Wednesday, 30 May 2018

As Allscripts Healthcare Solutn (MDRX) Market Value Declined, Blue Harbour Group LP Has Trimmed Its Position by $2.40 Million; Edgemoor Investment Advisors Lifted Lamar Advertising Co New (LAMR) Stake by $431,865 as Stock Price Declined

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Clifton S. Robbins decreased its stake in Allscripts Healthcare Solutn (MDRX) by 50% based on its latest 2018Q1 regulatory filing with the SEC. Blue Harbour Group Lp sold 200,000 shares as the company’s stock declined 7.90% with the market. The hedge fund run by Clifton S. Robbins held 200,000 shares of the technology company at the end of 2018Q1, valued at $2.47M, down from 400,000 at the end of the previous reported quarter. Blue Harbour Group Lp who had been investing in Allscripts Healthcare Solutn for a number of months, seems to be less bullish one the $2.27 billion market cap company. The stock increased 0.47% or $0.06 during the last trading session, reaching $12.76. About 1.44M shares traded. Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX) has risen 10.53% since May 30, 2017 and is uptrending. It has underperformed by 2.04% the S&P500.

Edgemoor Investment Advisors Inc increased its stake in Lamar Advertising Co New (LAMR) by 7.05% based on its latest 2018Q1 regulatory filing with the SEC. Edgemoor Investment Advisors Inc bought 6,855 shares as the company’s stock declined 5.60% with the market. The institutional investor held 104,068 shares of the real estate investment trusts company at the end of 2018Q1, valued at $6.63M, up from 97,213 at the end of the previous reported quarter. Edgemoor Investment Advisors Inc who had been investing in Lamar Advertising Co New for a number of months, seems to be bullish on the $6.76B market cap company. The stock increased 0.07% or $0.05 during the last trading session, reaching $68.62. About 310,374 shares traded. Lamar Advertising Company (NASDAQ:LAMR) has declined 2.93% since May 30, 2017 and is downtrending. It has underperformed by 15.50% the S&P500.

Among 12 analysts covering Lamar Advertising (NASDAQ:LAMR), 6 have Buy rating, 1 Sell and 5 Hold. Therefore 50% are positive. Lamar Advertising had 21 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of Lamar Advertising Company (NASDAQ:REIT) earned “Equal-Weight” rating by Morgan Stanley on Friday, February 9. The company was maintained on Thursday, November 5 by FBR Capital. The stock of Lamar Advertising Company (NASDAQ:REIT) earned “Buy” rating by Goldman Sachs on Tuesday, January 17. The rating was maintained by Citigroup on Friday, August 11 with “Neutral”. The firm has “Neutral” rating by M Partners given on Wednesday, February 24. M Partners maintained Lamar Advertising Company (NASDAQ:REIT) on Friday, January 8 with “Neutral” rating. The firm has “Buy” rating by Topeka Capital Markets given on Tuesday, December 8. The firm earned “Hold” rating on Thursday, August 6 by Topeka Capital Markets. The stock of Lamar Advertising Company (NASDAQ:REIT) has “Neutral” rating given on Wednesday, February 24 by Wedbush. Topeka Capital Markets maintained it with “Hold” rating and $59 target in Monday, September 21 report.

Edgemoor Investment Advisors Inc, which manages about $707.10 million and $751.21M US Long portfolio, decreased its stake in Boeing Co (NYSE:BA) by 965 shares to 56,917 shares, valued at $18.66 million in 2018Q1, according to the filing. It also reduced its holding in Merck & Co Inc (NYSE:MRK) by 12,146 shares in the quarter, leaving it with 112,590 shares, and cut its stake in Anthem Inc (NYSE:ANTM).

Investors sentiment increased to 1.1 in Q1 2018. Its up 0.10, from 1 in 2017Q4. It improved, as 29 investors sold LAMR shares while 97 reduced holdings. 49 funds opened positions while 89 raised stakes. 79.91 million shares or 1.52% less from 81.15 million shares in 2017Q4 were reported. Tudor Invest Et Al reported 0.01% in Lamar Advertising Company (NASDAQ:REIT). Comerica Bancorporation has invested 0.09% in Lamar Advertising Company (NASDAQ:REIT). Ltd Ca, California-based fund reported 5,300 shares. Deutsche Financial Bank Ag holds 0.01% in Lamar Advertising Company (NASDAQ:REIT) or 188,104 shares. Royal Commercial Bank Of Canada reported 2.25M shares or 0.06% of all its holdings. Jane Street Grp Inc Ltd Com stated it has 5,047 shares. 137,763 were reported by Manufacturers Life Ins The. Kayne Anderson Rudnick Mngmt holds 576,639 shares. Thompson Siegel And Walmsley Limited Liability Company owns 0% invested in Lamar Advertising Company (NASDAQ:REIT) for 147 shares. Art Advsrs Ltd Llc invested in 0.1% or 39,998 shares. Btim has 0.14% invested in Lamar Advertising Company (NASDAQ:REIT). Alliancebernstein Ltd Partnership holds 0.02% or 394,179 shares. Advantus Capital Mgmt reported 10,247 shares. Ws Management Lllp, Florida-based fund reported 373,200 shares. Pub Employees Retirement Systems Of Ohio reported 0.01% stake.

