Walleye Capital LLC Raises Stock Holdings in Maximus, Inc. $MMS

Walleye Capital LLC increased its stake in Maximus, Inc. (NYSE:MMS) by 115.7% during the 1st quarter, Holdings Channel reports. The firm owned 428,618 shares of the health services provider’s stock after purchasing an additional 229,879 shares during the quarter. Walleye Capital LLC’s holdings in Maximus were worth $27,474,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Richardson Financial Services Inc. lifted 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 valued at $39,000 after purchasing an additional 103 shares during the last quarter. Farther Finance Advisors LLC increased its holdings in shares of Maximus by 69.0% in the 4th quarter. Farther Finance Advisors LLC now owns 284 shares of the health services provider’s stock worth $25,000 after buying an additional 116 shares during the last quarter. Parkside Financial Bank & Trust increased its holdings in shares of Maximus by 13.4% in the 4th quarter. Parkside Financial Bank & Trust now owns 1,268 shares of the health services provider’s stock worth $109,000 after buying an additional 150 shares during the last quarter. Blue Trust Inc. raised its position in shares of Maximus by 14.6% during the 1st quarter. Blue Trust Inc. now owns 1,321 shares of the health services provider’s stock valued at $85,000 after buying an additional 168 shares in the last quarter. Finally, GAMMA Investing LLC lifted its holdings in shares of Maximus by 13.8% during the 4th quarter. GAMMA Investing LLC now owns 1,522 shares of the health services provider’s stock worth $131,000 after acquiring an additional 185 shares during the last quarter. 97.21% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

MMS has been the subject of several research reports. Zacks Research lowered shares of Maximus from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 27th. Wall Street Zen upgraded Maximus from a “hold” rating to a “buy” rating in a research report on Saturday, June 6th. Finally, Weiss Ratings lowered Maximus from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, May 20th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Maximus Stock Up 1.5%

Shares of NYSE MMS opened at $57.52 on Thursday. The stock has a market capitalization of $3.02 billion, a P/E ratio of 8.61 and a beta of 0.60. Maximus, Inc. has a one year low of $52.73 and a one year high of $100.00. The firm’s 50 day simple moving average is $58.61 and its two-hundred day simple moving average is $70.07. 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 (NYSE:MMS) last announced its quarterly earnings data on Thursday, May 7th. The health services provider reported $2.07 earnings per share for the quarter, topping 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 firm had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.32 billion. During the same period in the previous year, the business posted $2.01 EPS. The business’s quarterly revenue was down 4.1% on a year-over-year basis. Maximus has set its FY 2026 guidance at 8.250-8.550 EPS. As a group, analysts expect that Maximus, Inc. will post 8.43 EPS for the current fiscal year.

Maximus Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 31st. Shareholders of record on Friday, August 14th will be paid a $0.33 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $1.32 annualized dividend and a yield of 2.3%. Maximus’s payout ratio is currently 19.76%.

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.