Quantbot Technologies LP Makes New $791,000 Investment in Maximus, Inc. $MMS

Quantbot Technologies LP bought a new stake in Maximus, Inc. (NYSE:MMS) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 14,710 shares of the health services provider’s stock, valued at approximately $791,000.

Other institutional investors have also recently made changes to their positions in the company. Farther Finance Advisors LLC increased its holdings in Maximus by 69.0% in the 4th quarter. Farther Finance Advisors LLC now owns 284 shares of the health services provider’s stock worth $25,000 after acquiring an additional 116 shares during the last quarter. Advisory Services Network LLC bought a new position in Maximus during the third quarter worth about $32,000. Northwestern Mutual Wealth Management Co. boosted its position in Maximus by 225.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 439 shares of the health services provider’s stock worth $38,000 after purchasing an additional 304 shares during the period. Canada Pension Plan Investment Board purchased a new position in shares of Maximus in the second quarter worth about $35,000. Finally, Danske Bank A S purchased a new position in shares of Maximus in the third quarter worth about $55,000. Hedge funds and other institutional investors own 97.21% of the company’s stock.

Wall Street Analyst Weigh In

MMS has been the topic of a number of recent research reports. Wall Street Zen cut shares of Maximus from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Maximus in a research note on Monday, August 17th. Finally, Zacks Research cut shares of Maximus from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 11th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Maximus currently has an average rating of “Reduce”.

Maximus Stock Performance

Maximus stock opened at $58.88 on Thursday. Maximus, Inc. has a 1-year low of $52.73 and a 1-year high of $100.00. The company has a current ratio of 2.42, a quick ratio of 2.42 and a debt-to-equity ratio of 0.90. The firm has a market capitalization of $3.08 billion, a PE ratio of 8.70 and a beta of 0.59. The firm’s 50 day simple moving average is $57.50 and its 200 day simple moving average is $63.77.

Maximus (NYSE:MMS) last released its quarterly earnings results on Thursday, August 6th. The health services provider reported $2.22 earnings per share for the quarter, topping the consensus estimate of $2.21 by $0.01. Maximus had a net margin of 7.07% and a return on equity of 24.91%. The firm had revenue of $1.28 billion for the quarter, compared to analysts’ expectations of $1.33 billion. During the same quarter in the prior year, the firm posted $2.16 earnings per share. The business’s quarterly revenue was down 5.1% on a year-over-year basis. Maximus has set its FY 2026 guidance at 7.900-8.200 EPS. As a group, analysts expect that Maximus, Inc. will post 8.01 earnings per share for the current fiscal year.

Maximus Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 31st. Investors of record on Friday, August 14th will be given a $0.33 dividend. This represents a $1.32 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Friday, August 14th. Maximus’s dividend payout ratio is 19.50%.

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.