Stock Price Action: Learn Why 1818 Master Partners, Ltd Just Purchased Computer Programs & Systems Inc Stake?

Stock Price Action: Learn Why 1818 Master Partners, Ltd Just Purchased Computer Programs & Systems Inc Stake?

The New 1818 Master Partners, Ltd Holding in Computer Programs & Systems Inc

1818 Master Partners, Ltd filed with the SEC SC 13G form for Computer Programs & Systems Inc. The form can be accessed here: 000114420416131479. As reported in 1818 Master Partners, Ltd’s form, the filler as of late owns 5.05% or 683,634 shares of the Health Care–company.

Computer Programs & Systems Inc stake is a new one for the and it was filed because of activity on (Cusip Number). We feel this shows 1818 Master Partners, Ltd’s positive view for the stock.

Computer Programs & Systems Inc Institutional Sentiment

Latest Security and Exchange filings show 141 investors own Computer Programs & Systems Inc. The institutional ownership in Q3 2015 is high, at 140.45% of the outstanding shares. This is increased by 8079259 the total institutional shares. 19002802 were the shares owned by these institutional investors. In total 18 funds opened new Computer Programs & Systems Inc stakes, 57 increased stakes. There were 29 that closed positions and 42 reduced them.

Kayne Anderson Rudnick Investment Management Llc is an institutional investor bullish on Computer Programs & Systems Inc, owning 1276959 shares as of Q3 2015 for 0.91% of its portfolio. Hendershot Investments Inc owns 56731 shares or 1.33% of its portfolio. TX Fcm Investments have 0.59% of their stock portfolio for 28493 shares. Further, Aull & Monroe Investment Management Corp reported stake worth 1.08% of its US stock portfolio. The NJ Quantum Capital Management Llc owns 187526 shares. Computer Programs & Systems Inc is 2.51% of the manager’s US portfolio.

Business Profile

Computer Programs and Systems, Inc. (CPSI) is a provider of healthcare information technology (IT) solutions for rural and community hospitals and post-acute care facilities. The Company provides, on an integrated basis, enterprise-wide clinical management, access management, patient financial management, health information management, strategic decision support, resource planning management and enterprise application integration solutions to healthcare organizations. Additionally, CPSI provides other IT solutions, including business management services, remote hosting, networking technologies and other related services. It supports approximately 1,300 acute care facilities and over 3,300 post-acute care facilities with a customer base within the domestic rural and community healthcare market. Its target market includes rural and community hospitals with approximately 300 acute care beds. The Company’s focus within its target market is on hospitals with over 100 acute care beds.

SEC Form 13G is required when the filer owns between (5% and 20%) of a company and plans to hold it only as a passive investor. In case the filler intend to exert control and the stake’s exceeds 20%, then 13D Form must be filed. These filings can NOT be a precursor to “change of control” events such as hostile takeovers, company breakups or others.

Insitutional Activity: The institutional sentiment decreased to 0.85 in 2016 Q2. Its down 1.04, from 1.89 in 2016Q1. The ratio turned negative, as 32 funds sold all Computer Programs & Systems, Inc. shares owned while 47 reduced positions. 14 funds bought stakes while 53 increased positions. They now own 12.42 million shares or 11.51% less from 14.04 million shares in 2016Q1.

Blackrock Grp last reported 15,068 shares in the company. Hendershot last reported 1.01% of its portfolio in the stock. Inc holds 0% of its portfolio in Computer Programs & Systems, Inc. (NASDAQ:CPSI) for 8,252 shares. Thrivent Fin For Lutherans has 0% invested in the company for 19,340 shares. Northern Tru Corp owns 162,645 shares or 0% of their US portfolio. Alliancebernstein Limited Partnership, a New York-based fund reported 19,587 shares. Principal Fincl Gp last reported 0% of its portfolio in the stock. Teacher Retirement Systems Of Texas owns 1,286 shares or 0% of their US portfolio. Nationwide Fund Advsrs accumulated 7,352 shares or 0% of the stock. Barclays Pcl, a United Kingdom-based fund reported 200 shares. Palo Cap Incorporated owns 10,200 shares or 0.14% of their US portfolio. Airain Ltd has invested 0.04% of its portfolio in Computer Programs & Systems, Inc. (NASDAQ:CPSI). Ladenburg Thalmann Financial Svcs Incorporated holds 0% or 320 shares in its portfolio. Mckinley Management Ltd Com Delaware accumulated 0% or 510 shares. Blackrock Management Lc reported 48,349 shares or 0% of all its holdings.

