Computer Programs & Systems, Inc. (NASDAQ:CPSI) insider David A. Dye sold 3,478 shares of the firm’s stock in a transaction dated Tuesday, May 14th. The stock was sold at an average price of $27.52, for a total transaction of $95,714.56. Following the transaction, the insider now directly owns 79,725 shares of the company’s stock, valued at $2,194,032. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Shares of NASDAQ:CPSI traded down $0.29 during trading on Thursday, hitting $26.94. 2,459 shares of the company’s stock were exchanged, compared to its average volume of 136,017. Computer Programs & Systems, Inc. has a 1-year low of $23.81 and a 1-year high of $34.65. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.71 and a quick ratio of 1.67. The stock has a market cap of $391.60 million, a price-to-earnings ratio of 13.92, a P/E/G ratio of 1.67 and a beta of 0.25.

Computer Programs & Systems (NASDAQ:CPSI) last issued its quarterly earnings results on Thursday, May 2nd. The company reported $0.24 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.07). Computer Programs & Systems had a return on equity of 15.09% and a net margin of 6.14%. The business had revenue of $69.14 million for the quarter, compared to analyst estimates of $70.81 million. During the same quarter in the prior year, the firm earned $0.59 EPS. The firm’s quarterly revenue was down 2.5% compared to the same quarter last year. Equities research analysts anticipate that Computer Programs & Systems, Inc. will post 1.58 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 31st. Stockholders of record on Thursday, May 16th will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.48%. The ex-dividend date of this dividend is Wednesday, May 15th. Computer Programs & Systems’s dividend payout ratio is 20.62%.

A number of equities analysts have recently commented on CPSI shares. Cantor Fitzgerald reaffirmed a “hold” rating and set a $32.00 price objective on shares of Computer Programs & Systems in a report on Friday, February 15th. BidaskClub downgraded shares of Computer Programs & Systems from a “buy” rating to a “hold” rating in a research note on Saturday, March 16th. Zacks Investment Research downgraded shares of Computer Programs & Systems from a “buy” rating to a “hold” rating in a research note on Monday, February 4th. SunTrust Banks boosted their target price on shares of Computer Programs & Systems to $35.00 and gave the stock a “hold” rating in a research note on Thursday, February 21st. Finally, ValuEngine raised shares of Computer Programs & Systems from a “sell” rating to a “hold” rating in a research note on Monday, February 4th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the stock. Computer Programs & Systems has a consensus rating of “Hold” and a consensus target price of $29.01.

Several large investors have recently modified their holdings of CPSI. Ledyard National Bank acquired a new stake in shares of Computer Programs & Systems during the 4th quarter worth approximately $25,000. Oregon Public Employees Retirement Fund acquired a new stake in shares of Computer Programs & Systems during the 4th quarter worth approximately $26,000. Federated Investors Inc. PA acquired a new stake in shares of Computer Programs & Systems during the 1st quarter worth approximately $29,000. Financial Gravity Companies Inc. acquired a new stake in shares of Computer Programs & Systems during the 4th quarter worth approximately $43,000. Finally, Financial Gravity Wealth Inc. acquired a new stake in shares of Computer Programs & Systems during the 1st quarter worth approximately $45,000. Institutional investors own 79.06% of the company’s stock.

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About Computer Programs & Systems

Computer Programs and Systems, Inc provides healthcare information technology solutions and services in the United States and the Caribbean nation of St. Maarten. Its software systems include patient management software that enables a hospital to identify a patient at various points in the healthcare delivery system, as well as to collect and maintain patient information throughout the process of patient care; and financial accounting software, which offers business office applications to track and coordinate information needed for managerial decision-making.

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