Stifel Financial Corp Has $895,000 Holdings in Maximus, Inc. (NYSE:MMS)

Stifel Financial Corp trimmed its position in shares of Maximus, Inc. (NYSE:MMS) by 5.3% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,605 shares of the health services provider’s stock after selling 535 shares during the quarter. Stifel Financial Corp’s holdings in Maximus were worth $895,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of MMS. V Square Quantitative Management LLC bought a new position in shares of Maximus in the third quarter valued at approximately $25,000. Archer Investment Corp raised its position in Maximus by 8,788.9% in the 2nd quarter. Archer Investment Corp now owns 800 shares of the health services provider’s stock valued at $69,000 after buying an additional 791 shares during the last quarter. GAMMA Investing LLC lifted its stake in Maximus by 150.6% during 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. Quarry LP boosted its holdings in Maximus by 48.0% during the 3rd quarter. Quarry LP now owns 1,017 shares of the health services provider’s stock worth $95,000 after acquiring an additional 330 shares during the last quarter. Finally, Ariadne Wealth Management LP bought a new stake in shares of Maximus in the 2nd quarter worth $90,000. Institutional investors and hedge funds own 97.21% of the company’s stock.

Maximus Stock Up 0.2 %

Shares of NYSE:MMS opened at $72.97 on Wednesday. The company has a market capitalization of $4.40 billion, a PE ratio of 14.59 and a beta of 0.73. Maximus, Inc. has a 1 year low of $69.72 and a 1 year 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 business has a fifty day moving average price of $79.98 and a two-hundred day moving average price of $85.92.

Maximus Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Saturday, November 30th. Investors of record on Friday, November 15th were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Friday, November 15th. This represents a $1.20 dividend on an annualized basis and a yield of 1.64%. Maximus’s dividend payout ratio (DPR) is presently 24.00%.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Maximus from a “hold” rating to a “buy” rating in a report on Thursday, December 19th.

Insiders Place Their Bets

In related news, CEO Bruce Caswell acquired 3,500 shares of the firm’s stock in a transaction that occurred on Tuesday, December 17th. The shares were bought at an average cost of $70.64 per share, for a total transaction of $247,240.00. Following the purchase, the chief executive officer now owns 275,929 shares in the company, valued at $19,491,624.56. This trade represents a 1.28 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Michelle F. Link sold 1,363 shares of the company’s stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of $92.56, for a total transaction of $126,159.28. Following the sale, the insider now directly owns 6,567 shares in the company, valued at $607,841.52. This trade represents a 17.19 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have purchased 7,063 shares of company stock valued at $502,017. Company insiders own 1.40% 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.