Palouse Capital Management lowers stake in CHS

Palouse Capital Management holds 93,240 shares of Community Health Systems after reducing its stake in the Franklin, Tenn.-based for-profit hospital operator by 5.1 percent in the most recent quarter, according to a Securities and Exchange Commission filing.

The hedge fund's shares of CHS are valued at $496,037. CHS makes up about 0.22 percent of Palouse Capital's portfolio, according to Founders Daily.

Other hedge funds, including Dupont Capital Management, also reduced their stakes in CHS in the most recent quarter.

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