David Francis Sells 1,800 Shares of Maximus, Inc. (NYSE:MMS) Stock

Maximus, Inc. (NYSE:MMSGet Rating) General Counsel David Francis sold 1,800 shares of Maximus stock in a transaction dated Wednesday, November 23rd. The stock was sold at an average price of $70.92, for a total transaction of $127,656.00. Following the transaction, the general counsel now directly owns 13,658 shares of the company’s stock, valued at $968,625.36. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

David Francis also recently made the following trade(s):

  • On Friday, September 30th, David Francis sold 5,326 shares of Maximus stock. The shares were sold at an average price of $57.87, for a total transaction of $308,215.62.

Maximus Trading Down 0.3 %

Maximus stock traded down $0.19 during trading hours on Thursday, hitting $70.15. The company had a trading volume of 764,093 shares, compared to its average volume of 360,417. The firm has a market cap of $4.31 billion, a P/E ratio of 21.32 and a beta of 0.71. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.47 and a current ratio of 1.33. Maximus, Inc. has a 1 year low of $54.46 and a 1 year high of $81.98. The company has a 50-day moving average price of $59.46 and a two-hundred day moving average price of $61.82.

Maximus Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 30th. Stockholders of record on Tuesday, November 15th will be given a $0.28 dividend. The ex-dividend date of this dividend is Monday, November 14th. This represents a $1.12 annualized dividend and a dividend yield of 1.60%. Maximus’s payout ratio is presently 34.04%.

Institutional Investors Weigh In On Maximus

Several hedge funds have recently modified their holdings of MMS. Householder Group Estate & Retirement Specialist LLC purchased a new stake in shares of Maximus in the 3rd quarter worth approximately $26,000. Arlington Partners LLC bought a new position in shares of Maximus during the 2nd quarter worth approximately $29,000. Bessemer Group Inc. raised its stake in shares of Maximus by 577.6% during the 3rd quarter. Bessemer Group Inc. now owns 576 shares of the health services provider’s stock worth $33,000 after acquiring an additional 491 shares in the last quarter. McIlrath & Eck LLC raised its stake in shares of Maximus by 230.4% during the 2nd quarter. McIlrath & Eck LLC now owns 631 shares of the health services provider’s stock worth $39,000 after acquiring an additional 440 shares in the last quarter. Finally, Wipfli Financial Advisors LLC bought a new position in shares of Maximus during the 3rd quarter worth approximately $47,000. Hedge funds and other institutional investors own 95.30% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on shares of Maximus in a research report on Wednesday, October 12th. They issued a “hold” rating for the company.

Maximus Company Profile

(Get Rating)

Maximus, Inc provides business process services (BPS) to government health and human services programs. It operates through three segments: U.S. Services, U.S. Federal Services, and Outside the U.S. The U.S. Services segment offers various BPS solutions, such as program administration, appeals and assessments, and related consulting works for U.S.

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Insider Buying and Selling by Quarter for Maximus (NYSE:MMS)

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