GSA Capital Partners LLP Makes New Investment in Maximus, Inc. $MMS

GSA Capital Partners LLP acquired a new position in shares of Maximus, Inc. (NYSE:MMS) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 12,889 shares of the health services provider’s stock, valued at approximately $693,000.

Several other institutional investors also recently bought and sold shares of the business. Farther Finance Advisors LLC increased its stake in Maximus by 69.0% in 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 last quarter. Advisory Services Network LLC purchased a new position in Maximus in the third quarter valued at approximately $32,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of 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 acquiring an additional 304 shares in the last quarter. Canada Pension Plan Investment Board acquired a new position in shares of Maximus during the second quarter worth about $35,000. Finally, Danske Bank A S acquired a new position in Maximus during the 3rd quarter worth approximately $55,000. 97.21% of the stock is currently owned by institutional investors and hedge funds.

Maximus Stock Up 3.5%

MMS opened at $58.38 on Thursday. The company has a debt-to-equity ratio of 0.90, a quick ratio of 2.42 and a current ratio of 2.42. The stock’s fifty day moving average is $57.79 and its 200-day moving average is $64.91. Maximus, Inc. has a one year low of $52.73 and a one year high of $100.00. The company has a market capitalization of $3.06 billion, a PE ratio of 8.62 and a beta of 0.59.

Maximus (NYSE:MMS) last released its earnings results on Thursday, August 6th. The health services provider reported $2.22 EPS for the quarter, beating the consensus estimate of $2.21 by $0.01. The business had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.33 billion. Maximus had a net margin of 7.07% and a return on equity of 24.91%. The business’s quarterly revenue was down 5.1% on a year-over-year basis. During the same period in the prior year, the business earned $2.16 earnings per share. Maximus has set its FY 2026 guidance at 7.900-8.200 EPS. On average, equities analysts predict that Maximus, Inc. will post 8.01 EPS for the current fiscal year.

Maximus Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 31st. Shareholders of record on Friday, August 14th will be paid a dividend of $0.33 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $1.32 dividend on an annualized basis and a yield of 2.3%. Maximus’s dividend payout ratio is currently 19.50%.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Zacks Research cut shares of Maximus from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 11th. Wall Street Zen downgraded shares of Maximus from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Maximus in a report on Monday. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Reduce”.

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.