Science

Cwm LLC Buys Shares of 202391 Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX)

Cwm LLC Buys Shares of 202391 Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX)

Flinton Capital Management LLC now owns 9,940 shares of the software maker's stock worth $126,000 after buying an additional 392 shares during the last quarter. Allscripts Healthcare Solutions updated its FY17 guidance to $0.61-0.63 EPS.

Other large investors have also recently added to or reduced their stakes in the company. The company also announced the acquisition of McKesson's Enterprise Solutions, which brings in a new inpatient EHR platform (Paragon) along with several additional solutions.

Allscripts executives say the purchase will enable it to increase its position in the healthcare IT industry and improve its ability to meet providers' needs. Capstone Asset Management Co. now owns 16,977 shares of the software maker's stock worth $215,000 after buying an additional 230 shares during the last quarter. Swiss National Bank invested 0% in Allscripts Healthcare Solutions Inc (NASDAQ:MDRX). Boston Partners now owns 5,415,576 shares of the software maker's stock worth $69,102,000 after buying an additional 767,249 shares during the period. Share performance for the month is now at 3.63%. We have $14.59 PT which if reached, will make NASDAQ:MDRX worth $196.00M more. Based on a recent bid, the stock is trading -50.42% away from it's 52- week high and 18.80% away from its 52 week low. Tightening the gaze, stock performance for the last 5 trading days is 4.88%. The company surged its non-GAAP revenue outlook of between $1.71 billion and $1.74 billion to a range of between $1.79 billion and $1.82 billion.

"The healthcare IT market remains highly fragmented", says Paul M. Black, Allscripts' chief executive officer.

More news: Listening to real people trumps threats in ACA repeal battle
More news: Resapwn Entertainment: Titanfall 2 "Was Successful" But Should Have Sold Better
More news: Burnley's Hannover clash abandoned after crowd trouble

Allscripts Healthcare Solutions (NASDAQ:MDRX) last issued its quarterly earnings data on Thursday, August 3rd. The software maker reported $0.11 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.15 by $0.04. The company had revenue of $426.10 million during the quarter, compared to analysts' expectations of $424.94 million. The software maker reported $0.15 EPS for the quarter, hitting analysts' consensus estimates of $0.15. On average, equities analysts forecast that Allscripts Healthcare Solutions will post $0.62 earnings per share for the current fiscal year.

ILLEGAL ACTIVITY NOTICE: This article was reported by Sports Perspectives and is the sole property of of Sports Perspectives. If you are accessing this piece of content on another publication, it was copied illegally and republished in violation of U.S. and global trademark and copyright laws. The correct version of this news story can be viewed at https://stocknewstimes.com/2017/08/05/allscripts-healthcare-solutions-inc-mdrx-position-cut-by-teachers-advisors-llc.html. This is according to the analysts polled by Thomson Reuters which have recently published research reports on the firm. Piper Jaffray Companies reaffirmed a "hold" rating and issued a $14.00 price target on shares of Allscripts Healthcare Solutions in a report on Friday, July 21st. A rating of 4 or 5 would represent a Sell recommendation. Maxim Group reiterated a "buy" rating and issued a $16.00 price objective on shares of Allscripts Healthcare Solutions in a report on Friday. The analyst recommendations from a month ago are 1 Buy, 8 Strong Buy, 0 Sell, 1 Hold and 9. Citigroup maintained the stock with "Neutral" rating in Friday, May 13 report.

In other Allscripts Healthcare Solutions news, President Richard J. Poulton sold 25,000 shares of the firm's stock in a transaction that occurred on Tuesday, May 16th. (NASDAQ:MDRX) shares typically trade an average volume of 2891.59 and institutions hold 95.30% of the total shares. Following the completion of the sale, the president now owns 412,488 shares in the company, valued at $4,974,605.28. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The Company operates through three segments: Clinical and Financial Solutions, Population Health, and Netsmart. The Clinical and Financial Solutions segment includes the sale of integrated clinical software applications and financial and information solutions, which primarily include electronic health record (EHR)-related software, financial and practice management software, related installation, support and maintenance, outsourcing, private cloud hosting, revenue cycle management, training and electronic claims administration services.


