Allscripts Healthcare Solutions, Inc. (MDRX) Reaches $12.32 After 3.00% Up Move; Sprott Has Lowered By $1.70 Million Its Western Digital (WDC) Position

June 14, 2018 - By Linda Rogers

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

The stock of Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX) is a huge mover today! The stock increased 2.16% or $0.26 during the last trading session, reaching $12.32. About 1.07M shares traded. Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX) has risen 10.53% since June 14, 2017 and is uptrending. It has underperformed by 2.04% the S&P500. Some Historical MDRX News: ; 21/05/2018 – Allscripts Closes Acquisition Of HealthGrid; 03/05/2018 – ALLSCRIPTS HEALTHCARE SOLUTIONS INC – CONTRACT REVENUE BACKLOG AS OF MARCH 31, 2018, TOTALED $4.7 BLN, UP 19 PERCENT COMPARED TO A YEAR AGO; 19/04/2018 – DJ Allscripts Healthcare Solutions In, Inst Holders, 1Q 2018 (MDRX); 03/05/2018 – ALLSCRIPTS HEALTHCARE SOLUTIONS INC MDRX.O SEES FY 2018 REVENUE $2.15 BLN TO $2.25 BLN; 05/04/2018 – ALLSCRIPTS HEALTHCARE SOLUTIONS INC – PURCHASE PRICE FOR ACQUISITION WILL BE $167.5 MLN; 03/05/2018 – ALLSCRIPTS HEALTHCARE SOLUTIONS INC MDRX.O FY2018 SHR VIEW $0.77, REV VIEW $2.20 BLN — THOMSON REUTERS l/B/E/S; 08/03/2018 – Hlth Informatics: EXCLUSIVE: Allscripts’ CEO Paul Black on Interoperability, Cloud Technology and EHR Innovation; 05/03/2018 Allscripts will integrate Lyft’s technology into its electronic medical records system to eliminate the need for someone to manually order rides; 09/05/2018 – Allscripts at Citi Midwest Healthcare Access Day Tomorrow; 08/03/2018 – ALLSCRIPTS HEALTHCARE – WILL ALSO EXPAND FOOTPRINT LATER IN 2018, IMPLEMENTING ALLSCRIPTS SUNRISE AT SENGKANG GENERAL AND COMMUNITY HOSPITALS SYSTEMThe move comes after 5 months positive chart setup for the $2.19 billion company. It was reported on Jun, 14 by Barchart.com. We have $12.69 PT which if reached, will make NASDAQ:MDRX worth $65.76M more.

Sprott Inc decreased Western Digital Corp (WDC) stake by 12.46% reported in 2018Q1 SEC filing. Sprott Inc sold 18,500 shares as Western Digital Corp (WDC)’s stock declined 3.22%. The Sprott Inc holds 130,000 shares with $12.00 million value, down from 148,500 last quarter. Western Digital Corp now has $24.98B valuation. The stock increased 0.72% or $0.6 during the last trading session, reaching $83.46. About 1.44M shares traded. Western Digital Corporation (NASDAQ:WDC) has declined 3.27% since June 14, 2017 and is downtrending. It has underperformed by 15.84% the S&P500. Some Historical WDC News: ; 26/04/2018 – Western Digital quarterly revenue rises 7.8 pct; 16/03/2018 – WESTERN DIGITAL CORP WDC.O : BAIRD RAISES TARGET PRICE TO $135 FROM $93; 07/05/2018 – Western Digital Board Amends Bylaws to Allow Proxy Access; 19/04/2018 – DJ Western Digital Corporation, Inst Holders, 1Q 2018 (WDC); 09/03/2018 – WESTERN DIGITAL TO INVEST 500B YEN IN TOSHIBA CHIP JV: NIKKEI; 10/05/2018 – Western Digital Presenting at JPMorgan Conference May 15; 16/03/2018 – Western Dig: Get Set for NAND Supply Tightness, Says Baird — Barron’s Blog; 05/03/2018 MFS Technology Adds TE Connectivity, Exits Western Digital; 26/04/2018 – Western Digital 3Q Rev $5B; 19/04/2018 – Western Digital® Now Offering Super High-capacity microSD™ Card in India

