BNP Paribas Arbitrage SA lessened its position in shares of Allscripts Healthcare Solutions Inc (NASDAQ:MDRX) by 86.1% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 36,703 shares of the software maker’s stock after selling 227,247 shares during the quarter. BNP Paribas Arbitrage SA’s holdings in Allscripts Healthcare Solutions were worth $350,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Meeder Asset Management Inc. grew its stake in Allscripts Healthcare Solutions by 539.1% during the 4th quarter. Meeder Asset Management Inc. now owns 3,368 shares of the software maker’s stock worth $32,000 after buying an additional 2,841 shares during the last quarter. Oregon Public Employees Retirement Fund grew its stake in Allscripts Healthcare Solutions by 864.0% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 684,189 shares of the software maker’s stock worth $71,000 after buying an additional 613,215 shares during the last quarter. ETF Managers Group LLC grew its stake in Allscripts Healthcare Solutions by 15.8% during the 4th quarter. ETF Managers Group LLC now owns 10,561 shares of the software maker’s stock worth $102,000 after buying an additional 1,440 shares during the last quarter. Magnus Financial Group LLC purchased a new position in Allscripts Healthcare Solutions during the 4th quarter worth approximately $111,000. Finally, QS Investors LLC grew its stake in Allscripts Healthcare Solutions by 5,105.5% during the 4th quarter. QS Investors LLC now owns 12,337 shares of the software maker’s stock worth $119,000 after buying an additional 12,100 shares during the last quarter.

MDRX opened at $10.39 on Monday. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.59. The company has a market capitalization of $1.73 billion, a PE ratio of 18.89, a price-to-earnings-growth ratio of 2.10 and a beta of 1.29. Allscripts Healthcare Solutions Inc has a 12 month low of $8.54 and a 12 month high of $14.97.

Allscripts Healthcare Solutions (NASDAQ:MDRX) last posted its quarterly earnings results on Thursday, May 2nd. The software maker reported $0.16 EPS for the quarter, beating the consensus estimate of $0.14 by $0.02. The business had revenue of $432.00 million during the quarter, compared to analysts’ expectations of $436.47 million. Allscripts Healthcare Solutions had a return on equity of 6.92% and a net margin of 20.60%. The company’s quarterly revenue was down .4% compared to the same quarter last year. During the same period last year, the firm earned $0.16 EPS. As a group, research analysts forecast that Allscripts Healthcare Solutions Inc will post 0.48 EPS for the current fiscal year.

A number of research firms recently issued reports on MDRX. Zacks Investment Research downgraded Allscripts Healthcare Solutions from a “hold” rating to a “sell” rating in a research note on Wednesday, April 3rd. BidaskClub cut Allscripts Healthcare Solutions from a “hold” rating to a “sell” rating in a research report on Wednesday, April 3rd. Finally, Cantor Fitzgerald reaffirmed a “hold” rating and set a $10.00 price objective on shares of Allscripts Healthcare Solutions in a research report on Thursday, May 2nd. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and four have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $13.29.

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About Allscripts Healthcare Solutions

Allscripts Healthcare Solutions, Inc provides information technology solutions and services to healthcare organizations in the United States, Canada, and internationally. It offers electronic health records (EHR), connectivity, private cloud hosting, outsourcing, analytics, patient engagement, clinical decision support, and population health management solutions.

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Institutional Ownership by Quarter for Allscripts Healthcare Solutions (NASDAQ:MDRX)

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