Quality Systems, Inc. (QSII) Shares Bought by LS Investment Advisors LLC

LS Investment Advisors LLC grew its stake in Quality Systems, Inc. (NASDAQ:QSII) by 404.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,777 shares of the company’s stock after buying an additional 7,037 shares during the quarter. LS Investment Advisors LLC’s holdings in Quality Systems were worth $119,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in shares of Quality Systems by 3.8% in the second quarter. Vanguard Group Inc. now owns 4,691,366 shares of the company’s stock valued at $80,739,000 after buying an additional 170,698 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of Quality Systems by 3.4% in the third quarter. Dimensional Fund Advisors LP now owns 2,123,601 shares of the company’s stock valued at $33,404,000 after buying an additional 70,447 shares during the period. State Street Corp boosted its holdings in shares of Quality Systems by 5.4% in the second quarter. State Street Corp now owns 1,187,459 shares of the company’s stock valued at $20,436,000 after buying an additional 60,768 shares during the period. Schwab Charles Investment Management Inc. boosted its holdings in shares of Quality Systems by 1.7% in the third quarter. Schwab Charles Investment Management Inc. now owns 994,246 shares of the company’s stock valued at $15,640,000 after buying an additional 16,452 shares during the period. Finally, Northern Trust Corp boosted its holdings in shares of Quality Systems by 1.7% in the second quarter. Northern Trust Corp now owns 657,054 shares of the company’s stock valued at $11,308,000 after buying an additional 11,289 shares during the period. Institutional investors own 67.43% of the company’s stock.

Several research analysts have recently weighed in on the stock. Zacks Investment Research cut shares of Quality Systems from a “hold” rating to a “sell” rating in a report on Tuesday, December 26th. BidaskClub cut shares of Quality Systems from a “hold” rating to a “sell” rating in a report on Tuesday, December 5th. Citigroup initiated coverage on shares of Quality Systems in a report on Thursday, January 4th. They set a “sell” rating and a $13.00 target price for the company. Royal Bank of Canada set a $12.00 target price on shares of Quality Systems and gave the stock a “sell” rating in a report on Friday, October 27th. Finally, Piper Jaffray Companies restated a “buy” rating and set a $17.00 target price on shares of Quality Systems in a report on Friday, January 26th. Five investment analysts have rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $14.44.

Quality Systems, Inc. (QSII) opened at $12.57 on Friday. Quality Systems, Inc. has a 1-year low of $12.24 and a 1-year high of $17.74. The company has a market cap of $793.88, a price-to-earnings ratio of 44.36, a P/E/G ratio of 2.85 and a beta of 0.73. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.12.

Quality Systems (NASDAQ:QSII) last announced its earnings results on Thursday, January 25th. The company reported $0.15 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.15. Quality Systems had a net margin of 3.39% and a return on equity of 12.08%. The business had revenue of $131.70 million during the quarter, compared to analysts’ expectations of $130.63 million. During the same quarter in the prior year, the company posted $0.23 earnings per share. The firm’s revenue was up 3.0% on a year-over-year basis. analysts forecast that Quality Systems, Inc. will post 0.56 EPS for the current fiscal year.

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Quality Systems Company Profile

Quality Systems, Inc (QSI) primarily, through its NextGen Healthcare subsidiary, provides technology-based solutions and services to the ambulatory care market in the United States. The Company is engaged in developing and marketing software and services that automate certain aspects of practice management (PM) and electronic health records (EHR) for medical and dental practices.

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Institutional Ownership by Quarter for Quality Systems (NASDAQ:QSII)

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