Ci Global Investments Increased Its Cerner (CERN) Stake by $4.43 Million; Umpqua Holdings (UMPQ) Valuation Rose While Segall Bryant & Hamill Increased by $653,478 Its Holding

June 22, 2018 - By Marguerite Chambers

Cerner Corporation (NASDAQ:CERN) Logo

Segall Bryant & Hamill Llc increased its stake in Umpqua Holdings Corp (UMPQ) by 2.23% based on its latest 2018Q1 regulatory filing with the SEC. Segall Bryant & Hamill Llc bought 31,118 shares as the company’s stock rose 8.28% while stock markets declined. The hedge fund held 1.43M shares of the savings institutions company at the end of 2018Q1, valued at $30.55 million, up from 1.40 million at the end of the previous reported quarter. Segall Bryant & Hamill Llc who had been investing in Umpqua Holdings Corp for a number of months, seems to be bullish on the $5.27 billion market cap company. The stock decreased 0.25% or $0.06 during the last trading session, reaching $23.95. About 1.64M shares traded. Umpqua Holdings Corporation (NASDAQ:UMPQ) has risen 36.10% since June 22, 2017 and is uptrending. It has outperformed by 23.53% the S&P500. Some Historical UMPQ News: 20/04/2018 – DJ Umpqua Holdings Corporation, Inst Holders, 1Q 2018 (UMPQ); 05/03/2018 OWENS REALTY MORTGAGE – AMENDED SECURED CREDIT FACILITY WITH ZB, N.A. DBA CALIFORNIA BANK & TRUST, FIRST BANK AND UMPQUA BANK, TO EXTEND MATURITY DATE; 19/04/2018 – Umpqua Closes Above 50-Day Moving Average: Technicals; 18/04/2018 – UMPQUA HOLDINGS CORP UMPQ.O -INCREASED QUARTERLY CASH DIVIDEND BY 11.1% TO $0.20 PER COMMON SHARE; 16/04/2018 – Umpqua Bank Promotes Tory Nixon to SEVP, Chief Banking Officer to Advance Human-Digital Banking Strategy; 18/04/2018 – UMPQUA 1Q EPS 35C, EST. 28C; 23/04/2018 – UMPQUA INVESTMENTS EXPANDS LEADERSHIP TEAM; REPORTS HIRE OF ERI; 15/03/2018 – UMPQUA HOLDINGS CORP – BOARD OF DIRECTORS HAS APPROVED AN INCREASE IN QUARTERLY CASH DIVIDEND TO $0.20 PER COMMON SHARE; 26/03/2018 – Sound Community Bank Opens De Novo Branch in Seattle’s Belltown Neighborhood; 26/03/2018 – Community Valley Bank Buying Southern California Branch from Umpqua Bank

Ci Global Investments Inc increased its stake in Cerner Corp (CERN) by 52.54% based on its latest 2018Q1 regulatory filing with the SEC. Ci Global Investments Inc bought 76,338 shares as the company’s stock declined 6.71% with the market. The institutional investor held 221,620 shares of the edp services company at the end of 2018Q1, valued at $12.85M, up from 145,282 at the end of the previous reported quarter. Ci Global Investments Inc who had been investing in Cerner Corp for a number of months, seems to be bullish on the $19.89B market cap company. The stock decreased 1.85% or $1.13 during the last trading session, reaching $59.93. About 884,784 shares traded. Cerner Corporation (NASDAQ:CERN) has declined 7.93% since June 22, 2017 and is downtrending. It has underperformed by 20.50% the S&P500. Some Historical CERN News: 21/05/2018 – Cerner Total Authorized Buyback Now Stands at $1 Billion; 02/05/2018 – Cerner Sees 2Q Rev $1.31-$1.36B; 09/05/2018 – Indiana Family and Social Services Administration Selects Cerner to Implement Electronic Health Record; 09/04/2018 – Rankin County Hospital District Launches Cerner Electronic Health Record; 21/05/2018 – Columbus Regional Healthcare System Selects Cerner Integrated EHR to Support Improved Patient Care; 02/05/2018 – Cerner: Mixed Results, Revised Outlook Reflect Delay of Large Contract, Less Predictable End Market; 02/05/2018 – Cerner Sees FY Rev $5.325B-$5.45B; 13/04/2018 – Cerner, AANAC Award Nursing Assistant of the Year Scholarship; 05/04/2018 – Kern Medical Selects Cerner Enterprisewide Health IT System and Population Health Platform; 02/05/2018 – Cerner 1Q Adj EPS 58c

