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 Video: What is a Stock Split?
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| HMS Holdings is a holding company. Through its subsidiaries, Co. is a provider of cost containment application in the healthcare marketplace. Co.'s application include: Coordination of Benefits, which provides verified insurance coverage information; Payment Integrity, which employ data analytics, technologies and clinical knowledge to identify and avoid improper payments, recover those overpayments when they occur, detect and prevent fraud, and ensure compliance with regulations; and Population Health Management, which integrates early risk identification, analytics, various channel outreach and care management components. According to our HMSY split history records, HMSY has had 3 splits. | |
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HMSY (HMSY) has 3 splits in our HMSY split history database. The first split for HMSY took place on April 03, 1995. This was a 3 for 2
split, meaning for each 2
shares of HMSY owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split. HMSY's second split took place on January 02, 1996. This was a 3 for 2
split, meaning for each 2
shares of HMSY owned pre-split, the shareholder now owned 3 shares. For example, a 1500 share position pre-split, became a 2250 share position following the split. HMSY's third split took place on August 17, 2011. This was a 3 for 1 split, meaning for each share of HMSY owned pre-split, the shareholder now owned 3 shares. For example, a 2250 share position pre-split, became a 6750 share position following the split.
When a company such as HMSY splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the HMSY split history from start to finish, an original position size of 1000 shares would have turned into 6750 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into HMSY shares, starting with a $10,000 purchase of HMSY, presented on a split-history-adjusted basis factoring in the complete HMSY split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
04/28/2014 |
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| End date: |
04/01/2021 |
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| Start price/share: |
$16.14 |
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| End price/share: |
$36.98 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
129.12% |
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| Average Annual Total Return: |
12.71% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$22,918.07 |
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| Years: |
6.93 |
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| Date |
Ratio |
| 04/03/1995 | 3 for 2
| | 01/02/1996 | 3 for 2
| | 08/17/2011 | 3 for 1 |
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