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

StockNews.com began coverage on shares of Comstock Holding Companies (NASDAQ:CHCI) in a research note issued to investors on Wednesday. The firm issued a hold rating on the construction company’s stock.

Comstock Holding Companies Stock Performance

NASDAQ CHCI opened at $7.02 on Wednesday. The company has a market capitalization of $69.42 million, a PE ratio of 11.90 and a beta of 0.66. The business’s fifty day moving average is $8.05 and its 200 day moving average is $8.73. Comstock Holding Companies has a fifty-two week low of $4.60 and a fifty-two week high of $14.48.

Hedge Funds Weigh In On Comstock Holding Companies

Several institutional investors and hedge funds have recently bought and sold shares of CHCI. Barclays PLC purchased a new position in Comstock Holding Companies during the fourth quarter valued at $40,000. Dimensional Fund Advisors LP lifted its position in shares of Comstock Holding Companies by 5.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 34,042 shares of the construction company’s stock valued at $272,000 after acquiring an additional 1,888 shares in the last quarter. Renaissance Technologies LLC lifted its position in shares of Comstock Holding Companies by 1.4% in the fourth quarter. Renaissance Technologies LLC now owns 151,479 shares of the construction company’s stock valued at $1,224,000 after acquiring an additional 2,100 shares in the last quarter. Finally, Geode Capital Management LLC lifted its position in shares of Comstock Holding Companies by 2.6% in the fourth quarter. Geode Capital Management LLC now owns 174,550 shares of the construction company’s stock valued at $1,395,000 after acquiring an additional 4,433 shares in the last quarter. 6.45% of the stock is currently owned by hedge funds and other institutional investors.

About Comstock Holding Companies

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.