Are Analysts Bearish MAXIMUS, Inc. (NYSE:MMS) After Last Week?

Out of 9 analysts covering MAXIMUS (NYSE:MMS), 9 rate it “Buy”, 0 “Sell”, while 1 “Hold”. This means 90% are positive. MAXIMUS was the topic in 12 analyst reports since August 6, 2015 according to StockzIntelligence Inc. Below is a list of MAXIMUS, Inc. (NYSE:MMS) latest ratings and price target changes.

08/03/2016 Broker: Canaccord Genuity Old Rating: Hold New Rating: Buy Old Target: $59.00 New Target: $60.00 Upgrade
19/02/2016 Broker: Jefferies Rating: Buy Old Target: $65.00 New Target: $63.00 Target Down
04/02/2016 Broker: Maxim Group Rating: Buy Old Target: $81.00 New Target: $80.00 Maintain
04/12/2015 Broker: Stifel Nicolaus Rating: Buy New Target: $65 Initiate
13/11/2015 Broker: Canaccord Genuity Rating: Hold Old Target: $65.00 New Target: $59.00 Target Down
12/11/2015 Broker: Maxim Group Rating: Buy Old Target: $87.00 New Target: $81.00 Maintain

The stock increased 0.51% or $0.27 on April 1, hitting $52.91. About 224,751 shares traded hands. MAXIMUS, Inc. (NYSE:MMS) has declined 14.41% since August 26, 2015 and is downtrending. It has underperformed by 21.23% the S&P500.

MAXIMUS, Inc. provides business process services to Government health and human services agencies. The company has a market cap of $3.45 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 25.04 P/E ratio. It provides health and human services to Governments in the United States, Australia, Canada, the United Kingdom and Saudi Arabia.

The institutional sentiment decreased to 1.05 in Q3 2015. Its down 0.02, from 1.07 in 2015Q2. The ratio dropped, as 31 funds sold all MAXIMUS, Inc. shares owned while 94 reduced positions. 26 funds bought stakes while 105 increased positions. They now own 56.30 million shares or 9.56% less from 62.26 million shares in 2015Q2.

Ranger Investment Management L.P. holds 3.64% of its portfolio in MAXIMUS, Inc. for 1.08 million shares. Rk Capital Management Llc owns 327,200 shares or 3.57% of their US portfolio. Moreover, Summit Creek Advisors Llc has 3.57% invested in the company for 368,809 shares. The Quebec - Canada-based Van Berkom & Associates Inc. has invested 2.68% in the stock. Neumeier Poma Investment Counsel Llc, a California-based fund reported 217,310 shares.

Since March 17, 2015, the stock had 0 insider buys, and 1 insider sale for $1.24 million net activity. Caswell Bruce sold 20,000 shares worth $1.24M. Beliveau Russell A sold 1,000 shares worth $59,577. Montoni Richard A sold 25,000 shares worth $1.55 million. Seymann Marilyn R sold 2,802 shares worth $176,526. The insider Francis David sold 2,300 shares worth $147,407.

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