Ci Global Investments Increased Cerner (CERN) Holding By $4.43 Million; Profile of 3 Analysts Covering Main Street Capital (MAIN)

June 14, 2018 - By Dolores Ford

Cerner Corporation (NASDAQ:CERN) Logo

Ci Global Investments Inc increased Cerner Corp (CERN) stake by 52.54% reported in 2018Q1 SEC filing. Ci Global Investments Inc acquired 76,338 shares as Cerner Corp (CERN)’s stock declined 6.71%. The Ci Global Investments Inc holds 221,620 shares with $12.85M value, up from 145,282 last quarter. Cerner Corp now has $20.27 billion valuation. The stock increased 1.36% or $0.82 during the last trading session, reaching $61.08. About 1.25M shares traded. Cerner Corporation (NASDAQ:CERN) has declined 7.93% since June 14, 2017 and is downtrending. It has underperformed by 20.50% the S&P500. Some Historical CERN News: ; 21/05/2018 – CERNER ANNOUNCES AMENDMENT TO SHARE REPURCHASE PROGRAM; 02/05/2018 – Cerner Sees FY Rev $5.325B-$5.45B; 17/05/2018 – Frank Konkel: #Breaking: @DeptVetAffairs Signs $10 Billion Health Records Contract With Cerner; 02/05/2018 – CERNER 1Q ADJ EPS 58C, EST. 58C; 09/04/2018 – Rankin County Hospital District Launches Cerner Electronic Health Record; 21/05/2018 – CERNER REPORTS AMENDMENT TO SHARE BUYBACK PROGRAM; 30/03/2018 – More Than 20 Cerner Executives Earn Board Certification in Health Care Management; 17/05/2018 – Modern Healthcare: #BREAKING: After several months of delays, the Veterans Affairs Department and Cerner have come to an; 15/03/2018 – Parallon and Cerner Announce Collaboration to Deliver Revenue Cycle Services; 02/05/2018 – Cerner Sees FY Adj EPS $2.45-Adj EPS $2.55

Among 9 analysts covering Street Capital Group (NYSE:MAIN), 3 have Buy rating, 1 Sell and 5 Hold. Therefore 33% are positive. Street Capital Group had 21 analyst reports since August 7, 2015 according to SRatingsIntel. The stock of Main Street Capital Corporation (NYSE:MAIN) has “Sell” rating given on Thursday, May 11 by National Securities. On Monday, February 26 the stock rating was maintained by SunTrust with “Hold”. RBC Capital Markets maintained Main Street Capital Corporation (NYSE:MAIN) on Friday, August 4 with “Buy” rating. The firm has “Outperform” rating by RBC Capital Markets given on Thursday, August 11. Robert W. Baird maintained the stock with “Hold” rating in Friday, November 3 report. The firm has “Neutral” rating by National Securities given on Friday, August 7. Robert W. Baird downgraded the stock to “Neutral” rating in Monday, January 9 report. Citigroup downgraded the shares of MAIN in report on Thursday, May 11 to “Underperform” rating. The rating was initiated by FBR Capital on Tuesday, March 27 with “Buy”. The stock has “Outperform” rating by Raymond James on Monday, February 27. See Main Street Capital Corporation (NYSE:MAIN) latest ratings:

28/03/2018 Broker: B. Riley & Co Rating: Buy New Target: $40 Initiates Coverage On
27/03/2018 Broker: FBR Capital Rating: Buy New Target: $40.0000 Initiate
26/02/2018 Broker: SunTrust Rating: Hold New Target: $37.0 Maintain
26/02/2018 Broker: National Securities Old Rating: Sell New Rating: Neutral Upgrade

Main Street Capital Corporation is a business development firm specializing in long- term equity and debt investments in small and lower middle market companies. The company has market cap of $2.31 billion. The firm focuses on investments in, subordinated loans, private equity, venture debt, mezzanine investments, mature, mid venture, industry consolidation, later stage, late venture, emerging growth, management buyouts, change of control transactions, ownership transitions, recapitalizations, strategic acquisitions, refinancing, business expansion capital, growth financings, family estate planning, and other growth initiatives primarily for later stage businesses. It has a 12.91 P/E ratio. It invests in consumer discretionary, consumer staples, energy, healthcare, industrials, information technology, materials, telecommunication services, and utilities sectors.

More notable recent Main Street Capital Corporation (NYSE:MAIN) news were published by: Seekingalpha.com which released: “Main Street Capital’s Growth Problem” on June 11, 2018, also Seekingalpha.com with their article: “Main Street Capital: The Engine For American Growth” published on May 22, 2018, Seekingalpha.com published: “Main Street boosts credit line by $70M, extends maturity to 2023” on June 06, 2018. More interesting news about Main Street Capital Corporation (NYSE:MAIN) were released by: Seekingalpha.com and their article: “This 11.2% Yielding BDC Is Ready For Shareholder Activism” published on May 30, 2018 as well as Fool.com‘s news article titled: “3 Stocks That Cut You a Check Each Month” with publication date: June 04, 2018.

