400,000 Shares in Community Health Systems, Inc. $CYH Acquired by Helix Partners Management LP

Helix Partners Management LP bought a new stake in shares of Community Health Systems, Inc. (NYSE:CYH) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 400,000 shares of the company’s stock, valued at approximately $1,336,000. Community Health Systems accounts for approximately 0.0% of Helix Partners Management LP’s portfolio, making the stock its 9th biggest holding. Helix Partners Management LP owned about 0.28% of Community Health Systems as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of CYH. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Community Health Systems by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 74,987 shares of the company’s stock worth $202,000 after purchasing an additional 3,204 shares in the last quarter. Lombard Odier Asset Management USA Corp lifted its position in shares of Community Health Systems by 5.2% during the first quarter. Lombard Odier Asset Management USA Corp now owns 101,000 shares of the company’s stock worth $297,000 after purchasing an additional 5,000 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in shares of Community Health Systems by 16.1% during the 3rd quarter. Raymond James Financial Inc. now owns 37,582 shares of the company’s stock valued at $121,000 after purchasing an additional 5,202 shares during the last quarter. Rhumbline Advisers lifted its stake in shares of Community Health Systems by 3.8% in the 2nd quarter. Rhumbline Advisers now owns 206,497 shares of the company’s stock valued at $702,000 after purchasing an additional 7,549 shares during the period. Finally, Royal Bank of Canada grew its position in shares of Community Health Systems by 601.9% in the fourth quarter. Royal Bank of Canada now owns 9,286 shares of the company’s stock valued at $29,000 after purchasing an additional 7,963 shares in the last quarter. 84.99% of the stock is owned by institutional investors and hedge funds.

Community Health Systems Stock Down 2.0%

Shares of Community Health Systems stock traded down $0.06 during trading hours on Friday, hitting $2.87. 594,820 shares of the company’s stock traded hands, compared to its average volume of 1,663,908. The company has a market cap of $404.70 million, a PE ratio of 1.55 and a beta of 1.84. Community Health Systems, Inc. has a twelve month low of $2.40 and a twelve month high of $4.43. The stock has a 50 day simple moving average of $3.13 and a 200-day simple moving average of $3.08.

Community Health Systems (NYSE:CYH) last posted its quarterly earnings results on Wednesday, July 22nd. The company reported ($0.19) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.09). Community Health Systems had a negative return on equity of 6.66% and a net margin of 2.10%.The firm had revenue of $2.83 billion for the quarter, compared to analysts’ expectations of $2.89 billion. During the same period last year, the business earned ($0.05) earnings per share. The firm’s revenue for the quarter was down 9.8% on a year-over-year basis. Community Health Systems has set its FY 2026 guidance at -1.250–1.100 EPS. As a group, equities research analysts predict that Community Health Systems, Inc. will post -0.86 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on CYH. Royal Bank Of Canada cut their price target on shares of Community Health Systems from $5.00 to $4.00 and set an “outperform” rating for the company in a report on Monday, July 27th. Weiss Ratings upgraded shares of Community Health Systems from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday, July 2nd. UBS Group dropped their price target on Community Health Systems from $3.20 to $3.00 and set a “neutral” rating for the company in a research note on Friday, July 24th. Barclays decreased their price objective on shares of Community Health Systems from $3.00 to $2.50 and set an “underweight” rating for the company in a report on Thursday, July 23rd. Finally, Wall Street Zen lowered Community Health Systems from a “hold” rating to a “sell” rating in a research note on Saturday, July 25th. One analyst has rated the stock with a Buy rating, three have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, Community Health Systems currently has an average rating of “Reduce” and an average price target of $2.95.

Insiders Place Their Bets

In related news, Director William Norris Jennings sold 40,000 shares of the stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $2.96, for a total transaction of $118,400.00. Following the completion of the sale, the director directly owned 38,468 shares of the company’s stock, valued at approximately $113,865.28. This trade represents a 50.98% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 11.10% of the company’s stock.

About Community Health Systems

Community Health Systems, Inc (NYSE: CYH) is one of the largest publicly traded hospital operators in the United States. Headquartered in Franklin, Tennessee, the company owns, leases and manages general acute care hospitals and outpatient facilities, primarily in non-urban and mid-market communities. CHS is focused on delivering locally accessible healthcare services through its network of affiliated hospitals, clinics and post-acute providers.

The company’s core offerings include inpatient medical and surgical care, emergency services, critical care, diagnostic imaging and laboratory testing.