Maximus, Inc. (NYSE:MMS) Director Raymond B. Ruddy sold 10,350 shares of the company’s stock in a transaction that occurred on Thursday, November 30th. The shares were sold at an average price of $68.89, for a total value of $713,011.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Maximus, Inc. (NYSE MMS) traded up $0.97 during trading on Friday, reaching $69.08. 386,800 shares of the company’s stock traded hands, compared to its average volume of 358,100. The company has a market capitalization of $4,490.00, a P/E ratio of 21.78, a PEG ratio of 2.54 and a beta of 1.32. Maximus, Inc. has a 1-year low of $51.74 and a 1-year high of $69.20.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 30th. Stockholders of record on Wednesday, November 15th were paid a dividend of $0.045 per share. This represents a $0.18 annualized dividend and a dividend yield of 0.26%. The ex-dividend date was Tuesday, November 14th. Maximus’s dividend payout ratio (DPR) is 5.68%.
A number of research analysts have recently commented on the company. Zacks Investment Research cut Maximus from a “buy” rating to a “hold” rating in a research note on Wednesday, August 9th. Maxim Group set a $66.00 price target on Maximus and gave the company a “hold” rating in a research note on Thursday, August 3rd. Canaccord Genuity lowered their price target on shares of Maximus from $62.00 to $61.00 and set a “hold” rating on the stock in a report on Friday, November 10th. Finally, Robert W. Baird restated a “hold” rating and set a $64.00 price target on shares of Maximus in a research report on Friday, September 1st. Two research analysts have rated the stock with a sell rating and six have issued a hold rating to the company. Maximus has an average rating of “Hold” and an average target price of $64.33.
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MAXIMUS, Inc provides business process services (BPS) to government health and human services agencies. The Company operates through three segments: U.S. Federal Services, Health Services and Human Services. The U.S. Federal Services segment provides BPS and program management for large government programs, independent health review and appeals services for both the United States Federal Government, and state-based programs and technology solutions for civilian federal programs.
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