Computer Programs and Systems Inc. (NASDAQ:CPSI) shares rose 5.2% during trading on Monday . The stock traded as high as $29.20 and last traded at $28.91, with a volume of 475,598 shares. The stock had previously closed at $27.47.

CPSI has been the subject of several analyst reports. Robert W. Baird downgraded Computer Programs and Systems from an “outperform” rating to a “neutral” rating and cut their target price for the stock from $65.00 to $59.00 in a research note on Thursday, April 14th. Topeka Capital Markets raised their target price on Computer Programs and Systems from $61.00 to $62.00 and gave the stock a “buy” rating in a research note on Thursday, May 5th. Zacks Investment Research downgraded Computer Programs and Systems from a “buy” rating to a “hold” rating in a research note on Friday, May 6th. Royal Bank Of Canada cut their target price on Computer Programs and Systems from $55.00 to $47.00 and set a “sector perform” rating for the company in a research note on Wednesday, May 11th. Finally, KeyCorp restated a “sell” rating on shares of Computer Programs and Systems in a research note on Sunday, May 22nd. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and one has given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $45.55.

The firm has a market cap of $385.12 million and a PE ratio of 50.11. The firm’s 50 day moving average is $38.85 and its 200-day moving average is $47.06.

Computer Programs and Systems (NASDAQ:CPSI) last released its earnings results on Thursday, August 4th. The company reported $0.48 EPS for the quarter, missing analysts’ consensus estimates of $0.79 by $0.31. The company had revenue of $68.42 million for the quarter, compared to analyst estimates of $74.35 million. During the same quarter in the prior year, the firm earned $0.52 EPS. Computer Programs and Systems’s quarterly revenue was up 45.3% on a year-over-year basis. Equities analysts forecast that Computer Programs and Systems Inc. will post $2.30 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 26th. Investors of record on Thursday, August 11th will be issued a $0.34 dividend. The ex-dividend date of this dividend is Tuesday, August 9th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 4.77%.

In other news, VP Robert D. Hinckle sold 1,857 shares of the business’s stock in a transaction that occurred on Wednesday, May 25th. The shares were sold at an average price of $43.42, for a total transaction of $80,630.94. Following the sale, the vice president now owns 13,000 shares in the company, valued at $564,460. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO John B. Douglas, Jr. purchased 3,500 shares of the business’s stock in a transaction dated Thursday, May 19th. The shares were purchased at an average price of $41.98 per share, for a total transaction of $146,930.00. Following the acquisition, the chief executive officer now directly owns 179,685 shares of the company’s stock, valued at $7,543,176.30. The disclosure for this purchase can be found here.

Several large investors have recently added to or reduced their stakes in CPSI. US Bancorp DE raised its stake in Computer Programs and Systems by 11.6% in the fourth quarter. US Bancorp DE now owns 20,891 shares of the company’s stock worth $1,039,000 after buying an additional 2,174 shares in the last quarter. Marshall Wace LLP purchased a new stake in Computer Programs and Systems during the fourth quarter worth about $1,808,000. Rhumbline Advisers raised its stake in Computer Programs and Systems by 3.0% in the fourth quarter. Rhumbline Advisers now owns 46,281 shares of the company’s stock worth $2,302,000 after buying an additional 1,355 shares in the last quarter. Finally, Schroder Investment Management Group raised its stake in Computer Programs and Systems by 3.2% in the fourth quarter. Schroder Investment Management Group now owns 675,876 shares of the company’s stock worth $33,625,000 after buying an additional 20,801 shares in the last quarter.

Computer Programs and Systems, Inc (CPSI) is a provider of healthcare information technology (IT) solutions for rural and community hospitals and post-acute care facilities. The Company provides, on an integrated basis, enterprise-wide clinical management, access management, patient financial management, health information management, strategic decision support, resource planning management and enterprise application integration solutions to healthcare organizations.

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