Market News

Glenhill Advisors Lowered Its Allscripts Healthcare Solutn (MDRX) Stake by $19.54 Million; Amazon Com (AMZN) Holder Essex Financial Services Has Raised Holding

Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX) Logo

Essex Financial Services Inc increased its stake in Amazon Com Inc (AMZN) by 8.92% based on its latest 2017Q4 regulatory filing with the SEC. Essex Financial Services Inc bought 386 shares as the company’s stock rose 28.13% while stock markets declined. The institutional investor held 4,714 shares of the consumer services company at the end of 2017Q4, valued at $5.51 million, up from 4,328 at the end of the previous reported quarter. Essex Financial Services Inc who had been investing in Amazon Com Inc for a number of months, seems to be bullish on the $696.02B market cap company. The stock increased 0.49% or $6.9449 during the last trading session, reaching $1437.735. About 1.43 million shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 76.78% since April 16, 2017 and is uptrending. It has outperformed by 65.23% the S&P500.

Glenn J. Krevlin decreased its stake in Allscripts Healthcare Solutn (MDRX) by 36.19% based on its latest 2017Q4 regulatory filing with the SEC. Glenhill Advisors Llc sold 1.40M shares as the company’s stock declined 17.90% with the market. The hedge fund run by Glenn J. Krevlin held 2.46M shares of the technology company at the end of 2017Q4, valued at $35.81M, down from 3.86M at the end of the previous reported quarter. Glenhill Advisors Llc who had been investing in Allscripts Healthcare Solutn for a number of months, seems to be less bullish one the $2.16 billion market cap company. The stock increased 1.00% or $0.12 during the last trading session, reaching $12.14. About 182,346 shares traded. Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX) has declined 6.63% since April 16, 2017 and is downtrending. It has underperformed by 18.18% the S&P500.

Investors sentiment decreased to 0.98 in Q4 2017. Its down 0.18, from 1.16 in 2017Q3. It fall, as 27 investors sold MDRX shares while 77 reduced holdings. 36 funds opened positions while 66 raised stakes. 187.17 million shares or 4.38% less from 195.75 million shares in 2017Q3 were reported. Atlantic Tru Llc reported 0% stake. Massachusetts-based Wellington Group Ltd Liability Partnership has invested 0.06% in Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX). Tributary Mngmt Ltd Limited Liability Company holds 0.13% or 106,400 shares. Fisher Asset Mgmt Limited Liability Company invested in 0.05% or 2.39 million shares. Redmile Lc invested in 1.12% or 1.77M shares. Segall Bryant Hamill Ltd Liability Co holds 0.09% or 265,754 shares in its portfolio. Glenhill Advsr Ltd Co holds 2.64% of its portfolio in Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX) for 2.46M shares. Fiduciary Mgmt Wi holds 0.6% or 6.72 million shares. Ameriprise Financial has invested 0.01% in Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX). Blue Harbour Group Lp has invested 0.21% in Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX). Diversified Tru Co holds 12,785 shares or 0.01% of its portfolio. Sector Pension Invest Board holds 0% of its portfolio in Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX) for 44,800 shares. Swiss Bankshares reported 291,400 shares stake. 22,500 are owned by Laurion Mgmt Limited Partnership. Winfield Assoc invested 0% in Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX).

Glenhill Advisors Llc, which manages about $1.36 billion US Long portfolio, upped its stake in Altaba Inc by 487,754 shares to 2.04M shares, valued at $142.25 million in 2017Q4, according to the filing. It also increased its holding in Echostar Corp (NASDAQ:SATS) by 9,434 shares in the quarter, for a total of 1.41 million shares, and has risen its stake in Ishares Tr (Put) (IWM).

Since December 14, 2017, it had 0 insider purchases, and 5 selling transactions for $772,395 activity. 15,000 Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX) shares with value of $213,840 were sold by Poulton Richard J.. Another trade for 15,000 shares valued at $215,292 was made by Black Paul on Thursday, December 14.

Among 26 analysts covering Allscripts-Misys Healthcare (NASDAQ:MDRX), 13 have Buy rating, 1 Sell and 12 Hold. Therefore 50% are positive. Allscripts-Misys Healthcare had 68 analyst reports since August 5, 2015 according to SRatingsIntel. Cantor Fitzgerald maintained Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX) rating on Thursday, November 2. Cantor Fitzgerald has “Buy” rating and $17.0 target. Citigroup maintained the shares of MDRX in report on Friday, May 13 with “Neutral” rating. On Friday, August 4 the stock rating was maintained by Oppenheimer with “Hold”. The firm has “Hold” rating by Piper Jaffray given on Wednesday, August 23. The stock has “Neutral” rating by Citigroup on Monday, August 7. The stock of Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX) has “Buy” rating given on Thursday, June 22 by Jefferies. The stock has “Buy” rating by UBS on Thursday, October 6. RBC Capital Markets maintained the stock with “Buy” rating in Sunday, October 29 report. The rating was maintained by KeyBanc Capital Markets on Wednesday, September 20 with “Hold”. The rating was maintained by RBC Capital Markets on Friday, February 19 with “Outperform”.

Analysts await Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX) to report earnings on May, 3. They expect $0.12 earnings per share, up 20.00% or $0.02 from last year’s $0.1 per share. MDRX’s profit will be $21.35M for 25.29 P/E if the $0.12 EPS becomes a reality. After $0.14 actual earnings per share reported by Allscripts Healthcare Solutions, Inc. for the previous quarter, Wall Street now forecasts -14.29% negative EPS growth.

Since December 7, 2017, it had 0 insider buys, and 13 selling transactions for $45.88 million activity. 544 Amazon.com, Inc. (NASDAQ:AMZN) shares with value of $795,502 were sold by Reynolds Shelley. WILKE JEFFREY A sold $2.91M worth of stock. Another trade for 12,666 shares valued at $18.50M was sold by Blackburn Jeffrey M. 2,216 shares were sold by Zapolsky David, worth $3.24M. Olsavsky Brian T had sold 2,333 shares worth $3.42 million on Thursday, February 15. Jassy Andrew R sold 1,985 shares worth $2.90 million.

Essex Financial Services Inc, which manages about $2.52B and $420.71M US Long portfolio, decreased its stake in Procter & Gamble Co (NYSE:PG) by 4,319 shares to 79,793 shares, valued at $7.33M in 2017Q4, according to the filing.

Amazon.com, Inc. (NASDAQ:AMZN) Institutional Positions Chart

Leave a Reply

Your email address will not be published. Required fields are marked *