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

StockNews.com began coverage on shares of Comstock Holding Companies (NASDAQ:CHCI) in a report released on Thursday morning. The firm issued a hold rating on the construction company’s stock.

Comstock Holding Companies Trading Up 1.9 %

CHCI stock opened at $7.14 on Thursday. Comstock Holding Companies has a 1-year low of $4.60 and a 1-year high of $14.48. The firm has a market cap of $70.65 million, a P/E ratio of 12.11 and a beta of 0.66. The business’s 50 day moving average is $7.96 and its 200-day moving average is $8.72.

Institutional Investors Weigh In On Comstock Holding Companies

Several large investors have recently modified their holdings of the stock. Barclays PLC bought a new stake in Comstock Holding Companies during the 4th quarter worth approximately $40,000. Dimensional Fund Advisors LP grew its position in Comstock Holding Companies by 5.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 34,042 shares of the construction company’s stock worth $272,000 after acquiring an additional 1,888 shares during the last quarter. Renaissance Technologies LLC grew its position in Comstock Holding Companies by 1.4% during the 4th quarter. Renaissance Technologies LLC now owns 151,479 shares of the construction company’s stock worth $1,224,000 after acquiring an additional 2,100 shares during the last quarter. Finally, Geode Capital Management LLC lifted its holdings in Comstock Holding Companies by 2.6% during the 4th quarter. Geode Capital Management LLC now owns 174,550 shares of the construction company’s stock worth $1,395,000 after buying an additional 4,433 shares in the last quarter. 6.45% of the stock is currently owned by institutional investors.

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.