Maximus, Inc. (NYSE:MMS) Holdings Raised by Virtu Financial LLC

Virtu Financial LLC grew its position in Maximus, Inc. (NYSE:MMS) by 8.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,102 shares of the health services provider’s stock after acquiring an additional 237 shares during the quarter. Virtu Financial LLC’s holdings in Maximus were worth $260,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in MMS. Verdence Capital Advisors LLC grew its stake in Maximus by 3.2% during the 4th quarter. Verdence Capital Advisors LLC now owns 4,563 shares of the health services provider’s stock worth $383,000 after buying an additional 140 shares during the last quarter. VisionPoint Advisory Group LLC grew its stake in Maximus by 61.4% during the 3rd quarter. VisionPoint Advisory Group LLC now owns 381 shares of the health services provider’s stock worth $28,000 after buying an additional 145 shares during the last quarter. Retirement Systems of Alabama grew its stake in Maximus by 0.3% during the 4th quarter. Retirement Systems of Alabama now owns 76,128 shares of the health services provider’s stock worth $6,384,000 after buying an additional 232 shares during the last quarter. Synovus Financial Corp grew its stake in Maximus by 3.9% during the 3rd quarter. Synovus Financial Corp now owns 8,085 shares of the health services provider’s stock worth $604,000 after buying an additional 307 shares during the last quarter. Finally, Fifth Third Bancorp grew its stake in Maximus by 57.9% during the 4th quarter. Fifth Third Bancorp now owns 998 shares of the health services provider’s stock worth $84,000 after buying an additional 366 shares during the last quarter. 97.21% of the stock is currently owned by institutional investors.

Maximus Price Performance

Shares of MMS opened at $88.37 on Friday. The company has a market cap of $5.37 billion, a P/E ratio of 23.19 and a beta of 0.74. The stock has a fifty day moving average price of $84.43 and a 200 day moving average price of $83.19. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.53 and a quick ratio of 1.53. Maximus, Inc. has a 12 month low of $72.39 and a 12 month high of $90.65.

Maximus (NYSE:MMS) last issued its quarterly earnings data on Wednesday, May 8th. The health services provider reported $1.57 EPS for the quarter, topping analysts’ consensus estimates of $1.31 by $0.26. Maximus had a return on equity of 18.02% and a net margin of 4.58%. The firm had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.29 billion. During the same period in the prior year, the business earned $0.80 EPS. The firm’s revenue was up 11.7% on a year-over-year basis. On average, research analysts forecast that Maximus, Inc. will post 5.79 earnings per share for the current year.

Maximus Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 31st. Stockholders of record on Wednesday, May 15th were paid a $0.30 dividend. The ex-dividend date of this dividend was Tuesday, May 14th. This represents a $1.20 annualized dividend and a dividend yield of 1.36%. Maximus’s payout ratio 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.