Maximus Inc. (NYSE:MMS) has earned an average rating of “Hold” from the nine brokerages that are presently covering the firm. One analyst has rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating on the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $62.50.

A number of equities analysts have recently commented on the stock. Zacks Investment Research downgraded shares of Maximus from a “hold” rating to a “sell” rating in a report on Wednesday, August 3rd. Raymond James Financial Inc. downgraded shares of Maximus from an “outperform” rating to a “market perform” rating in a report on Wednesday. Finally, Maxim Group downgraded shares of Maximus from an “outperform” rating to a “market perform” rating in a report on Wednesday.

In other Maximus news, General Counsel David Francis sold 2,000 shares of the business’s stock in a transaction dated Friday, October 14th. The shares were sold at an average price of $55.00, for a total value of $110,000.00. Following the completion of the transaction, the general counsel now directly owns 29,616 shares of the company’s stock, valued at $1,628,880. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, President Bruce Caswell sold 30,000 shares of the business’s stock in a transaction dated Thursday, August 18th. The stock was sold at an average price of $58.98, for a total transaction of $1,769,400.00. Following the completion of the transaction, the president now directly owns 39,386 shares of the company’s stock, valued at $2,322,986.28. The disclosure for this sale can be found here. 3.60% of the stock is currently owned by company insiders.

Several institutional investors have recently made changes to their positions in the company. FMR LLC boosted its stake in shares of Maximus by 17.4% in the second quarter. FMR LLC now owns 5,269,547 shares of the company’s stock valued at $291,775,000 after buying an additional 780,765 shares in the last quarter. FIL Ltd boosted its stake in shares of Maximus by 171.8% in the second quarter. FIL Ltd now owns 716,824 shares of the company’s stock valued at $39,690,000 after buying an additional 453,116 shares in the last quarter. Emerald Acquisition Ltd. acquired a new stake in shares of Maximus during the second quarter valued at approximately $21,558,000. Peregrine Capital Management LLC acquired a new stake in shares of Maximus during the third quarter valued at approximately $21,212,000. Finally, Ameriprise Financial Inc. boosted its stake in shares of Maximus by 106.3% in the second quarter. Ameriprise Financial Inc. now owns 617,276 shares of the company’s stock valued at $34,174,000 after buying an additional 318,033 shares in the last quarter. 99.00% of the stock is owned by institutional investors.

Maximus (NYSE:MMS) opened at 52.02 on Thursday. The firm has a market cap of $3.38 billion, a price-to-earnings ratio of 21.26 and a beta of 1.15. The firm has a 50-day moving average of $53.95 and a 200-day moving average of $56.12. Maximus has a one year low of $43.69 and a one year high of $61.68.

Maximus (NYSE:MMS) last released its quarterly earnings data on Thursday, November 10th. The company reported $0.77 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $0.05. The company earned $623.10 million during the quarter, compared to the consensus estimate of $610.65 million. Maximus had a net margin of 7.42% and a return on equity of 24.93%. The firm’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same period last year, the firm earned $0.53 EPS. Analysts anticipate that Maximus will post $3.06 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 30th. Shareholders of record on Tuesday, November 15th will be paid a $0.045 dividend. This represents a $0.18 dividend on an annualized basis and a dividend yield of 0.35%. The ex-dividend date is Thursday, November 10th. Maximus’s dividend payout ratio is presently 6.67%.

About Maximus

MAXIMUS, Inc provides business process services (BPS) to Government health and human services agencies. The Company is primarily focused on operating Government-sponsored programs, such as Medicaid, children’s health insurance program (CHIP), health insurance exchanges and other health care reform initiatives, Medicare, welfare-to-work, child support services and other Government programs.

5 Day Chart for NYSE:MMS

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