Maximus, Inc. (NYSE:MMS) Director Buys $249,395.40 in Stock

Maximus, Inc. (NYSE:MMS) Director Raymond B. Ruddy purchased 3,490 shares of the firm’s stock in a transaction that occurred on Thursday, December 12th. The stock was bought at an average price of $71.46 per share, for a total transaction of $249,395.40. Following the purchase, the director now owns 112,520 shares in the company, valued at $8,040,679.20. The trade was a 3.20 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this link.

Maximus Stock Down 1.3 %

MMS stock opened at $69.81 on Monday. Maximus, Inc. has a fifty-two week low of $69.72 and a fifty-two week high of $93.97. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.49 and a quick ratio of 1.49. The stock has a market capitalization of $4.21 billion, a price-to-earnings ratio of 13.96 and a beta of 0.73. The business’s fifty day moving average price is $82.58 and its two-hundred day moving average price is $86.62.

Maximus Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Saturday, November 30th. Shareholders of record on Friday, November 15th were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 1.72%. The ex-dividend date was Friday, November 15th. Maximus’s dividend payout ratio (DPR) is 24.00%.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded Maximus from a “buy” rating to a “hold” rating in a research report on Thursday, November 28th.

Institutional Trading of Maximus

A number of institutional investors have recently bought and sold shares of the business. V Square Quantitative Management LLC acquired a new stake in shares of Maximus in the third quarter valued at approximately $25,000. Blue Trust Inc. increased its stake in Maximus by 201.5% during the 2nd quarter. Blue Trust Inc. now owns 392 shares of the health services provider’s stock worth $33,000 after acquiring an additional 262 shares during the period. Archer Investment Corp increased its stake in Maximus by 8,788.9% during the 2nd quarter. Archer Investment Corp now owns 800 shares of the health services provider’s stock worth $69,000 after acquiring an additional 791 shares during the period. GAMMA Investing LLC raised its holdings in Maximus by 150.6% in the 3rd quarter. GAMMA Investing LLC now owns 862 shares of the health services provider’s stock valued at $80,000 after acquiring an additional 518 shares in the last quarter. Finally, Ariadne Wealth Management LP bought a new stake in shares of Maximus during the 2nd quarter valued at $90,000. Institutional investors own 97.21% of the company’s stock.

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.