Allscripts Healthcare Solutions Inc (MDRX) Shares Bought by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP boosted its holdings in Allscripts Healthcare Solutions Inc (NASDAQ:MDRX) by 3.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 9,508,667 shares of the software maker’s stock after acquiring an additional 337,382 shares during the period. Dimensional Fund Advisors LP owned 5.26% of Allscripts Healthcare Solutions worth $135,308,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. World Asset Management Inc raised its stake in Allscripts Healthcare Solutions by 0.7% in the 2nd quarter. World Asset Management Inc now owns 11,419 shares of the software maker’s stock valued at $146,000 after acquiring an additional 81 shares during the period. Atlantic Trust Group LLC raised its stake in Allscripts Healthcare Solutions by 0.3% in the 2nd quarter. Atlantic Trust Group LLC now owns 32,900 shares of the software maker’s stock valued at $420,000 after acquiring an additional 110 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in Allscripts Healthcare Solutions by 0.4% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 26,484 shares of the software maker’s stock valued at $338,000 after buying an additional 115 shares in the last quarter. Bank of Montreal Can grew its holdings in Allscripts Healthcare Solutions by 6.9% in the 2nd quarter. Bank of Montreal Can now owns 10,603 shares of the software maker’s stock valued at $135,000 after buying an additional 689 shares in the last quarter. Finally, Retirement Systems of Alabama grew its holdings in Allscripts Healthcare Solutions by 0.3% in the 2nd quarter. Retirement Systems of Alabama now owns 339,736 shares of the software maker’s stock valued at $4,335,000 after buying an additional 893 shares in the last quarter.

Shares of Allscripts Healthcare Solutions Inc (NASDAQ:MDRX) opened at $14.65 on Friday. The stock has a market capitalization of $2,557.54, a price-to-earnings ratio of 32.92, a PEG ratio of 2.52 and a beta of 1.34. Allscripts Healthcare Solutions Inc has a 1-year low of $10.19 and a 1-year high of $15.20. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 1.20.

A number of brokerages have commented on MDRX. Robert W. Baird upped their price objective on Allscripts Healthcare Solutions from $16.00 to $17.00 and gave the company an “outperform” rating in a report on Friday, November 3rd. KeyCorp reaffirmed a “hold” rating on shares of Allscripts Healthcare Solutions in a report on Friday, October 27th. Zacks Investment Research lowered Allscripts Healthcare Solutions from a “buy” rating to a “hold” rating in a report on Wednesday, November 8th. Cantor Fitzgerald reaffirmed a “buy” rating and issued a $17.00 price objective on shares of Allscripts Healthcare Solutions in a report on Wednesday, September 27th. Finally, SunTrust Banks reaffirmed a “buy” rating and issued a $16.00 price objective on shares of Allscripts Healthcare Solutions in a report on Friday, November 3rd. One analyst has rated the stock with a sell rating, nine have given a hold rating and eleven have given a buy rating to the company. Allscripts Healthcare Solutions has an average rating of “Hold” and an average price target of $15.06.

In related news, SVP James Hewitt sold 36,796 shares of the firm’s stock in a transaction dated Friday, December 1st. The stock was sold at an average price of $14.11, for a total value of $519,191.56. Following the sale, the senior vice president now directly owns 181,766 shares of the company’s stock, valued at $2,564,718.26. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.75% of the company’s stock.

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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.

Institutional Ownership by Quarter for Allscripts Healthcare Solutions (NASDAQ:MDRX)

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