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As Community Health Sys New (CYH) Valuation Rose, Pomelo Capital Boosted Stake; Minerva Advisors Upped Saga Communications (SGA) Position

Philip Rosenstrach increased its stake in Community Health Sys Inc New (CYH) by 645.72% based on its latest 2017Q3 regulatory filing with the SEC. Pomelo Capital Llc bought 64,572 shares as the company’s stock rose 42.61% with the market. The hedge fund run by Philip Rosenstrach held 74,572 shares of the health care company at the end of 2017Q3, valued at $573,000, up from 10,000 at the end of the previous reported quarter. Pomelo Capital Llc who had been investing in Community Health Sys Inc New for a number of months, seems to be bullish on the $576.84M market cap company. The stock increased 3.62% or $0.18 during the last trading session, reaching $5.15. About 8.36M shares traded or 143.44% up from the average. Community Health Systems, Inc. (NYSE:CYH) has declined 21.59% since January 14, 2017 and is downtrending. It has underperformed by 38.29% the S&P500.

Minerva Advisors Llc increased its stake in Saga Communications Inc (SGA) by 13.51% based on its latest 2017Q3 regulatory filing with the SEC. Minerva Advisors Llc bought 8,512 shares as the company’s stock declined 1.03% while stock markets rallied. The hedge fund held 71,509 shares of the consumer services company at the end of 2017Q3, valued at $3.26M, up from 62,997 at the end of the previous reported quarter. Minerva Advisors Llc who had been investing in Saga Communications Inc for a number of months, seems to be bullish on the $250.16 million market cap company. The stock increased 0.83% or $0.35 during the last trading session, reaching $42.35. About 3,029 shares traded. Saga Communications, Inc. (NYSEMKT:SGA) has risen 15.97% since January 14, 2017 and is uptrending. It has underperformed by 0.73% the S&P500.

Among 28 analysts covering Community Health (NYSE:CYH), 3 have Buy rating, 10 Sell and 15 Hold. Therefore 11% are positive. Community Health had 88 analyst reports since August 5, 2015 according to SRatingsIntel. The company was downgraded on Tuesday, February 16 by Jefferies. The rating was maintained by Oppenheimer with “Buy” on Thursday, July 27. Piper Jaffray maintained Community Health Systems, Inc. (NYSE:CYH) on Monday, September 11 with “Sell” rating. Morgan Stanley initiated Community Health Systems, Inc. (NYSE:CYH) on Wednesday, June 7 with “Underweight” rating. On Friday, October 13 the stock rating was maintained by SunTrust with “Hold”. The firm has “Hold” rating by RBC Capital Markets given on Sunday, July 23. On Friday, November 3 the stock rating was maintained by Citigroup with “Neutral”. Credit Suisse downgraded the stock to “Underperform” rating in Friday, November 11 report. As per Friday, October 13, the company rating was maintained by Piper Jaffray. The firm has “Hold” rating by RBC Capital Markets given on Monday, June 19.

Investors sentiment increased to 1.01 in Q3 2017. Its up 0.06, from 0.95 in 2017Q2. It is positive, as 38 investors sold CYH 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. Gp One Trading Lp accumulated 65,727 shares. 8,353 are held by Ameritas Prtnrs. Nj State Employees Deferred Compensation Plan holds 50,000 shares or 0.07% of its portfolio. Frontfour Group Incorporated Ltd Liability Corp holds 0.02% of its portfolio in Community Health Systems, Inc. (NYSE:CYH) for 14,762 shares. State Of New Jersey Common Pension Fund D has invested 0.01% in Community Health Systems, Inc. (NYSE:CYH). Sg Americas Securities Ltd Llc has 0.01% invested in Community Health Systems, Inc. (NYSE:CYH). Barnett & Company accumulated 0% or 200 shares. Kohlberg Kravis Roberts Communication Lp holds 2.93 million shares or 0.26% of its portfolio. Schwab Charles Inv Management Incorporated owns 1.34 million shares or 0.01% of their US portfolio. Sector Pension Invest Board has invested 0% of its portfolio in Community Health Systems, Inc. (NYSE:CYH). Tower Rech Capital Llc (Trc) owns 8,298 shares. Utd Cap Fin Advisers Lc holds 0% or 19,210 shares in its portfolio. Ironwood Fin Lc holds 0% of its portfolio in Community Health Systems, Inc. (NYSE:CYH) for 27 shares. Morgan Stanley has invested 0% in Community Health Systems, Inc. (NYSE:CYH). Tiedemann Wealth Mgmt Lc owns 20,234 shares.

Since August 11, 2017, it had 3 insider purchases, and 0 sales for $76.86 million activity.

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