Zacks Investment Management Has Decreased Its American Finl Group Ohio (AFG) Holding by $29.00 Million as Stock Rose; As Computer Programs And Systems (CPSI) Share Value Rose, Burgundy Asset Management LTD Trimmed Holding

February 16, 2018 - By Neil V. Hobbs

Zacks Investment Management decreased its stake in American Finl Group Inc Ohio (AFG) by 92.47% based on its latest 2017Q3 regulatory filing with the SEC. Zacks Investment Management sold 281,580 shares as the company’s stock rose 5.81% with the market. The institutional investor held 22,940 shares of the finance company at the end of 2017Q3, valued at $2.37 million, down from 304,520 at the end of the previous reported quarter. Zacks Investment Management who had been investing in American Finl Group Inc Ohio for a number of months, seems to be less bullish one the $9.91B market cap company. The stock increased 0.42% or $0.47 during the last trading session, reaching $112.31. About 169,256 shares traded. American Financial Group, Inc. (NYSE:AFG) has risen 40.27% since February 16, 2017 and is uptrending. It has outperformed by 23.57% the S&P500.

Burgundy Asset Management Ltd decreased its stake in Computer Programs And Systems Inc. (CPSI) by 5.67% based on its latest 2017Q3 regulatory filing with the SEC. Burgundy Asset Management Ltd sold 61,235 shares as the company’s stock rose 26.52% with the market. The institutional investor held 1.02M shares of the technology company at the end of 2017Q3, valued at $30.09M, down from 1.08 million at the end of the previous reported quarter. Burgundy Asset Management Ltd who had been investing in Computer Programs And Systems Inc. for a number of months, seems to be less bullish one the $424.95 million market cap company. The stock decreased 0.16% or $0.05 during the last trading session, reaching $31.6. About 95,839 shares traded or 26.66% up from the average. Computer Programs and Systems, Inc. (NASDAQ:CPSI) has declined 20.44% since February 16, 2017 and is downtrending. It has underperformed by 37.14% the S&P500.

Zacks Investment Management, which manages about $3.45B and $4.27 billion US Long portfolio, upped its stake in Wal (NYSE:WMT) by 8,890 shares to 741,648 shares, valued at $57.95M in 2017Q3, according to the filing. It also increased its holding in Insight Enterprises Inc (NASDAQ:NSIT) by 24,416 shares in the quarter, for a total of 71,022 shares, and has risen its stake in Metlife Inc (NYSE:MET).

Among 4 analysts covering American Financial Group (NYSE:AFG), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. American Financial Group had 7 analyst reports since January 19, 2016 according to SRatingsIntel. The stock of American Financial Group, Inc. (NYSE:AFG) has “Buy” rating given on Thursday, February 1 by Bank of America. Sandler O’Neill maintained American Financial Group, Inc. (NYSE:AFG) rating on Thursday, February 1. Sandler O’Neill has “Buy” rating and $132.0 target. Buckingham Research initiated the shares of AFG in report on Monday, September 11 with “Hold” rating. The stock of American Financial Group, Inc. (NYSE:AFG) has “Neutral” rating given on Friday, December 2 by Macquarie Research. Sandler O’Neill upgraded American Financial Group, Inc. (NYSE:AFG) on Friday, August 12 to “Buy” rating. On Wednesday, January 10 the stock rating was maintained by Sandler O’Neill with “Buy”.

Investors sentiment decreased to 0.77 in Q3 2017. Its down 0.74, from 1.51 in 2017Q2. It fall, as 38 investors sold AFG shares while 125 reduced holdings. 46 funds opened positions while 79 raised stakes. 51.31 million shares or 3.79% less from 53.33 million shares in 2017Q2 were reported. Bessemer reported 55,786 shares stake. London Co Of Virginia holds 0% or 2,700 shares. Dana Investment, a Wisconsin-based fund reported 43,448 shares. Credit Suisse Ag accumulated 135,917 shares. Kbc Grp Inc Nv accumulated 6,958 shares. Louisiana State Employees Retirement Systems reported 18,300 shares. Advisory Net Lc, a Georgia-based fund reported 58 shares. The Massachusetts-based Wellington Management Grp Llp has invested 0% in American Financial Group, Inc. (NYSE:AFG). Advsrs Asset Mgmt Inc, Colorado-based fund reported 9,620 shares. Paloma Prtn reported 0.03% stake. Kames Capital Public Ltd Company owns 18,893 shares. Korea Invest invested in 82,100 shares. Amalgamated Bancorporation holds 0.04% or 13,384 shares in its portfolio. Deutsche Fincl Bank Ag reported 0.01% in American Financial Group, Inc. (NYSE:AFG). Tiaa Cref Mgmt Ltd Liability Corp invested in 314,569 shares or 0.02% of the stock.

