Maximus, Inc. (NYSE:MMS) Shares Purchased by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC grew its position in shares of Maximus, Inc. (NYSE:MMS) by 148.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 16,068 shares of the health services provider’s stock after acquiring an additional 9,590 shares during the quarter. Los Angeles Capital Management LLC’s holdings in Maximus were worth $1,377,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Vanguard Group Inc. boosted its stake in Maximus by 2.4% during the 1st quarter. Vanguard Group Inc. now owns 6,208,839 shares of the health services provider’s stock valued at $520,922,000 after purchasing an additional 145,983 shares during the period. Janus Henderson Group PLC grew its holdings in Maximus by 2.1% in the 1st quarter. Janus Henderson Group PLC now owns 1,254,536 shares of the health services provider’s stock worth $105,255,000 after buying an additional 25,825 shares in the last quarter. Dimensional Fund Advisors LP increased its position in Maximus by 8.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,062,173 shares of the health services provider’s stock valued at $89,075,000 after acquiring an additional 79,729 shares during the period. Charles Schwab Investment Management Inc. raised its stake in Maximus by 1.2% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 716,501 shares of the health services provider’s stock valued at $60,086,000 after acquiring an additional 8,702 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its position in Maximus by 0.5% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 705,302 shares of the health services provider’s stock worth $59,175,000 after acquiring an additional 3,680 shares during the period. Institutional investors own 97.21% of the company’s stock.

Maximus Trading Down 0.5 %

NYSE:MMS opened at $85.91 on Thursday. Maximus, Inc. has a 1 year low of $72.39 and a 1 year high of $93.97. The business has a fifty day moving average of $89.38 and a 200-day moving average of $85.92. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.59 and a current ratio of 1.59. The stock has a market cap of $5.22 billion, a price-to-earnings ratio of 22.55 and a beta of 0.76.

Maximus (NYSE:MMS) last announced its earnings results on Wednesday, August 7th. The health services provider reported $1.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.47 by $0.27. Maximus had a net margin of 5.59% and a return on equity of 20.91%. The firm had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.29 billion. During the same quarter in the prior year, the firm posted $0.78 EPS. Maximus’s revenue was up 10.6% compared to the same quarter last year. Equities analysts predict that Maximus, Inc. will post 6.12 earnings per share for the current year.

Maximus Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Saturday, August 31st. Shareholders of record on Thursday, August 15th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Thursday, August 15th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.40%. Maximus’s dividend payout ratio (DPR) is 31.50%.

Maximus Company Profile

Maximus, Inc operates as a provider of government services in the United States and internationally. It operates through three segments: U.S. Federal Services, U.S. Services, and Outside the U.S. The U.S. Services segment offers program eligibility support and enrollment; centralized multilingual customer contact centers, multichannel, and digital self-service options for enrollment; application assistance and independent health plan choice counseling; beneficiary outreach, education, eligibility, enrollment, and redeterminations; and person-centered independent disability, long-term sick, and other health assessments.