Maximus, Inc. (NYSE:MMS – Get Free Report)’s stock price gapped down before the market opened on Thursday . The stock had previously closed at $80.53, but opened at $75.53. Maximus shares last traded at $75.49, with a volume of 56,345 shares traded.
Maximus Stock Down 7.3 %
The business has a 50 day moving average of $88.64 and a 200-day moving average of $88.13. The stock has a market cap of $4.49 billion, a PE ratio of 15.83 and a beta of 0.77. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.61.
Maximus Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Saturday, November 30th. Investors of record on Friday, November 15th will be issued a dividend of $0.30 per share. The ex-dividend date is Friday, November 15th. This represents a $1.20 annualized dividend and a yield of 1.61%. Maximus’s dividend payout ratio is presently 25.16%.
Insider Buying and Selling
Hedge Funds Weigh In On Maximus
Several hedge funds have recently bought and sold shares of MMS. V Square Quantitative Management LLC purchased a new stake in shares of Maximus in the third quarter valued at $25,000. GAMMA Investing LLC grew its position in Maximus by 224.5% during the second quarter. GAMMA Investing LLC now owns 344 shares of the health services provider’s stock valued at $29,000 after acquiring an additional 238 shares during the period. Blue Trust Inc. grew its position in Maximus by 201.5% during the second quarter. Blue Trust Inc. now owns 392 shares of the health services provider’s stock valued at $33,000 after acquiring an additional 262 shares during the period. Archer Investment Corp grew its position in Maximus by 8,788.9% during the second quarter. Archer Investment Corp now owns 800 shares of the health services provider’s stock valued at $69,000 after acquiring an additional 791 shares during the period. Finally, Ariadne Wealth Management LP purchased a new stake in Maximus during the second quarter valued at about $90,000. Hedge funds and other institutional investors own 97.21% of the company’s stock.
Maximus Company Profile
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.
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