Barrow Hanley Mewhinney & Strauss LLC Boosts Stake in Community Health Systems, Inc. (CYH)

Barrow Hanley Mewhinney & Strauss LLC increased its position in Community Health Systems, Inc. (NYSE:CYH) by 115.2% during the fourth quarter, Holdings Channel reports. The firm owned 430,326 shares of the company’s stock after buying an additional 230,370 shares during the period. Barrow Hanley Mewhinney & Strauss LLC’s holdings in Community Health Systems were worth $2,406,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the company. Horrell Capital Management Inc. increased its position in shares of Community Health Systems by 0.5% in the third quarter. Horrell Capital Management Inc. now owns 26,990 shares of the company’s stock valued at $311,000 after buying an additional 128 shares during the period. Atria Investments LLC increased its position in shares of Community Health Systems by 1.3% in the third quarter. Atria Investments LLC now owns 12,685 shares of the company’s stock valued at $146,000 after buying an additional 161 shares during the period. Arizona State Retirement System increased its position in shares of Community Health Systems by 0.7% in the third quarter. Arizona State Retirement System now owns 44,383 shares of the company’s stock valued at $512,000 after buying an additional 300 shares during the period. Texas Permanent School Fund increased its position in shares of Community Health Systems by 0.4% in the third quarter. Texas Permanent School Fund now owns 86,568 shares of the company’s stock valued at $999,000 after buying an additional 331 shares during the period. Finally, State Treasurer State of Michigan increased its position in shares of Community Health Systems by 0.9% in the third quarter. State Treasurer State of Michigan now owns 45,694 shares of the company’s stock valued at $527,000 after buying an additional 400 shares during the period.

Institutional Ownership by Quarter for Community Health Systems (NYSE:CYH)

Shares of Community Health Systems, Inc. (NYSE:CYH) traded up 1.08% on Tuesday, reaching $6.55. The company’s stock had a trading volume of 255,375 shares. The stock’s market cap is $726.34 million. Community Health Systems, Inc. has a 52-week low of $4.15 and a 52-week high of $17.73. The firm’s 50 day moving average is $6.40 and its 200-day moving average is $8.19.

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Several equities research analysts have recently issued reports on CYH shares. Wolfe Research started coverage on shares of Community Health Systems in a research note on Tuesday, October 25th. They issued a “market perform” rating on the stock. Robert W. Baird downgraded shares of Community Health Systems from a “neutral” rating to an “underperform” rating and lowered their price objective for the stock from $12.00 to $8.00 in a research note on Thursday, October 27th. Mizuho downgraded shares of Community Health Systems from a “neutral” rating to an “underperform” rating in a research note on Thursday, October 27th. Zacks Investment Research downgraded shares of Community Health Systems from a “hold” rating to a “strong sell” rating in a research note on Thursday, January 19th. Finally, Barclays PLC restated a “hold” rating and issued a $7.00 price objective on shares of Community Health Systems in a research note on Monday, January 9th. Seven investment analysts have rated the stock with a sell rating, sixteen have issued a hold rating and three have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $12.69.

About Community Health Systems

Community Health Systems, Inc is an operator of general acute care hospitals in communities. The Company provides healthcare services through the hospitals that it owns and operates and affiliated businesses in non-urban and selected urban markets throughout the United States. The Company operates through two segments: hospital operations and home care agencies operations.

5 Day Chart for NYSE:CYH

Want to see what other hedge funds are holding CYH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Community Health Systems, Inc. (NYSE:CYH).

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