LS Investment Advisors LLC maintained its stake in shares of HMS Holdings Corp (NASDAQ:HMSY) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,512 shares of the business services provider’s stock at the end of the second quarter. LS Investment Advisors LLC’s holdings in HMS Holdings Corp were worth $102,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in HMSY. Guggenheim Capital LLC boosted its stake in shares of HMS Holdings Corp by 192.1% in the fourth quarter. Guggenheim Capital LLC now owns 66,208 shares of the business services provider’s stock worth $1,203,000 after buying an additional 43,542 shares during the period. UBS Asset Management Americas Inc. raised its position in shares of HMS Holdings Corp by 1,371.7% in the fourth quarter. UBS Asset Management Americas Inc. now owns 715,550 shares of the business services provider’s stock worth $12,995,000 after buying an additional 666,929 shares in the last quarter. Teachers Advisors LLC raised its position in shares of HMS Holdings Corp by 5.5% in the fourth quarter. Teachers Advisors LLC now owns 707,346 shares of the business services provider’s stock worth $12,845,000 after buying an additional 37,070 shares in the last quarter. Legato Capital Management LLC raised its position in shares of HMS Holdings Corp by 1,933.0% in the first quarter. Legato Capital Management LLC now owns 33,646 shares of the business services provider’s stock worth $1,655,000 after buying an additional 31,991 shares in the last quarter. Finally, State of Alaska Department of Revenue raised its position in shares of HMS Holdings Corp by 1.0% in the first quarter. State of Alaska Department of Revenue now owns 9,230 shares of the business services provider’s stock worth $187,000 after buying an additional 90 shares in the last quarter. Hedge funds and other institutional investors own 94.76% of the company’s stock.

Shares of HMS Holdings Corp (HMSY) traded up 0.74% on Friday, hitting $17.80. The company’s stock had a trading volume of 546,084 shares. The stock’s 50 day moving average is $18.91 and its 200-day moving average is $18.92. The company has a market cap of $1.50 billion, a price-to-earnings ratio of 50.71 and a beta of 1.08. HMS Holdings Corp has a 52 week low of $15.94 and a 52 week high of $24.00.

HMS Holdings Corp (NASDAQ:HMSY) last posted its quarterly earnings results on Friday, August 4th. The business services provider reported $0.16 EPS for the quarter, missing the consensus estimate of $0.18 by $0.02. HMS Holdings Corp had a net margin of 6.37% and a return on equity of 9.26%. The company had revenue of $133.31 million for the quarter, compared to analysts’ expectations of $135.96 million. During the same quarter in the prior year, the firm earned $0.18 earnings per share. The company’s revenue was up 9.7% on a year-over-year basis. On average, equities research analysts anticipate that HMS Holdings Corp will post $0.81 earnings per share for the current year.

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A number of research analysts have weighed in on the company. Zacks Investment Research lowered HMS Holdings Corp from a “hold” rating to a “sell” rating in a research note on Wednesday, May 3rd. Jefferies Group LLC reissued a “hold” rating and set a $21.50 price target on shares of HMS Holdings Corp in a research note on Friday, June 16th. TheStreet lowered HMS Holdings Corp from a “b” rating to a “c+” rating in a research note on Friday, May 12th. Cantor Fitzgerald assumed coverage on HMS Holdings Corp in a research note on Wednesday, June 14th. They set an “overweight” rating and a $23.00 price target on the stock. Finally, BidaskClub lowered HMS Holdings Corp from a “hold” rating to a “sell” rating in a research note on Thursday. One investment analyst has rated the stock with a sell rating, three have given a hold rating, four have given a buy rating and two have given a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $23.06.

In related news, Director Bart M. Schwartz purchased 1,500 shares of the stock in a transaction dated Monday, June 12th. The shares were acquired at an average cost of $19.28 per share, for a total transaction of $28,920.00. Following the acquisition, the director now directly owns 46,868 shares in the company, valued at approximately $903,615.04. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Douglas M. Williams sold 13,140 shares of the business’s stock in a transaction on Wednesday, August 9th. The shares were sold at an average price of $17.78, for a total transaction of $233,629.20. Following the transaction, the insider now owns 121,264 shares in the company, valued at $2,156,073.92. The disclosure for this sale can be found here. Insiders own 3.20% of the company’s stock.

HMS Holdings Corp Company Profile

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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Institutional Ownership by Quarter for HMS Holdings Corp (NASDAQ:HMSY)

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