HMS Holdings Corp. (NASDAQ:HMSY) shares reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $20.00 and last traded at $19.30, with a volume of 266,544 shares changing hands. The stock had previously closed at $19.31.

A number of research analysts recently issued reports on HMSY shares. Jefferies Group restated a “buy” rating and set a $19.00 price objective on shares of HMS Holdings Corp. in a research report on Tuesday, May 24th. Zacks Investment Research upgraded HMS Holdings Corp. from a “hold” rating to a “buy” rating and set a $19.00 price objective for the company in a research report on Wednesday, May 11th. Wells Fargo & Co. restated a “buy” rating on shares of HMS Holdings Corp. in a research report on Tuesday, May 31st. Oppenheimer Holdings Inc. upgraded HMS Holdings Corp. from a “sector perform” rating to an “outperform” rating and set a $21.00 price objective for the company in a research report on Friday, April 29th. Finally, Avondale Partners started coverage on HMS Holdings Corp. in a research report on Tuesday, April 12th. They set an “outperform” rating and a $18.00 price objective for the company. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $19.20.

The firm has a market capitalization of $1.59 billion and a P/E ratio of 64.95. The stock has a 50-day moving average price of $17.86 and a 200 day moving average price of $14.58.

HMS Holdings Corp. (NASDAQ:HMSY) last announced its earnings results on Friday, May 6th. The company reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.02. The business had revenue of $119.80 million for the quarter, compared to the consensus estimate of $115 million. HMS Holdings Corp.’s revenue for the quarter was up 8.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.11 EPS. Equities research analysts expect that HMS Holdings Corp. will post $0.64 earnings per share for the current fiscal year.

In other HMS Holdings Corp. news, EVP Semone Neuman sold 5,124 shares of the company’s stock in a transaction that occurred on Wednesday, June 1st. The stock was sold at an average price of $17.60, for a total value of $90,182.40. Following the completion of the transaction, the executive vice president now owns 106,200 shares of the company’s stock, valued at approximately $1,869,120. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO William C. Lucia sold 152,025 shares of the company’s stock in a transaction that occurred on Tuesday, June 21st. The shares were sold at an average price of $17.75, for a total value of $2,698,443.75. Following the completion of the transaction, the chief executive officer now directly owns 205,918 shares of the company’s stock, valued at approximately $3,655,044.50. The disclosure for this sale can be found here.

A number of institutional investors have recently bought and sold shares of HMSY. Principal Financial Group Inc. boosted its position in HMS Holdings Corp. by 1.0% in the fourth quarter. Principal Financial Group Inc. now owns 586,133 shares of the company’s stock valued at $7,233,000 after buying an additional 6,063 shares during the period. Century Capital Management LLC purchased a new position in HMS Holdings Corp. during the fourth quarter valued at approximately $3,992,000. California State Teachers Retirement System boosted its position in HMS Holdings Corp. by 1.8% in the fourth quarter. California State Teachers Retirement System now owns 164,090 shares of the company’s stock valued at $2,025,000 after buying an additional 2,881 shares during the period. American Capital Management Inc. boosted its position in HMS Holdings Corp. by 18.2% in the fourth quarter. American Capital Management Inc. now owns 1,648,000 shares of the company’s stock valued at $20,336,000 after buying an additional 253,325 shares during the period. Finally, Rhumbline Advisers boosted its position in HMS Holdings Corp. by 10.1% in the fourth quarter. Rhumbline Advisers now owns 107,671 shares of the company’s stock valued at $1,329,000 after buying an additional 9,905 shares during the period.

HMS Holdings Corp. is a holding company. The Company, through its subsidiaries, operates in the United States healthcare insurance benefit cost containment marketplace. The Company provides coordination of benefits services to government, and private healthcare payers and sponsors. The Company’s customers are government health agencies, including Centers for Medicare & Medicaid Services (CMS), the Veterans Health Administration (VHA) and state Medicaid agencies; commercial health plans, including Medicaid managed care, Medicare Advantage and group and individual health lines of business; government and private employers; child support agencies, and other healthcare payers and sponsors.

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