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Nelnet, Inc. (NNI) Reaches $61.84 High on May, 16; Dynamic Capital Management LTD Has Boosted Cerner (CERN) Stake By $3.61 Million

Cerner Corporation (NASDAQ:CERN) Logo

Dynamic Capital Management Ltd increased Cerner Corp (CERN) stake by 966.94% reported in 2017Q4 SEC filing. Dynamic Capital Management Ltd acquired 53,897 shares as Cerner Corp (CERN)’s stock declined 14.44%. The Dynamic Capital Management Ltd holds 59,471 shares with $4.01M value, up from 5,574 last quarter. Cerner Corp now has $19.91 billion valuation. The stock increased 2.92% or $1.7 during the last trading session, reaching $60. About 1.20M shares traded. Cerner Corporation (NASDAQ:CERN) has declined 2.77% since May 16, 2017 and is downtrending. It has underperformed by 14.32% the S&P500.

The stock of Nelnet, Inc. (NYSE:NNI) reached all time high today, May, 16 and still has $66.79 target or 8.00% above today’s $61.84 share price. This indicates more upside for the $2.52B company. This technical setup was reported by Barchart.com. If the $66.79 PT is reached, the company will be worth $201.28 million more. The stock increased 2.05% or $1.24 during the last trading session, reaching $61.84. About 49,502 shares traded. Nelnet, Inc. (NYSE:NNI) has risen 23.30% since May 16, 2017 and is uptrending. It has outperformed by 11.75% the S&P500.

Dynamic Capital Management Ltd decreased Allergan Plc stake by 16,441 shares to 16,550 valued at $2.71 million in 2017Q4. It also reduced Vertex Pharmaceuticals Inc (NASDAQ:VRTX) stake by 5,102 shares and now owns 5,081 shares. Lauder Estee Cos Inc (NYSE:EL) was reduced too.

Investors sentiment increased to 1.05 in 2017 Q4. Its up 0.07, from 0.98 in 2017Q3. It is positive, as 42 investors sold CERN shares while 217 reduced holdings. 78 funds opened positions while 194 raised stakes. 251.96 million shares or 4.52% less from 263.89 million shares in 2017Q3 were reported. Cambridge Rech Advsrs reported 48,291 shares. Vigilant Cap Mgmt Ltd Liability owns 405 shares for 0% of their portfolio. Cubist Systematic Strategies Limited Liability Corp holds 0.01% in Cerner Corporation (NASDAQ:CERN) or 1,995 shares. Apg Asset Mngmt Nv stated it has 0.12% of its portfolio in Cerner Corporation (NASDAQ:CERN). Moreover, Dnb Asset Mgmt As has 0.23% invested in Cerner Corporation (NASDAQ:CERN) for 280,368 shares. Boys Arnold Com has 4,507 shares. Adell Harriman And Carpenter invested 0.45% of its portfolio in Cerner Corporation (NASDAQ:CERN). Miles Capital stated it has 18,409 shares or 0.72% of all its holdings. Seaward Management Limited Partnership holds 57,064 shares or 0.18% of its portfolio. Engineers Gate Manager Limited Partnership owns 0.03% invested in Cerner Corporation (NASDAQ:CERN) for 5,874 shares. Headinvest Limited Liability Com stated it has 0.22% of its portfolio in Cerner Corporation (NASDAQ:CERN). Rafferty Asset Management Ltd Llc reported 0.02% in Cerner Corporation (NASDAQ:CERN). Timber Hill Ltd reported 0.11% stake. Raymond James & Associates reported 261,360 shares. Umb State Bank N A Mo has invested 0.93% of its portfolio in Cerner Corporation (NASDAQ:CERN).

Since December 13, 2017, it had 0 buys, and 5 sales for $38.05 million activity. ILLIG CLIFFORD W also sold $19.85M worth of Cerner Corporation (NASDAQ:CERN) shares. Battaglioli Michael R. had sold 4,000 shares worth $279,560. TOWNSEND JEFFREY A sold $14.25M worth of Cerner Corporation (NASDAQ:CERN) on Tuesday, February 13. $3.50 million worth of stock was sold by BURKE ZANE M on Wednesday, December 13.

More notable recent Cerner Corporation (NASDAQ:CERN) news were published by: Nasdaq.com which released: “Cerner and Uniform Data System for Medical Rehabilitation Create Standardized Integration” on May 15, 2018, also Nasdaq.com with their article: “Crisp Regional Health, Inc. Selects Cerner Integrated EHR to Support Improved Patient Care” published on May 16, 2018, Seekingalpha.com published: “Premarket analyst action – healthcare” on April 23, 2018. More interesting news about Cerner Corporation (NASDAQ:CERN) were released by: Globenewswire.com and their article: “Mayo Regional Hospital Selects Cerner CommunityWorks” published on May 08, 2018 as well as Globenewswire.com‘s news article titled: “Cerner Reports First Quarter 2018 Results” with publication date: May 02, 2018.

Among 29 analysts covering Cerner Corporation (NASDAQ:CERN), 15 have Buy rating, 0 Sell and 14 Hold. Therefore 52% are positive. Cerner Corporation had 115 analyst reports since August 5, 2015 according to SRatingsIntel. As per Friday, October 16, the company rating was reinitiated by Jefferies. The stock of Cerner Corporation (NASDAQ:CERN) earned “Buy” rating by Deutsche Bank on Sunday, August 23. Jefferies maintained Cerner Corporation (NASDAQ:CERN) on Friday, August 11 with “Buy” rating. UBS initiated the shares of CERN in report on Thursday, October 6 with “Neutral” rating. As per Monday, October 30, the company rating was maintained by SunTrust. Barclays Capital downgraded Cerner Corporation (NASDAQ:CERN) rating on Thursday, January 19. Barclays Capital has “Equal Weight” rating and $52 target. The rating was initiated by Avondale on Wednesday, October 21 with “Market Outperform”. The firm has “Buy” rating given on Sunday, July 9 by Cantor Fitzgerald. The firm has “Equal-Weight” rating by Morgan Stanley given on Thursday, August 10. On Thursday, May 3 the stock rating was maintained by Canaccord Genuity with “Buy”.

Nelnet, Inc. provides education related services and products, and student loan asset management services in the United States and internationally. The company has market cap of $2.52 billion. The company's Loan Systems and Servicing segment is involved in loan servicing activities, such as loan conversion, application processing, borrower updates, customer service, payment processing, due diligence procedures, funds management reconciliation, and claim processing activities for the company's student loan portfolio and for third-party clients. It has a 14.92 P/E ratio. This segment also provides software and data center, borrower and loan updates, default aversion tracking, claim processing, and post-default collection services for guarantee agencies; and contact center solutions, as well as licenses student loan servicing software to third-party student loan holders and servicers.

More news for Nelnet, Inc. (NYSE:NNI) were recently published by: Globenewswire.com, which released: “Factors of Influence in 2018, Key Indicators and Opportunity within Perficient, LogMein, City Holding, Nelnet, US …” on May 02, 2018. Prnewswire.com‘s article titled: “Nelnet Mourns the Death of Board Vice Chairman Stephen Butterfield” and published on April 17, 2018 is yet another important article.

Since January 23, 2018, it had 0 insider buys, and 4 selling transactions for $419,680 activity. On Thursday, March 15 the insider Farrell Kathleen Anne sold $107,940. 2,000 Nelnet, Inc. (NYSE:NNI) shares with value of $105,120 were sold by MUHLEISEN ANGIE.

Nelnet, Inc. (NYSE:NNI) Institutional Positions Chart

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