American Century Companies Inc. Acquires 1,093 Shares of Maximus, Inc. (NYSE:MMS)

American Century Companies Inc. lifted its stake in Maximus, Inc. (NYSE:MMS) by 7.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,986 shares of the health services provider’s stock after buying an additional 1,093 shares during the period. American Century Companies Inc.’s holdings in Maximus were worth $1,284,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of MMS. Vanguard Group Inc. boosted its position in Maximus by 2.4% during the 1st quarter. Vanguard Group Inc. now owns 6,208,839 shares of the health services provider’s stock valued at $520,922,000 after buying an additional 145,983 shares during the period. Janus Henderson Group PLC boosted its holdings in shares of Maximus by 2.1% during the first quarter. Janus Henderson Group PLC now owns 1,254,536 shares of the health services provider’s stock worth $105,255,000 after purchasing an additional 25,825 shares during the period. Van Berkom & Associates Inc. grew its stake in shares of Maximus by 0.8% in the second quarter. Van Berkom & Associates Inc. now owns 1,146,524 shares of the health services provider’s stock worth $98,257,000 after purchasing an additional 8,811 shares during the last quarter. Allspring Global Investments Holdings LLC increased its holdings in Maximus by 0.5% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 705,302 shares of the health services provider’s stock valued at $59,175,000 after purchasing an additional 3,680 shares during the period. Finally, Reinhart Partners LLC. raised its position in Maximus by 53.5% during the 2nd quarter. Reinhart Partners LLC. now owns 355,914 shares of the health services provider’s stock valued at $30,502,000 after purchasing an additional 124,095 shares during the last quarter. Hedge funds and other institutional investors own 97.21% of the company’s stock.

Maximus Trading Up 0.5 %

NYSE MMS opened at $93.16 on Tuesday. The stock has a market cap of $5.66 billion, a P/E ratio of 24.45 and a beta of 0.76. Maximus, Inc. has a fifty-two week low of $72.39 and a fifty-two week high of $93.97. The stock has a 50 day simple moving average of $89.96 and a two-hundred day simple moving average of $86.47. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.59 and a current ratio of 1.59.

Maximus (NYSE:MMS) last announced its quarterly earnings results on Wednesday, August 7th. The health services provider reported $1.74 EPS for the quarter, topping analysts’ consensus estimates of $1.47 by $0.27. The company had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.29 billion. Maximus had a return on equity of 20.91% and a net margin of 5.59%. The firm’s revenue was up 10.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.78 earnings per share. On average, analysts forecast that Maximus, Inc. will post 6.12 earnings per share for the current year.

Maximus Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Saturday, August 31st. Investors of record on Thursday, August 15th were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 1.29%. The ex-dividend date was Thursday, August 15th. Maximus’s payout ratio is currently 31.50%.

About Maximus

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.