Stock analysts at StockNews.com initiated coverage on shares of Comstock Holding Companies (NASDAQ:CHCI - Get Free Report) in a research report issued to clients and investors on Wednesday. The firm set a "buy" rating on the construction company's stock.
Comstock Holding Companies Price Performance
CHCI stock opened at $11.03 on Wednesday. The firm has a market cap of $110.81 million, a price-to-earnings ratio of 18.69 and a beta of 0.39. Comstock Holding Companies has a 1-year low of $5.90 and a 1-year high of $14.48. The firm has a fifty day moving average price of $8.23 and a two-hundred day moving average price of $8.80.
Comstock Holding Companies (NASDAQ:CHCI - Get Free Report) last announced its quarterly earnings data on Friday, March 21st. The construction company reported $0.99 earnings per share for the quarter. Comstock Holding Companies had a net margin of 13.44% and a return on equity of 15.65%. The business had revenue of $16.91 million during the quarter. During the same period in the prior year, the company earned $0.18 EPS.
Institutional Trading of Comstock Holding Companies
Several hedge funds have recently made changes to their positions in the stock. Geode Capital Management LLC increased its position in Comstock Holding Companies by 2.6% in the fourth quarter. Geode Capital Management LLC now owns 174,550 shares of the construction company's stock worth $1,395,000 after buying an additional 4,433 shares during the period. Renaissance Technologies LLC grew its position in shares of Comstock Holding Companies by 1.4% during the fourth quarter. Renaissance Technologies LLC now owns 151,479 shares of the construction company's stock worth $1,224,000 after acquiring an additional 2,100 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Comstock Holding Companies by 5.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 34,042 shares of the construction company's stock worth $272,000 after acquiring an additional 1,888 shares during the period. Finally, Barclays PLC bought a new stake in Comstock Holding Companies in the 4th quarter valued at about $40,000. Institutional investors own 6.45% of the company's stock.
About Comstock Holding Companies
(
Get Free Report)
Comstock Holding Companies, Inc operates as a real estate asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, DC region. The company acquires, develops, operates, and sells residential, commercial, and mixed-use properties. It also provides various asset and property management, development and construction management, and other real estate services to its asset-owning clients, which include primarily of institutional real estate investors, high net worth family offices, and governmental bodies.
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