American Century Companies Reduces Stake in Maximus,

June 10, 2023

🌥️Trending News

Maximus ($NYSE:MMS), Inc., is a worldwide leader in government services and consulting. The company provides business process services, professional services, and technology solutions to the public sector across a variety of programs. The reduction of ownership stake is a result of the company’s strategy to increase its focus on the health and human services markets. Maximus, Inc. is well positioned to benefit from a growing industry in government services. The company has an extensive track record of delivering successful outcomes for government agencies and citizens.

With its strong financials and extensive knowledge base, Maximus is poised to continue delivering innovative solutions and quality services to its customers. Despite the reduction in American Century Companies Inc.’s stake in Maximus Inc., the company is continuing to expand its operations and develop new products and services. With its ever-growing list of clients, Maximus is sure to remain a leader in government services for many years to come.

Market Price

American Century Companies Inc. recently announced a reduction in their stake in the business process services provider Maximus, Inc. On Thursday, the MAXIMUS stock opened at $84.0 and closed at $84.4, representing an increase of 0.2% from the prior closing price of 84.3. The stock showed a steady increase during the day’s trading and ended the session on a positive note. The news of the stake reduction did not significantly affect the stock prices, indicating that investors may not be overly concerned about the news. Live Quote…

About the Company

  • Maximus“>Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

    Below shows the total revenue, net income and net margin for Maximus. More…

    Total Revenues Net Income Net Margin
    4.76k 172.19 3.4%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for Maximus. More…

    Operations Investing Financing
    353.02 -55.73 -286.06
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

    Below shows the total assets, liabilities and book value per share for Maximus. More…

    Total Assets Total Liabilities Book Value Per Share
    3.9k 2.3k 26.35
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for Maximus are shown below. More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    15.1% 2.1% 6.4%
    FCF Margin ROE ROA
    6.0% 11.9% 4.9%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items
  • Analysis

    At GoodWhale, we have conducted a comprehensive analysis of MAXIMUS’s fundamentals. Our Risk Rating tool has determined that MAXIMUS is a medium risk investment when it comes to financial and business aspects. In addition, our analysis has detected two risk warnings in the income sheet and balance sheet. To gain further insight into these risks, as well as our complete Risk Rating report on MAXIMUS, register with us today. Maximus“>More…

  • Risk Rating Analysis
  • Star Chart Analysis
  • Valuation Analysis




  • Peers

    – Calian Group Ltd ($TSX:CGY)

    Calian Group Ltd is a Canadian company that provides professional and technical services to businesses and governments. Its services include information technology, training, engineering, and healthcare. As of 2022, Calian Group Ltd had a market capitalization of 642.4 million and a return on equity of 4.41%. The company has over 3,000 employees and is headquartered in Ottawa, Canada.

    – DLH Holdings Corp ($NASDAQ:DLHC)

    DLH Holdings Corp is a provider of professional and technical services to the U.S. federal government. The Company operates in two segments: Government Services and Healthcare. The Government Services segment offers a range of services, including engineering, program management, logistics, and technical services to defense, aerospace, and other government customers. The Healthcare segment provides health information management and technology solutions to government and commercial customers.

    – Hills Ltd ($ASX:HIL)

    Hills Ltd is a company that is involved in the design, manufacture, and distribution of products and solutions for the infrastructure, communications, and security markets. The company has a market capitalization of 13.22 million as of 2022 and a return on equity of -28.57%. The company’s products and solutions are used in a variety of applications, including telecommunications, transportation, utilities, and government.

    Summary

    Investors in Maximus, Inc., should be monitoring recent changes to institutional holdings. This could indicate that the institution is choosing to invest elsewhere, which could have a negative impact on the stock price. It is important for investors to analyze the current market trends and decide if Maximus is a good fit for their portfolio. In conclusion, investors should be aware of the recent institutional changes and assess if Maximus is a good investment option.

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