Helix Partners Management LP Grows Stock Position in Community Health Systems, Inc. $CYH

Helix Partners Management LP lifted its stake in shares of Community Health Systems, Inc. (NYSE:CYH) by 20.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,977,765 shares of the company’s stock after acquiring an additional 330,020 shares during the quarter. Community Health Systems makes up 2.5% of Helix Partners Management LP’s holdings, making the stock its 6th biggest holding. Helix Partners Management LP’s holdings in Community Health Systems were worth $6,724,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently modified their holdings of the company. CWM LLC lifted its holdings 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 during the period. Savvy Advisors Inc. bought a new stake in shares of Community Health Systems during the 2nd quarter valued at about $40,000. Kapitalo Investimentos Ltda acquired a new stake in Community Health Systems during the second quarter worth approximately $41,000. Dynamic Technology Lab Private Ltd acquired a new position in Community Health Systems in the second quarter valued at approximately $75,000. Finally, Walleye Capital LLC bought a new position in shares of Community Health Systems during the 1st quarter worth approximately $180,000. 84.99% of the stock is owned by institutional investors.

Community Health Systems Price Performance

CYH opened at $3.58 on Friday. The firm’s fifty day moving average price is $3.39 and its two-hundred day moving average price is $3.25. The company has a market capitalization of $495.21 million, a price-to-earnings ratio of 1.48 and a beta of 2.00. 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 released its quarterly earnings results on Thursday, October 23rd. The company reported $1.27 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.30) by $1.57. Community Health Systems had a net margin of 2.60% and a negative return on equity of 6.90%. The company had revenue of $3.09 billion for the quarter, compared to analyst estimates of $3 billion. During the same period last year, the firm earned ($0.30) earnings per share. The firm’s revenue was down .1% on a year-over-year basis. Community Health Systems has set its FY 2025 guidance at 0.800-0.900 EPS. As a group, equities analysts anticipate that Community Health Systems, Inc. will post -0.29 EPS for the current year.

Analysts Set New Price Targets

Several research firms have weighed in on CYH. UBS Group lifted their price target on shares of Community Health Systems from $3.20 to $3.60 and gave the company a “neutral” rating in a research note on Monday, October 27th. Wall Street Zen lowered Community Health Systems from a “buy” rating to a “hold” rating in a report on Sunday, November 2nd. Weiss Ratings reiterated a “hold (c-)” rating on shares of Community Health Systems in a report on Tuesday, November 25th. Finally, Wells Fargo & Company upped their price objective on shares of Community Health Systems from $2.50 to $3.00 and gave the stock an “underweight” rating in a report on Tuesday, October 7th. One investment analyst has rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $3.73.

Community Health Systems Company Profile

Community Health Systems, Inc owns, leases, and operates general acute care hospitals in the United States. It offers general acute care, emergency room, general and specialty surgery, critical care, internal medicine, obstetrics, diagnostic, psychiatric, and rehabilitation services, as well as skilled nursing and home care services.