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Computer Programs & Systems (CPSI) Shareholder Francisco Partners Management LP Has Trimmed Its Holding by $19.05 Million as Share Value Declined; Sir Capital Management LP Has Upped Stake in Cabot (CBT) as Market Valuation Declined

Cabot Corporation (NYSE:CBT) Logo

Francisco Partners Management Lp decreased its stake in Computer Programs & Systems Inc (CPSI) by 50% based on its latest 2018Q3 regulatory filing with the SEC. Francisco Partners Management Lp sold 732,803 shares as the company’s stock declined 0.19% with the market. The institutional investor held 732,802 shares of the technology company at the end of 2018Q3, valued at $19.68 million, down from 1.47 million at the end of the previous reported quarter. Francisco Partners Management Lp who had been investing in Computer Programs & Systems Inc for a number of months, seems to be less bullish one the $358.47M market cap company. The stock decreased 2.34% or $0.63 during the last trading session, reaching $26.35. About 12,226 shares traded. Computer Programs and Systems, Inc. (NASDAQ:CPSI) has declined 10.83% since January 14, 2018 and is downtrending. It has underperformed by 10.83% the S&P500. Some Historical CPSI News: 07/03/2018 – Norges Bank Exits Position in Computer Programs; 19/04/2018 – Computer Programs Forms Golden Cross: Technicals; 24/05/2018 – CPSI and Alliance Health Partners Announce Partnership; 23/04/2018 – DJ Computer Programs and Systems Inc, Inst Holders, 1Q 2018 (CPSI); 12/03/2018 – Computer Programs Closes Above 200-Day Average: Technicals; 30/05/2018 – Consolidated Research: 2018 Summary Expectations for Crown Castle International, Avnet, Computer Programs and, Model N, Century; 03/05/2018 – Computer Programs & Sys 1Q Rev $70.9M; 15/05/2018 – Product Vision Takes Center Stage at the CPSI 2018 National Client Conference; 03/05/2018 – COMPUTER PROGRAMS 1Q ADJ EPS 59C; 22/03/2018 – Computer Programs Closes Below 50-Day Moving Average

Sir Capital Management Lp increased its stake in Cabot Corp (CBT) by 188.35% based on its latest 2018Q3 regulatory filing with the SEC. Sir Capital Management Lp bought 144,914 shares as the company’s stock declined 27.69% with the market. The hedge fund held 221,851 shares of the major chemicals company at the end of 2018Q3, valued at $13.91 million, up from 76,937 at the end of the previous reported quarter. Sir Capital Management Lp who had been investing in Cabot Corp for a number of months, seems to be bullish on the $2.71B market cap company. The stock decreased 0.42% or $0.19 during the last trading session, reaching $45.06. About 53,640 shares traded. Cabot Corporation (NYSE:CBT) has declined 23.12% since January 14, 2018 and is downtrending. It has underperformed by 23.12% the S&P500. Some Historical CBT News: 22/03/2018 – The country has been accused of ethnic cleansing, according to Bridget Welsh of John Cabot University; 23/05/2018 – Cabot Energy Trades Down After Lowering Production Guidance, Deferring Drilling; 23/04/2018 – CABOT NAMES ERICA MCLAUGHLIN AS CFO; 08/05/2018 – Encore Capital to Buy the Remaining Interest in Cabot Credit From Existing Hldrs Including J.C. Flowers; 07/05/2018 – CABOT CORP 2Q ADJ EPS $1.04, EST. 99C; 23/04/2018 – Cabot Corporation Announces Chief Financial Officer Eduardo Cordeiro To Retire And Appoints Erica McLaughlin As Chief Financial Officer; 25/04/2018 – Cabot Norit Activated Carbon Introduces Interactive Carbon Selection Tool for Sediment Remediation Applications; 23/05/2018 – CABOT ENERGY – CO ASSESSING POTENTIAL WELL REINSTATEMENT PROGRAMME DURING SUMMER OF 2018 ON A NUMBER OF EXISTING WELLS TO INCREASE PRODUCTION; 17/04/2018 – Midwest Energy Emissions Corp. Announces European Licensing Agreement with Cabot Corporation; 07/05/2018 – CABOT – IN PERFORMANCE CHEMICALS, EXPECT TO MAINTAIN MARGINS WHILE CO DRIVES VOLUME GROWTH THROUGH SECOND HALF OF YEAR

Sir Capital Management Lp, which manages about $1.60B and $672.67 million US Long portfolio, decreased its stake in Oceaneering Intl Inc (NYSE:OII) by 238,882 shares to 93,658 shares, valued at $2.59M in 2018Q3, according to the filing. It also reduced its holding in Transocean Ltd (NYSE:RIG) by 269,600 shares in the quarter, leaving it with 156,900 shares, and cut its stake in Parsley Energy Inc (NYSE:PE).

Since August 20, 2018, it had 0 insider purchases, and 3 selling transactions for $4.98 million activity. $1.05M worth of stock was sold by Cross Nicholas S. on Tuesday, August 21.

Among 14 analysts covering Cabot (NYSE:CBT), 12 have Buy rating, 0 Sell and 2 Hold. Therefore 86% are positive. Cabot had 30 analyst reports since August 13, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Friday, August 12 by Deutsche Bank. The stock has “Hold” rating by Robert W. Baird on Tuesday, April 17. KeyBanc Capital Markets maintained the stock with “Hold” rating in Tuesday, October 31 report. The rating was downgraded by KeyBanc Capital Markets on Monday, April 11 to “Sector Weight”. Jefferies maintained the shares of CBT in report on Thursday, July 13 with “Buy” rating. The firm has “Hold” rating by KeyBanc Capital Markets given on Wednesday, September 6. The rating was upgraded by SunTrust on Tuesday, December 19 to “Buy”. Zacks upgraded the shares of CBT in report on Tuesday, September 1 to “Sell” rating. Deutsche Bank maintained Cabot Corporation (NYSE:CBT) rating on Thursday, August 13. Deutsche Bank has “Hold” rating and $37.0 target. The firm has “Buy” rating by Northcoast given on Monday, February 12.

