Community Health Systems, Inc. (CYH) Reaches $6.02 After 3.00% Up Move; Chemical Bank Lifted Its Delta Air Lines (DAL) Stake

February 17, 2018 - By Clifton Ray

Chemical Bank increased Delta Air Lines Inc (DAL) stake by 96.68% reported in 2017Q3 SEC filing. Chemical Bank acquired 9,952 shares as Delta Air Lines Inc (DAL)’s stock declined 5.91%. The Chemical Bank holds 20,246 shares with $976,000 value, up from 10,294 last quarter. Delta Air Lines Inc now has $37.53B valuation. The stock decreased 0.19% or $0.1 during the last trading session, reaching $52.85. About 5.56 million shares traded. Delta Air Lines, Inc. (NYSE:DAL) has risen 11.83% since February 17, 2017 and is uptrending. It has underperformed by 4.87% the S&P500.

The stock of Community Health Systems, Inc. (NYSE:CYH) is a huge mover today! The stock increased 5.06% or $0.29 during the last trading session, reaching $6.02. About 6.41 million shares traded or 113.30% up from the average. Community Health Systems, Inc. (NYSE:CYH) has declined 21.59% since February 17, 2017 and is downtrending. It has underperformed by 38.29% the S&P500.The move comes after 8 months positive chart setup for the $674.28 million company. It was reported on Feb, 17 by Barchart.com. We have $6.20 PT which if reached, will make NYSE:CYH worth $20.23M more.

Analysts await Community Health Systems, Inc. (NYSE:CYH) to report earnings on February, 19. They expect $-0.27 earnings per share, down 158.70% or $0.73 from last year’s $0.46 per share. After $-0.77 actual earnings per share reported by Community Health Systems, Inc. for the previous quarter, Wall Street now forecasts -64.94% EPS growth.

Among 28 analysts covering Community Health (NYSE:CYH), 3 have Buy rating, 11 Sell and 14 Hold. Therefore 11% are positive. Community Health has $83 highest and $3 lowest target. $12.80’s average target is 112.62% above currents $6.02 stock price. Community Health had 90 analyst reports since August 5, 2015 according to SRatingsIntel. Mizuho upgraded the shares of CYH in report on Tuesday, February 21 to “Neutral” rating. The firm earned “Hold” rating on Friday, July 28 by Jefferies. On Monday, January 4 the stock rating was downgraded by Wells Fargo to “Market Perform”. The rating was maintained by Mizuho with “Neutral” on Tuesday, November 3. The stock has “Buy” rating by Jefferies on Wednesday, August 5. The company was maintained on Sunday, July 23 by RBC Capital Markets. The rating was maintained by Oppenheimer on Wednesday, November 4 with “Outperform”. The stock of Community Health Systems, Inc. (NYSE:CYH) has “Hold” rating given on Thursday, August 3 by Deutsche Bank. The company was maintained on Thursday, August 3 by Piper Jaffray. The stock of Community Health Systems, Inc. (NYSE:CYH) has “Equal-Weight” rating given on Thursday, August 4 by Barclays Capital.

Since January 8, 2018, it had 2 insider buys, and 0 selling transactions for $5.86 million activity. 478,700 Community Health Systems, Inc. (NYSE:CYH) shares with value of $1.91 million were bought by Chen Tian Qiao.

Investors sentiment increased to 1.01 in Q3 2017. Its up 0.06, from 0.95 in 2017Q2. It increased, as 38 investors sold Community Health Systems, Inc. shares while 51 reduced holdings. 30 funds opened positions while 60 raised stakes. 125.01 million shares or 15.83% more from 107.93 million shares in 2017Q2 were reported. Balyasny Asset Mgmt has 0% invested in Community Health Systems, Inc. (NYSE:CYH). 89,000 are held by Phoenix Invest Adviser Ltd Liability Corp. Hbk Invests Limited Partnership owns 631,262 shares. Pinebridge Limited Partnership, a New York-based fund reported 168,842 shares. Meeder Asset Inc reported 274 shares stake. Ellington Mgmt Ltd Liability Co holds 0.02% in Community Health Systems, Inc. (NYSE:CYH) or 13,700 shares. 273,647 are owned by National Bank & Trust Of America De. Sg Americas Limited Liability stated it has 0.01% in Community Health Systems, Inc. (NYSE:CYH). Bridgeway Cap has 0.01% invested in Community Health Systems, Inc. (NYSE:CYH). Highline Mngmt Limited Partnership stated it has 0.42% of its portfolio in Community Health Systems, Inc. (NYSE:CYH). Goldman Sachs Grp Inc Incorporated has invested 0% in Community Health Systems, Inc. (NYSE:CYH). New Jersey-based Landscape Limited Liability has invested 0.07% in Community Health Systems, Inc. (NYSE:CYH). Old Mutual Customised Solutions (Proprietary) Ltd reported 16,417 shares. The Pennsylvania-based Susquehanna Gru Ltd Liability Partnership has invested 0% in Community Health Systems, Inc. (NYSE:CYH). Jane Street Group Ltd Liability Corporation invested in 0% or 38,255 shares.

Community Health Systems, Inc., together with its subsidiaries, owns, leases, and operates general acute care hospitals in the United States. The company has market cap of $674.28 million. 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. It currently has negative earnings. The firm also provides outpatient services at urgent care centers, occupational medicine clinics, imaging centers, cancer centers, ambulatory surgery centers, and home health and hospice agencies.

Among 20 analysts covering Delta Air Lines (NYSE:DAL), 20 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Delta Air Lines had 68 analyst reports since August 3, 2015 according to SRatingsIntel. The company was upgraded on Thursday, October 12 by Imperial Capital. Cowen & Co maintained the stock with “Buy” rating in Monday, August 14 report. The firm has “Outperform” rating given on Tuesday, April 12 by Credit Suisse. The stock has “In-Line” rating by Imperial Capital on Friday, October 14. On Friday, December 9 the stock rating was maintained by Cowen & Co with “Outperform”. The company was maintained on Thursday, April 28 by Morgan Stanley. Imperial Capital maintained the shares of DAL in report on Friday, January 12 with “Buy” rating. The firm has “Buy” rating by Raymond James given on Thursday, December 14. The company was maintained on Monday, August 3 by UBS. The stock of Delta Air Lines, Inc. (NYSE:DAL) has “Overweight” rating given on Monday, November 13 by Morgan Stanley.

Since October 12, 2017, it had 1 buying transaction, and 12 insider sales for $26.14 million activity. 31,638 shares were sold by Jacobson Paul A, worth $1.89M. 31,600 Delta Air Lines, Inc. (NYSE:DAL) shares with value of $1.76M were sold by HAUENSTEIN GLEN W. West W Gilbert sold 9,000 shares worth $504,540. Sear Steven M also sold $604,333 worth of Delta Air Lines, Inc. (NYSE:DAL) on Monday, December 18. Another trade for 33,863 shares valued at $1.82 million was made by Smith Joanne D on Friday, October 13. BLAKE FRANCIS S had bought 3,350 shares worth $200,193. $8.45 million worth of Delta Air Lines, Inc. (NYSE:DAL) was sold by Bastian Edward H on Thursday, October 12.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.