Is there a Bearish outlook for MAXIMUS, Inc. (NYSE:MMS) this week?

February 11, 2018 - By Clifton Ray

 Is there a Bearish outlook for MAXIMUS, Inc. (NYSE:MMS) this week?
Investors sentiment decreased to 1.39 in Q3 2017. Its down 0.01, from 1.4 in 2017Q2. It fall, as 22 investors sold MAXIMUS, Inc. shares while 77 reduced holdings. 42 funds opened positions while 96 raised stakes. 57.34 million shares or 3.44% less from 59.39 million shares in 2017Q2 were reported.
Carroll Fincl Associates, North Carolina-based fund reported 114 shares. 13,976 are held by Sg Americas Securities Ltd Co. Commonwealth Equity Service invested in 0% or 5,235 shares. Fny Managed Accounts Ltd Company holds 0.03% of its portfolio in MAXIMUS, Inc. (NYSE:MMS) for 316 shares. Utah-based Alta Cap Mgmt Limited Co has invested 2.55% in MAXIMUS, Inc. (NYSE:MMS). Moreover, Goldman Sachs Group has 0.01% invested in MAXIMUS, Inc. (NYSE:MMS). Verition Fund Management Ltd Co, Connecticut-based fund reported 3,776 shares. Ahl Limited Liability Partnership accumulated 0.22% or 188,062 shares. State Of Wisconsin Board owns 258,015 shares. Colony Grp Inc Limited Liability Company holds 3,115 shares. 22,444 are held by Sei Investments Com. Robecosam Ag accumulated 0.59% or 119,230 shares. Horrell Cap Mngmt reported 16 shares. Prudential Fincl reported 0.06% stake. Macquarie Group holds 15,800 shares.

Since August 10, 2017, it had 0 insider purchases, and 9 insider sales for $6.68 million activity. $506,253 worth of stock was sold by Caswell Bruce on Tuesday, September 19. 2,200 shares were sold by LEDERER PAUL R, worth $133,903 on Monday, August 14. Andrekovich Mark sold 2,700 shares worth $194,400. 29,203 shares were sold by MONTONI RICHARD A, worth $1.76 million. FRANCIS DAVID sold 2,000 shares worth $117,780.

MAXIMUS, Inc. (NYSE:MMS) Ratings Coverage

Among 8 analysts covering MAXIMUS (NYSE:MMS), 1 have Buy rating, 0 Sell and 7 Hold. Therefore 13% are positive. MAXIMUS had 36 analyst reports since August 6, 2015 according to SRatingsIntel. The stock has “Hold” rating by Jefferies on Thursday, February 8. Sidoti upgraded MAXIMUS, Inc. (NYSE:MMS) on Thursday, August 20 to “Buy” rating. The stock of MAXIMUS, Inc. (NYSE:MMS) earned “Hold” rating by Jefferies on Thursday, September 28. KeyBanc Capital Markets downgraded MAXIMUS, Inc. (NYSE:MMS) on Thursday, May 25 to “Sector Weight” rating. On Tuesday, March 8 the stock rating was upgraded by Canaccord Genuity to “Buy”. The stock has “Hold” rating by Jefferies on Friday, May 5. The stock of MAXIMUS, Inc. (NYSE:MMS) has “Hold” rating given on Friday, August 18 by Jefferies. The stock of MAXIMUS, Inc. (NYSE:MMS) earned “Mkt Perform” rating by Raymond James on Wednesday, November 9. Jefferies maintained the stock with “Buy” rating in Tuesday, May 31 report. The company was maintained on Friday, February 9 by Canaccord Genuity. Below is a list of MAXIMUS, Inc. (NYSE:MMS) latest ratings and price target changes.

09/02/2018 Broker: Canaccord Genuity Old Rating: Hold New Rating: Hold Old Target: $71 New Target: $65 Maintain
09/02/2018 Broker: Maxim Group Old Rating: Buy New Rating: Hold Old Target: $66 New Target: $69 Maintain
08/02/2018 Broker: Jefferies Rating: Hold New Target: $65.0 Maintain
03/01/2018 Broker: Robert W. Baird Rating: Hold New Target: $75.0 Maintain
13/12/2017 Broker: Canaccord Genuity Rating: Hold New Target: $71.0 Maintain
13/11/2017 Broker: Jefferies Rating: Hold Old Target: $63 New Target: $59 Maintain
09/11/2017 Broker: Jefferies Rating: Hold New Target: $59.0 Maintain
09/11/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
09/11/2017 Broker: Robert W. Baird Rating: Hold New Target: $64.0 Maintain
10/11/2017 Broker: Canaccord Genuity Rating: Hold Old Target: $62 New Target: $61 Maintain

The stock decreased 0.28% or $0.18 during the last trading session, reaching $63.79. About 670,775 shares traded or 66.64% up from the average. MAXIMUS, Inc. (NYSE:MMS) has risen 15.99% since February 11, 2017 and is uptrending. It has underperformed by 0.71% the S&P500.

MAXIMUS, Inc. provides business process services to government health and human services programs in the United States, the United Kingdom, Australia, Canada, and Saudi Arabia. The company has market cap of $4.16 billion. The companyÂ’s Health Services segment offers various BPS, appeals, and assessments, as well as related consulting services for state, provincial, and national government programs comprising Medicaid, Children's Health Insurance Program, the Affordable Care Act, Health Insurance British Columbia, the Health Assessment Advisory Service, and Fit for Work Service. It has a 19.04 P/E ratio. The Company’s services include health insurance exchange customer contact center activities and support; health insurance program eligibility and enrollment; beneficiary outreach and education; application assistance and independent health plan enrollment counseling; premium payment processing and administration; health plan oversight; eHealth solutions with the Medigent product suite; independent disability, long-term sick, and health assessments; occupational health clinical assessments; and specialized program consulting services.

More news for MAXIMUS, Inc. (NYSE:MMS) were recently published by: Finance.Yahoo.com, which released: “Maximus beats 1Q profit forecasts” on February 08, 2018. Reuters.com‘s article titled: “BRIEF-Maximus Appoints Bruce Caswell As CEO, Eff. April 1” and published on January 16, 2018 is yet another important article.

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