Allscripts Healthcare Solutions Inc (MDRX) Holdings Increased by Ameriprise Financial Inc.
Ameriprise Financial Inc. raised its holdings in shares of Allscripts Healthcare Solutions Inc (NASDAQ:MDRX) by 85.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 952,925 shares of the software maker’s stock after purchasing an additional 439,489 shares during the period. Ameriprise Financial Inc. owned approximately 0.53% of Allscripts Healthcare Solutions worth $13,559,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also modified their holdings of MDRX. TimesSquare Capital Management LLC boosted its stake in Allscripts Healthcare Solutions by 1,322.5% during the 2nd quarter. TimesSquare Capital Management LLC now owns 4,039,900 shares of the software maker’s stock valued at $51,549,000 after purchasing an additional 3,755,900 shares during the last quarter. Fisher Asset Management LLC purchased a new stake in Allscripts Healthcare Solutions during the 3rd quarter valued at $33,351,000. Dimensional Fund Advisors LP boosted its stake in Allscripts Healthcare Solutions by 26.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 9,171,285 shares of the software maker’s stock valued at $117,026,000 after purchasing an additional 1,943,496 shares during the last quarter. State Street Corp boosted its stake in Allscripts Healthcare Solutions by 28.6% during the 2nd quarter. State Street Corp now owns 5,975,551 shares of the software maker’s stock valued at $76,251,000 after purchasing an additional 1,330,721 shares during the last quarter. Finally, Northern Trust Corp boosted its stake in Allscripts Healthcare Solutions by 70.8% during the 2nd quarter. Northern Trust Corp now owns 2,930,365 shares of the software maker’s stock valued at $37,391,000 after purchasing an additional 1,215,020 shares during the last quarter.
In related news, SVP James Hewitt sold 36,796 shares of the firm’s stock in a transaction on Friday, December 1st. The stock was sold at an average price of $14.11, for a total value of $519,191.56. Following the transaction, the senior vice president now directly owns 181,766 shares of the company’s stock, valued at approximately $2,564,718.26. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.75% of the stock is currently owned by company insiders.
Allscripts Healthcare Solutions Inc (NASDAQ:MDRX) opened at $14.65 on Friday. Allscripts Healthcare Solutions Inc has a twelve month low of $10.19 and a twelve month high of $15.20. The company has a market capitalization of $2,557.54, a price-to-earnings ratio of 32.92, a P/E/G ratio of 2.52 and a beta of 1.34. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 1.20.
COPYRIGHT VIOLATION WARNING: This piece was first published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this piece on another site, it was copied illegally and reposted in violation of international copyright law. The correct version of this piece can be viewed at https://www.thecerbatgem.com/2017/12/17/allscripts-healthcare-solutions-inc-mdrx-holdings-increased-by-ameriprise-financial-inc.html.
About Allscripts Healthcare Solutions
Allscripts Healthcare Solutions, Inc (Allscripts) delivers information technology (IT) solutions and services to help healthcare organizations. The Company operates through three segments: Clinical and Financial Solutions, Population Health, and Netsmart. The Clinical and Financial Solutions segment includes the sale of integrated clinical software applications and financial and information solutions.
Receive News & Stock Ratings for Allscripts Healthcare Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allscripts Healthcare Solutions and related stocks with our FREE daily email newsletter.