Jupiter Topco LLC Buys Shares of 23,701 Maximus, Inc. $MMS

Jupiter Topco LLC purchased a new stake in shares of Maximus, Inc. (NYSE:MMS – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 23,701 shares of the health services provider’s stock, valued at approximately $1,274,000.

Several other hedge funds have also recently bought and sold shares of MMS. Farther Finance Advisors LLC increased its stake in shares of Maximus by 69.0% in the fourth quarter. Farther Finance Advisors LLC now owns 284 shares of the health services provider’s stock valued at $25,000 after purchasing an additional 116 shares during the period. Advisory Services Network LLC acquired a new position in Maximus during the third quarter worth about $32,000. Canada Pension Plan Investment Board acquired a new stake in Maximus in the 2nd quarter valued at about $35,000. Northwestern Mutual Wealth Management Co. boosted its position 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 valued at $38,000 after purchasing an additional 304 shares in the last quarter. Finally, Global Retirement Partners LLC acquired a new position in shares of Maximus in the 2nd quarter worth approximately $40,000. 97.21% of the stock is currently owned by institutional investors.

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Maximus Trading Down 1.5%

NYSE MMS opened at $57.56 on Friday. The firm’s 50 day moving average price is $57.91 and its two-hundred day moving average price is $63.01. The company has a debt-to-equity ratio of 0.90, a quick ratio of 2.42 and a current ratio of 2.42. Maximus, Inc. has a twelve month low of $52.73 and a twelve month high of $100.00. The stock has a market cap of $3.01 billion, a price-to-earnings ratio of 8.50 and a beta of 0.59.

Maximus (NYSE:MMS – Get Free Report) last issued its earnings results on Thursday, August 6th. The health services provider reported $2.22 EPS for the quarter, topping the consensus estimate of $2.21 by $0.01. The business had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.33 billion. Maximus had a return on equity of 24.91% and a net margin of 7.07%.Maximus’s revenue was down 5.1% compared to the same quarter last year. During the same quarter last year, the firm posted $2.16 earnings per share. Maximus has set its FY 2026 guidance at 7.900-8.200 EPS. Equities analysts anticipate that Maximus, Inc. will post 8.03 EPS for the current year.

Maximus Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, August 31st. Stockholders of record on Friday, August 14th were issued a $0.33 dividend. The ex-dividend date was Friday, August 14th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 2.3%. Maximus’s dividend payout ratio is currently 19.50%.

Analyst Upgrades and Downgrades

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

Check Out Our Latest Report on Maximus

About Maximus

(Free Report)

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.

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