Massmutual Trust Co. FSB ADV acquired a new stake in shares of Maximus, Inc. (NYSE:MMS) during the fourth quarter, Holdings Channel reports. The fund acquired 4,961 shares of the company’s stock, valued at approximately $277,000.

A number of other hedge funds have also made changes to their positions in the stock. First Bank & Trust acquired a new stake in shares of Maximus during the fourth quarter valued at about $135,000. Elkfork Partners LLC acquired a new stake in shares of Maximus during the fourth quarter valued at about $162,000. Sei Investments Co. boosted its stake in shares of Maximus by 12.7% in the third quarter. Sei Investments Co. now owns 4,046 shares of the company’s stock valued at $229,000 after buying an additional 457 shares in the last quarter. LS Investment Advisors LLC boosted its stake in shares of Maximus by 5.7% in the third quarter. LS Investment Advisors LLC now owns 4,150 shares of the company’s stock valued at $235,000 after buying an additional 222 shares in the last quarter. Finally, Navellier & Associates Inc boosted its stake in shares of Maximus by 10.6% in the third quarter. Navellier & Associates Inc now owns 4,160 shares of the company’s stock valued at $235,000 after buying an additional 397 shares in the last quarter. 98.74% of the stock is owned by institutional investors.

Institutional Ownership by Quarter for Maximus (NYSE:MMS)

Maximus, Inc. (NYSE:MMS) traded down 0.67% during mid-day trading on Thursday, hitting $58.94. 332,168 shares of the stock traded hands. The firm’s 50-day moving average is $56.48 and its 200-day moving average is $56.06. Maximus, Inc. has a 12-month low of $43.69 and a 12-month high of $61.68. The company has a market cap of $3.82 billion, a price-to-earnings ratio of 19.65 and a beta of 1.13.

Maximus (NYSE:MMS) last announced its quarterly earnings data on Thursday, February 9th. The company reported $0.71 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.63 by $0.08. Maximus had a net margin of 8.08% and a return on equity of 26.42%. The firm earned $607.60 million during the quarter, compared to analysts’ expectations of $599.98 million. During the same quarter last year, the business earned $0.40 earnings per share. The business’s revenue for the quarter was up 9.1% compared to the same quarter last year. Equities research analysts expect that Maximus, Inc. will post $3.00 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 28th. Investors of record on Wednesday, February 15th will be paid a $0.045 dividend. This represents a $0.18 annualized dividend and a dividend yield of 0.30%. The ex-dividend date is Monday, February 13th. Maximus’s dividend payout ratio (DPR) is 5.98%.

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Several analysts recently issued reports on the stock. Jefferies Group LLC reaffirmed a “buy” rating and set a $64.00 price objective (down previously from $65.00) on shares of Maximus in a research note on Thursday. Avondale Partners reissued a “market perform” rating and issued a $58.00 price target on shares of Maximus in a research note on Tuesday, January 17th. Zacks Investment Research raised shares of Maximus from a “sell” rating to a “hold” rating in a research note on Wednesday, November 30th. Sidoti cut shares of Maximus from a “buy” rating to a “neutral” rating and set a $55.00 price target for the company. in a research note on Tuesday, November 15th. Finally, Maxim Group cut shares of Maximus from an “outperform” rating to a “market perform” rating in a research note on Wednesday, November 9th. One analyst has rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the company. Maximus has an average rating of “Hold” and an average price target of $62.33.

In related news, General Counsel David Francis sold 1,901 shares of the firm’s stock in a transaction dated Thursday, December 15th. The shares were sold at an average price of $55.00, for a total value of $104,555.00. Following the completion of the sale, the general counsel now owns 25,716 shares in the company, valued at $1,414,380. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Richard A. Montoni sold 25,000 shares of the firm’s stock in a transaction dated Friday, November 25th. The shares were sold at an average price of $57.00, for a total transaction of $1,425,000.00. Following the completion of the sale, the chief executive officer now owns 641,114 shares of the company’s stock, valued at approximately $36,543,498. The disclosure for this sale can be found here. Insiders sold 29,356 shares of company stock valued at $1,664,261 in the last quarter. Company insiders own 3.10% of the company’s stock.

About Maximus

MAXIMUS, Inc provides business process services (BPS) to government health and human services agencies. The Company operates through three segments: U.S. Federal Services, Health Services and Human Services. The U.S. Federal Services segment provides BPS and program management for large government programs, independent health review and appeals services for both the United States Federal Government, and state-based programs and technology solutions for civilian federal programs.

5 Day Chart for NYSE:MMS

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