Investors sentiment increased to 1.15 in Q1 2018. Its up 0.10, from 1.05 in 2017Q4. It increased, as 16 investors sold Main Street Capital Corporation shares while 46 reduced holdings. 23 funds opened positions while 48 raised stakes. 12.88 million shares or 7.02% less from 13.85 million shares in 2017Q4 were reported. Confluence Mngmt Limited Company has 86,673 shares for 0.06% of their portfolio. Westwood Grp Inc Inc invested in 0% or 1,400 shares. Private Advisor Group Lc holds 12,382 shares or 0.02% of its portfolio. Dnb Asset As reported 0% stake. Avalon Advsrs Ltd Liability holds 6,259 shares or 0.01% of its portfolio. Focused Wealth Management accumulated 17,074 shares or 0.2% of the stock. Gradient Investments Ltd Liability has invested 0% in Main Street Capital Corporation (NYSE:MAIN). Mcgowan Gru Asset Mngmt owns 411,498 shares or 2.6% of their US portfolio. Invesco holds 0% or 215,463 shares in its portfolio. Northwestern Mutual Wealth Mngmt owns 1,459 shares or 0% of their US portfolio. Farmers Merchants Invests invested in 0% or 445 shares. Ameriprise Fin has 24,322 shares. Quantbot Tech L P has invested 0.01% in Main Street Capital Corporation (NYSE:MAIN). Eqis Capital Mgmt accumulated 6,155 shares. Deutsche National Bank & Trust Ag has invested 0% in Main Street Capital Corporation (NYSE:MAIN).

The stock increased 0.65% or $0.25 during the last trading session, reaching $38.86. About 221,924 shares traded or 1.32% up from the average. Main Street Capital Corporation (NYSE:MAIN) has risen 1.26% since June 14, 2017 and is uptrending. It has underperformed by 11.31% the S&P500. Some Historical MAIN News: ; 12/03/2018 – Mainstreet Announces Withdrawal of Resolution to Approve Stk Option Plan; 03/05/2018 – MAIN STREET 1Q NET INVESTMENT INCOME $37.0M; 02/05/2018 – Main Street Announces Third Quarter 2018 Regular Monthly Dividends; 04/05/2018 – S&PGR Revs Main Street Capital Otlk To Stbl, Afrms ‘BBB’ Rtg; 06/03/2018 – MAIN STREET CAPITAL – CO, CO-INVESTOR PROVIDING NEXREV UNDRAWN CREDIT FACILITY TO SUPPORT ITS GROWTH INITIATIVES, WORKING CAPITAL; 30/05/2018 – Mainstreet Announces Normal Course Issuer Bid; 05/04/2018 – BANKER’S TOOLBOX ANNOUNCES ACQUISITION OF LOAN LOSS RESERVE POWERHOUSE, MAINSTREET TECHNOLOGIES; 05/04/2018 – MAIN STREET REPORTS NEW PORTFOLIO INVESTMENT $35.2M; 13/04/2018 – Balfour Beatty Communities Selected to Manage Mainstreet at Conyers; 06/03/2018 Main Street Announces New Portfolio Investment

Since February 13, 2018, it had 0 buys, and 7 insider sales for $60.47 million activity. TOWNSEND JEFFREY A sold $14.25M worth of Cerner Corporation (NASDAQ:CERN) on Tuesday, February 13. ILLIG CLIFFORD W sold $174,960 worth of stock. 3,900 Cerner Corporation (NASDAQ:CERN) shares with value of $237,120 were sold by ZOLLARS WILLIAM D. The insider Shafer David Brent sold $819,033. 5,000 shares were sold by Cortese Denis A., worth $301,250.

Ci Global Investments Inc decreased Canadian Nat Res Ltd (NYSE:CNQ) stake by 634,029 shares to 434,840 valued at $13.68 million in 2018Q1. It also reduced Kinder Morgan Inc Del (NYSE:KMI) stake by 835,873 shares and now owns 563,351 shares. Signature Bk New York N Y (NASDAQ:SBNY) was reduced 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. As per Monday, June 5, the company rating was maintained by Piper Jaffray. The stock of Cerner Corporation (NASDAQ:CERN) has “Buy” rating given on Friday, October 13 by Jefferies. As per Monday, December 18, the company rating was maintained by Cantor Fitzgerald. The firm earned “Buy” rating on Monday, April 2 by RBC Capital Markets. Robert W. Baird maintained Cerner Corporation (NASDAQ:CERN) on Wednesday, June 7 with “Hold” rating. On Sunday, December 3 the stock rating was maintained by KeyBanc Capital Markets with “Buy”. The firm has “Buy” rating given on Monday, April 23 by Citigroup. On Thursday, October 6 the stock rating was initiated by UBS with “Neutral”. The firm earned “Buy” rating on Friday, October 6 by Canaccord Genuity. The company was downgraded on Tuesday, December 13 by Morgan Stanley.

More recent Cerner Corporation (NASDAQ:CERN) news were published by: Globenewswire.com which released: “VA, Cerner Announce Agreement to Provide Seamless Care for Veterans” on May 17, 2018. Also Globenewswire.com published the news titled: “Cerner Announces Amendment to Share Repurchase Program” on May 21, 2018. Nasdaq.com‘s news article titled: “Better Buy: Veeva Systems Inc. vs. Cerner” with publication date: May 26, 2018 was also an interesting one.

Main Street Capital Corporation (NYSE:MAIN) Institutional Positions Chart

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