AQR Capital Management LLC Boosts Holdings in Maximus, Inc. (NYSE:MMS)

AQR Capital Management LLC grew its position in Maximus, Inc. (NYSE:MMS) by 32.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 147,537 shares of the health services provider’s stock after purchasing an additional 35,867 shares during the quarter. AQR Capital Management LLC owned about 0.24% of Maximus worth $12,644,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Inspire Advisors LLC increased its position in Maximus by 1.4% during the 2nd quarter. Inspire Advisors LLC now owns 8,768 shares of the health services provider’s stock valued at $751,000 after buying an additional 121 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of Maximus by 4.5% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 3,179 shares of the health services provider’s stock worth $272,000 after acquiring an additional 136 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its holdings in shares of Maximus by 2.4% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 6,479 shares of the health services provider’s stock valued at $544,000 after acquiring an additional 149 shares in the last quarter. Bridge City Capital LLC raised its position in shares of Maximus by 0.8% in the 1st quarter. Bridge City Capital LLC now owns 24,182 shares of the health services provider’s stock valued at $2,029,000 after purchasing an additional 188 shares during the last quarter. Finally, WR Wealth Planners LLC boosted its stake in Maximus by 4.6% in the 2nd quarter. WR Wealth Planners LLC now owns 4,525 shares of the health services provider’s stock worth $388,000 after purchasing an additional 198 shares in the last quarter. 97.21% of the stock is owned by institutional investors and hedge funds.

Maximus Stock Down 0.4 %

NYSE:MMS opened at $92.82 on Wednesday. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.61. Maximus, Inc. has a twelve month low of $72.39 and a twelve month high of $93.97. The company has a market cap of $5.64 billion, a PE ratio of 24.36 and a beta of 0.76. The company’s 50 day moving average is $89.96 and its two-hundred day moving average is $86.47.

Maximus (NYSE:MMS) last announced its quarterly earnings data on Wednesday, August 7th. The health services provider reported $1.74 earnings per share for the quarter, beating analysts’ consensus estimates of $1.47 by $0.27. The firm had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.29 billion. Maximus had a net margin of 5.59% and a return on equity of 20.91%. The business’s quarterly revenue was up 10.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.78 earnings per share. Analysts anticipate that Maximus, Inc. will post 6.12 EPS for the current year.

Maximus Dividend Announcement

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

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.