Maximus, Inc. (NYSE:MMS) General Counsel David Francis sold 1,500 shares of the company’s stock in a transaction that occurred on Friday, February 17th. The shares were sold at an average price of $59.08, for a total value of $88,620.00. Following the completion of the transaction, the general counsel now directly owns 24,216 shares of the company’s stock, valued at $1,430,681.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

David Francis also recently made the following trade(s):

  • On Thursday, December 15th, David Francis sold 1,901 shares of Maximus stock. The shares were sold at an average price of $55.00, for a total value of $104,555.00.

Shares of Maximus, Inc. (NYSE:MMS) traded down 0.34% during trading on Friday, reaching $58.74. The company’s stock had a trading volume of 106,565 shares. The firm’s 50-day moving average price is $56.59 and its 200-day moving average price is $56.08. Maximus, Inc. has a one year low of $43.69 and a one year high of $61.68. The company has a market capitalization of $3.81 billion, a price-to-earnings ratio of 19.58 and a beta of 1.13.

Maximus (NYSE:MMS) last issued its quarterly earnings data on Thursday, February 9th. The company reported $0.71 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.63 by $0.08. Maximus had a net margin of 8.08% and a return on equity of 26.42%. The business earned $607.60 million during the quarter, compared to analyst estimates of $599.98 million. During the same period last year, the business posted $0.40 earnings per share. Maximus’s quarterly revenue was up 9.1% compared to the same quarter last year. On average, equities analysts anticipate that Maximus, Inc. will post $3.00 earnings per share for the current year.

Insider Buying and Selling by Quarter for Maximus (NYSE:MMS)

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 28th. Shareholders of record on Wednesday, February 15th will be issued a $0.045 dividend. The ex-dividend date is Monday, February 13th. This represents a $0.18 annualized dividend and a yield of 0.31%. Maximus’s dividend payout ratio (DPR) is presently 5.98%.

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Hedge funds have recently modified their holdings of the company. First Bank & Trust acquired a new position in Maximus during the fourth quarter valued at about $135,000. Elkfork Partners LLC acquired a new position in Maximus during the fourth quarter valued at about $162,000. Intl Fcstone Inc. acquired a new position in Maximus during the third quarter valued at about $203,000. Sei Investments Co. raised its position in Maximus by 12.7% in the third quarter. Sei Investments Co. now owns 4,046 shares of the company’s stock valued at $229,000 after buying an additional 457 shares during the last quarter. Finally, Navellier & Associates Inc raised its position in Maximus by 10.6% in the third quarter. Navellier & Associates Inc now owns 4,160 shares of the company’s stock valued at $235,000 after buying an additional 397 shares during the last quarter. Institutional investors and hedge funds own 98.74% of the company’s stock.

Several equities analysts have recently issued reports on MMS shares. Jefferies Group LLC reaffirmed a “buy” rating and issued a $65.00 target price (down from $67.00) on shares of Maximus in a report on Wednesday, November 16th. Raymond James Financial, Inc. lowered Maximus from an “outperform” rating to a “market perform” rating in a report on Wednesday, November 9th. Maxim Group lowered Maximus from an “outperform” rating to a “market perform” rating in a report on Wednesday, November 9th. Zacks Investment Research raised Maximus from a “sell” rating to a “hold” rating in a report on Thursday, January 12th. Finally, Sidoti lowered Maximus from a “buy” rating to a “neutral” rating and set a $55.00 target price for the company. in a report on Tuesday, November 15th. One research analyst has rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $62.33.

About Maximus

MAXIMUS, Inc provides business process services (BPS) to government health and human services agencies. The Company operates through three segments: U.S. Federal Services, Health Services and Human Services. The U.S. Federal Services segment provides BPS and program management for large government programs, independent health review and appeals services for both the United States Federal Government, and state-based programs and technology solutions for civilian federal programs.

5 Day Chart for NYSE:MMS

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