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MAXIMUS (NYSE:MMS) Director Marilyn R. Seymann sold 2,806 shares of the company’s stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $40.05, for a total transaction of $112,380.30. Following the transaction, the director now directly owns 103,573 shares of the company’s stock, valued at approximately $4,148,099. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Separately, analysts at Raymond James downgraded shares of MAXIMUS from an “outperform” rating to a “market perform” rating in a research note on Monday, June 9th. They now have a $53.00 price target on the stock.

Shares of MAXIMUS (NYSE:MMS) traded up 1.05% during mid-day trading on Tuesday, hitting $41.36. 186,272 shares of the company’s stock traded hands. MAXIMUS has a 52-week low of $35.85 and a 52-week high of $50.55. The stock has a 50-day moving average of $41.49 and a 200-day moving average of $43.58. The company has a market cap of $2.771 billion and a P/E ratio of 19.65.

MAXIMUS (NYSE:MMS) last released its earnings data on Thursday, August 7th. The company reported $0.49 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.48 by $0.01. The company had revenue of $419.90 million for the quarter, compared to the consensus estimate of $418.70 million. During the same quarter in the prior year, the company posted $0.41 earnings per share. The company’s quarterly revenue was up 25.6% on a year-over-year basis. Analysts expect that MAXIMUS will post $2.09 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Friday, August 29th. Shareholders of record on Friday, August 15th will be given a dividend of $0.045 per share. This represents a $0.18 dividend on an annualized basis and a yield of 0.44%. The ex-dividend date is Wednesday, August 13th.

MAXIMUS, Inc provides business process services (NYSE:MMS) to government health and human services agencies under its mission of Helping Government Serve the People.

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