HMS Holdings (HMSY) Is Now Covered By Leerink Partners. What can We Expect?

June 14, 2018 - By Paula Hilliard

HMS Holdings Corp. (NASDAQ:HMSY) Logo

Investors sentiment increased to 1.31 in Q1 2018. Its up 0.30, from 1.01 in 2017Q4. It increased, as 16 investors sold HMS Holdings Corp. shares while 54 reduced holdings. 32 funds opened positions while 60 raised stakes. 79.76 million shares or 0.01% more from 79.76 million shares in 2017Q4 were reported.

Envestnet Asset Mngmt stated it has 0% of its portfolio in HMS Holdings Corp. (NASDAQ:HMSY). Scout Invs reported 165,250 shares. Comml Bank Of New York Mellon Corporation owns 3.11 million shares. Kbc Grp Nv owns 19,354 shares. Wellington Management Gru Llp invested in 0.03% or 9.04 million shares. 63,250 are held by Manufacturers Life Ins Co The. The Ontario – Canada-based Royal State Bank Of Canada has invested 0% in HMS Holdings Corp. (NASDAQ:HMSY). 49,911 are held by Redmond Asset Mngmt Ltd. Nordea Inv Mngmt holds 0.01% of its portfolio in HMS Holdings Corp. (NASDAQ:HMSY) for 177,874 shares. Deutsche Retail Bank Ag has 678,725 shares. Arizona State Retirement accumulated 130,823 shares. Moreover, Oppenheimer Asset has 0% invested in HMS Holdings Corp. (NASDAQ:HMSY) for 10,205 shares. Bessemer Grp Incorporated holds 0% or 35 shares. Wells Fargo And Co Mn has 344,954 shares. Principal Finance Gru Inc owns 689,482 shares.

Why Has Leerink Partners Given HMS Holdings (HMSY) a $25.0 Price Target

Leerink Partners analyst began coverage on HMS Holdings (HMSY) with a $25.0 PT and Outperform rating. The PT gives a potential upside of 11.51 % from company’s last stock price.

The stock increased 2.50% or $0.56 during the last trading session, reaching $22.98. About 401,918 shares traded. HMS Holdings Corp. (HMSY) has risen 17.86% since June 14, 2017 and is uptrending. It has outperformed by 5.29% the S&P500.

Analysts await HMS Holdings Corp. (NASDAQ:HMSY) to report earnings on August, 3. They expect $0.17 earnings per share, up 30.77 % or $0.04 from last year’s $0.13 per share. HMSY’s profit will be $14.14M for 33.79 P/E if the $0.17 EPS becomes a reality. After $0.14 actual earnings per share reported by HMS Holdings Corp. for the previous quarter, Wall Street now forecasts 21.43 % EPS growth.

HMS Holdings Corp., through its subsidiaries, operates in the healthcare insurance benefit cost containment market in the United States. The company has market cap of $1.91 billion. It provides coordination of benefits services to government and commercial healthcare payers and sponsors to coordinate benefits for claims; and payment integrity services that ensure healthcare claims billed are accurate and appropriate, as well as care management and member analytics technologies. It has a 48.89 P/E ratio. The company's services also enable clients to recover improper payments; prevent future improper payments; reduce fraud, waste, and abuse; and ensure regulatory compliance.

More recent HMS Holdings Corp. (NASDAQ:HMSY) news were published by: 247Wallst.com which released: “Top Analyst Upgrades and Downgrades: Capital One, Hewlett Packard Enterprises, Kohl’s, Roku, Spotify, Steel …” on June 14, 2018. Also Nasdaq.com published the news titled: “HMS to Present at the William Blair 38th Annual Growth Stock Conference” on May 30, 2018. Nasdaq.com‘s news article titled: “Research Report Identifies Advantage Oil & Gas, tronc, Baozun, HMS, FORTERRA INC, and Colfax with Renewed …” with publication date: May 31, 2018 was also an interesting one.

HMS Holdings Corp. (NASDAQ:HMSY) Institutional Positions Chart

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