Versor Investments LP Buys 5,789 Shares of Maximus, Inc. (NYSE:MMS)

Versor Investments LP grew its stake in shares of Maximus, Inc. (NYSE:MMS - Free Report) by 213.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,500 shares of the health services provider's stock after purchasing an additional 5,789 shares during the period. Versor Investments LP's holdings in Maximus were worth $792,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of MMS. Vanguard Group Inc. grew its position in Maximus by 2.4% during the first quarter. Vanguard Group Inc. now owns 6,208,839 shares of the health services provider's stock valued at $520,922,000 after purchasing an additional 145,983 shares in the last quarter. Janus Henderson Group PLC boosted its stake in shares of Maximus by 2.1% during the 1st quarter. Janus Henderson Group PLC now owns 1,254,536 shares of the health services provider's stock valued at $105,255,000 after buying an additional 25,825 shares during the period. Dimensional Fund Advisors LP grew its holdings in shares of Maximus by 7.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,153,977 shares of the health services provider's stock valued at $98,904,000 after acquiring an additional 79,092 shares in the last quarter. Van Berkom & Associates Inc. increased 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 acquiring an additional 8,811 shares during the last quarter. Finally, Assenagon Asset Management S.A. raised its holdings in shares of Maximus by 277.0% during the third quarter. Assenagon Asset Management S.A. now owns 878,894 shares of the health services provider's stock worth $81,878,000 after acquiring an additional 645,760 shares in the last quarter. Institutional investors and hedge funds own 97.21% of the company's stock.

Insider Buying and Selling

In other news, insider Michelle F. Link sold 1,363 shares of the firm's stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $92.56, for a total value of $126,159.28. Following the sale, the insider now directly owns 6,567 shares of the company's stock, valued at approximately $607,841.52. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 1.40% of the company's stock.

Maximus Stock Down 0.8 %

NYSE MMS traded down $0.69 on Wednesday, reaching $89.85. The stock had a trading volume of 158,506 shares, compared to its average volume of 354,921. 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 1 year low of $76.42 and a 1 year high of $93.97. The business has a 50 day moving average price of $89.38 and a 200 day moving average price of $88.18. The company has a market capitalization of $5.41 billion, a price-to-earnings ratio of 19.06 and a beta of 0.77.

Maximus Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Saturday, November 30th. Investors of record on Friday, November 15th will be paid a $0.30 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $1.20 dividend on an annualized basis and a yield of 1.34%. Maximus's payout ratio is presently 25.16%.

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.