Glenhill Advisors buys $180,685,734 stake in Allscripts Healthcare Solutions Inc (MDRX)

Allscripts Healthcare Solutions Inc (MDRX) : Glenhill Advisors scooped up 3,222,770 additional shares in Allscripts Healthcare Solutions Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 13,729,919 shares of Allscripts Healthcare Solutions Inc which is valued at $180,685,734.Allscripts Healthcare Solutions Inc makes up approximately 12.41% of Glenhill Advisors’s portfolio.

Other Hedge Funds, Including , Petrus Trust Company Lta added MDRX to its portfolio by purchasing 10,385 company shares during the most recent quarter which is valued at $136,667. Allscripts Healthcare Solutions Inc makes up approx 0.03% of Petrus Trust Company Lta’s portfolio.Cipher Capital Lp boosted its stake in MDRX in the latest quarter, The investment management firm added 80,556 additional shares and now holds a total of 264,435 shares of Allscripts Healthcare Solutions Inc which is valued at $3,479,965. Allscripts Healthcare Solutions Inc makes up approx 0.23% of Cipher Capital Lp’s portfolio.Vanguard Group Inc boosted its stake in MDRX in the latest quarter, The investment management firm added 561,744 additional shares and now holds a total of 14,103,114 shares of Allscripts Healthcare Solutions Inc which is valued at $185,596,980. Allscripts Healthcare Solutions Inc makes up approx 0.01% of Vanguard Group Inc’s portfolio.Old Mutual Global Investors (uk) Ltd. reduced its stake in MDRX by selling 13,079 shares or 21.28% in the most recent quarter. The Hedge Fund company now holds 48,372 shares of MDRX which is valued at $668,501. Allscripts Healthcare Solutions Inc makes up approx 0.01% of Old Mutual Global Investors (uk) Ltd.’s portfolio.Ls Investment Advisors boosted its stake in MDRX in the latest quarter, The investment management firm added 4,833 additional shares and now holds a total of 12,246 shares of Allscripts Healthcare Solutions Inc which is valued at $169,240. Allscripts Healthcare Solutions Inc makes up approx 0.01% of Ls Investment Advisors’s portfolio.

Allscripts Healthcare Solutions Inc (MDRX) witnessed a volatile trading activity on Thursday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $12.95 and reached the intraday high at $12.96. The bulls started the profit booking and pushed the shares to intraday low of $12.75. The trading session was marked by a volume range of 18,90,110 shares exchanging hands. The 52-week high of the shares is $15.78 and the 52-week low is $11.47. The market cap of the company stands at $2,408 M and there are 18,65,59,300 shares in public circulation.

On the company’s financial health, Allscripts Healthcare Solutions Inc reported $0.14 EPS for the quarter, based on the information available during the earnings call on Aug 4, 2016. Analyst had a consensus estimate of $0.14. The company had revenue of $362.00 million for the quarter, compared to analysts expectations of $397.89 million. The company’s revenue was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.12 EPS.

Many Wall Street Analysts have commented on Allscripts Healthcare Solutions Inc. Leerink Partners Upgraded Allscripts Healthcare Solutions Inc on Aug 23, 2016 to ” Outperform”, Price Target of the shares are set at $17.

Allscripts Healthcare Solutions Inc. is engaged in engaged in delivering Information Technology (IT) and services. The Company sells its solutions to physicians hospitals governments health systems health plans retail clinics retail pharmacies pharmacy benefit managers and post-acute organizations such as home health and hospice agencies. The Company operates through three segments: Clinical and Financial Solutions Population Health and Managed Services. The Company’s solutions enable healthcare professionals with the data insights and connectivity. The Company offers Ambulatory Solutions Acute Care Solutions Population Health Management Solutions and services. Ambulatory solutions include Allscripts TouchWorks HER and Allscripts Professional HER among others. The Company’s acute care offers clinical access financial and departmental solutions. The Company designs its population health management solutions for hospitals health systems among others.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Allscripts Healthcare Solutions Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on Allscripts Healthcare Solutions Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.