Creative Planning Has $154,000 Stake in HMS Holdings Corp (NASDAQ:HMSY)
Creative Planning maintained its position in 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 firm owned 8,302 shares of the business services provider’s stock at the end of the second quarter. Creative Planning’s holdings in HMS Holdings Corp were worth $154,000 at the end of the most recent reporting period.
A number of other institutional investors have also bought and sold shares of HMSY. NN Investment Partners Holdings N.V. raised its position in HMS Holdings Corp by 8.2% in the second quarter. NN Investment Partners Holdings N.V. now owns 66,790 shares of the business services provider’s stock worth $1,236,000 after buying an additional 5,060 shares in the last quarter. Fox Run Management L.L.C. acquired a new position in HMS Holdings Corp during the second quarter worth approximately $198,000. Goldman Sachs Group Inc. raised its position in HMS Holdings Corp by 0.3% in the first quarter. Goldman Sachs Group Inc. now owns 1,370,853 shares of the business services provider’s stock worth $27,869,000 after buying an additional 3,998 shares in the last quarter. Tudor Investment Corp ET AL raised its position in HMS Holdings Corp by 38.5% in the first quarter. Tudor Investment Corp ET AL now owns 47,184 shares of the business services provider’s stock worth $959,000 after buying an additional 13,122 shares in the last quarter. Finally, Paloma Partners Management Co raised its position in HMS Holdings Corp by 72.2% in the first quarter. Paloma Partners Management Co now owns 31,619 shares of the business services provider’s stock worth $643,000 after buying an additional 13,255 shares in the last quarter. 94.76% of the stock is currently owned by institutional investors.
Shares of HMS Holdings Corp (HMSY) traded up 0.34% during trading on Friday, hitting $17.73. The stock had a trading volume of 207,722 shares. HMS Holdings Corp has a one year low of $15.94 and a one year high of $24.00. The stock has a 50 day moving average price of $18.96 and a 200-day moving average price of $18.92. The stock has a market capitalization of $1.49 billion, a price-to-earnings ratio of 50.51 and a beta of 1.08.
HMS Holdings Corp (NASDAQ:HMSY) last released its quarterly earnings data on Friday, August 4th. The business services provider reported $0.16 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.18 by $0.02. HMS Holdings Corp had a net margin of 4.89% and a return on equity of 4.61%. The firm had revenue of $133.31 million for the quarter, compared to analyst estimates of $135.96 million. During the same period last year, the business earned $0.18 EPS. The company’s revenue was up 9.7% compared to the same quarter last year. On average, equities research analysts predict that HMS Holdings Corp will post $0.81 earnings per share for the current year.
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A number of equities analysts have commented on the company. BidaskClub lowered HMS Holdings Corp from a “hold” rating to a “sell” rating in a research note on Thursday. Raymond James Financial, Inc. raised HMS Holdings Corp from an “outperform” rating to a “strong-buy” rating and set a $23.00 price objective on the stock in a research note on Thursday. UBS AG raised HMS Holdings Corp from an “outperform” rating to a “strong-buy” rating in a research note on Thursday. Zacks Investment Research lowered HMS Holdings Corp from a “buy” rating to a “hold” rating in a research note on Wednesday. Finally, Jefferies Group LLC reissued a “hold” rating and issued a $21.50 price objective on shares of HMS Holdings Corp in a research note on Wednesday, July 19th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, four have issued a buy rating and two have issued a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $23.06.
In related news, EVP Semone Neuman sold 14,546 shares of the firm’s stock in a transaction on Friday, June 9th. The stock was sold at an average price of $19.00, for a total transaction of $276,374.00. Following the sale, the executive vice president now owns 122,685 shares of the company’s stock, valued at approximately $2,331,015. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Bart M. Schwartz acquired 1,500 shares of the business’s stock in a transaction that occurred on Monday, June 12th. The shares were purchased at an average cost of $19.28 per share, for a total transaction of $28,920.00. Following the acquisition, the director now owns 46,868 shares in the company, valued at $903,615.04. The disclosure for this purchase can be found here. Company insiders own 3.20% of the company’s stock.
About HMS Holdings Corp
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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