State Farm Mutual Automobile Insurance Company Increases Holding in Cerner Corp (CERN)

The institutional investor held 429,846 shares of the edp services company at the end of 2017Q2, valued at $28.57 million, up from 89,360 at the end of the previous reported quarter. Cerner Corp now has $23.50B valuation. On the stock's most recent trading day, the company's shares ended the regular session at $70.69, which is 4.29% lower than its 52-week high. Cerner comprises approximately 2.6% of Van Den Berg Management I Inc.'s holdings, making the stock its 15th largest position. About 483,587 shares traded. Cerner Corporation (NASDAQ:CERN) has risen 19.54% since December 1, 2016 and is uptrending. It has underperformed by 16.70% the S&P500. Moreover, Rampart Investment Mngmt Lc has 0.09% invested in Cerner Corporation (NASDAQ:CERN) for 3,821 shares. Therefore 50% are positive.

The average Wall Street analyst rating for Cerner Corporation is Hold, according to the average of 21 analyst scores.

Cerner (NASDAQ:CERN) last announced its quarterly earnings results on Thursday, October 26th. (NASDAQ:CERN) by 13.7% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The correct version of this piece of content can be viewed at https://stocknewstimes.com/2017/12/01/keybank-national-association-oh-has-724000-stake-in-cerner-corporation-cern.html. Canaccord Genuity reaffirmed a "buy" rating and set a $63.00 target price on shares of Cerner in a report on Friday, January 27th. The firm has a market capitalization of $23,500.00, a P/E ratio of 30.86, a P/E/G ratio of 2.25 and a beta of 0.93. The firm has "Buy" rating by Cantor Fitzgerald given on Sunday, July 9. The stock of Cerner Corporation (NASDAQ:CERN) has "Outperform" rating given on Wednesday, August 5 by Oppenheimer. One investment analyst has rated the stock with a sell rating, fourteen have given a hold rating and nine have given a buy rating to the stock. On Wednesday, August 5 the stock rating was maintained by Evercore with "Buy".

A number of equities research analysts have issued reports on the stock. Its down 0.06, from 0.93 in 2017Q1. Bank of New York Mellon Corp raised its stake in Cerner by 19.0% during the 2nd quarter. In addition to Marc Naughton, 2 other CERN executives reported Sell trades in the last month. Eventide Asset Mgmt Limited Com has 108,200 shares. CERN's SI was 11.48 million shares in December as released by FINRA.

In other news, CEO Clifford W. Illig sold 140,000 shares of the stock in a transaction that occurred on Thursday, November 16th. 2,390 are held by Wfg Lp. Washington Tru Communication reported 1.35% stake. South Dakota Council reported 49,700 shares.

Among 26 analysts covering Cerner Corporation (NASDAQ:CERN), 13 have Buy rating, 1 Sell and 12 Hold. Fulton Breakefield Broenniman Ltd owns 64,421 shares. Vanguard Group Inc. now owns 29,296,545 shares of the company's stock worth $1,947,341,000 after acquiring an additional 876,919 shares during the period. Country Club Trust Company n.a. increased its position in shares of Cerner by 0.4% in the first quarter. AXA increased its holdings in shares of Cerner by 7.1% in the third quarter. Ameritas Inv Prtnrs owns 38,551 shares. Its up 3.54% from 556,500 shares previously.

Since June 6, 2017, it had 0 insider buys, and 3 selling transactions for $8.63 million activity. Another trade for 6,200 shares valued at $421,414 was sold by BISBEE GERALD E JR. Over the last ninety days, insiders have sold 927,470 shares of company stock worth $61,604,482. Another trade for 60,000 shares valued at $4.09 million was made by WILSON JULIE M on Wednesday, June 7. There were 57 sold out positions, amounting to 2.3 million shares.

Receive News & Ratings for Cerner Co. Shire Plc (NASDAQ:SHPG) was raised too. The stock has "Hold" rating by Argus Research on Thursday, March 23. Jefferies Group set a $79.00 price target on shares of Cerner and gave the stock a "buy" rating in a research report on Friday, October 13th. UBS downgraded the shares of AES in report on Monday, October 3 to "Sel" rating. The firm has "Peer Perform" rating by Wolfe Research given on Wednesday, November 4. The company was maintained on Friday, September 8 by Morgan Stanley. Piper Jaffray Companies reiterated a "buy" rating and issued a $70.00 price target on shares of Cerner in a research note on Thursday. Cetera Advisors Ltd Llc owns 0.09% invested in Cerner Corporation (NASDAQ:CERN) for 21,385 shares. Korea Invest owns 194,300 shares. Turtle Creek Asset, Ontario - Canada-based fund reported 17,700 shares. Paloma Prns Management, Connecticut-based fund reported 9,491 shares. Quantum holds 118,349 shares. Finally, Louisiana State Employees Retirement System boosted its holdings in Cerner by 1.1% in the second quarter. Echo Street Cap Management Ltd Liability Com accumulated 92,672 shares. Walleye Trading Limited Liability Corp has invested 0% in The AES Corporation (NYSE:AES). Evercore Wealth Management Llc has 2,580 shares for 0.01% of their portfolio.

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