GSA Capital Partners LLP trimmed its holdings in shares of HMS Holdings Corp (NASDAQ:HMSY) by 36.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 36,875 shares of the business services provider’s stock after selling 21,574 shares during the period. GSA Capital Partners LLP’s holdings in HMS Holdings Corp were worth $682,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Van Berkom & Associates Inc. raised its stake in shares of HMS Holdings Corp by 9.1% during the 2nd quarter. Van Berkom & Associates Inc. now owns 3,517,939 shares of the business services provider’s stock worth $65,082,000 after purchasing an additional 292,560 shares during the period. OppenheimerFunds Inc. raised its stake in shares of HMS Holdings Corp by 29.2% during the 1st quarter. OppenheimerFunds Inc. now owns 21,480 shares of the business services provider’s stock worth $437,000 after purchasing an additional 4,850 shares during the period. AQR Capital Management LLC raised its stake in shares of HMS Holdings Corp by 0.7% during the 1st quarter. AQR Capital Management LLC now owns 287,619 shares of the business services provider’s stock worth $5,848,000 after purchasing an additional 1,922 shares during the period. Russell Investments Group Ltd. raised its stake in shares of HMS Holdings Corp by 28.1% during the 1st quarter. Russell Investments Group Ltd. now owns 28,398 shares of the business services provider’s stock worth $577,000 after purchasing an additional 6,229 shares during the period. Finally, Goldman Sachs Group Inc. raised its stake in shares of HMS Holdings Corp by 0.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,370,853 shares of the business services provider’s stock worth $27,869,000 after purchasing an additional 3,998 shares during the period. Institutional investors own 93.09% of the company’s stock.

A number of research firms have recently commented on HMSY. Cantor Fitzgerald reiterated a “buy” rating and set a $23.00 target price on shares of HMS Holdings Corp in a research note on Tuesday, September 26th. Jefferies Group LLC reiterated a “hold” rating and set a $21.50 target price on shares of HMS Holdings Corp in a research note on Friday, June 16th. Robert W. Baird reiterated a “buy” rating and set a $22.00 target price on shares of HMS Holdings Corp in a research note on Thursday, August 31st. BidaskClub cut HMS Holdings Corp from a “hold” rating to a “sell” rating in a research note on Thursday, August 10th. Finally, Zacks Investment Research upgraded HMS Holdings Corp from a “hold” rating to a “buy” rating and set a $22.00 target price on the stock in a research note on Tuesday, August 1st. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, five have given a buy rating and two have given a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $22.94.

Shares of HMS Holdings Corp (NASDAQ:HMSY) opened at 20.18 on Friday. The company has a market capitalization of $1.70 billion, a PE ratio of 57.49 and a beta of 1.14. The company has a 50-day moving average price of $18.69 and a 200-day moving average price of $18.97. HMS Holdings Corp has a 52 week low of $15.94 and a 52 week high of $22.05.

HMS Holdings Corp (NASDAQ:HMSY) last posted its earnings results on Friday, August 4th. The business services provider reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $133.31 million during the quarter, compared to the consensus estimate of $135.96 million. During the same period in the prior year, the company posted $0.18 EPS. The firm’s revenue was up 9.7% compared to the same quarter last year. Analysts predict that HMS Holdings Corp will post $0.81 earnings per share for the current year.

In other HMS Holdings Corp news, insider Douglas M. Williams sold 13,140 shares of the stock in a transaction dated Wednesday, August 9th. The stock was sold at an average price of $17.78, for a total value of $233,629.20. Following the transaction, the insider now owns 121,264 shares of the company’s stock, valued at $2,156,073.92. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Chairman William C. Lucia sold 29,894 shares of the stock in a transaction dated Wednesday, September 27th. The shares were sold at an average price of $20.00, for a total value of $597,880.00. Following the completion of the transaction, the chairman now directly owns 222,745 shares in the company, valued at approximately $4,454,900. The disclosure for this sale can be found here. In the last three months, insiders sold 86,675 shares of company stock worth $1,602,166. 3.20% of the stock is owned by corporate insiders.

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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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