BNP Paribas Financial Markets Has $19.98 Million Holdings in Maximus, Inc. $MMS

BNP Paribas Financial Markets lifted its stake in Maximus, Inc. (NYSE:MMS) by 136.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 231,401 shares of the health services provider’s stock after buying an additional 133,332 shares during the period. BNP Paribas Financial Markets’ holdings in Maximus were worth $19,975,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of MMS. Farther Finance Advisors LLC lifted its holdings in Maximus by 69.0% during the 4th quarter. Farther Finance Advisors LLC now owns 284 shares of the health services provider’s stock worth $25,000 after buying an additional 116 shares in the last quarter. Advisory Services Network LLC bought a new position in Maximus during the 3rd quarter worth about $32,000. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Maximus by 225.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 439 shares of the health services provider’s stock worth $38,000 after buying an additional 304 shares during the last quarter. Richardson Financial Services Inc. boosted its stake in shares of Maximus by 29.6% during the 4th quarter. Richardson Financial Services Inc. now owns 451 shares of the health services provider’s stock worth $39,000 after buying an additional 103 shares during the last quarter. Finally, Canada Pension Plan Investment Board acquired a new stake in Maximus in the 2nd quarter valued at about $35,000. 97.21% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently commented on MMS shares. Wall Street Zen raised Maximus from a “hold” rating to a “buy” rating in a research report on Saturday. Zacks Research lowered shares of Maximus from a “strong-buy” rating to a “hold” rating in a report on Monday, April 27th. Finally, Weiss Ratings lowered shares of Maximus from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, May 20th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Maximus presently has a consensus rating of “Hold”.

Insider Transactions at Maximus

In related news, Director Jan Madsen sold 742 shares of Maximus stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $72.25, for a total transaction of $53,609.50. Following the completion of the transaction, the director directly owned 20,795 shares of the company’s stock, valued at $1,502,438.75. This trade represents a 3.45% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 1.80% of the stock is currently owned by company insiders.

Maximus Stock Performance

NYSE MMS opened at $60.49 on Friday. Maximus, Inc. has a 1 year low of $56.92 and a 1 year high of $100.00. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.21 and a quick ratio of 2.21. The stock has a market capitalization of $3.18 billion, a PE ratio of 9.06 and a beta of 0.58. The company’s 50 day simple moving average is $63.79 and its two-hundred day simple moving average is $76.61.

Maximus (NYSE:MMS) last posted its quarterly earnings data on Thursday, May 7th. The health services provider reported $2.07 earnings per share for the quarter, beating the consensus estimate of $1.98 by $0.09. Maximus had a net margin of 7.02% and a return on equity of 25.10%. The firm had revenue of $1.31 billion for the quarter, compared to analysts’ expectations of $1.32 billion. During the same quarter last year, the company posted $2.01 EPS. The business’s quarterly revenue was down 4.1% on a year-over-year basis. Maximus has set its FY 2026 guidance at 8.250-8.550 EPS. Analysts predict that Maximus, Inc. will post 8.43 earnings per share for the current fiscal year.

Maximus Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Friday, May 15th were paid a dividend of $0.33 per share. The ex-dividend date of this dividend was Friday, May 15th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 2.2%. Maximus’s payout ratio is presently 19.76%.

Maximus Profile

Maximus, Inc (NYSE: MMS) is a global provider of government services focused on delivering health and human services programs. The company partners with federal, state, and local agencies to administer and manage programs that support individuals and families across various stages of life. Key service areas include eligibility determination and enrollment services for Medicaid, Medicare, Children’s Health Insurance Program (CHIP) and other public assistance programs, as well as call center operations, case management and program integrity solutions.