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

StockNews.com initiated coverage on shares of Comstock Holding Companies (NASDAQ:CHCI) in a research report sent to investors on Friday morning. The brokerage issued a hold rating on the construction company’s stock.

Comstock Holding Companies Trading Down 1.2 %

NASDAQ CHCI opened at $6.48 on Friday. The company has a fifty day simple moving average of $7.81 and a 200 day simple moving average of $8.71. The company has a market cap of $64.08 million, a P/E ratio of 10.98 and a beta of 0.62. Comstock Holding Companies has a 1 year low of $4.60 and a 1 year high of $14.48.

Institutional Trading of Comstock Holding Companies

Several large investors have recently modified their holdings of the company. Dimensional Fund Advisors LP boosted its holdings in shares of 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 buying an additional 1,888 shares during the period. Barclays PLC bought a new stake in shares of Comstock Holding Companies during the 4th quarter worth $40,000. Renaissance Technologies LLC boosted its holdings in shares of 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 buying an additional 2,100 shares during the period. Finally, Geode Capital Management LLC boosted its holdings in shares of 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 during the period. 6.45% of the stock is owned by 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.