Oslo Asset Management Asa Lowered Petroleo Brasileiro S.A. (PBR) Position; HMS Holdings Has 1.01 Sentiment

March 23, 2018 - By Darrin Black

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 $1.39 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 35.55 P/E ratio. The companyÂ’s services also enable clients to recover improper payments; prevent future improper payments; reduce fraud, waste, and abuse; and ensure regulatory compliance.

Oslo Asset Management Asa decreased Petroleo Brasileiro S.A. (PBR) stake by 28% reported in 2017Q3 SEC filing. Oslo Asset Management Asa sold 364,100 shares as Petroleo Brasileiro S.A. (PBR)’s stock declined 16.81%. The Oslo Asset Management Asa holds 936,400 shares with $9.40M value, down from 1.30M last quarter. Petroleo Brasileiro S.A. now has $89.84B valuation. The stock decreased 0.21% or $0.03 during the last trading session, reaching $14.16. About 802,564 shares traded. Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) has risen 39.56% since March 23, 2017 and is uptrending. It has outperformed by 22.86% the S&P500.

Among 14 analysts covering Petroleo Brasileiro Petrobras SA (NYSE:PBR), 2 have Buy rating, 4 Sell and 8 Hold. Therefore 14% are positive. Petroleo Brasileiro Petrobras SA had 38 analyst reports since August 7, 2015 according to SRatingsIntel. As per Monday, October 12, the company rating was downgraded by Barclays Capital. On Friday, August 7 the stock rating was maintained by Deutsche Bank with “Hold”. The firm has “Overweight” rating given on Thursday, October 6 by Morgan Stanley. Morgan Stanley upgraded the shares of PBR in report on Tuesday, March 22 to “Equal-Weight” rating. On Tuesday, May 24 the stock rating was upgraded by JP Morgan to “Neutral”. The firm earned “Neutral” rating on Thursday, September 15 by Macquarie Research. The firm has “Underperform” rating by Credit Suisse given on Tuesday, January 12. The firm has “Underperform” rating given on Tuesday, December 15 by Credit Agricole. The firm has “Neutral” rating given on Friday, September 11 by Bank of America. As per Wednesday, October 18, the company rating was downgraded by Societe Generale.

Since January 1, 0001, it had 0 insider buys, and 1 insider sale for $597,880 activity.

Ratings analysis reveals 0 of HMS Holdings’s analysts are positive. Out of 2 Wall Street analysts rating HMS Holdings, 0 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. HMSY was included in 2 notes of analysts from August 18, 2016. The company was downgraded on Monday, February 27 by First Analysis. The stock has “Hold” rating by Jefferies on Thursday, August 18.

Analysts await HMS Holdings Corp. (NASDAQ:HMSY) to report earnings on May, 9. They expect $0.05 EPS, down 37.50% or $0.03 from last year’s $0.08 per share. HMSY’s profit will be $4.14 million for 83.55 P/E if the $0.05 EPS becomes a reality. After $0.15 actual EPS reported by HMS Holdings Corp. for the previous quarter, Wall Street now forecasts -66.67% negative EPS growth.

Pembroke Management Ltd holds 3.47% of its portfolio in HMS Holdings Corp. for 1.79 million shares. American Capital Management Inc owns 2.55 million shares or 3.15% of their US portfolio. Moreover, Kestrel Investment Management Corp has 3.15% invested in the company for 448,900 shares. The Quebec – Canada-based Van Berkom & Associates Inc. has invested 2.59% in the stock. Tygh Capital Management Inc., a Oregon-based fund reported 376,894 shares.

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