The stock of HMS Holdings Corp (NASDAQ:HMSY) is a huge mover today! About 367,556 shares traded hands. HMS Holdings Corp (NASDAQ:HMSY) has risen 20.90% since April 14, 2016 and is uptrending. It has outperformed by 16.22% the S&P500.
The move comes after 9 months positive chart setup for the $1.53B company. It was reported on Nov, 16 by Barchart.com. We have $24.08 PT which if reached, will make NASDAQ:HMSY worth $581.40M more.
HMS Holdings Corp (NASDAQ:HMSY) Ratings Coverage
Out of 5 analysts covering HMS Holdings (NASDAQ:HMSY), 2 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 40% are positive. HMS Holdings has been the topic of 7 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The firm has “Outperform” rating given on Friday, April 29 by Oppenheimer. Oppenheimer downgraded HMS Holdings Corp (NASDAQ:HMSY) on Tuesday, August 4 to “Perform” rating. As per Monday, September 21, the company rating was upgraded by Zacks. The firm has “Neutral” rating given on Tuesday, July 21 by Bank of America. The firm has “Outperform” rating by Credit Suisse given on Wednesday, June 1. The stock has “Hold” rating given by Jefferies on Thursday, August 18.
According to Zacks Investment Research, “HMS Holdings furnishes information-based revenue recovery and business office outsourcing services to healthcare providers and payors.”
Insitutional Activity: The institutional sentiment increased to 1.33 in 2016 Q2. Its up 0.02, from 1.31 in 2016Q1. The ratio increased, as 22 funds sold all HMS Holdings Corp shares owned while 60 reduced positions. 46 funds bought stakes while 63 increased positions. They now own 81.85 million shares or 0.91% more from 81.11 million shares in 2016Q1.
The Illinois-based Fairpointe Limited has invested 0.03% in HMS Holdings Corp (NASDAQ:HMSY). Eagle Asset Management last reported 0.38% of its portfolio in the stock. Numeric Investors Llc reported 92,800 shares or 0.01% of all its holdings. The New York-based American Interest Group Incorporated has invested 0% in HMS Holdings Corp (NASDAQ:HMSY). Ubs Asset Management Americas Inc accumulated 37,797 shares or 0% of the stock. Ls Invest Limited Com accumulated 3,450 shares or 0% of the stock. Old Mutual Global (Uk) Limited has 0.04% invested in the company for 132,970 shares. Morgan Stanley has invested 0% of its portfolio in HMS Holdings Corp (NASDAQ:HMSY). Landscape Mgmt Limited Liability Co holds 31,200 shares or 0.07% of its portfolio. Weiss Multi has 26,415 shares for 0.04% of their US portfolio. Moreover, Panagora Asset has 0.06% invested in HMS Holdings Corp (NASDAQ:HMSY) for 664,945 shares. Raymond James And Associates last reported 0% of its portfolio in the stock. Vanguard Grp last reported 0.01% of its portfolio in the stock. Clinton Gp holds 11,840 shares or 0.01% of its portfolio. The New Jersey-based Palisade Cap Limited Liability Nj has invested 1.09% in HMS Holdings Corp (NASDAQ:HMSY).
Insider Transactions: Since May 24, 2016, the stock had 1 buying transaction, and 8 selling transactions for $2.94 million net activity. Another trade for 5,124 shares valued at $90,182 was made by Neuman Semone on Wednesday, June 1. HOLSTER ROBERT M sold $351,600 worth of HMS Holdings Corp (NASDAQ:HMSY) on Wednesday, June 1. Another trade for 10,995 shares valued at $195,643 was made by Nustad Cynthia on Friday, June 3. Miller III William F sold 9,300 shares worth $200,891. RUDNICK ELLEN A sold $430,804 worth of HMS Holdings Corp (NASDAQ:HMSY) on Wednesday, September 14. Another trade for 45,280 shares valued at $1.00M was sold by LUCIA WILLIAM C. On Wednesday, June 8 the insider STOWE RICHARD H sold $362,256.
Another recent and important HMS Holdings Corp (NASDAQ:HMSY) news was published by Fool.com which published an article titled: “Why HMS Holdings Corp. Stock Jumped Today” on February 26, 2016.
HMSY Company Profile
HMS Holdings Corp., incorporated on October 4, 2002, is a holding company. The Company, through its subsidiaries, operates in the United States healthcare insurance benefit cost containment marketplace. The Firm provides coordination of benefits services to government, and private healthcare payers and sponsors. The Company’s payment integrity services ensure that healthcare claims billed are accurate and appropriate.
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