Comstock Holding Companies (NASDAQ:CHCI) Now Covered by StockNews.com

Investment analysts at StockNews.com assumed coverage on shares of Comstock Holding Companies (NASDAQ:CHCI – Get Rating) in a research note issued on Wednesday. The firm set a “buy” rating on the construction company’s stock.

Comstock Holding Companies Stock Down 0.5 %

Comstock Holding Companies stock opened at $4.11 on Wednesday. The firm has a 50-day moving average price of $4.64 and a two-hundred day moving average price of $4.55. The firm has a market capitalization of $39.63 million, a price-to-earnings ratio of 4.78 and a beta of 1.05. Comstock Holding Companies has a 52-week low of $3.59 and a 52-week high of $6.94.

Comstock Holding Companies (NASDAQ:CHCI – Get Rating) last posted its earnings results on Wednesday, March 29th. The construction company reported $0.13 earnings per share (EPS) for the quarter. The firm had revenue of $9.30 million during the quarter. Comstock Holding Companies had a net margin of 14.15% and a return on equity of 21.56%.

Institutional Trading of Comstock Holding Companies

A hedge fund recently raised its stake in Comstock Holding Companies stock. Dimensional Fund Advisors LP lifted its stake in Comstock Holding Companies, Inc. (NASDAQ:CHCI – Get Rating) by 22.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 31,441 shares of the construction company’s stock after acquiring an additional 5,849 shares during the period. Dimensional Fund Advisors LP owned 0.33% of Comstock Holding Companies worth $134,000 as of its most recent filing with the Securities and Exchange Commission. 6.09% of the stock is currently owned by institutional investors.

About Comstock Holding Companies

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Comstock Holding Cos., Inc engages in the development of real estate properties and provision of asset management services. It operates through the following segments: Asset Management and Real Estate Services. The Asset Management segment management provides services to real estate assets and businesses that include commercial real estate uses, including apartments, hotels, office buildings, commercial garages, leased lands, retail stores, mixed-use developments, and urban transit-oriented development.