Insider Transactions: Since May 19, 2016, the stock had 3 insider purchases, and 1 sale for $346,689 net activity. $26,090 worth of Computer Programs & Systems, Inc. (NASDAQ:CPSI) was bought by Outlaw Arthur Robert Jr. The insider Hinckle Robert D sold $80,631. DOUGLAS JOHN B JR also bought $254,300 worth of Computer Programs & Systems, Inc. (NASDAQ:CPSI) on Friday, August 19.

The stock decreased 1.36% or $0.35 during the last trading session, hitting $25.45. Computer Programs & Systems, Inc. (NASDAQ:CPSI) has declined 51.68% since April 4, 2016 and is downtrending. It has underperformed by 52.77% the S&P500.

Computer Programs and Systems, Inc. is a well-known provider of healthcare information technology (IT) solutions for rural and community hospitals and post-acute care facilities. The company has a market cap of $340.46 million. The Firm provides, on an integrated basis, enterprise-wide clinical management, access management, patient financial management, health information management, strategic decision support, resource planning management and enterprise application integration solutions to healthcare organizations. It has a 39.86 P/E ratio. Additionally, CPSI provides other IT solutions, including business management services, remote hosting, networking technologies and other related services.

Computer Programs & Systems, Inc. (NASDAQ:CPSI) Ratings Coverage

Out of 11 analysts covering Computer Progams & Systems (NASDAQ:CPSI), 3 rate it a “Buy”, 2 “Sell”, while 6 “Hold”. This means 27% are positive. $68 is the highest target while $21 is the lowest. The $47.90 average target is 88.21% above today’s ($25.45) stock price. Computer Progams & Systems has been the topic of 24 analyst reports since July 31, 2015 according to StockzIntelligence Inc. The firm earned “Mkt Perform” rating on Friday, August 5 by FBR Capital. The firm earned “Neutral” rating on Thursday, September 22 by Citigroup. RBC Capital Markets maintained the stock with “Sector Perform” rating in Friday, January 29 report. The firm has “Outperform” rating given on Wednesday, November 25 by Robert W. Baird. The company was maintained on Friday, October 30 by Topeka Capital Markets. KeyBanc Capital Markets maintained the shares of CPSI in a report on Thursday, February 4 with “Underweight” rating. Robert W. Baird downgraded it to “Neutral” rating and $59 target price in Thursday, April 14 report. Topeka Capital Markets downgraded the stock to “Hold” rating in Friday, July 31 report. The rating was upgraded by Deutsche Bank to “Hold” on Tuesday, December 1. The firm has “Sector Perform” rating by RBC Capital Markets given on Monday, November 2.

According to Zacks Investment Research, “Computer Programs and Systems, Inc has been serving the information technology needs of community healthcare providers for over twenty-seven years. Headquartered in Mobile, Alabama, the company provides a complete health information and patient care system that encompasses the full spectrum of financial and clinical applications. The CPSI System provides the most comprehensive single-source electronic medical record available and allows the realization of a true enterprise-wide electronic medical record. The Company is a single-source vendor providing comprehensive software and hardware products, complemented by complete installation services and extensive support. Its fully integrated, enterprise-wide system automates clinical and financial data management in each of the primary functional areas of a hospital.”

CPSI Company Profile

Computer Programs and Systems, Inc. (CPSI), incorporated on March 13, 2002, is a well-known provider of healthcare information technology (IT) solutions for rural and community hospitals, and post-acute care facilities. The Firm provides, on an integrated basis, enterprise-wide clinical management, access management, patient financial management, health information management, strategic decision support, resource planning management and enterprise application integration solutions to healthcare organizations throughout the United States. Additionally, CPSI provides other IT solutions, including business management services, remote hosting, networking technologies and other related services. The Firm supports approximately 1,300 acute care facilities and over 3,300 post-acute care facilities with a customer base within the domestic rural and community healthcare market.

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