Could Cerner Corporation (CERN) Change Direction After Reaching 52-Week High?

Therefore 57% are positive. Saipem SpA had 7 analyst reports since July 29, 2015 according to SRatingsIntel. As per Wednesday, November 4, the company rating was downgraded by Macquarie Research. On Tuesday, October 13 the stock rating was upgraded by Credit Suisse to “Outperform”. The firm earned “Hold” rating on Wednesday, September 23 by Shore Capital. The stock is a Buy among 10 brokerage firms polled by Factset Research. The stock has “Buy” rating by Topeka Capital Markets on Tuesday, September 8. As per Friday, January 27, the company rating was maintained by Hovde Group. The rating was downgraded by Moffet Nathanson to “Neutral” on Friday, April 1. RBC Capital Markets upgraded it to “Top Pick” rating and $75.0 target in Thursday, January 7 report.

Sandhill Capital Partners Llc increased Cerner Corp Com (CERN) stake by 5.4% reported in 2016Q4 SEC filing. Citigroup Inc sold 11,100 shares as Cerner Corp (Put) (CERN)’s stock rose 14.16%. The institutional investor held 11,265 shares of the beverages (production and distribution) company at the end of 2016Q4, valued at $1.17 million, up from 2,000 at the end of the previous reported quarter.

Cerner Corp has an analyst consensus of Moderate Buy, with a price target consensus of $70.38. Royal Fincl Bank Of Canada accumulated 438,190 shares or 0.01% of the stock. About 297,815 shares traded. It has outperformed by 2.84% the S&P500. As of December 31, 2016, the Company had systems in over 25,000 facilities across the world, including hospitals, physician practices, laboratories, ambulatory centers, behavioral health centers, cardiac facilities, radiology clinics, surgery centers, extended care facilities, retail pharmacies, and employer sites. The company has market cap of $204.38 million. It has a 35.42 P/E ratio. The Bank provides a range of deposit products, such as savings accounts, certificates of deposit and money market accounts, and loan products.

Osiris Therapeutics Inc (OSIR) investors sentiment increased to 0.25 in 2016 Q4. Its up 0.46, from 1.38 in 2016Q3. Martingale Asset Mgmt LP reported 0.01% stake. Grantham Mayo Van Otterloo Limited Co reported 1.29M shares. Goldman Sachs Grp Incorporated owns 3.92M shares. 228 were accumulated by Bnp Paribas Arbitrage. The funds in our database now possess: 5.56 million shares, down from 6.78 million shares in 2016Q3. Goldman Sachs Group invested in 556,111 shares or 0.01% of the stock. Qci Asset Mngmt Ny accumulated 1,000 shares or 0.01% of the stock. Blackrock Mgmt Limited Liability stated it has 67,958 shares. Nippon Life Global Invsts Americas Inc reported 190,630 shares. Horizon Kinetics Ltd Liability Com holds 0.02% of its portfolio in Cerner Corporation (NASDAQ:CERN) for 10,397 shares.

About 2.65M shares traded. Beese Fulmer Inv has 21,996 shares for 0.27% of their portfolio. Parametric Limited Liability Co holds 0.03% or 465,766 shares in its portfolio.

About 8,401 shares traded. Cidara Therapeutics Inc (NASDAQ:CDTX) has declined 38.96% since September 7, 2016 and is downtrending. It has outperformed by 7.57% the S&P500. BidaskClub lowered Cerner Corporation from a “strong-buy” rating to a “buy” rating in a report on Thursday, June 15th. Therefore 48% are positive. Robert W. Baird reiterated a “hold” rating and issued a $67.00 target price on shares of Cerner Corporation in a research report on Thursday, August 31st. As per Monday, June 5, the company rating was maintained by Cantor Fitzgerald. The firm has “Buy” rating given on Friday, October 16 by Jefferies. The stock has “Neutral” rating by Credit Suisse on Thursday, March 17. Waddell Reed invested in 0.47% or 4.52M shares. (NYSE:VZ) rating on Wednesday, October 21. Recently, investment analysts covering the stock have updated the mean rating to 2.3. Oppenheimer maintained the stock with “Hold” rating in Monday, June 5 report. Canaccord Genuity initiated it with “Buy” rating and $73 target in Wednesday, September 16 report. The stock of Cerner Corporation (NASDAQ:CERN) earned “Buy” rating by Piper Jaffray on Monday, June 5. Johnson Financial Group Inc. boosted its stake in shares of Cerner Corporation by 2.6% in the first quarter. Qualcomm Inc (NASDAQ:QCOM) was reduced too.

Investors sentiment decreased to 0.87 in Q4 2016. Its down 0.06, from 0.93 in 2016Q3.

A number of other hedge funds have also made changes to their positions in the stock. As of the latest earnings report the EPS was $1.98 and is estimated to be $2.50 for the current year with 331,582,000 shares now outstanding. Fiduciary Management Inc. WI raised its holdings in shares of Cerner Corporation by 63.2% in the 1st quarter.

The company has a one year high of $69.28 and a one year low of $47.01.

Cerner Corporation is a supplier of healthcare information technology (HCIT). 18,850 were accumulated by Bartlett Llc. Axa owned approximately 0.27% of Cerner Corporation worth $59,136,000 at the end of the most recent quarter. Chilton stated it has 0.04% in Cerner Corporation (NASDAQ:CERN). Moreover, Pggm has 0.13% invested in Cerner Corporation (NASDAQ:CERN) for 536,529 shares. The legal version of this piece of content can be accessed at https://www.truebluetribune.com/2017/09/08/legal-general-group-plc-increases-position-in-cerner-corporation-cern.html. Finally, Veritas Asset Management LLP acquired a new stake in shares of Cerner Corporation in the 1st quarter worth about $186,725,000. Boston Ptnrs holds 40,800 shares. We have $72.86 PT which if reached, will make NASDAQ:CERN worth $1.15 billion more. Johnson Financial Group Inc. now owns 1,870 shares of the company’s stock worth $110,000 after acquiring an additional 47 shares during the period. Suntrust Banks Incorporated has 0.01% invested in Cerner Corporation (NASDAQ:CERN) for 50,972 shares.

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