Comstock Holding Companies (NASDAQ:CHCI) receives new analyst coverage on began covering stocks of Comstock Holding Companies (NASDAQ:CHCI – Get Note) in a note released Monday to investors. The brokerage has placed a “buy” rating on the shares of the construction company.

Shares of NASDAQ CHCI opened at $4.86 on Monday. The company has a quick ratio of 4.83, a current ratio of 4.83 and a leverage ratio of 0.27. The company’s 50-day moving average is $4.88 and its two-hundred-day moving average is $4.81. The company has a market capitalization of $40.53 million, a P/E ratio of 2.88 and a beta of 1.20. Comstock Holding Companies has a 12-month low of $3.86 and a 12-month high of $8.24.

Comstock Holding Companies (NASDAQ:CHCI – Get Rating) last released quarterly results on Monday, May 16. The construction company reported EPS of $0.22 for the quarter. The company had revenue of $8.73 million for the quarter. Comstock Holding Companies had a return on equity of 95.76% and a net margin of 45.81%.

Several institutional investors and hedge funds have recently increased or reduced their stake in CHCI. Citadel Advisors LLC purchased a new stake in shares of Comstock Holding Companies during the second quarter at a value of approximately $110,000. Dimensional Fund Advisors LP purchased a new stake in shares of Comstock Holding Companies during the third quarter, valued at approximately $164,000. Finally, Geode Capital Management LLC increased its position in shares of Comstock Holding Companies by 4.3% during the third quarter. Geode Capital Management LLC now owns 132,209 shares of the construction company valued at $632,000 after purchasing an additional 5,457 shares during the period. Institutional investors and hedge funds hold 7.03% of the company’s shares.

Company Profile Comstock Holding Companies (Get a rating)

Comstock Holding Companies, Inc. develops, operates and manages mixed-use and transit-oriented properties primarily in the Washington, DC metro area. The Company operates a portfolio of 34 operating assets, which include 14 retail assets totaling approximately 2.2 million square feet; 6 multi-family assets totaling 1,636 units; and 14 commercial garages with approximately 11,000 parking spaces.

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