Since December 15, 2017, it had 0 insider purchases, and 2 selling transactions for $5.96 million activity. $149,848 worth of American Financial Group, Inc. (NYSE:AFG) was sold by Drosos Virginia.

Burgundy Asset Management Ltd, which manages about $19.85 billion and $10.56 billion US Long portfolio, upped its stake in Jacobs Engineering Group Inc. (NYSE:JEC) by 10,512 shares to 321,101 shares, valued at $18.71M in 2017Q3, according to the filing. It also increased its holding in Argo Group International Holdings Ltd. (NASDAQ:AGII) by 9,291 shares in the quarter, for a total of 142,870 shares, and has risen its stake in Northern Trust Corp. (NASDAQ:NTRS).

Since August 25, 2017, it had 0 insider purchases, and 2 insider sales for $177,120 activity.

Among 14 analysts covering Computer Progams & Systems (NASDAQ:CPSI), 3 have Buy rating, 2 Sell and 9 Hold. Therefore 21% are positive. Computer Progams & Systems had 38 analyst reports since July 31, 2015 according to SRatingsIntel. The stock of Computer Programs and Systems, Inc. (NASDAQ:CPSI) has “Hold” rating given on Tuesday, December 1 by Deutsche Bank. The stock of Computer Programs and Systems, Inc. (NASDAQ:CPSI) has “Sector Perform” rating given on Wednesday, May 11 by RBC Capital Markets. Cantor Fitzgerald maintained it with “Hold” rating and $27.0 target in Thursday, November 2 report. The firm has “Buy” rating given on Monday, February 27 by Dougherty & Company. On Friday, November 3 the stock rating was maintained by SunTrust with “Hold”. Suntrust Robinson upgraded Computer Programs and Systems, Inc. (NASDAQ:CPSI) rating on Monday, December 14. Suntrust Robinson has “Buy” rating and $68 target. The firm earned “Hold” rating on Friday, July 31 by Topeka Capital Markets. The stock of Computer Programs and Systems, Inc. (NASDAQ:CPSI) has “Mkt Perform” rating given on Friday, November 27 by FBR Capital. The firm has “Hold” rating given on Friday, August 4 by Oppenheimer. FBR Capital maintained the shares of CPSI in report on Friday, August 5 with “Mkt Perform” rating.

Investors sentiment decreased to 0.96 in 2017 Q3. Its down 0.50, from 1.46 in 2017Q2. It worsened, as 19 investors sold CPSI shares while 34 reduced holdings. 14 funds opened positions while 37 raised stakes. 12.15 million shares or 11.10% less from 13.67 million shares in 2017Q2 were reported. 49,178 were reported by Schwab Charles Invest Mngmt. Fmr Ltd Liability has 167,510 shares. 259 were accumulated by Barclays Pcl. State Of Tennessee Treasury Department reported 9,188 shares. Alliancebernstein LP holds 0% of its portfolio in Computer Programs and Systems, Inc. (NASDAQ:CPSI) for 19,587 shares. Raymond James & invested in 7,681 shares. Royal Bank Of Canada invested 0% of its portfolio in Computer Programs and Systems, Inc. (NASDAQ:CPSI). Ledyard Bancorp holds 2,538 shares or 0.01% of its portfolio. Dimensional Fund Advisors Ltd Partnership reported 0% in Computer Programs and Systems, Inc. (NASDAQ:CPSI). Fuller & Thaler Asset Mgmt accumulated 5 shares or 0% of the stock. Southeast Asset Advsrs Inc accumulated 32,740 shares or 0.31% of the stock. 6,880 were reported by State Board Of Administration Of Florida Retirement Systems. Sei Invests has invested 0% in Computer Programs and Systems, Inc. (NASDAQ:CPSI). Pinebridge Lp holds 27,217 shares. Wasatch Advsr holds 0.06% of its portfolio in Computer Programs and Systems, Inc. (NASDAQ:CPSI) for 148,186 shares.

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