StockNews.com started coverage on shares of Comstock Holding Companies (NASDAQ:CHCI – Free Report) in a research report report published on Tuesday morning. The firm issued a buy rating on the construction company’s stock.
Separately, TheStreet downgraded Comstock Holding Companies from a b- rating to a c+ rating in a report on Tuesday, March 12th.
View Our Latest Research Report on Comstock Holding Companies
Comstock Holding Companies Trading Up 0.4 %
Comstock Holding Companies (NASDAQ:CHCI – Get Free Report) last posted its quarterly earnings data on Thursday, March 21st. The construction company reported $0.18 earnings per share for the quarter. Comstock Holding Companies had a net margin of 17.41% and a return on equity of 23.57%. The firm had revenue of $11.02 million for the quarter.
Institutional Investors Weigh In On Comstock Holding Companies
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Renaissance Technologies LLC lifted its holdings in Comstock Holding Companies by 3.8% in the second quarter. Renaissance Technologies LLC now owns 159,464 shares of the construction company’s stock valued at $668,000 after acquiring an additional 5,800 shares during the period. Royal Bank of Canada raised 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 buying an additional 11,526 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised 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 buying an additional 5,849 shares during the last quarter. Institutional investors and hedge funds own 6.45% of the company’s stock.
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.
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