Inspire Investing LLC Sells 11,637 Shares of Maximus, Inc. $MMS

Inspire Investing LLC cut its stake in shares of Maximus, Inc. (NYSE:MMS) by 59.3% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,997 shares of the health services provider’s stock after selling 11,637 shares during the quarter. Inspire Investing LLC’s holdings in Maximus were worth $513,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Farther Finance Advisors LLC boosted its stake in shares of Maximus by 69.0% during the fourth quarter. Farther Finance Advisors LLC now owns 284 shares of the health services provider’s stock valued at $25,000 after purchasing an additional 116 shares during the period. Advisory Services Network LLC purchased a new position in shares of Maximus in the third quarter worth $32,000. Canada Pension Plan Investment Board bought a new stake in Maximus during the 2nd quarter valued at $35,000. Northwestern Mutual Wealth Management Co. raised its holdings in Maximus by 225.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 439 shares of the health services provider’s stock valued at $38,000 after buying an additional 304 shares during the last quarter. Finally, Richardson Financial Services Inc. boosted its position in Maximus by 29.6% during the 4th quarter. Richardson Financial Services Inc. now owns 451 shares of the health services provider’s stock valued at $39,000 after buying an additional 103 shares during the period. 97.21% of the stock is currently owned by institutional investors.

Maximus Price Performance

MMS stock opened at $55.80 on Friday. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.21 and a quick ratio of 2.21. Maximus, Inc. has a 1 year low of $52.73 and a 1 year high of $100.00. The firm has a 50-day moving average of $60.38 and a 200 day moving average of $72.90. The company has a market cap of $2.93 billion, a P/E ratio of 8.35 and a beta of 0.60.

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

Maximus Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Friday, May 15th were paid a $0.33 dividend. This represents a $1.32 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend was Friday, May 15th. Maximus’s dividend payout ratio is presently 19.76%.

Analyst Upgrades and Downgrades

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

About Maximus

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.