HMS Holdings Corp (NASDAQ:HMSY) SVP Greg D. Aunan sold 4,861 shares of the business’s stock in a transaction dated Tuesday, December 4th. The shares were sold at an average price of $35.66, for a total transaction of $173,343.26. Following the completion of the transaction, the senior vice president now owns 38,528 shares in the company, valued at $1,373,908.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
NASDAQ HMSY opened at $33.86 on Friday. HMS Holdings Corp has a 12-month low of $14.88 and a 12-month high of $38.15. The company has a debt-to-equity ratio of 0.37, a quick ratio of 4.04 and a current ratio of 4.04. The company has a market capitalization of $2.89 billion, a PE ratio of 44.79, a price-to-earnings-growth ratio of 3.70 and a beta of 1.35.
HMS (NASDAQ:HMSY) last posted its earnings results on Friday, November 2nd. The business services provider reported $0.31 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.21 by $0.10. The business had revenue of $154.20 million for the quarter, compared to analyst estimates of $140.93 million. HMS had a net margin of 8.01% and a return on equity of 10.63%. HMS’s revenue was up 22.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.19 EPS. Research analysts predict that HMS Holdings Corp will post 0.85 earnings per share for the current fiscal year.
A number of research analysts have weighed in on the stock. Credit Suisse Group boosted their target price on shares of HMS from $27.00 to $33.00 and gave the company an “outperform” rating in a research note on Wednesday, August 22nd. BidaskClub cut shares of HMS from a “strong-buy” rating to a “buy” rating in a research note on Thursday, September 20th. First Analysis upgraded shares of HMS from a “neutral” rating to an “outperform” rating and boosted their target price for the company from $31.00 to $38.00 in a research note on Sunday, November 4th. Chardan Capital initiated coverage on shares of HMS in a research note on Thursday, September 13th. They issued a “neutral” rating and a $35.00 target price on the stock. Finally, ValuEngine raised shares of HMS from a “buy” rating to a “strong-buy” rating in a research report on Monday, August 13th. Three equities research analysts have rated the stock with a hold rating, six have given a buy rating and three have given a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $33.90.
A number of institutional investors have recently bought and sold shares of HMSY. FMR LLC bought a new stake in HMS during the 3rd quarter worth approximately $27,949,000. BlackRock Inc. increased its holdings in HMS by 7.0% during the 2nd quarter. BlackRock Inc. now owns 11,583,749 shares of the business services provider’s stock worth $250,443,000 after acquiring an additional 759,265 shares during the period. Standard Life Aberdeen plc increased its holdings in HMS by 45.5% during the 3rd quarter. Standard Life Aberdeen plc now owns 1,542,251 shares of the business services provider’s stock worth $50,578,000 after acquiring an additional 482,126 shares during the period. WINTON GROUP Ltd bought a new stake in HMS during the 3rd quarter worth approximately $12,776,000. Finally, Prudential Financial Inc. increased its holdings in HMS by 152.1% during the 3rd quarter. Prudential Financial Inc. now owns 558,613 shares of the business services provider’s stock worth $18,328,000 after acquiring an additional 337,041 shares during the period. 93.93% of the stock is currently owned by institutional investors and hedge funds.
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HMS Holdings Corp., through its subsidiaries, provides cost containment solutions in the United States healthcare marketplace. It provides coordination of benefits services to government and commercial healthcare payers and sponsors to coordinate benefits for claims; and payment integrity services that ensure healthcare claims billed are accurate and appropriate, as well as offers care management and consumer engagement solutions.
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