15,800 Shares in Maximus, Inc. $MMS Acquired by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System purchased a new stake in Maximus, Inc. (NYSE:MMS) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 15,800 shares of the health services provider’s stock, valued at approximately $1,013,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of MMS. Dimensional Fund Advisors LP grew its stake in Maximus by 5.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,965,916 shares of the health services provider’s stock worth $169,700,000 after buying an additional 96,343 shares during the period. Geode Capital Management LLC increased its position in shares of Maximus by 0.3% in the fourth quarter. Geode Capital Management LLC now owns 1,482,079 shares of the health services provider’s stock worth $127,952,000 after acquiring an additional 5,130 shares in the last quarter. Boston Partners raised its stake in shares of Maximus by 47.0% in the 3rd quarter. Boston Partners now owns 966,139 shares of the health services provider’s stock valued at $88,236,000 after acquiring an additional 308,892 shares during the period. River Road Asset Management LLC raised its stake in shares of Maximus by 236.1% in the 4th quarter. River Road Asset Management LLC now owns 823,262 shares of the health services provider’s stock valued at $71,064,000 after acquiring an additional 578,326 shares during the period. Finally, Norges Bank acquired a new position in shares of Maximus during the 4th quarter valued at $60,393,000. 97.21% of the stock is owned by institutional investors and hedge funds.

Maximus Stock Up 0.1%

Shares of NYSE:MMS opened at $55.80 on Friday. The company has a market capitalization of $2.93 billion, a price-to-earnings ratio of 8.35 and a beta of 0.60. The company has a 50 day moving average of $60.38 and a two-hundred day moving average of $72.90. Maximus, Inc. has a 52-week low of $52.73 and a 52-week high of $100.00. The company has a quick ratio of 2.21, a current ratio of 2.21 and a debt-to-equity ratio of 0.87.

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

Maximus Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Friday, May 15th were issued a $0.33 dividend. The ex-dividend date was Friday, May 15th. This represents a $1.32 dividend on an annualized basis and a yield of 2.4%. Maximus’s payout ratio is currently 19.76%.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Zacks Research cut shares of Maximus from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 27th. Wall Street Zen upgraded Maximus from a “hold” rating to a “buy” rating in a research note on Saturday, June 6th. Finally, Weiss Ratings cut Maximus from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, May 20th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the company currently has a consensus rating of “Hold”.

Maximus Company 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.