California Public Employees Retirement System reduced its position in shares of Concord Medical Services Holdings Limited (NYSE:CCM) by 2.5% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 102,800 shares of the company’s stock after selling 2,600 shares during the period. California Public Employees Retirement System owned 0.71% of Concord Medical Services Holdings Limited worth $485,000 as of its most recent SEC filing.
Separately, Renaissance Technologies LLC boosted its position in shares of Concord Medical Services Holdings Limited by 4.3% in the fourth quarter. Renaissance Technologies LLC now owns 134,500 shares of the company’s stock worth $618,000 after buying an additional 5,600 shares during the period. 12.46% of the stock is currently owned by institutional investors.
Shares of Concord Medical Services Holdings Limited (NYSE CCM) traded up 0.25% on Wednesday, hitting $4.01. 3,341 shares of the stock were exchanged. The firm’s 50-day moving average is $3.99 and its 200-day moving average is $4.25. The company’s market cap is $175.13 million. Concord Medical Services Holdings Limited has a one year low of $3.22 and a one year high of $4.96.
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Separately, Zacks Investment Research cut shares of Concord Medical Services Holdings Limited from a “buy” rating to a “hold” rating in a research note on Wednesday, August 9th.
Concord Medical Services Holdings Limited Company Profile
Concord Medical Services Holdings Limited is engaged in the leasing of radiotherapy and diagnostic imaging equipment, the provision of management services to hospitals. The Company is also engaged in hospital operations. The Company’s segments are network and premium cancer hospital. The Company operates a network of radiotherapy and diagnostic imaging centers in China.
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