Hsbc Holdings PLC Has $1.21 Million Stock Position in Maximus, Inc. $MMS

Hsbc Holdings PLC increased its stake in shares of Maximus, Inc. (NYSE:MMS) by 497.8% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 13,886 shares of the health services provider’s stock after acquiring an additional 11,563 shares during the period. Hsbc Holdings PLC’s holdings in Maximus were worth $1,205,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of MMS. Farther Finance Advisors LLC raised its position in Maximus by 69.0% during the fourth quarter. Farther Finance Advisors LLC now owns 284 shares of the health services provider’s stock worth $25,000 after acquiring an additional 116 shares in the last quarter. Advisory Services Network LLC acquired a new stake in Maximus in the 3rd quarter valued at about $32,000. Canada Pension Plan Investment Board acquired a new stake in Maximus in the 2nd quarter valued at about $35,000. Northwestern Mutual Wealth Management Co. grew its holdings in Maximus by 225.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 439 shares of the health services provider’s stock worth $38,000 after purchasing an additional 304 shares during the period. Finally, Richardson Financial Services Inc. increased its position in Maximus by 29.6% during the fourth quarter. Richardson Financial Services Inc. now owns 451 shares of the health services provider’s stock worth $39,000 after buying an additional 103 shares during the last quarter. 97.21% of the stock is owned by institutional investors and hedge funds.

Maximus Stock Performance

Shares of Maximus stock opened at $53.94 on Thursday. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.87. The company has a market cap of $2.83 billion, a PE ratio of 8.07 and a beta of 0.60. The company has a 50 day moving average of $60.85 and a 200-day moving average of $73.22. Maximus, Inc. has a 1-year low of $52.73 and a 1-year high of $100.00.

Maximus (NYSE:MMS) last announced its quarterly earnings data on Thursday, May 7th. The health services provider reported $2.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.98 by $0.09. Maximus had a net margin of 7.02% and a return on equity of 25.10%. The business had revenue of $1.31 billion for the quarter, compared to analysts’ expectations of $1.32 billion. During the same period last year, the firm posted $2.01 earnings per share. The firm’s quarterly revenue was down 4.1% compared to the same quarter last year. Maximus has set its FY 2026 guidance at 8.250-8.550 EPS. As a group, equities research analysts forecast that Maximus, Inc. will post 8.43 earnings per share for the current fiscal year.

Maximus Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Friday, May 15th were given a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date was Friday, May 15th. Maximus’s dividend payout ratio is currently 19.76%.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. Zacks Research lowered Maximus from a “strong-buy” rating to a “hold” rating in a report on Monday, April 27th. Weiss Ratings cut shares of Maximus from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, May 20th. Finally, Wall Street Zen upgraded shares of Maximus from a “hold” rating to a “buy” rating in a report on Saturday, June 6th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, Maximus currently has a consensus rating of “Hold”.

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.