(CERN) Upgraded to Neutral by Bank of America Corp

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27 May, 2017

Also Nasdaq.com published the news titled: "Cerner Corp". The stock increased 1.15% or $0.74 during the last trading session, reaching $65.1. It has outperformed by 2.84% the S&P500. 138.05 million shares or 12.58% less from 157.92 million shares in 2016Q3 were reported. The stock of WOOD GROUP (JOHN) ORD GBP0.0428571 (OTCMKTS:WDGJF) has "Hold" rating given on Monday, August 24 by Numis Securities. Canaccord Genuity reissued a buy rating and set a $59.00 target price on shares of Cerner in a report on Friday, February 10th. The company was reinitiated on Friday, October 16 by Jefferies. The stock of Cummins Inc. The stock has "Neutral" rating by BNP Paribas on Thursday, November 12. On Wednesday, August 5 the stock rating was downgraded by RBC Capital Markets to "Sector Perform". See On Assignment, Inc.

Cerner (NASDAQ:CERN) last announced its quarterly earnings results on Thursday, April 27th. The institutional investor held 269,046 shares of the company at the end of 2016Q4, valued at $5.86M, up from 117,506 at the end of the previous reported quarter. CERN's profit will be $190.47M for 28.48 P/E if the $0.57 EPS becomes a reality. Finally, Zacks Investment Research downgraded shares of Cerner from a "hold" rating to a "sell" rating in a research report on Monday, April 3rd.

Since February 13, 2017, it had 0 insider purchases, and 6 insider sales for $25.41 million activity. $99,805 worth of stock was sold by Cortese Denis A. on Thursday, May 4. On Thursday, May 11 the insider ILLIG CLIFFORD W sold $15.11 million. TOWNSEND JEFFREY A sold 100,000 shares worth $5.23M. $1.10M worth of Cerner Corporation (NASDAQ:CERN) was sold by PATTERSON NEAL L on Tuesday, March 14. The stock was sold at an average price of $54.91, for a total value of $1,098,200.00. About 803,103 shares traded or 66.24% up from the average. One equities research analyst has rated the stock with a sell recommendation, fifteen have given a hold recommendation and nine have issued a buy recommendation on the company. Therefore 22% are positive. Dimensional Fund Advisors Ltd Partnership reported 0.02% of its portfolio in Cerner Corporation (NASDAQ:CERN). The company was upgraded on Thursday, June 23 by SunTrust. The firm has "Buy" rating by Deutsche Bank given on Sunday, August 23. (NYSE:CMI) earned "Buy" rating by Goldman Sachs on Tuesday, October 11. Johnson Financial Group Inc. now owns 1,870 shares of the company's stock valued at $110,000 after buying an additional 47 shares during the period. Finally, Citigroup Inc lowered Cerner from a buy rating to a neutral rating in a report on Friday, February 24th. As per Tuesday, November 10, the company rating was maintained by Deutsche Bank. The company was initiated on Thursday, August 25 by BTIG Research.

Sio Capital Management Llc, which manages about $116.75 million and $171.39M US Long portfolio, decreased its stake in Koninklijke Philips Nv (NYSE:PHG) by 253,160 shares to 209,502 shares, valued at $6.40 million in 2016Q4, according to the filing. Vanguard World Fds (VGT) was raised too.

Investors sentiment decreased to 0.77 in 2016 Q4. Its down 0.10, from 1.56 in 2016Q3. It worsened, as 98 investors sold Cerner Corporation shares while 243 reduced holdings. Advantage Investment Management LLC bought a new position in shares of Cerner during the fourth quarter valued at $103,000. Riverhead Ltd Liability Company reported 0.01% in Cerner Corporation (NASDAQ:CERN). Eqis stated it has 6,637 shares or 0.01% of all its holdings. Columbia Prtnrs L L C Mgmt accumulated 87,590 shares. The Pennsylvania-based Glenmede Trust Na has invested 0% in Cerner Corporation (NASDAQ:CERN). 44,653 were accumulated by Bb&T. California State Teachers Retirement Sys reported 611,506 shares. 160,963 were accumulated by Covington Mngmt. Ancora Advsr Limited Co holds 0.01% or 1,313 shares in its portfolio. Pggm owns 536,529 shares for 0.13% of their portfolio.

Media coverage about Cerner (NASDAQ:CERN) has trended somewhat positive recently, according to Alpha One Sentiment. It dropped, as 44 investors sold CMI shares while 270 reduced holdings. Ancora Advsrs stated it has 0.1% of its portfolio in Cerner Corporation (NASDAQ:CERN). Sei Invs holds 0% or 13,489 shares in its portfolio. Blackrock Japan has invested 0.06% in Cerner Corporation (NASDAQ:CERN). Its down 0.23, from 1 in 2016Q3. (NYSE:ASGN) for 13,389 shares. (NYSE:ASGN). 469,528 were reported by Elk Creek Prns Limited Co. Webster Bankshares N A has invested 0.29% in Cummins Inc. Private Advisor Group Inc owns 15,198 shares. Dubuque Bank & Trust And Co reported 304 shares stake. Palo Cap holds 1.05% in Cummins Inc. (NYSE:ASGN) for 349,225 shares. Yhb Inv Advisors holds 0.11% or 10,964 shares in its portfolio.

Schwerin Boyle Capital Management Inc increased its stake in Cummins Inc (CMI) by 46.82% based on its latest 2016Q4 regulatory filing with the SEC. 1,643,604 shares of the stock were exchanged. Bank of New York Mellon Corp now owns 14,745,663 shares of the company's stock worth $867,783,000 after buying an additional 3,391,745 shares during the period. 15,000 are owned by Alpine Woods Capital Ltd Com. 1607 Cap Prtn Limited Liability Com has invested 0.24% in Central Securities Corp. The stock rose 0.37% or $0.57 reaching $156.43 per share. The company had a trading volume of 386,305 shares. Moreover, Green Street Invsts Ltd Company has 2.93% invested in Omega Healthcare Investors Inc (NYSE:OHI). It has outperformed by 26.62% the S&P500. Schwerin Boyle Capital Management Inc who had been investing in Cummins Inc for a number of months, seems to be bullish on the $26.41 billion market cap company. The Firm matches resumes with job descriptions to match people they know into positions they understand for temporary, contract-to-hire, and direct hire assignments. It operates through two divisions.

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