2 weeks Ago By Defense World Staff
Prudential Financial Inc. boosted its holdings in shares of Maximus, Inc. (NYSE:MMS – Free Report) by 20.
1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,927 shares of the health services provider’s stock after purchasing an additional 3,669 shares during the period. Prudential Financial Inc.
’s holdings in Maximus were worth $1,637,000 as of its most recent SEC filing. Several other institutional investors have also recently bought and sold shares of MMS. UMB Bank n.
a. grew its holdings in shares of Maximus by 79.8% during the fourth quarter.
UMB Bank n.a. now owns 356 shares of the health services provider’s stock worth $27,000 after purchasing an additional 158 shares during the last quarter.
Eastern Bank bought a new stake in Maximus during the 4th quarter worth about $29,000. V Square Quantitative Management LLC increased its position in Maximus by 65.9% in the 4th quarter.
V Square Quantitative Management LLC now owns 453 shares of the health services provider’s stock valued at $34,000 after acquiring an additional 180 shares in the last quarter. R Squared Ltd bought a new position in shares of Maximus in the fourth quarter worth about $54,000. Finally, IFP Advisors Inc lifted its position in shares of Maximus by 62.
4% during the fourth quarter. IFP Advisors Inc now owns 786 shares of the health services provider’s stock worth $59,000 after purchasing an additional 302 shares in the last quarter. Institutional investors own 97.
21% of the company’s stock. Insider Buying and SellingIn other Maximus news, insider Ilene R. Baylinson sold 14,500 shares of Maximus stock in a transaction dated Wednesday, February 19th.
The stock was sold at an average price of $68.14, for a total transaction of $988,030.00.
Following the transaction, the insider now directly owns 2,512 shares in the company, valued at approximately $171,167.68. The trade was a 85.
23 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Jan Madsen sold 2,439 shares of the business’s stock in a transaction dated Tuesday, March 18th.
The shares were sold at an average price of $67.71, for a total value of $165,144.69.
Following the completion of the transaction, the director now directly owns 18,097 shares of the company’s stock, valued at approximately $1,225,347.87. The trade was a 11.
88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.
60% of the stock is owned by insiders. Maximus Stock Down 2.4 %Shares of NYSE MMS opened at $68.
61 on Friday. The company has a current ratio of 1.72, a quick ratio of 1.
72 and a debt-to-equity ratio of 0.82. The firm has a market capitalization of $3.
88 billion, a PE ratio of 14.76 and a beta of 0.71.
The firm’s 50-day moving average is $69.16 and its 200-day moving average is $77.20.
Maximus, Inc. has a 1 year low of $63.77 and a 1 year high of $93.
97. Maximus (NYSE:MMS – Get Free Report) last released its earnings results on Thursday, February 6th. The health services provider reported $1.
61 EPS for the quarter, topping analysts’ consensus estimates of $1.39 by $0.22.
Maximus had a net margin of 5.28% and a return on equity of 21.95%.
Equities analysts expect that Maximus, Inc. will post 6.15 EPS for the current year.
Wall Street Analysts Forecast GrowthMMS has been the subject of several research analyst reports. StockNews.com cut shares of Maximus from a “buy” rating to a “hold” rating in a research report on Friday, February 14th.
Raymond James upgraded Maximus from a “market perform” rating to an “outperform” rating and set a $90.00 target price for the company in a research report on Thursday, January 2nd.Get Our Latest Stock Analysis on MMSAbout Maximus (Free Report)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.
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