HMS Holdings Corp. (NASDAQ:HMSY) shares reached a new 52-week high during trading on Thursday . The stock traded as high as $20.09 and last traded at $19.66, with a volume of 490,543 shares traded. The stock had previously closed at $19.94.

Several research analysts have recently commented on HMSY shares. Jefferies Group reissued a “buy” rating and issued a $19.00 price target on shares of HMS Holdings Corp. in a research report on Tuesday, May 24th. Zacks Investment Research raised HMS Holdings Corp. from a “hold” rating to a “buy” rating and set a $19.00 price target for the company in a research report on Wednesday, May 11th. Wells Fargo & Co. reissued a “buy” rating on shares of HMS Holdings Corp. in a research report on Tuesday, May 31st. Oppenheimer Holdings Inc. raised HMS Holdings Corp. from a “sector perform” rating to an “outperform” rating and set a $21.00 price target 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 issued an “outperform” rating and a $18.00 price target for the company. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. HMS Holdings Corp. currently has an average rating of “Buy” and a consensus price target of $19.20.

The firm has a 50-day moving average of $18.48 and a 200 day moving average of $15.25. The firm has a market cap of $1.65 billion and a PE ratio of 67.49.

HMS Holdings Corp. (NASDAQ:HMSY) last released its quarterly earnings results on Friday, May 6th. The company reported $0.14 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.12 by $0.02. The company earned $119.80 million during the quarter, compared to analyst estimates of $115 million. During the same quarter last year, the company earned $0.11 EPS. The firm’s quarterly revenue was up 8.6% compared to the same quarter last year. Analysts predict that HMS Holdings Corp. will post $0.64 earnings per share for the current year.

In other news, 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 owns 205,918 shares in the company, valued at $3,655,044.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Semone Neuman sold 5,124 shares of the company’s stock in a transaction that occurred on Wednesday, June 1st. The shares were sold at an average price of $17.60, for a total transaction 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 disclosure for this sale can be found here.

Several hedge funds have made changes to their positions in HMSY. Rhumbline Advisers raised its stake in shares of HMS Holdings Corp. by 10.1% in the fourth quarter. Rhumbline Advisers now owns 107,671 shares of the company’s stock worth $1,329,000 after buying an additional 9,905 shares in the last quarter. California State Teachers Retirement System raised its stake in shares of 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 worth $2,025,000 after buying an additional 2,881 shares in the last quarter. Cornerstone Capital Management Holdings LLC. raised its stake in shares of HMS Holdings Corp. by 128.6% in the fourth quarter. Cornerstone Capital Management Holdings LLC. now owns 322,717 shares of the company’s stock worth $3,982,000 after buying an additional 181,517 shares in the last quarter. Century Capital Management LLC acquired a new stake in shares of HMS Holdings Corp. during the fourth quarter worth approximately $3,992,000. Finally, Bank of Montreal Can raised its stake in shares of HMS Holdings Corp. by 23.4% in the fourth quarter. Bank of Montreal Can now owns 413,638 shares of the company’s stock worth $5,105,000 after buying an additional 78,369 shares in the last quarter.

HMS Holdings Corp. is a holding company. The Company, through its subsidiaries, operates in the United States healthcare insurance benefit cost containment marketplace. It provides coordination of benefits services to government, and private healthcare payers and sponsors. Its payment integrity services ensure that healthcare claims billed are accurate and appropriate.

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