More notable recent Cabot Corporation (NYSE:CBT) news were published by: Benzinga.com which released: “Earnings Scheduled For November 5, 2018 – Benzinga” on November 05, 2018, also Businesswire.com with their article: “Cabot Corporation Announces Chief Financial Officer Eduardo Cordeiro to Retire and Appoints Erica McLaughlin as Chief Financial Officer – Business Wire” published on April 23, 2018, Globenewswire.com published: “New Research Coverage Highlights Rite Aid, The Boeing, Cabot, Biogen, McDonald’s, and Pegasystems — Consolidated Revenues, Company Growth, and Expectations for 2018 – GlobeNewswire” on October 29, 2018. More interesting news about Cabot Corporation (NYSE:CBT) were released by: Businesswire.com and their article: “Cabot Corporation Introduces a Series of Advanced Activated Carbons for Vapor Capture in Gasoline Fueled Vehicles – Business Wire” published on July 17, 2018 as well as Seekingalpha.com‘s news article titled: “Graphene Investing: 2018 – Seeking Alpha” with publication date: January 16, 2018.

Investors sentiment increased to 1.18 in Q3 2018. Its up 0.35, from 0.83 in 2018Q2. It improved, as 22 investors sold CBT shares while 80 reduced holdings. 36 funds opened positions while 84 raised stakes. 50.81 million shares or 1.68% less from 51.68 million shares in 2018Q2 were reported. Gradient Invs Ltd Liability Company has invested 0% in Cabot Corporation (NYSE:CBT). Deutsche National Bank Ag owns 0.01% invested in Cabot Corporation (NYSE:CBT) for 173,407 shares. Hillcrest Asset Mgmt Limited Liability Com owns 1.71% invested in Cabot Corporation (NYSE:CBT) for 143,619 shares. Los Angeles Cap Management Equity Rech reported 0.07% stake. Teacher Retirement Sys Of Texas owns 7,283 shares. Schroder Investment Grp reported 18,050 shares or 0% of all its holdings. Credit Suisse Ag stated it has 0% in Cabot Corporation (NYSE:CBT). Retirement Sys Of Alabama reported 79,553 shares. Arizona State Retirement Systems reported 0.03% in Cabot Corporation (NYSE:CBT). Stratos Wealth Prtnrs Ltd holds 0% or 6 shares. Weiss Multi reported 15,000 shares stake. Michigan-based State Treasurer State Of Michigan has invested 0.01% in Cabot Corporation (NYSE:CBT). New York State Common Retirement Fund holds 0.03% or 464,619 shares. Blackrock invested 0.02% in Cabot Corporation (NYSE:CBT). Cadence Capital Mngmt Limited Liability Corp reported 4,136 shares.

Among 15 analysts covering Computer Progams & Systems (NASDAQ:CPSI), 3 have Buy rating, 2 Sell and 10 Hold. Therefore 20% are positive. Computer Progams & Systems had 41 analyst reports since July 31, 2015 according to SRatingsIntel. KeyBanc Capital Markets maintained it with “Underweight” rating and $21 target in Friday, August 3 report. The company was maintained on Tuesday, August 16 by KeyBanc Capital Markets. The company was downgraded on Friday, August 5 by Deutsche Bank. RBC Capital Markets maintained it with “Sector Perform” rating and $55 target in Friday, January 29 report. The stock of Computer Programs and Systems, Inc. (NASDAQ:CPSI) earned “Hold” rating by Robert W. Baird on Monday, October 2. Robert W. Baird maintained the shares of CPSI in report on Tuesday, August 7 with “Neutral” rating. Suntrust Robinson upgraded the stock to “Buy” rating in Monday, December 14 report. As per Friday, November 27, the company rating was maintained by FBR Capital. The company was maintained on Friday, October 30 by Topeka Capital Markets. The stock of Computer Programs and Systems, Inc. (NASDAQ:CPSI) earned “Outperform” rating by Robert W. Baird on Wednesday, November 25.

Since November 15, 2018, it had 0 insider purchases, and 1 sale for $1.09 million activity.

More notable recent Computer Programs and Systems, Inc. (NASDAQ:CPSI) news were published by: Nasdaq.com which released: “CPSI vs. TRHC: Which Stock Should Value Investors Buy Now? – Nasdaq” on December 28, 2018, also Businesswire.com with their article: “CPSI and Alliance Health Partners Announce Partnership – Business Wire” published on May 24, 2018, Businesswire.com published: “CPSI Announces Formation of Evident, LLC – Business Wire” on April 13, 2015. More interesting news about Computer Programs and Systems, Inc. (NASDAQ:CPSI) were released by: Finance.Yahoo.com and their article: “Tech stock rally helps snap losing streak as rough week ends – Yahoo News” published on October 12, 2018 as well as Nasdaq.com‘s news article titled: “Computer Programs and Systems, Inc. (CPSI) Ex-Dividend Date Scheduled for November 14, 2018 – Nasdaq” with publication date: November 13, 2018.

Computer Programs and Systems, Inc. (NASDAQ:CPSI) Institutional Positions Chart

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