Whitebox Advisors LLC Increases Holdings in Community Health Systems, Inc. $CYH

Whitebox Advisors LLC lifted its position in Community Health Systems, Inc. (NYSE:CYH) by 42.1% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 3,127,884 shares of the company’s stock after purchasing an additional 926,364 shares during the period. Whitebox Advisors LLC’s holdings in Community Health Systems were worth $9,196,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of CYH. Marshall Wace LLP boosted its position in Community Health Systems by 276.3% in the fourth quarter. Marshall Wace LLP now owns 1,523,837 shares of the company’s stock worth $4,754,000 after purchasing an additional 1,118,864 shares during the last quarter. Owl Creek Asset Management L.P. increased its position in shares of Community Health Systems by 65.4% during the 1st quarter. Owl Creek Asset Management L.P. now owns 2,530,622 shares of the company’s stock valued at $7,440,000 after purchasing an additional 1,000,862 shares during the last quarter. Carronade Capital Management LP lifted its stake in shares of Community Health Systems by 306.7% in the 1st quarter. Carronade Capital Management LP now owns 1,321,923 shares of the company’s stock worth $3,886,000 after purchasing an additional 996,923 shares during the period. Eversept Partners LP boosted its holdings in shares of Community Health Systems by 14.3% in the fourth quarter. Eversept Partners LP now owns 7,943,802 shares of the company’s stock worth $24,785,000 after buying an additional 993,751 shares during the last quarter. Finally, Bank of America Corp DE boosted its holdings in shares of Community Health Systems by 112.4% in the second quarter. Bank of America Corp DE now owns 1,872,343 shares of the company’s stock worth $6,366,000 after buying an additional 991,014 shares during the last quarter. Institutional investors own 84.99% of the company’s stock.

Community Health Systems Stock Performance

CYH opened at $2.69 on Monday. The stock has a market cap of $380.02 million, a price-to-earnings ratio of 1.46 and a beta of 1.81. The firm’s fifty day moving average is $3.11 and its 200 day moving average is $3.13. Community Health Systems, Inc. has a fifty-two week low of $2.38 and a fifty-two week high of $4.43.

Community Health Systems (NYSE:CYH) last issued its quarterly earnings results on Wednesday, July 22nd. The company reported ($0.19) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.09). The business had revenue of $2.83 billion during the quarter, compared to analysts’ expectations of $2.89 billion. Community Health Systems had a negative return on equity of 6.66% and a net margin of 2.10%.The company’s quarterly revenue was down 9.8% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.05) EPS. Community Health Systems has set its FY 2026 guidance at -1.250–1.100 EPS. On average, equities research analysts predict that Community Health Systems, Inc. will post -0.92 earnings per share for the current year.

Analysts Set New Price Targets

CYH has been the subject of a number of research reports. Zacks Research downgraded shares of Community Health Systems from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 24th. Weiss Ratings raised shares of Community Health Systems from a “sell (d)” rating to a “sell (d+)” rating in a research report on Thursday, July 2nd. Truist Financial raised their target price on Community Health Systems from $3.00 to $3.75 and gave the stock a “hold” rating in a report on Tuesday, July 14th. UBS Group set a $3.00 target price on Community Health Systems in a research report on Friday. Finally, Barclays cut their price target on Community Health Systems from $3.00 to $2.50 and set an “underweight” rating for the company in a report on Thursday. Three research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Reduce” and an average price target of $2.81.

Community Health Systems Company Profile

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.