Comstock Holding Companies (NASDAQ:CHCI - Get Free Report) was downgraded by stock analysts at StockNews.com from a "buy" rating to a "hold" rating in a research note issued on Tuesday.
Comstock Holding Companies Price Performance
Shares of CHCI stock traded down $0.19 during trading on Tuesday, reaching $8.63. The company had a trading volume of 8,675 shares, compared to its average volume of 20,100. The company has a market capitalization of $85.35 million, a PE ratio of 14.63 and a beta of 0.64. The firm's 50 day simple moving average is $10.12 and its two-hundred day simple moving average is $8.04. Comstock Holding Companies has a one year low of $3.90 and a one year high of $14.48.
Institutional Investors Weigh In On Comstock Holding Companies
A hedge fund recently raised its stake in Comstock Holding Companies stock. Geode Capital Management LLC increased its holdings in shares of Comstock Holding Companies, Inc. (NASDAQ:CHCI - Free Report) by 2.6% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 170,117 shares of the construction company's stock after acquiring an additional 4,371 shares during the period. Geode Capital Management LLC owned about 1.73% of Comstock Holding Companies worth $1,700,000 at the end of the most recent reporting period. 6.45% of the stock is owned by institutional investors.
Comstock Holding Companies Company Profile
(
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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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