State of Wyoming Buys 6,207 Shares of Community Health Systems, Inc. (NYSE:CYH)

State of Wyoming raised its stake in Community Health Systems, Inc. (NYSE:CYH) by 8.9% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 75,698 shares of the company’s stock after purchasing an additional 6,207 shares during the quarter. State of Wyoming owned 0.05% of Community Health Systems worth $226,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Tower Research Capital LLC TRC raised its holdings in shares of Community Health Systems by 250.0% during the fourth quarter. Tower Research Capital LLC TRC now owns 9,023 shares of the company’s stock valued at $27,000 after acquiring an additional 6,445 shares in the last quarter. Two Sigma Securities LLC bought a new position in shares of Community Health Systems during the fourth quarter valued at approximately $33,000. Cibc World Markets Corp bought a new position in shares of Community Health Systems during the fourth quarter valued at approximately $35,000. Virtu Financial LLC bought a new position in shares of Community Health Systems during the fourth quarter valued at approximately $38,000. Finally, Canada Pension Plan Investment Board bought a new position in shares of Community Health Systems during the fourth quarter valued at approximately $54,000. Institutional investors own 84.99% of the company’s stock.

Analyst Ratings Changes

CYH has been the subject of a number of recent analyst reports. UBS Group set a $3.50 target price on Community Health Systems in a report on Friday, April 25th. Barclays reduced their price target on Community Health Systems from $5.00 to $4.00 and set an “equal weight” rating on the stock in a research note on Thursday, February 20th. Wells Fargo & Company reduced their price target on Community Health Systems from $2.50 to $2.00 and set an “underweight” rating on the stock in a research note on Monday, March 10th. Wall Street Zen raised Community Health Systems from a “sell” rating to a “hold” rating in a research note on Thursday, February 20th. Finally, Guggenheim began coverage on Community Health Systems in a research note on Wednesday, April 9th. They issued a “neutral” rating on the stock. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Community Health Systems has an average rating of “Hold” and an average target price of $3.92.

Community Health Systems Trading Down 1.3%

NYSE CYH opened at $3.67 on Friday. Community Health Systems, Inc. has a 12 month low of $2.24 and a 12 month high of $6.29. The stock has a market cap of $514.92 million, a P/E ratio of -0.94 and a beta of 1.99. The stock’s fifty day moving average price is $2.94 and its 200-day moving average price is $3.20.

Community Health Systems (NYSE:CYH) last released its earnings results on Wednesday, April 23rd. The company reported ($0.03) EPS for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.07. The company had revenue of $3.16 billion during the quarter, compared to analysts’ expectations of $3.10 billion. During the same period in the prior year, the company posted ($0.14) earnings per share. The company’s revenue was up .6% on a year-over-year basis. As a group, analysts forecast that Community Health Systems, Inc. will post -0.29 earnings per share for the current fiscal year.

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.