Orion Group Holdings (ORN) Reaches $5.48 After 8.00% Up Move; Holland Capital Management Has Trimmed Cerner (CERN) Position

August 28, 2017 - By Winifred Garcia

The stock of Orion Group Holdings Inc (NYSE:ORN) is a huge mover today! About 135,856 shares traded or 40.23% up from the average. Orion Group Holdings Inc (NYSE:ORN) has risen 49.48% since August 28, 2016 and is uptrending. It has outperformed by 32.78% the S&P500.The move comes after 6 months positive chart setup for the $154.56M company. It was reported on Aug, 28 by Barchart.com. We have $5.92 PT which if reached, will make NYSE:ORN worth $12.36 million more.

Holland Capital Management Llc decreased Cerner (CERN) stake by 3.4% reported in 2016Q4 SEC filing. Holland Capital Management Llc sold 23,145 shares as Cerner (CERN)’s stock rose 14.16%. The Holland Capital Management Llc holds 656,793 shares with $31.11 million value, down from 679,938 last quarter. Cerner now has $21.51B valuation. The stock declined 0.56% or $0.36 reaching $64.89 per share. About 548,194 shares traded. Cerner Corporation (NASDAQ:CERN) has risen 19.54% since August 28, 2016 and is uptrending. It has outperformed by 2.84% the S&P500.

Orion Group Holdings, Inc., formerly Orion Marine Group, Inc., is engaged in heavy civil construction project management business. The company has market cap of $154.56 million. The Firm specializes in marine construction. It currently has negative earnings. It provides a range of heavy civil marine construction services to federal agencies, state and municipal governments, and private commercial and industrial customers.

Since May 12, 2017, it had 0 insider purchases, and 4 sales for $342,723 activity. $47,250 worth of Orion Group Holdings Inc (NYSE:ORN) was sold by DeAlmeida Christopher James on Wednesday, May 17. Breaux Larry Dwayne also sold $69,083 worth of Orion Group Holdings Inc (NYSE:ORN) shares.

Investors sentiment decreased to 1.13 in Q4 2016. Its down 0.50, from 1.63 in 2016Q3. It dropped, as 7 investors sold Orion Group Holdings Inc shares while 29 reduced holdings. 31 funds opened positions while 39 raised stakes. 20.72 million shares or 3.13% less from 21.38 million shares in 2016Q3 were reported. Invesco Ltd has 0% invested in Orion Group Holdings Inc (NYSE:ORN). Louisiana State Employees Retirement reported 11,100 shares stake. 185,349 are owned by Arrowstreet Capital Partnership. 1492 Cap Mgmt holds 0.45% of its portfolio in Orion Group Holdings Inc (NYSE:ORN) for 57,972 shares. Cadence Cap Mngmt invested in 0.07% or 95,761 shares. The Iowa-based Principal Group Incorporated has invested 0% in Orion Group Holdings Inc (NYSE:ORN). Blackrock Institutional Na holds 0% of its portfolio in Orion Group Holdings Inc (NYSE:ORN) for 858,396 shares. Ny State Teachers Retirement Systems, New York-based fund reported 22,637 shares. California Pub Employees Retirement Sys accumulated 0% or 82,500 shares. Tiaa Cref Investment Management Limited Liability Com invested in 113,406 shares. Arizona State Retirement System has 14,235 shares for 0% of their portfolio. Brandes Inv Partners Limited Partnership holds 0.04% or 254,745 shares. The Delaware-based Blackrock Advsr Limited Liability Corporation has invested 0% in Orion Group Holdings Inc (NYSE:ORN). Morgan Stanley stated it has 231,135 shares or 0% of all its holdings. State Board Of Administration Of Florida Retirement Sys holds 0% or 27,546 shares.

Among 6 analysts covering Orion Marine Group (NYSE:ORN), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. Orion Marine Group has $11.0 highest and $5 lowest target. $8.21’s average target is 49.82% above currents $5.48 stock price. Orion Marine Group had 15 analyst reports since August 11, 2015 according to SRatingsIntel. Imperial Capital maintained Orion Group Holdings Inc (NYSE:ORN) on Thursday, October 22 with “Outperform” rating. Canaccord Genuity maintained Orion Group Holdings Inc (NYSE:ORN) on Friday, August 4 with “Hold” rating. Imperial Capital downgraded Orion Group Holdings Inc (NYSE:ORN) on Thursday, May 12 to “In-Line” rating. On Friday, August 18 the stock rating was maintained by FBR Capital with “Buy”. The stock of Orion Group Holdings Inc (NYSE:ORN) earned “Outperform” rating by FBR Capital on Thursday, October 6. The stock has “Neutral” rating by DA Davidson on Thursday, October 13. The firm has “Hold” rating by BB&T Capital given on Friday, October 2. The company was initiated on Monday, August 17 by Stephens. On Wednesday, August 26 the stock rating was downgraded by Zacks to “Buy”. The stock of Orion Group Holdings Inc (NYSE:ORN) earned “Mkt Perform” rating by FBR Capital on Wednesday, October 21.

Holland Capital Management Llc increased Apple (NASDAQ:AAPL) stake by 72,528 shares to 916,803 valued at $106.18 million in 2016Q4. It also upped Check Point Software (NASDAQ:CHKP) stake by 70,162 shares and now owns 352,928 shares. Microsoft (NASDAQ:MSFT) was raised too.

Among 22 analysts covering Cerner Corporation (NASDAQ:CERN), 10 have Buy rating, 1 Sell and 11 Hold. Therefore 45% are positive. Cerner Corporation had 60 analyst reports since August 5, 2015 according to SRatingsIntel. Morgan Stanley upgraded the shares of CERN in report on Thursday, August 10 to “Equal-Weight” rating. The firm earned “Hold” rating on Monday, June 5 by Oppenheimer. The firm has “Underperform” rating by Bank of America given on Monday, November 7. As per Thursday, July 27, the company rating was maintained by Canaccord Genuity. Deutsche Bank maintained it with “Buy” rating and $71 target in Wednesday, November 4 report. The stock has “Buy” rating by Suntrust Robinson on Thursday, June 23. The firm has “Buy” rating by Canaccord Genuity given on Wednesday, September 16. As per Tuesday, September 15, the company rating was maintained by Stifel Nicolaus. The firm earned “Buy” rating on Friday, July 21 by Canaccord Genuity. The rating was maintained by Oppenheimer on Wednesday, November 4 with “Outperform”.