Oxford Asset Management adds Allscripts Healthcare Solutions Inc (MDRX) to its portfolio

Allscripts Healthcare Solutions Inc (MDRX) : Oxford Asset Management added new position in Allscripts Healthcare Solutions Inc during the most recent quarter end. The investment management firm now holds 819,968 shares of Allscripts Healthcare Solutions Inc which is valued at $11,012,170 , the company said in a statement filed on Aug 8, 2016 with the SEC.Allscripts Healthcare Solutions Inc makes up approximately 0.43% of Oxford Asset Management’s portfolio.

Other Hedge Funds, Including , Feltz Wealth Plan added MDRX to its portfolio by purchasing 200 company shares during the most recent quarter which is valued at $2,686.Retirement Systems Of Alabama reduced its stake in MDRX by selling 2,837 shares or 1.16% in the most recent quarter. The Hedge Fund company now holds 241,313 shares of MDRX which is valued at $3,409,753. Allscripts Healthcare Solutions Inc makes up approx 0.02% of Retirement Systems Of Alabama’s portfolio. Calamos Advisors sold out all of its stake in MDRX during the most recent quarter. The investment firm sold 23,700 shares of MDRX which is valued $334,881.

Allscripts Healthcare Solutions Inc opened for trading at $13.23 and hit $13.4 on the upside on Monday, eventually ending the session at $13.27, with a gain of 0.84% or 0.11 points. The heightened volatility saw the trading volume jump to 18,09,831 shares. Company has a market cap of $2,476 M.

On the company’s financial health, Allscripts Healthcare Solutions Inc reported $0.14 EPS for the quarter, based on the information available during the earnings call on Aug 4, 2016. Analyst had a consensus estimate of $0.14. The company had revenue of $362.00 million for the quarter, compared to analysts expectations of $397.89 million. The company’s revenue was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.12 EPS.

Allscripts Healthcare Solutions Inc. is engaged in engaged in delivering Information Technology (IT) and services. The Company sells its solutions to physicians hospitals governments health systems health plans retail clinics retail pharmacies pharmacy benefit managers and post-acute organizations such as home health and hospice agencies. The Company operates through three segments: Clinical and Financial Solutions Population Health and Managed Services. The Company’s solutions enable healthcare professionals with the data insights and connectivity. The Company offers Ambulatory Solutions Acute Care Solutions Population Health Management Solutions and services. Ambulatory solutions include Allscripts TouchWorks HER and Allscripts Professional HER among others. The Company’s acute care offers clinical access financial and departmental solutions. The Company designs its population health management solutions for hospitals health systems among others.

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