the company’s stock after acquiring an additional 837,068 shares during the quarter. Aberdeen Group plc owned approximately 1.03% of Community Health Systems worth $4,490,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of CYH. Wealth Enhancement Advisory Services LLC purchased a new position in shares of Community Health Systems during the third quarter worth $32,000. CWM LLC raised its stake in Community Health Systems by 133.1% in the second quarter. CWM LLC now owns 10,974 shares of the company’s stock valued at $37,000 after buying an additional 6,266 shares in the last quarter. Savvy Advisors Inc. purchased a new stake in Community Health Systems in the second quarter valued at $40,000. Cidel Asset Management Inc. purchased a new position in Community Health Systems during the 3rd quarter worth approximately $46,000. Finally, Sender Co & Partners Inc. purchased a new position in Community Health Systems during the 2nd quarter worth $59,000. 84.99% of the stock is owned by institutional investors and hedge funds.

Community Health Systems Stock Performance

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

Community Health Systems (NYSE:CYH) last announced its quarterly 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. The business had revenue of $3.11 billion for the quarter, compared to the consensus estimate of $3.14 billion. Community Health Systems had a negative return on equity of 11.38% and a net margin of 4.08%.The business’s revenue was down 4.9% on a year-over-year basis. During the same quarter last year, the business posted ($0.42) EPS. Community Health Systems has set its FY 2026 guidance at -0.600-0.000 EPS. As a group, sell-side analysts predict that Community Health Systems, Inc. will post -0.29 earnings per share for the current year.

Analyst Upgrades and Downgrades

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

Community Health Systems Company Profile

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.