Equities researchers at StockNews.com started coverage on shares of Comstock Holding Companies (NASDAQ:CHCI – Get Free Report) in a report issued on Tuesday. The firm set a “buy” rating on the construction company’s stock.
Separately, TheStreet lowered shares of Comstock Holding Companies from a “b-” rating to a “c+” rating in a research note on Tuesday, March 12th.
View Our Latest Research Report on Comstock Holding Companies
Comstock Holding Companies Stock Up 3.8 %
Comstock Holding Companies (NASDAQ:CHCI – Get Free Report) last issued its quarterly earnings data on Thursday, March 21st. The construction company reported $0.18 EPS for the quarter. Comstock Holding Companies had a net margin of 17.41% and a return on equity of 23.57%. The business had revenue of $11.02 million for the quarter.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of CHCI. Royal Bank of Canada increased its stake in shares of Comstock Holding Companies by 56.0% during the 2nd quarter. Royal Bank of Canada now owns 32,126 shares of the construction company’s stock worth $134,000 after purchasing an additional 11,526 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Comstock Holding Companies by 22.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 31,441 shares of the construction company’s stock worth $134,000 after purchasing an additional 5,849 shares during the last quarter. Finally, Renaissance Technologies LLC boosted its holdings in shares of Comstock Holding Companies by 3.8% during the 2nd quarter. Renaissance Technologies LLC now owns 159,464 shares of the construction company’s stock worth $668,000 after buying an additional 5,800 shares during the period. 6.45% of the stock is currently owned by institutional investors and hedge funds.
Comstock Holding Companies Company Profile
Comstock Holding Companies, Inc operates as a real estate asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, DC region. The company acquires, develops, operates, and sells residential, commercial, and mixed-use properties. It also provides various asset and property management, development and construction management, and other real estate services to its asset-owning clients, which include primarily of institutional real estate investors, high net worth family offices, and governmental bodies.
Further Reading
- Five stocks we like better than Comstock Holding Companies
- Airline Stocks – Top Airline Stocks to Buy Now
- United Airlines Soars on Earnings Beat
- What is a Dividend Harvesting Strategy and How Can Investors Profit from it?
- J.B. Hunt Hits the Skids: Lower Prices to Come
- How the NYSE and NASDAQ are Different, Why That Matters to Investors
- Predicting a Bear Market: 7 Signs and Why it’s Tough to Do
Receive News & Ratings for Comstock Holding Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Comstock Holding Companies and related companies with MarketBeat.com's FREE daily email newsletter.