Strs Ohio Sells 4,000 Shares of HMS Holdings Corp (NASDAQ:HMSY)

Share on StockTwits

Strs Ohio lowered its holdings in HMS Holdings Corp (NASDAQ:HMSY) by 10.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 35,200 shares of the business services provider’s stock after selling 4,000 shares during the quarter. Strs Ohio’s holdings in HMS were worth $1,140,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. BlackRock Inc. boosted its position in HMS by 1.1% in the first quarter. BlackRock Inc. now owns 12,586,566 shares of the business services provider’s stock valued at $372,687,000 after buying an additional 136,998 shares in the last quarter. American Capital Management Inc. boosted its position in HMS by 0.4% in the first quarter. American Capital Management Inc. now owns 2,215,892 shares of the business services provider’s stock valued at $65,613,000 after buying an additional 9,327 shares in the last quarter. FMR LLC boosted its position in HMS by 54.5% in the fourth quarter. FMR LLC now owns 1,316,085 shares of the business services provider’s stock valued at $37,022,000 after buying an additional 464,210 shares in the last quarter. Geode Capital Management LLC boosted its position in HMS by 5.6% in the fourth quarter. Geode Capital Management LLC now owns 1,152,765 shares of the business services provider’s stock valued at $32,427,000 after buying an additional 61,025 shares in the last quarter. Finally, Pembroke Management LTD boosted its position in HMS by 1.9% in the second quarter. Pembroke Management LTD now owns 914,976 shares of the business services provider’s stock valued at $29,636,000 after buying an additional 16,711 shares in the last quarter. 95.74% of the stock is currently owned by institutional investors and hedge funds.

In other HMS news, Chairman William C. Lucia sold 12,214 shares of the company’s stock in a transaction that occurred on Friday, June 7th. The shares were sold at an average price of $30.11, for a total value of $367,763.54. Following the completion of the sale, the chairman now owns 143,982 shares of the company’s stock, valued at $4,335,298.02. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Chairman William C. Lucia sold 22,978 shares of the company’s stock in a transaction that occurred on Friday, May 17th. The shares were sold at an average price of $31.79, for a total transaction of $730,470.62. Following the completion of the sale, the chairman now directly owns 143,332 shares of the company’s stock, valued at approximately $4,556,524.28. The disclosure for this sale can be found here. Insiders sold 584,854 shares of company stock valued at $21,084,098 in the last ninety days. Insiders own 2.87% of the company’s stock.

HMSY opened at $39.93 on Wednesday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 6.72 and a current ratio of 6.72. The company has a market capitalization of $3.48 billion, a P/E ratio of 47.54, a price-to-earnings-growth ratio of 3.18 and a beta of 1.39. The business’s 50 day simple moving average is $34.75. HMS Holdings Corp has a fifty-two week low of $26.22 and a fifty-two week high of $39.96.

HMS (NASDAQ:HMSY) last issued its earnings results on Friday, August 2nd. The business services provider reported $0.41 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.23 by $0.18. HMS had a net margin of 16.08% and a return on equity of 15.22%. The firm had revenue of $168.20 million during the quarter, compared to the consensus estimate of $158.25 million. During the same quarter in the prior year, the firm earned $0.25 earnings per share. The business’s quarterly revenue was up 14.6% on a year-over-year basis. As a group, equities analysts anticipate that HMS Holdings Corp will post 1.08 earnings per share for the current fiscal year.

HMSY has been the topic of a number of recent analyst reports. Zacks Investment Research lowered shares of HMS from a “buy” rating to a “hold” rating in a research report on Friday, May 10th. Svb Leerink reiterated an “outperform” rating and set a $50.00 target price on shares of HMS in a research report on Monday, August 5th. Cantor Fitzgerald set a $42.00 target price on shares of HMS and gave the stock a “buy” rating in a research report on Friday, August 2nd. Leerink Swann started coverage on shares of HMS in a research report on Monday, August 5th. They set an “outperform” rating and a $50.00 target price on the stock. Finally, Credit Suisse Group boosted their price target on shares of HMS from $40.00 to $45.00 and gave the stock an “outperform” rating in a research note on Monday, August 5th. Two equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $42.10.

About HMS

HMS Holdings Corp., through its subsidiaries, provides cost containment solutions in the United States healthcare marketplace. The company offers coordination of benefits services to government and commercial healthcare payers to ensure that the correct party pays the claim; and population management solutions that provide risk-bearing organizations with intelligence across their member populations to identify risks, and enhance patient engagement and outcomes, as well as payment integrity, care management and consumer engagement, and analytical solutions.

See Also: What is a capital gains distribution?

Want to see what other hedge funds are holding HMSY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for HMS Holdings Corp (NASDAQ:HMSY).

Institutional Ownership by Quarter for HMS (NASDAQ:HMSY)

Receive News & Ratings for HMS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HMS and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

EJF Capital LLC Lowers Stake in Sandy Spring Bancorp Inc.
EJF Capital LLC Lowers Stake in Sandy Spring Bancorp Inc.
EJF Capital LLC Buys New Position in Radian Group Inc
EJF Capital LLC Buys New Position in Radian Group Inc
EJF Capital LLC Has $7.26 Million Position in Rhinebeck Bancorp Inc
EJF Capital LLC Has $7.26 Million Position in Rhinebeck Bancorp Inc
EJF Capital LLC Buys Shares of 402,288 Mainstreet Bank Common Stock
EJF Capital LLC Buys Shares of 402,288 Mainstreet Bank Common Stock
EJF Capital LLC Grows Stock Position in First Savings Financial Group Inc
EJF Capital LLC Grows Stock Position in First Savings Financial Group Inc
SB Financial Group Inc  Shares Bought by EJF Capital LLC
SB Financial Group Inc Shares Bought by EJF Capital LLC


© 2006-2019 Ticker Report