Segall Bryant & Hamill Llc, which manages about $9.47B and $4.32B US Long portfolio, decreased its stake in Facebook Inc (NASDAQ:FB) by 11,325 shares to 30,822 shares, valued at $4.93 million in 2018Q1, according to the filing. It also reduced its holding in Jp Morgan Chase & Co (NYSE:JPM) by 33,392 shares in the quarter, leaving it with 493,582 shares, and cut its stake in American International Group I (NYSE:AIG).

Investors sentiment decreased to 1.03 in 2018 Q1. Its down 0.31, from 1.34 in 2017Q4. It worsened, as 27 investors sold UMPQ shares while 90 reduced holdings. 31 funds opened positions while 89 raised stakes. 193.13 million shares or 0.34% less from 193.79 million shares in 2017Q4 were reported. Cornerstone Advisors has invested 0% in Umpqua Holdings Corporation (NASDAQ:UMPQ). Foundry Ptnrs Ltd Liability holds 347,398 shares or 0.32% of its portfolio. Us Bancorporation De reported 117,849 shares. Heartland Advisors Inc has invested 0.61% of its portfolio in Umpqua Holdings Corporation (NASDAQ:UMPQ). Tennessee-based State Of Tennessee Treasury Department has invested 0.03% in Umpqua Holdings Corporation (NASDAQ:UMPQ). Metropolitan Life Insur Ny invested in 0% or 127,822 shares. 517,908 were reported by Bain Capital Public Equity Mngmt Ltd Liability Corp. Renaissance Technology Ltd Liability Corp stated it has 0% of its portfolio in Umpqua Holdings Corporation (NASDAQ:UMPQ). 539,597 are owned by Cambiar Investors Ltd. Hightower Advsr Limited Liability Company has 0% invested in Umpqua Holdings Corporation (NASDAQ:UMPQ). Regions accumulated 16,898 shares. White Pine Cap Lc reported 0.12% in Umpqua Holdings Corporation (NASDAQ:UMPQ). Ledyard Retail Bank invested in 0% or 585 shares. Teton Advsrs invested in 20,886 shares. Fincl Bank Of America De reported 0.01% stake.

Since January 31, 2018, it had 0 insider purchases, and 1 sale for $124,297 activity.

Among 14 analysts covering Umpqua Holdings Corp (NASDAQ:UMPQ), 6 have Buy rating, 1 Sell and 7 Hold. Therefore 43% are positive. Umpqua Holdings Corp had 45 analyst reports since July 21, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained Umpqua Holdings Corporation (NASDAQ:UMPQ) on Thursday, April 19 with “Buy” rating. The stock of Umpqua Holdings Corporation (NASDAQ:UMPQ) earned “Buy” rating by Sandler O’Neill on Thursday, April 19. Wedbush downgraded the stock to “Neutral” rating in Wednesday, May 2 report. The stock has “Hold” rating by Barclays Capital on Tuesday, January 2. The rating was maintained by SunTrust with “Buy” on Monday, April 23. The stock of Umpqua Holdings Corporation (NASDAQ:UMPQ) has “Buy” rating given on Tuesday, November 28 by SunTrust. The firm earned “Buy” rating on Wednesday, November 8 by Keefe Bruyette & Woods. As per Tuesday, March 20, the company rating was maintained by Stephens. Piper Jaffray downgraded the shares of UMPQ in report on Thursday, April 21 to “Underweight” rating. The firm has “Hold” rating by Hovde Group given on Monday, April 23.

