Exane Derivatives Has Trimmed Cerner (CERN) Position; Riverpoint Capital Management Trimmed Its Hospitality Pptys Tr (HPT) Stake

June 17, 2018 - By Henry Gaston

Cerner Corporation (NASDAQ:CERN) Logo

Riverpoint Capital Management Llc decreased Hospitality Pptys Tr (HPT) stake by 52.63% reported in 2018Q1 SEC filing. Riverpoint Capital Management Llc sold 35,450 shares as Hospitality Pptys Tr (HPT)’s stock rose 8.97%. The Riverpoint Capital Management Llc holds 31,910 shares with $809,000 value, down from 67,360 last quarter. Hospitality Pptys Tr now has $4.68 billion valuation. The stock increased 0.04% or $0.01 during the last trading session, reaching $28.45. About 836,772 shares traded. Hospitality Properties Trust (NYSE:HPT) has declined 1.27% since June 17, 2017 and is downtrending. It has underperformed by 13.84% the S&P500. Some Historical HPT News: ; 09/05/2018 – Hospitality Properties 1Q Normalized FFO 94c/Shr; 12/03/2018 – Hitachi Power Tools Renames to Metabo HPT in North America; 19/04/2018 – DJ Hospitality Properties Trust, Inst Holders, 1Q 2018 (HPT); 09/05/2018 – HOSPITALITY PROPERTIES 1Q REV. $528.6M, EST. $522.7M; 09/05/2018 – Hospitality Properties 1Q Net $80.2M; 03/05/2018 – New Research: Key Drivers of Growth for Hospitality Properties Trust, Shell Midstream Partners, Archrock, Phillips 66 Partners; 10/05/2018 – HOSPITALITY PROPERTIES TRUST – WAS EXTENDED TO JULY 15, 2022; 09/05/2018 – HOSPITALITY PROPERTIES 1Q NORMALIZED FFO/SHR 94C, EST. 94C; 10/05/2018 – HOSPITALITY PROPERTIES TRUST – MATURITY DATE OF AMENDED $1 BLN REVOLVING CREDIT FACILITY WAS EXTENDED TO JULY 15, 2022; 09/05/2018 – HOSPITALITY PROPERTIES 1Q COMP HOTEL REVPAR +2%




Exane Derivatives decreased Cerner (CERN) stake by 64.79% reported in 2018Q1 SEC filing. Exane Derivatives sold 46 shares as Cerner (CERN)’s stock declined 6.71%. The Exane Derivatives holds 25 shares with $1.46M value, down from 71 last quarter. Cerner now has $20.53 billion valuation. The stock increased 1.29% or $0.79 during the last trading session, reaching $61.87. About 1.80M shares traded. Cerner Corporation (NASDAQ:CERN) has declined 7.93% since June 17, 2017 and is downtrending. It has underperformed by 20.50% the S&P500. Some Historical CERN News: ; 02/05/2018 – CERNER 1Q REV. $1.29B, EST. $1.33B; 01/05/2018 – Veritas Adds Cerner, Exits Dr Pepper Snapple, Cuts Comcast: 13F; 19/04/2018 – The Menninger Clinic Selects Cerner Millennium Electronic Health Record; 23/05/2018 – FierceHealth: Exclusive update on @UIHealth fight between @Cerner and Epic. Epic CEO Judy Faulkner says total costs for #EHR; 21/05/2018 – CERNER CORP – REPURCHASE WILL BE FUNDED FROM WORKING CAPITAL; 15/05/2018 – Cerner and Uniform Data System for Medical Rehabilitation Create Standardized Integration; 03/04/2018 – ARMCO Partners Continues to Expand; 17/05/2018 – Frank Konkel: #Breaking: @DeptVetAffairs Signs $10 Billion Health Records Contract With Cerner; 17/05/2018 – Lindsay Wise: BREAKING Cerner finally has Uncle Sam’s signature on its multibillion-dollar no-bid contract to update the; 18/05/2018 – Wash Tech [Reg]: Leidos’ health footprint set to swell after $10B VA-Cerner pact signed

Investors sentiment decreased to 1.01 in Q1 2018. Its down 0.04, from 1.05 in 2017Q4. It worsened, as 73 investors sold CERN shares while 197 reduced holdings. 77 funds opened positions while 196 raised stakes. 250.25 million shares or 0.68% less from 251.96 million shares in 2017Q4 were reported. Principal Financial Grp Inc Incorporated Inc owns 478,428 shares. Hanson Doremus Mgmt holds 240 shares. Trust Department Mb National Bank & Trust N A reported 0.74% of its portfolio in Cerner Corporation (NASDAQ:CERN). Stevens Management Limited Partnership has 50,400 shares. Fincl Architects invested 0% in Cerner Corporation (NASDAQ:CERN). Dimensional Fund Lp reported 942,688 shares. Ledyard Bank & Trust reported 5,975 shares. Moreover, Edgestream Partners Lp has 0.8% invested in Cerner Corporation (NASDAQ:CERN) for 70,354 shares. Cullinan Associate has 0.46% invested in Cerner Corporation (NASDAQ:CERN) for 104,375 shares. Goldman Sachs Group has 0.03% invested in Cerner Corporation (NASDAQ:CERN) for 2.06 million shares. Royal Bankshares Of Canada holds 0.01% or 449,933 shares in its portfolio. Moreover, Stone Run Llc has 1.63% invested in Cerner Corporation (NASDAQ:CERN) for 53,500 shares. Pub Sector Pension Board holds 38,480 shares. Tiverton Asset Management Llc has invested 0.02% in Cerner Corporation (NASDAQ:CERN). Moreover, Mark Sheptoff Financial Planning Ltd Com has 0.32% invested in Cerner Corporation (NASDAQ:CERN) for 8,050 shares.

