Quantinno Capital Management LP Has $4.88 Million Stock Position in Maximus, Inc. $MMS

Quantinno Capital Management LP increased its position in shares of Maximus, Inc. (NYSE:MMS) by 413.1% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 76,181 shares of the health services provider’s stock after buying an additional 61,335 shares during the period. Quantinno Capital Management LP’s holdings in Maximus were worth $4,883,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Farther Finance Advisors LLC lifted its position 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 acquiring an additional 116 shares during the last quarter. Advisory Services Network LLC bought a new position in shares of Maximus in the third quarter worth about $32,000. Canada Pension Plan Investment Board bought a new position in shares of Maximus in the second quarter worth about $35,000. Northwestern Mutual Wealth Management Co. lifted 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 worth $38,000 after purchasing an additional 304 shares during the last quarter. Finally, Richardson Financial Services Inc. lifted its position 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 purchasing an additional 103 shares during the last quarter. 97.21% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. Zacks Research lowered Maximus from a “strong-buy” rating to a “hold” rating in a report on Monday, April 27th. Wall Street Zen upgraded Maximus from a “hold” rating to a “buy” rating in a report on Saturday, June 6th. Finally, Weiss Ratings cut Maximus from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, May 20th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has an average rating of “Hold”.

Maximus Stock Performance

NYSE MMS opened at $58.34 on Friday. The company’s fifty day moving average is $58.68 and its two-hundred day moving average is $67.52. Maximus, Inc. has a 52-week low of $52.73 and a 52-week 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 firm has a market capitalization of $3.06 billion, a price-to-earnings ratio of 8.73 and a beta of 0.59.

Maximus (NYSE:MMS) last announced its quarterly earnings data on Thursday, August 6th. The health services provider reported $2.22 EPS for the quarter, beating analysts’ consensus estimates of $2.21 by $0.01. Maximus had a net margin of 7.02% and a return on equity of 25.10%. The business had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.33 billion. During the same quarter in the prior year, the business earned $2.16 earnings per share. The firm’s revenue for the quarter was down 5.1% on a year-over-year basis. Maximus has set its FY 2026 guidance at 7.900-8.200 EPS. Equities research analysts forecast that Maximus, Inc. will post 8.43 EPS for the current year.

Maximus Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, August 31st. Shareholders of record on Friday, August 14th will be issued a $0.33 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $1.32 annualized dividend and a yield of 2.3%. Maximus’s dividend payout ratio is 19.76%.

About Maximus

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.