Robeco Schweiz AG Has $9.18 Million Stake in Maximus, Inc. (NYSE:MMS)

Robeco Schweiz AG trimmed its holdings in Maximus, Inc. (NYSE:MMS) by 17.0% in the fourth quarter, Holdings Channel reports. The fund owned 109,411 shares of the health services provider’s stock after selling 22,453 shares during the period. Robeco Schweiz AG’s holdings in Maximus were worth $9,175,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in MMS. Public Employees Retirement Association of Colorado boosted its position in shares of Maximus by 1,984.0% during the fourth quarter. Public Employees Retirement Association of Colorado now owns 335,094 shares of the health services provider’s stock worth $28,101,000 after buying an additional 319,015 shares during the period. RK Capital Management LLC acquired a new position in shares of Maximus during the fourth quarter worth about $4,377,000. Weiss Asset Management LP acquired a new position in shares of Maximus during the fourth quarter worth about $668,000. Jensen Investment Management Inc. boosted its position in shares of Maximus by 11.8% during the fourth quarter. Jensen Investment Management Inc. now owns 30,330 shares of the health services provider’s stock worth $2,543,000 after buying an additional 3,200 shares during the period. Finally, TD Asset Management Inc boosted its position in shares of Maximus by 8.1% during the fourth quarter. TD Asset Management Inc now owns 29,300 shares of the health services provider’s stock worth $2,457,000 after buying an additional 2,200 shares during the period. 97.21% of the stock is owned by institutional investors and hedge funds.

Maximus Stock Down 0.7 %

Shares of MMS stock traded down $0.56 on Tuesday, hitting $83.99. 6,310 shares of the stock were exchanged, compared to its average volume of 334,587. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 0.63. The firm has a market capitalization of $5.11 billion, a P/E ratio of 22.19 and a beta of 0.74. The business has a 50-day moving average of $83.28 and a 200 day moving average of $82.99. Maximus, Inc. has a fifty-two week low of $72.39 and a fifty-two week high of $90.65.

Maximus (NYSE:MMS) last posted its quarterly earnings data on Wednesday, May 8th. The health services provider reported $1.57 earnings per share for the quarter, topping the consensus estimate of $1.31 by $0.26. The company had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.29 billion. Maximus had a return on equity of 18.02% and a net margin of 4.58%. Maximus’s revenue for the quarter was up 11.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.80 earnings per share. Equities analysts anticipate that Maximus, Inc. will post 5.79 EPS for the current year.

Maximus Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, May 31st. Investors of record on Wednesday, May 15th were given a dividend of $0.30 per share. The ex-dividend date was Tuesday, May 14th. This represents a $1.20 annualized dividend and a yield of 1.43%. Maximus’s dividend payout ratio (DPR) is presently 31.50%.

About Maximus

Maximus, Inc operates as a provider of government services in the United States and internationally. It operates through three segments: U.S. Federal Services, U.S. Services, and Outside the U.S. The U.S. Services segment offers program eligibility support and enrollment; centralized multilingual customer contact centers, multichannel, and digital self-service options for enrollment; application assistance and independent health plan choice counseling; beneficiary outreach, education, eligibility, enrollment, and redeterminations; and person-centered independent disability, long-term sick, and other health assessments.