Neighborhood Properly being Applications, Inc. (NYSE:CYH – Get Rating) gapped up earlier to purchasing and promoting on Friday . The stock had beforehand closed at $4.11, nonetheless opened at $4.45. Neighborhood Properly being Applications shares closing traded at $4.98, with a amount of 87,176 shares altering arms.
Wall Highway Analysts Forecast Improvement
CYH has been the topic of a lot of evaluation evaluations. Monetary establishment of America decrease Neighborhood Properly being Applications from a “buy” rating to a “neutral” rating and dropped their price aim for the company from $7.50 to $5.50 in a report on Wednesday, June fifteenth. Wells Fargo & Agency started safety on shares of Neighborhood Properly being Applications in a evaluation phrase on Monday, March twenty eighth. They issued an “equal weight” rating and a $12.00 price aim for the company. StockNews.com began safety on shares of Neighborhood Properly being Applications in a evaluation phrase on Thursday, March thirty first. They issued a “keep” rating for the company. Credit score rating Suisse Group models a $8.00 aim price on shares of Neighborhood Properly being Applications in a evaluation report on Tuesday, July nineteenth. Lastly, Citigroup decrease their price aim on shares of Neighborhood Properly being Applications from $18.00 to $14.00 in a evaluation report on Friday, April twenty ninth. One equities evaluation analyst has rated the stock with a promote rating and seven have given a keep rating to the stock. In line with MarketBeat.com, the company presently has a consensus rating of “Keep” and a consensus price aim of $9.88.
Neighborhood Properly being Applications Stock Up 19.2%
The stock’s 50-day shifting frequent price is $4.61 and its 200-day shifting frequent price is $8.88. The company has a market capitalization of $659.98 million, a price-to-earnings ratio of two.21, a price-to-earnings-growth ratio of 0.24 and a beta of 1.95.
Neighborhood Properly being Applications (NYSE:CYH – Get Rating) closing launched its quarterly earnings data on Wednesday, April twenty seventh. The company reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.01. The enterprise had earnings of $3.11 billion for the quarter, compared with analyst estimates of $3.16 billion. Neighborhood Properly being Applications had an online margin of two.36% and a dangerous return on equity of 20.58%. All through the an identical interval throughout the prior yr, the enterprise posted $0.36 earnings per share. On frequent, equity evaluation analysts anticipate that Neighborhood Properly being Applications, Inc. will submit 0.91 EPS for the current yr.
Insiders Place Their Bets
In related data, Director James S. Ely III acquired 10,000 shares of the stock in a transaction dated Thursday, June 2nd. The stock was bought at a median price of $5.00 per share, with an entire price of $50,000.00. Following the completion of the transaction, the director now immediately owns 301,299 shares of the company’s stock, valued at $1,506,495. The transaction was disclosed in a licensed submitting with the Securities & Commerce Price, which is perhaps accessed by way of this hyperlink. Agency insiders private 8.40% of the company’s stock.
Institutional Merchants Weigh In On Neighborhood Properly being Applications
Hedge funds and completely different institutional patrons haven’t too way back made changes to their positions throughout the stock. Black Rock Inc. grew its stake in shares of Neighborhood Properly being Applications by 0.5% throughout the 1st quarter. Black Rock Inc. now owns 19,414,591 shares of the company’s stock worth $230,450,000 after shopping for an additional 93,270 shares throughout the closing quarter. Vanguard Group Inc. lifted its holdings in shares of Neighborhood Properly being Applications by 1.9% throughout the first quarter. Vanguard Group Inc. now owns 10,407,148 shares of the company’s stock worth $123,532,000 after purchasing for an additional 198.080 shares throughout the closing quarter. Eversept Companions LP lifted its holdings in shares of Neighborhood Properly being Applications by 11.3% throughout the first quarter. Eversept Companions LP now owns 7,126,711 shares of the company’s stock worth $84,594,000 after purchasing for an additional 724,401 shares throughout the closing quarter. State Highway Corp raised its stake in Neighborhood Properly being Applications by 4.2% throughout the first quarter. State Highway Corp now owns 4,163,004 shares of the company’s stock valued at $49,415,000 after shopping for an additional 167.247 shares throughout the closing quarter. Lastly, DG Capital Administration LLC grew its place in Neighborhood Properly being Applications by 47.8% all through the primary quarter. DG Capital Administration LLC now owns 3,252,869 shares of the company’s stock valued at $38,612,000 after shopping for an additional 1,052,327 shares over the previous quarter. 78.41% of the stock is owned by institutional patrons.
About Neighborhood Properly being Applications
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Neighborhood Properly being Applications, Inc owns, leases, and operates frequent acute care hospitals in america. It presents frequent acute care, emergency room, frequent and specialty surgical process, essential care, inside medicine, obstetrics, diagnostic, psychiatric, and rehabilitation firms, along with professional nursing and residential care firms.
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