  • How to spot fake solar eclipse glasses

    In Michigan, 75 to 90 percent of the eclipse will be visible, meaning the moon will block 75 to 90 percent of the sun. That includes areas from western North Carolina through SC from Greenville to Columbia and Charleston.
    Terror accused to face Sydney court, aviation threat level lowered

    Terror accused to face Sydney court, aviation threat level lowered

    The accused men received the bomb parts in Australia and assembled what police believe was a "full functioning" IED, he said. The would-be attackers were among four men arrested in Sydney on Saturday over allegations of a potential terrorist attack.
    Cynthia Nixon reportedly considering gubernatorial run in NY

    Cynthia Nixon reportedly considering gubernatorial run in NY

    Nixon has compared Cuomo to President Donald Trump's Secretary of Education DeVos on a number of other occasions. Miner could also run for a seat in the House of Representatives.
  • Uttar Pradesh: Samajwadi Party MLC Sarojini Agarwal resigns, joins BJP

    Uttar Pradesh: Samajwadi Party MLC Sarojini Agarwal resigns, joins BJP

    Legislative Council chairman Ramesh Yadav accepted Agrawal's resignation and notified that her seat had fallen vacant. Adityanath and Maurya are both Lok Sabha members. "SP will emerge stronger after the exit of such leaders, " he said.
    Feature: Mysterious braid chopping triggers scare among Indian women

    Feature: Mysterious braid chopping triggers scare among Indian women

    In the last two-three days, similar cases had also come up in some areas, including Bathinda, Muktsar and Malout of the state. The woman was then sent to hospital by the police, and following primary treatment she was discharged.

    Wembley test for Chelsea, Arsenal after tough offseason

    Also notable, is the fact that Arsenal have won six of their eight Community Shields played under Arsene Wenger . It means there's no room for more signings at the Emirates.
  • Wenger Sets Arsenal 85-Point Target For New Season

    When he goes on the football pitch, he wants to win. "He loves so much the game and what he does". I always was not in favour of that.
    PSG officially confirm world record €222m signing of Neymar from Barcelona

    PSG officially confirm world record €222m signing of Neymar from Barcelona

    Neymar , who represents the national team of Brazil , will earn 45m euros (£40.7m) a year - 865,000 euros (£782,000) a week. PSG president Nasser Al-Khelaifi backed up Neymar's assertion that he could have gone elsewhere for more money.
    Farah wins final 10000m of his career

    Farah wins final 10000m of his career

    He had to survive a couple of trips from behind, including one with about 300m to go which forced him to step infield. Bolt will race in the third and final semi-final, scheduled at 1819 GMT, with the final slated for 2045 GMT.
  • Haryana: BJP chief's son arrested for stalking woman, drunk driving

    Haryana: BJP chief's son arrested for stalking woman, drunk driving

    According to reports, Vikas was arrested along with a friend for allegedly following a girl's vehicle late on Friday night. Subhash Barala is a sitting legislator of Haryana's ruling BJP from Tohana assembly seat and a powerful Jat leader.
    Do the Kardashians think Caitlyn Jenner is a hypocrite?

    Do the Kardashians think Caitlyn Jenner is a hypocrite?

    After Trump tweeted his ban on trans military members, Jenner lashed out at him on Twitter and in a blog post on her website . When she got to the auto she picked up the hat, finally saw the inscription and realized what she had done.
    ABQ Mayor Berry to Jeff Sessions: Albuquerque is not a sanctuary city

    ABQ Mayor Berry to Jeff Sessions: Albuquerque is not a sanctuary city

    In fact, Berry said, Immigration and Customs Enforcement staffing at the prison transport center fell in recent years. But city officials also said the city doesn't anticipate losing any federal assistance.