Nisa Investment Advisors LLC raised its stake in shares of Community Health Systems, Inc. (NYSE:CYH) by 1.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,750 shares of the company’s stock after buying an additional 250 shares during the period. Nisa Investment Advisors LLC’s holdings in Community Health Systems were worth $227,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the stock. Horrell Capital Management Inc. increased its stake in Community Health Systems by 2.5% in the second quarter. Horrell Capital Management Inc. now owns 27,941 shares of the company’s stock worth $278,000 after buying an additional 681 shares during the last quarter. State of Alaska Department of Revenue increased its stake in Community Health Systems by 80.1% in the second quarter. State of Alaska Department of Revenue now owns 22,644 shares of the company’s stock worth $225,000 after buying an additional 10,074 shares during the last quarter. Bank of Montreal Can increased its stake in Community Health Systems by 158.7% in the second quarter. Bank of Montreal Can now owns 15,702 shares of the company’s stock worth $156,000 after buying an additional 9,632 shares during the last quarter. Fox Run Management L.L.C. purchased a new stake in Community Health Systems during the second quarter worth $126,000. Finally, Nomura Asset Management Co. Ltd. increased its stake in Community Health Systems by 134.4% in the first quarter. Nomura Asset Management Co. Ltd. now owns 14,300 shares of the company’s stock worth $127,000 after buying an additional 8,200 shares during the last quarter. 95.64% of the stock is owned by institutional investors.

Shares of Community Health Systems, Inc. (NYSE:CYH) traded down 6.463% on Tuesday, reaching $6.875. The company had a trading volume of 5,759,869 shares. The stock’s 50 day moving average is $8.46 and its 200 day moving average is $8.67. The firm’s market capitalization is $769.55 million. Community Health Systems, Inc. has a 52 week low of $4.15 and a 52 week high of $13.28.

Community Health Systems (NYSE:CYH) last announced its quarterly earnings results on Tuesday, August 1st. The company reported ($0.25) EPS for the quarter, missing the Zacks’ consensus estimate of $0.06 by $0.31. Community Health Systems had a negative net margin of 3.63% and a positive return on equity of 0.07%. The business had revenue of $4.14 billion during the quarter, compared to the consensus estimate of $4.14 billion. During the same period in the previous year, the business posted $0.09 EPS. The firm’s revenue was down 9.7% on a year-over-year basis. On average, equities analysts anticipate that Community Health Systems, Inc. will post ($0.32) EPS for the current year.

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A number of research firms have weighed in on CYH. Zacks Investment Research downgraded Community Health Systems from a “hold” rating to a “strong sell” rating in a research report on Wednesday, May 3rd. BidaskClub upgraded Community Health Systems from a “sell” rating to a “hold” rating in a research report on Tuesday, June 27th. Vetr downgraded Community Health Systems from a “hold” rating to a “sell” rating and set a $8.62 price target on the stock. in a research report on Monday, April 17th. Piper Jaffray Companies restated a “sell” rating and set a $9.00 price target on shares of Community Health Systems in a research report on Wednesday, July 26th. Finally, Morgan Stanley began coverage on Community Health Systems in a research report on Tuesday, June 6th. They set an “underweight” rating and a $9.50 price target on the stock. Six analysts have rated the stock with a sell rating, twelve have given a hold rating and two have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $8.02.

About Community Health Systems

Community Health Systems, Inc is an operator of general acute care hospitals and outpatient facilities in communities across the country. The Company operates through hospital operations segment, which includes its general acute care hospitals and related healthcare entities that provide inpatient and outpatient healthcare services.

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Institutional Ownership by Quarter for Community Health Systems (NYSE:CYH)

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