Geode Capital Management LLC Purchases 4,371 Shares of Comstock Holding Companies, Inc. (NASDAQ:CHCI)

Geode Capital Management LLC raised its stake in Comstock Holding Companies, Inc. (NASDAQ:CHCI) by 2.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 170,117 shares of the construction company’s stock after purchasing an additional 4,371 shares during the period. Geode Capital Management LLC owned approximately 1.73% of Comstock Holding Companies worth $1,700,000 as of its most recent SEC filing.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded shares of Comstock Holding Companies from a “buy” rating to a “hold” rating in a research note on Tuesday, December 10th.

Comstock Holding Companies Trading Down 3.0 %

CHCI stock opened at $8.04 on Thursday. Comstock Holding Companies, Inc. has a 1-year low of $4.49 and a 1-year high of $14.48. The business’s 50 day moving average is $8.81 and its 200-day moving average is $8.31. The firm has a market cap of $79.51 million, a P/E ratio of 13.63 and a beta of 0.66.

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.