Allscripts Healthcare Solutions, Inc. provides information technology and services to healthcare organizations in the United States, Canada, and internationally. The company has market cap of $2.19 billion. It offers electronic health records, connectivity, private cloud hosting, outsourcing, analytics, patient engagement, clinical decision support, and population health management solutions. It currently has negative earnings. The companyÂ’s Clinical and Financial Solutions segment provides integrated clinical software applications and financial and information solutions, which primarily include EHR-related, and financial and practice management software solutions, as well as related installation, support and maintenance, outsourcing, private cloud hosting, revenue cycle management, training, and electronic claims administration services.

Investors sentiment increased to 1.07 in 2018 Q1. Its up 0.09, from 0.98 in 2017Q4. It improved, as 16 investors sold Allscripts Healthcare Solutions, Inc. 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. The Colorado-based Tributary Management Ltd Liability Corporation has invested 0.05% in Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX). Jefferies Grp Limited Company reported 22,247 shares or 0% of all its holdings. 1,815 are held by Regions. Meeder Asset Mngmt holds 101 shares. Glenmede Trust Na has invested 0% of its portfolio in Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX). Pennsylvania-based Millrace Asset Gru Incorporated has invested 1.19% in Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX). The California-based Schwab Charles Investment Mgmt Inc has invested 0.02% in Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX). Canada Pension Plan Invest Board accumulated 82,200 shares or 0% of the stock. Barclays Public Limited Com has 108,659 shares. Cipher Capital L P has invested 0.1% in Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX). Public Employees Retirement Of Ohio invested in 7,881 shares or 0% of the stock. Wisconsin-based Cortina Asset Mgmt Ltd Liability Corp has invested 0.31% in Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX). Sector Pension Board stated it has 98,600 shares. Fifth Third Retail Bank invested in 0% or 958 shares. Commonwealth Of Pennsylvania Pub School Empls Retrmt Sys holds 48,762 shares or 0.01% of its portfolio.

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 $23.13 million for 23.69 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.

Among 27 analysts covering Allscripts-Misys Healthcare (NASDAQ:MDRX), 15 have Buy rating, 1 Sell and 11 Hold. Therefore 56% are positive. Allscripts-Misys Healthcare has $19.0 highest and $12 lowest target. $15.93’s average target is 29.30% above currents $12.32 stock price. Allscripts-Misys Healthcare had 73 analyst reports since August 5, 2015 according to SRatingsIntel. Robert W. Baird maintained the shares of MDRX in report on Friday, September 15 with “Buy” rating. The firm has “Hold” rating by SunTrust given on Tuesday, January 16. The stock of Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX) has “Buy” rating given on Tuesday, October 17 by Robert W. Baird. The company was maintained on Monday, August 7 by Morgan Stanley. As per Monday, August 24, the company rating was upgraded by Argus Research. The rating was maintained by RBC Capital Markets with “Sector Perform” on Wednesday, August 5. Citigroup maintained Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX) rating on Monday, August 7. Citigroup has “Neutral” rating and $14 target. Wells Fargo upgraded Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX) on Monday, March 27 to “Outperform” rating. The firm has “Buy” rating given on Sunday, October 29 by RBC Capital Markets. The stock of Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX) has “Buy” rating given on Friday, August 25 by Jefferies.

Since December 15, 2017, it had 0 insider buys, and 2 insider sales for $271,536 activity. 15,000 shares valued at $202,907 were sold by Poulton Richard J. on Thursday, March 15. Shares for $68,629 were sold by Farley Brian on Wednesday, March 14.