More news for Umpqua Holdings Corporation (NASDAQ:UMPQ) were recently published by: Globenewswire.com, which released: “Umpqua Bank Announces Tom Farrell to Lead Homebuilder Finance Group” on June 04, 2018. Globenewswire.com‘s article titled: “Umpqua Holdings Announces Quarterly Dividend” and published on June 15, 2018 is yet another important article.

Since February 13, 2018, it had 0 insider buys, and 7 sales for $60.47 million activity. $14.25 million worth of Cerner Corporation (NASDAQ:CERN) was sold by TOWNSEND JEFFREY A on Tuesday, February 13. $237,120 worth of Cerner Corporation (NASDAQ:CERN) was sold by ZOLLARS WILLIAM D. Shafer David Brent had sold 13,348 shares worth $819,033 on Monday, May 21. 5,000 shares valued at $301,250 were sold by Cortese Denis A. on Friday, June 8.

Investors sentiment decreased to 1.01 in Q1 2018. Its down 0.04, from 1.05 in 2017Q4. It is negative, 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. Franklin Resource invested in 836,257 shares. Ledyard Retail Bank holds 5,975 shares. Asset Mgmt One Limited owns 487,424 shares or 0.06% of their US portfolio. Exane Derivatives accumulated 25 shares or 0% of the stock. Us State Bank De holds 0.08% of its portfolio in Cerner Corporation (NASDAQ:CERN) for 425,969 shares. Hartford reported 0.11% stake. Iguana Management accumulated 20,000 shares. Zeke Capital Advsr Llc reported 5,488 shares. Kentucky Retirement System holds 16,490 shares or 0.08% of its portfolio. Stifel stated it has 0.02% of its portfolio in Cerner Corporation (NASDAQ:CERN). Brown Brothers Harriman And holds 0% or 740 shares. Beacon Financial Grp stated it has 0.05% of its portfolio in Cerner Corporation (NASDAQ:CERN). Halsey Associate Incorporated Ct holds 1.17% or 114,538 shares. First Republic Inv Mngmt invested 0.03% of its portfolio in Cerner Corporation (NASDAQ:CERN). British Columbia Inv Mgmt Corp reported 0.16% in Cerner Corporation (NASDAQ:CERN).

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. Cantor Fitzgerald maintained the shares of CERN in report on Thursday, May 10 with “Buy” rating. Argus Research downgraded Cerner Corporation (NASDAQ:CERN) on Tuesday, March 13 to “Hold” rating. Cantor Fitzgerald maintained Cerner Corporation (NASDAQ:CERN) on Sunday, April 29 with “Buy” rating. The rating was maintained by Jefferies with “Buy” on Tuesday, July 4. The firm earned “Sell” rating on Tuesday, September 15 by Stifel Nicolaus. The stock of Cerner Corporation (NASDAQ:CERN) has “Perform” rating given on Friday, February 10 by Oppenheimer. The company was maintained on Friday, October 27 by Piper Jaffray. Cantor Fitzgerald maintained Cerner Corporation (NASDAQ:CERN) on Wednesday, March 14 with “Buy” rating. As per Monday, September 19, the company rating was initiated by Bank of America. The firm has “Market Perform” rating by Avondale given on Friday, February 10.

Ci Global Investments Inc, which manages about $9.58 billion and $5.81B US Long portfolio, decreased its stake in Baxter Intl Inc (NYSE:BAX) by 357,518 shares to 82,831 shares, valued at $5.39M in 2018Q1, according to the filing. It also reduced its holding in Extended Stay Amer Inc (NYSE:STAY) by 1.03 million shares in the quarter, leaving it with 1.79M shares, and cut its stake in Lockheed Martin Corp (NYSE:LMT).

More recent Cerner Corporation (NASDAQ:CERN) news were published by: Bizjournals.com which released: “Cerner co-founder sells $24.8M in stock” on June 18, 2018. Also Bizjournals.com published the news titled: “House will create panel to keep an eye on Cerner’s VA project” on June 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.

Umpqua Holdings Corporation (NASDAQ:UMPQ) Institutional Positions Chart

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