Stock On Watch: Maximus Inc (NYSE:MMS) Institutional Investor Positioning

December 1, 2016 - By Adrian Mccoy   ·   0 Comments

Stock On Watch: Maximus Inc (NYSE:MMS) Institutional Investor Positioning

Sentiment for Maximus Inc (NYSE:MMS)

Maximus Inc (NYSE:MMS) institutional sentiment decreased to 0.87 in Q2 2016. Its down -0.13, from 1 in 2016Q1. The ratio has worsened, as 110 hedge funds increased or started new equity positions, while 110 reduced and sold equity positions in Maximus Inc. The hedge funds in our partner’s database reported: 61.27 million shares, up from 60.56 million shares in 2016Q1. Also, the number of hedge funds holding Maximus Inc in their top 10 equity positions was flat from 7 to 7 for the same number . Sold All: 25 Reduced: 85 Increased: 88 New Position: 22.

MAXIMUS, Inc. provides business process services to Government health and human services agencies. The company has a market cap of $3.54 billion. The Firm is primarily focused on operating Government-sponsored programs, such as Medicaid, children’s health insurance program (CHIP), health insurance exchanges and other health care reform initiatives, Medicare, welfare-to-work, child support services and other Government programs. It has a 20.52 P/E ratio. It provides health and human services to Governments in the United States, Australia, Canada, the United Kingdom and Saudi Arabia.

The stock decreased 1.72% or $0.97 during the last trading session, hitting $55.29. MAXIMUS, Inc. (NYSE:MMS) has risen 2.90% since April 28, 2016 and is uptrending. It has underperformed by 3.02% the S&P500.

Analysts await MAXIMUS, Inc. (NYSE:MMS) to report earnings on February, 2. They expect $0.62 EPS, up 55.00% or $0.22 from last year’s $0.4 per share. MMS’s profit will be $39.70 million for 22.29 P/E if the $0.62 EPS becomes a reality. After $0.77 actual EPS reported by MAXIMUS, Inc. for the previous quarter, Wall Street now forecasts -19.48% negative EPS growth.

According to Zacks Investment Research, “MAXIMUS, Inc. is an extremely dynamic and complex organization that offers government and industry a range of unique services, products, and solutions. The diverse services and products that MAXIMUS offers may be categorized into three groups: Government Program Management and Operations, Consulting, and Systems. Government Program Management and Operations focuses on having a measurable impact on the lives of the citizens we help government serve. The insights of MAXIMUS Consulting, and the technological innovations advanced through Systems, help government gain program efficiencies and pursue improvements that in turn benefit citizens.”

Rk Capital Management Llc holds 4.41% of its portfolio in MAXIMUS, Inc. for 446,400 shares. Summit Creek Advisors Llc owns 385,474 shares or 3.63% of their US portfolio. Moreover, Makaira Partners Llc has 3.58% invested in the company for 441,700 shares. The Texas-based Ranger Investment Management L.P. has invested 3.31% in the stock. Pembroke Management Ltd, a Quebec – Canada-based fund reported 632,618 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 1 buying transaction, and 12 insider sales for $7.37 million net activity.

MAXIMUS, Inc. (NYSE:MMS) Ratings Coverage

Ratings analysis reveals 67% of MAXIMUS’s analysts are positive. Out of 6 Wall Street analysts rating MAXIMUS, 4 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $59 while the high is $87. The stock’s average target of $68 is 22.99% above today’s ($55.29) share price. MMS was included in 15 notes of analysts from August 6, 2015. The company was maintained on Tuesday, May 31 by Jefferies. On Thursday, August 6 the stock rating was maintained by Maxim Group with “Buy”. The rating was downgraded by Sidoti to “Neutral” on Tuesday, November 15. The firm has “Neutral” rating given on Friday, August 7 by Sidoti. Maxim Group maintained the stock with “Buy” rating in Thursday, November 12 report. The stock of MAXIMUS, Inc. (NYSE:MMS) has “Buy” rating given on Thursday, August 20 by Sidoti. The stock has “Buy” rating given by Canaccord Genuity on Tuesday, March 8. Raymond James downgraded the stock to “Mkt Perform” rating in Wednesday, November 9 report. Canaccord Genuity initiated MAXIMUS, Inc. (NYSE:MMS) on Wednesday, September 16 with “Hold” rating. The rating was maintained by Maxim Group on Thursday, February 4 with “Buy”.

MMS Company Profile

MAXIMUS, Inc., incorporated on October 18, 2007, provides business process services (BPS) to Government health and human services agencies. The Firm is primarily focused on operating Government-sponsored programs, such as Medicaid, children’s health insurance program (CHIP), health insurance exchanges and other health care reform initiatives, medicare, welfare-to-work, child support services and other Government programs. The Firm provides health and human services to Governments in the United States, Australia, Canada, the United Kingdom and Saudi Arabia. The Company’s divisions include Health Services and Human Services. The Company’s United States federal services business provides various contract vehicles.

More news for MAXIMUS, Inc. (NYSE:MMS) were recently published by: Fool.com, which released: “Why MAXIMUS, Inc. Stock Popped Today” on November 10, 2016. Democratandchronicle.com‘s article titled: “Maximus opening Gates call center, 2000 jobs promised” and published on July 06, 2016 is yet another important article.

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By Adrian Mccoy


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