More notable recent Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX) news were published by: Nasdaq.com which released: “HealthGrid CEO awarded Ernst & Young’s Entrepreneur of the Year for Florida Region” on June 12, 2018, also Globenewswire.com with their article: “Allscripts to deliver anesthesia solution across SingHealth healthcare institutions” published on May 24, 2018, Globenewswire.com published: “Allscripts closes acquisition of HealthGrid” on May 21, 2018. More interesting news about Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX) were released by: Nasdaq.com and their article: “Allscripts to present at Baird’s 2018 Global Consumer, Technology & Services Conference” published on June 05, 2018 as well as Nasdaq.com‘s news article titled: “Market Trends Toward New Normal in Dynavax Technologies, Synergy Resources, Allscripts Healthcare Solutions …” with publication date: May 16, 2018.

Analysts await Western Digital Corporation (NASDAQ:WDC) to report earnings on July, 26. They expect $3.20 EPS, up 21.67% or $0.57 from last year’s $2.63 per share. WDC’s profit will be $957.58M for 6.52 P/E if the $3.20 EPS becomes a reality. After $3.36 actual EPS reported by Western Digital Corporation for the previous quarter, Wall Street now forecasts -4.76% negative EPS growth.

Sprott Inc increased Tahoe Res Inc (NYSE:TAHO) stake by 1.62 million shares to 1.65 million valued at $8.23 million in 2018Q1. It also upped Fortuna Silver Mines Inc (NYSE:FSM) stake by 759,484 shares and now owns 1.48M shares. Sanderson Farms Inc (NASDAQ:SAFM) was raised too.

Investors sentiment decreased to 0.98 in Q1 2018. Its down 0.09, from 1.07 in 2017Q4. It worsened, as 55 investors sold WDC shares while 244 reduced holdings. 93 funds opened positions while 201 raised stakes. 242.29 million shares or 0.38% less from 243.21 million shares in 2017Q4 were reported. Chicago Equity Prtnrs holds 0.01% in Western Digital Corporation (NASDAQ:WDC) or 2,810 shares. 10 holds 3.46% in Western Digital Corporation (NASDAQ:WDC) or 157,906 shares. Meeder Asset has 4,725 shares. Psagot Invest House Ltd invested 0% of its portfolio in Western Digital Corporation (NASDAQ:WDC). Verition Fund Management Ltd Liability stated it has 14,494 shares or 0.1% of all its holdings. 313,625 are owned by Natl Pension Ser. 13,556 are held by Amica Mutual Commerce. Metropolitan Life Insurance Ny holds 48,282 shares or 0% of its portfolio. Frontier Cap Mgmt Com Llc owns 0% invested in Western Digital Corporation (NASDAQ:WDC) for 146 shares. Numerixs Techs Inc accumulated 6,200 shares. Korea has 164,220 shares for 0.07% of their portfolio. Convergence Invest Prtnrs Lc accumulated 8,232 shares or 0.1% of the stock. Whittier Tru Of Nevada reported 0% of its portfolio in Western Digital Corporation (NASDAQ:WDC). Chem Bank, a Michigan-based fund reported 3,695 shares. Whitebox Lc stated it has 10,700 shares.

Among 38 analysts covering Western Digital (NASDAQ:WDC), 27 have Buy rating, 1 Sell and 10 Hold. Therefore 71% are positive. Western Digital had 175 analyst reports since July 23, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Thursday, July 30 by Credit Agricole. Mizuho maintained Western Digital Corporation (NASDAQ:WDC) on Sunday, July 30 with “Buy” rating. The company was maintained on Friday, October 27 by Barclays Capital. The company was maintained on Friday, July 28 by Maxim Group. Bank of America upgraded the stock to “Neutral” rating in Thursday, October 27 report. The stock of Western Digital Corporation (NASDAQ:WDC) has “Buy” rating given on Tuesday, July 25 by Cowen & Co. The stock has “Buy” rating by Citigroup on Friday, May 27. The stock of Western Digital Corporation (NASDAQ:WDC) earned “Hold” rating by KeyBanc Capital Markets on Sunday, August 27. The stock of Western Digital Corporation (NASDAQ:WDC) earned “Neutral” rating by JP Morgan on Wednesday, June 15. As per Tuesday, October 10, the company rating was maintained by RBC Capital Markets.

Western Digital Corporation (NASDAQ:WDC) Institutional Positions Chart

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