Analysts await Cerner Corporation (NASDAQ:CERN) to report earnings on July, 26. They expect $0.55 EPS, down 1.79% or $0.01 from last year’s $0.56 per share. CERN’s profit will be $182.49M for 28.12 P/E if the $0.55 EPS becomes a reality. After $0.51 actual EPS reported by Cerner Corporation for the previous quarter, Wall Street now forecasts 7.84% EPS growth.

Exane Derivatives increased Wheaton Precious stake by 67,228 shares to 67,229 valued at $1.35B in 2018Q1. It also upped Becton Dickinson (NYSE:BDX) stake by 18 shares and now owns 720 shares. Fiat Chrysler Auto (Call) was raised too.

Among 29 analysts covering Cerner Corporation (NASDAQ:CERN), 15 have Buy rating, 0 Sell and 14 Hold. Therefore 52% are positive. Cerner Corporation had 118 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of Cerner Corporation (NASDAQ:CERN) earned “Buy” rating by Jefferies on Friday, October 13. Canaccord Genuity maintained Cerner Corporation (NASDAQ:CERN) rating on Friday, July 21. Canaccord Genuity has “Buy” rating and $6600 target. As per Monday, November 7, the company rating was downgraded by Bank of America. Canaccord Genuity maintained the shares of CERN in report on Thursday, May 17 with “Buy” rating. As per Thursday, June 1, the company rating was maintained by Jefferies. The firm has “Neutral” rating by UBS given on Thursday, October 6. On Thursday, June 23 the stock rating was upgraded by SunTrust to “Buy”. The stock of Cerner Corporation (NASDAQ:CERN) has “Buy” rating given on Thursday, May 3 by Canaccord Genuity. The stock has “Buy” rating by SunTrust on Monday, October 30. The stock of Cerner Corporation (NASDAQ:CERN) earned “Outperform” rating by Oppenheimer on Wednesday, November 4.

Since February 13, 2018, it had 0 insider purchases, and 7 insider sales for $60.47 million activity. $14.25M worth of Cerner Corporation (NASDAQ:CERN) shares were sold by TOWNSEND JEFFREY A. 307,700 shares were sold by ILLIG CLIFFORD W, worth $19.85 million on Wednesday, March 7. The insider Shafer David Brent sold 13,348 shares worth $819,033. The insider Cortese Denis A. sold $301,250. The insider ZOLLARS WILLIAM D sold 3,900 shares worth $237,120.

More news for Cerner Corporation (NASDAQ:CERN) were recently published by: Globenewswire.com, which released: “Cerner Announces Amendment to Share Repurchase Program” on May 21, 2018. Nasdaq.com‘s article titled: “Better Buy: Veeva Systems Inc. vs. Cerner” and published on May 26, 2018 is yet another important article.

Another recent and important Hospitality Properties Trust (NASDAQ:HPT) news was published by Seekingalpha.com which published an article titled: “Hospitality Properties shareholders approve two holder proposals” on June 15, 2018.

Analysts await Hospitality Properties Trust (NASDAQ:HPT) to report earnings on August, 8. They expect $1.07 earnings per share, up 0.94% or $0.01 from last year’s $1.06 per share. HPT’s profit will be $175.86M for 6.65 P/E if the $1.07 EPS becomes a reality. After $0.94 actual earnings per share reported by Hospitality Properties Trust for the previous quarter, Wall Street now forecasts 13.83% EPS growth.

Riverpoint Capital Management Llc increased Micron Technology Inc (NASDAQ:MU) stake by 29,656 shares to 126,009 valued at $6.57 million in 2018Q1. It also upped Johnson & Johnson (NYSE:JNJ) stake by 6,691 shares and now owns 179,562 shares. Becton Dickinson & Co (NYSE:BDX) was raised too.

Among 10 analysts covering Hospitality Properties Trust (NYSE:HPT), 4 have Buy rating, 1 Sell and 5 Hold. Therefore 40% are positive. Hospitality Properties Trust had 31 analyst reports since August 11, 2015 according to SRatingsIntel. Robert W. Baird maintained the shares of HPT in report on Tuesday, March 6 with “Hold” rating. FBR Capital initiated it with “Outperform” rating and $34 target in Friday, November 20 report. Canaccord Genuity maintained Hospitality Properties Trust (NASDAQ:HPT) on Friday, August 11 with “Hold” rating. On Friday, March 2 the stock rating was downgraded by DA Davidson to “Hold”. The stock of Hospitality Properties Trust (NASDAQ:HPT) has “Buy” rating given on Thursday, March 1 by Stifel Nicolaus. The firm has “Outperform” rating by FBR Capital given on Tuesday, January 19. The firm has “Market Perform” rating by Wells Fargo given on Monday, March 19. The rating was maintained by FBR Capital with “Buy” on Thursday, November 9. The firm has “Buy” rating by Stifel Nicolaus given on Tuesday, March 29. The firm has “Outperform” rating by FBR Capital given on Wednesday, May 11.

Hospitality Properties Trust (NASDAQ:HPT) Institutional Positions Chart

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