Since December 14, 2017, it had 0 buys, and 2 selling transactions for $3.04 million activity. ISTRE KEITH A sold 41,075 shares worth $2.73 million.

Blue Harbour Group Lp, which manages about $2.20B and $2.88B US Long portfolio, upped its stake in Wesco Intl Inc (NYSE:WCC) by 1.36M shares to 1.48M shares, valued at $92.12 million in 2018Q1, according to the filing. It also increased its holding in Open Text Corp (NASDAQ:OTEX) by 461,923 shares in the quarter, for a total of 9.79M shares, and has risen its stake in Xilinx Inc (NASDAQ:XLNX).

Analysts await Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX) to report earnings on August, 2. They expect $0.13 earnings per share, up 18.18% or $0.02 from last year’s $0.11 per share. MDRX’s profit will be $23.14 million for 24.54 P/E if the $0.13 EPS becomes a reality. After $0.11 actual earnings per share reported by Allscripts Healthcare Solutions, Inc. for the previous quarter, Wall Street now forecasts 18.18% EPS growth.

Investors sentiment increased to 1.07 in Q1 2018. Its up 0.09, from 0.98 in 2017Q4. It is positive, as 16 investors sold MDRX shares while 81 reduced holdings. 39 funds opened positions while 65 raised stakes. 182.67 million shares or 2.41% less from 187.17 million shares in 2017Q4 were reported. Highbridge Cap Management Limited Liability Corp reported 45,694 shares. Geode Management Ltd Llc accumulated 1.94 million shares or 0.01% of the stock. Captrust Financial has 1,550 shares. Strs Ohio holds 0% or 17,000 shares. Moreover, Cubist Systematic Strategies Ltd Liability has 0.03% invested in Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX). Raymond James reported 57,670 shares. Alliancebernstein Lp has invested 0% in Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX). Ing Groep Nv has invested 0.01% in Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX). Envestnet Asset Mgmt invested in 34,931 shares or 0% of the stock. Schwab Charles Inv Mngmt stated it has 1.64 million shares or 0.02% of all its holdings. San Francisco Sentry Inv (Ca) holds 0.01% of its portfolio in Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX) for 1,675 shares. Koch Indus reported 0.04% in Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX). 54,354 are held by Art Advsrs Ltd Com. Teachers Retirement Systems Of The State Of Kentucky owns 0% invested in Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX) for 32,646 shares. Moreover, State Treasurer State Of Michigan has 0.01% invested in Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX).

More notable recent Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX) news were published by: Profitconfidential.com which released: “An Absolutely Massive Move in MDRX Stock Is Brewing” on May 25, 2018, also Nasdaq.com with their article: “Market Trends Toward New Normal in Dynavax Technologies, Synergy Resources, Allscripts Healthcare Solutions …” published on May 16, 2018, Globenewswire.com published: “Allscripts to deliver anesthesia solution across SingHealth healthcare institutions” on May 24, 2018. More interesting news about Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX) were released by: Nasdaq.com and their article: “Allscripts Sunrise(TM) powers The Dudley Group NHS Foundation Trust to transform delivery of care” published on May 23, 2018 as well as Seekingalpha.com‘s news article titled: “Allscripts Healthcare Solutions (MDRX) Q1 2018 Results – Earnings Call Transcript” with publication date: May 04, 2018.

Lamar Advertising Company (NASDAQ:REIT) Ratings Chart

The post As Allscripts Healthcare Solutn (MDRX) Market Value Declined, Blue Harbour Group LP Has Trimmed Its Position by $2.40 Million; Edgemoor Investment Advisors Lifted Lamar Advertising Co New (LAMR) Stake by $431,865 as Stock Price Declined appeared first on Stock Market News | HillCountryTimes | Get it Today.



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