Quantbot Technologies LP Makes New Investment in Maximus, Inc. $MMS

Quantbot Technologies LP acquired a new stake in shares of Maximus, Inc. (NYSE:MMS) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 14,710 shares of the health services provider’s stock, valued at approximately $791,000.

Several other large investors have also recently modified their holdings of the stock. BlackRock Inc. bought a new stake in shares of Maximus in the 2nd quarter valued at about $400,186,000. Reinhart Partners LLC. grew its stake in shares of Maximus by 131.8% in the second quarter. Reinhart Partners LLC. now owns 1,982,415 shares of the health services provider’s stock worth $106,575,000 after purchasing an additional 1,127,346 shares during the last quarter. Norges Bank purchased a new position in shares of Maximus during the fourth quarter valued at approximately $60,393,000. River Road Asset Management LLC increased its position in Maximus by 236.1% during 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 purchasing an additional 578,326 shares during the period. Finally, Bank of New York Mellon Corp purchased a new position in shares of Maximus during the second quarter valued at about $26,239,000. Hedge funds and other institutional investors own 97.21% of the company’s stock.

Maximus Stock Performance

Shares of MMS opened at $58.88 on Thursday. The company has a market cap of $3.08 billion, a price-to-earnings ratio of 8.70 and a beta of 0.59. The business’s fifty day simple moving average is $57.50 and its two-hundred day simple moving average is $63.77. Maximus, Inc. has a 12 month low of $52.73 and a 12 month high of $100.00. The company has a current ratio of 2.42, a quick ratio of 2.42 and a debt-to-equity ratio of 0.90.

Maximus (NYSE:MMS) last posted its quarterly earnings results on Thursday, August 6th. The health services provider reported $2.22 earnings per share for the quarter, topping the consensus estimate of $2.21 by $0.01. Maximus had a return on equity of 24.91% and a net margin of 7.07%.The firm had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.33 billion. During the same quarter in the previous year, the business earned $2.16 earnings per share. The company’s revenue was down 5.1% on a year-over-year basis. Maximus has set its FY 2026 guidance at 7.900-8.200 EPS. Research analysts anticipate that Maximus, Inc. will post 8.01 earnings per share for the current fiscal year.

Maximus Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, August 31st. Shareholders of record on Friday, August 14th will be paid a dividend of $0.33 per share. The ex-dividend date is Friday, August 14th. This represents a $1.32 annualized dividend and a yield of 2.2%. Maximus’s dividend payout ratio is currently 19.50%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on MMS shares. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Maximus in a research note on Monday, August 17th. Zacks Research cut shares of Maximus from a “hold” rating to a “strong sell” rating in a research note on Tuesday, August 11th. Finally, Wall Street Zen downgraded shares of Maximus from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Maximus has an average rating of “Reduce”.

Maximus 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.