GSA Capital Partners LLP Has $1.37 Million Holdings in Community Health Systems, Inc. (NYSE:CYH)

GSA Capital Partners LLP cut its holdings in Community Health Systems, Inc. (NYSE:CYH - Free Report) by 46.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 225,766 shares of the company's stock after selling 193,319 shares during the period. GSA Capital Partners LLP owned 0.16% of Community Health Systems worth $1,370,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. nVerses Capital LLC purchased a new position in Community Health Systems in the second quarter valued at $25,000. DekaBank Deutsche Girozentrale acquired a new stake in shares of Community Health Systems during the second quarter worth about $33,000. Signaturefd LLC acquired a new stake in shares of Community Health Systems during the third quarter worth about $33,000. Canada Pension Plan Investment Board acquired a new stake in Community Health Systems in the second quarter valued at about $45,000. Finally, CWM LLC lifted its position in Community Health Systems by 32.1% in the third quarter. CWM LLC now owns 12,191 shares of the company's stock valued at $74,000 after purchasing an additional 2,961 shares during the period. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on CYH shares. Barclays lifted their price target on shares of Community Health Systems from $3.00 to $5.00 and gave the company an "equal weight" rating in a research report on Thursday, October 24th. UBS Group raised their price objective on shares of Community Health Systems from $4.70 to $5.10 and gave the stock a "neutral" rating in a research note on Wednesday, August 14th. Truist Financial dropped their price objective on shares of Community Health Systems from $5.50 to $5.00 and set a "hold" rating for the company in a research note on Friday, October 25th. StockNews.com cut shares of Community Health Systems from a "hold" rating to a "sell" rating in a research note on Thursday, November 7th. Finally, Wells Fargo & Company lifted their target price on shares of Community Health Systems from $3.50 to $5.00 and gave the stock an "equal weight" rating in a research note on Tuesday, July 30th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and an average price target of $5.18.

Community Health Systems Stock Performance

Shares of NYSE:CYH traded up $0.01 during midday trading on Thursday, hitting $4.05. 812,944 shares of the company's stock traded hands, compared to its average volume of 1,809,063. The company has a market cap of $562.74 million, a PE ratio of -1.37 and a beta of 1.60. The firm's fifty day moving average price is $5.27 and its two-hundred day moving average price is $4.47. Community Health Systems, Inc. has a twelve month low of $2.31 and a twelve month high of $6.29.

Community Health Systems (NYSE:CYH - Get Free Report) last issued its quarterly earnings data on Wednesday, October 23rd. The company reported ($0.30) EPS for the quarter, missing analysts' consensus estimates of ($0.16) by ($0.14). The business had revenue of $3.09 billion for the quarter, compared to analysts' expectations of $3.08 billion. Community Health Systems's quarterly revenue was up .1% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.33) EPS. As a group, equities research analysts anticipate that Community Health Systems, Inc. will post -0.52 EPS for the current fiscal year.

Community Health Systems 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.