Computer Programs & Sys INC (CPSI) Share Value Declined While Quantum Capital Management LLC Has Lowered Holding by $7.39 Million

Computer Programs and Systems, Inc. (NASDAQ:CPSI) LogoInvestors sentiment increased to 1.6 in Q1 2019. Its up 0.22, from 1.38 in 2018Q4. It is positive, as 11 investors sold CPSI shares while 37 reduced holdings. 31 funds opened positions while 46 raised stakes. 11.13 million shares or 7.50% less from 12.03 million shares in 2018Q4 were reported. 211,509 were reported by D E Shaw & Communication. Alaska-based State Of Alaska Department Of Revenue has invested 0% in Computer Programs and Systems, Inc. (NASDAQ:CPSI). State Bank Of Ny Mellon Corporation invested in 0% or 191,772 shares. 10,800 were reported by New York State Common Retirement Fund. Seizert Partners Limited Company reported 0.02% stake. Parkside National Bank And Tru owns 14 shares. Bessemer Group Inc has 0.01% invested in Computer Programs and Systems, Inc. (NASDAQ:CPSI). Charles Schwab Investment Mngmt reported 140,704 shares. Principal Fincl Grp Inc holds 0% or 96,193 shares in its portfolio. Arrowstreet LP invested 0.01% in Computer Programs and Systems, Inc. (NASDAQ:CPSI). Pnc Services Gp owns 0% invested in Computer Programs and Systems, Inc. (NASDAQ:CPSI) for 486 shares. Vanguard Gp reported 0% of its portfolio in Computer Programs and Systems, Inc. (NASDAQ:CPSI). Goldman Sachs Group Inc reported 94,249 shares stake. Renaissance Tech Ltd Llc reported 20,400 shares. 19,719 were reported by Campbell And Invest Adviser Limited Liability Corp.

Quantum Capital Management Llc decreased its stake in Computer Programs & Sys Inc (CPSI) by 73.9% based on its latest 2019Q1 regulatory filing with the SEC. Quantum Capital Management Llc sold 254,914 shares as the company’s stock declined 3.61% while stock markets rallied. The institutional investor held 90,015 shares of the technology company at the end of 2019Q1, valued at $2.67 million, down from 344,929 at the end of the previous reported quarter. Quantum Capital Management Llc who had been investing in Computer Programs & Sys Inc for a number of months, seems to be less bullish one the $400.65 million market cap company. The stock increased 0.69% or $0.19 during the last trading session, reaching $27.91. About 75,166 shares traded. Computer Programs and Systems, Inc. (NASDAQ:CPSI) has declined 13.97% since July 14, 2018 and is downtrending. It has underperformed by 18.40% the S&P500.

Quantum Capital Management Llc, which manages about $351.15 million and $405.08 million US Long portfolio, upped its stake in Henry Schein Inc (NASDAQ:HSIC) by 142,881 shares to 269,079 shares, valued at $16.17M in 2019Q1, according to the filing.

Analysts await Computer Programs and Systems, Inc. (NASDAQ:CPSI) to report earnings on August, 1. They expect $0.32 earnings per share, up 77.78 % or $0.14 from last year’s $0.18 per share. CPSI’s profit will be $4.59M for 21.80 P/E if the $0.32 EPS becomes a reality. After $0.24 actual earnings per share reported by Computer Programs and Systems, Inc. for the previous quarter, Wall Street now forecasts 33.33 % EPS growth.

More notable recent Computer Programs and Systems, Inc. (NASDAQ:CPSI) news were published by: Businesswire.com which released: “Get Real Health’s Lydia Product Assists Organizations and Consumers – Business Wire” on June 13, 2019, also Finance.Yahoo.com with their article: “Should You Worry About eXp World Holdings, Inc.’s (NASDAQ:EXPI) CEO Salary Level? – Yahoo Finance” published on May 09, 2019, Businesswire.com published: “Health Records on iPhone Now Available to CPSI Clients and the Communities They Serve – Business Wire” on February 13, 2019. More interesting news about Computer Programs and Systems, Inc. (NASDAQ:CPSI) were released by: Finance.Yahoo.com and their article: “Walgreens Boots Alliance (WBA) Gains But Lags Market: What You Should Know – Yahoo Finance” published on June 06, 2019 as well as Globenewswire.com‘s news article titled: “CPSI to Broadcast Its Fourth Quarter and Year-End 2018 Conference Call Live on the Internet – GlobeNewswire” with publication date: January 29, 2019.

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

Among 2 analysts covering CPSI (NASDAQ:CPSI), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. CPSI had 4 analyst reports since February 15, 2019 according to SRatingsIntel. Cantor Fitzgerald maintained Computer Programs and Systems, Inc. (NASDAQ:CPSI) rating on Friday, February 15. Cantor Fitzgerald has “Hold” rating and $32 target. The firm earned “Hold” rating on Wednesday, February 20 by SunTrust.

Computer Programs and Systems, Inc. (NASDAQ:CPSI) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.