Economy

Cerner Corp (NASDAQ:CERN) 2017 Q2 Sentiment

The stock increased 0.06% or $0.04 during the last trading session, reaching $69.7. It has underperformed by 66.53% the S&P500. The New York-based Sandhill Capital Partners Llc has invested 3.28% in the stock. The Massachusetts-based New Generation Advisors Llc has invested 3.26% in the stock. Cerner Corp now has $23.04B valuation. They now have a United States dollars 69 price target on the stock. The stock of Cerner Corporation (NASDAQ:CERN) earned "Outperform" rating by Oppenheimer on Wednesday, August 5. It has outperformed by 2.84% the S&P500. Colgate-Palmolive had 48 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has "Buy" rating by Deutsche Bank given on Tuesday, November 10. Jefferies Group LLC restated a "buy" rating and set a $74.00 price objective on shares of Cerner Corporation in a research report on Thursday, June 1st. Short shares increased from 15,330,909 to 15,592,628 over that period. The stock has "Neutral" rating by Citigroup on Friday, February 24. Fifteen analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company's stock. The rating was initiated by Atlantic Securities on Wednesday, January 6 with "Overweight". Vanguard Group Inc. raised its holdings in Cerner Corporation by 0.8% during the first quarter. It also upped Kinder Morgan Inc Del (NYSE:KMI) stake by 218,228 shares and now owns 629,562 shares.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CERN. Its down 0.06, from 0.93 in 2017Q1. The institutional investor owned 2,447,459 shares of the company's stock after selling 122,874 shares during the quarter. 92 funds opened positions while 359 raised stakes. The investment managers in our partner's database now hold: 254.64 million shares, down from 262.07 million shares in 2017Q1. The company had a trading volume of 93,170 shares. Shares of CERN have increased 3.8% in the past three monthswhile the S&P 500 has gained 1.31% in that time. Payden Rygel reported 600 shares. Cambridge Invest Research Advsr Incorporated has 0.08% invested in General Dynamics Corporation (NYSE:GD). Qci Asset Mgmt Inc Ny invested in 0.01% or 1,000 shares. Advantus Mngmt accumulated 0.04% or 30,304 shares. Goldman Sachs Grp holds 1.66 million shares or 0.09% of its portfolio. Bingham Osborn And Scarborough Lc reported 4,644 shares. As of the end of the quarter Boston Private Wealth LLC had disposed of a total of 4,155 shares trimming its stake by 2.1%. Hanson And Doremus Inv Management invested in 0% or 120 shares. Arvest Trust Company who had been investing in General Dynamics Corp for a number of months, seems to be bullish on the $61.60 billion market cap company. In 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 outstanding. Cerner reported a mixed fourth quarter of 2016, wherein adjusted earnings beat the Zacks Consensus Estimate, while the revenues missed the same. Following the completion of the sale, the chairman now directly owns 1,229,719 shares of the company's stock, valued at $76,279,469.57. NAUGHTON MARC G also sold $4.12 million worth of Cerner Corporation (NASDAQ:CERN) shares. 180,667 shares were sold by PATTERSON NEAL L, worth $11.69M. Burns Mark Lagrand had sold 19,075 shares worth $3.58M on Wednesday, March 29. Employees Retirement Systems Of Texas holds 0.01% in Cerner Corporation (NASDAQ:CERN) or 16,000 shares. Therefore 50% are positive. Robert W. Baird reiterated a "hold" rating and issued a $67.00 target price on shares of Cerner Corporation in a report on Thursday, August 31st. Finally, Morgan Stanley raised shares of Cerner Corporation from an "underweight" rating to an "equal weight" rating and raised their target price for the company from $59.00 to $62.00 in a research note on Thursday, August 10th. BidaskClub lowered Cerner Corporation from a "buy" rating to a "hold" rating in a report on Tuesday, July 25th. Stifel Nicolaus maintained Cerner Corporation (NASDAQ:CERN) rating on Tuesday, September 15.

Cerner Corp. designs, develops, markets, installs, hosts and supports health care information technology, health care devices, hardware and content solutions for health care organizations and consumers. The company was maintained on Monday, June 5 by Cantor Fitzgerald. Canaccord Genuity maintained it with "Buy" rating and $69.0 target in Monday, September 4 report. Cerner Corporation (NASDAQ:CERN) has risen 19.54% since September 22, 2016 and is uptrending. This repurchase authorization allows the company to buy up to 2.3% of its stock through open market purchases. The Marvin & Palmer Associates Inc holds 5,894 shares with $5.71 million value, up from 4,891 last quarter. Next quarter's EPS is forecasted to be $0.68 and the next full year EPS is anticipated to be $2.77. CERN's profit will be $192.33M for 29.95 P/E if the $0.58 EPS becomes a reality. Cerner Corporation's quarterly revenue was up 6.3% compared to the same quarter previous year. Moreover, Umb State Bank N A Mo has 1.03% invested in Cerner Corporation (NASDAQ:CERN). 110,000 shares were sold by Nill Michael, worth $7.03M on Thursday, May 4.



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