HMS Holdings Corp (NASDAQ:HMSY) saw unusually-high trading volume on Friday . Approximately 712,029 shares were traded during mid-day trading, an increase of 5% from the previous session’s volume of 677,457 shares.The stock last traded at $32.46 and had previously closed at $32.06.

HMSY has been the topic of a number of recent research reports. ValuEngine lowered HMS from a “strong-buy” rating to a “buy” rating in a research note on Monday, December 17th. BidaskClub lowered HMS from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, December 18th. Finally, Zacks Investment Research lowered HMS from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 4th. Five equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $33.50.

The company has a market capitalization of $2.74 billion, a price-to-earnings ratio of 38.64, a price-to-earnings-growth ratio of 3.02 and a beta of 1.64. The company has a debt-to-equity ratio of 0.34, a current ratio of 4.40 and a quick ratio of 4.40.

HMS (NASDAQ:HMSY) last issued its quarterly earnings results on Friday, February 22nd. The business services provider reported $0.28 earnings per share for the quarter, topping analysts’ consensus estimates of $0.25 by $0.03. HMS had a return on equity of 14.21% and a net margin of 9.19%. The company had revenue of $155.80 million for the quarter, compared to analyst estimates of $155.84 million. During the same quarter in the prior year, the company posted $0.24 EPS. The business’s revenue for the quarter was up 4.9% compared to the same quarter last year. On average, analysts anticipate that HMS Holdings Corp will post 0.97 earnings per share for the current year.

In other HMS news, CFO Jeffrey Scott Sherman sold 268,426 shares of the stock in a transaction on Thursday, February 28th. The stock was sold at an average price of $34.55, for a total transaction of $9,274,118.30. Following the transaction, the chief financial officer now owns 218,253 shares of the company’s stock, valued at approximately $7,540,641.15. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, COO Douglas M. Williams sold 39,393 shares of the stock in a transaction on Tuesday, February 26th. The stock was sold at an average price of $34.64, for a total value of $1,364,573.52. Following the transaction, the chief operating officer now directly owns 112,578 shares in the company, valued at approximately $3,899,701.92. The disclosure for this sale can be found here. In the last three months, insiders have sold 1,008,479 shares of company stock worth $34,709,365. Corporate insiders own 4.54% of the company’s stock.

Hedge funds have recently added to or reduced their stakes in the company. We Are One Seven LLC acquired a new stake in shares of HMS during the 4th quarter worth $84,000. BlueMountain Capital Management LLC acquired a new stake in shares of HMS during the 3rd quarter worth $146,000. LS Investment Advisors LLC increased its holdings in shares of HMS by 80.0% during the 4th quarter. LS Investment Advisors LLC now owns 5,016 shares of the business services provider’s stock worth $141,000 after buying an additional 2,230 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of HMS by 11.3% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,826 shares of the business services provider’s stock worth $164,000 after buying an additional 592 shares during the last quarter. Finally, Ibex Investors LLC acquired a new stake in shares of HMS during the 3rd quarter worth $210,000. Institutional investors and hedge funds own 95.19% of the company’s stock.

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HMS Company Profile (NASDAQ:HMSY)

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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