J Mario Md Molina Sells 15,000 Shares of Molina Healthcare, Inc. (MOH) Stock

Molina Healthcare, Inc. (NYSE:MOH) Director J Mario Md Molina sold 15,000 shares of the firm’s stock in a transaction dated Monday, December 4th. The shares were sold at an average price of $78.52, for a total value of $1,177,800.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

J Mario Md Molina also recently made the following trade(s):

  • On Friday, November 3rd, J Mario Md Molina sold 15,000 shares of Molina Healthcare stock. The shares were sold at an average price of $75.82, for a total value of $1,137,300.00.
  • On Tuesday, October 3rd, J Mario Md Molina sold 15,000 shares of Molina Healthcare stock. The shares were sold at an average price of $67.73, for a total value of $1,015,950.00.

Shares of Molina Healthcare, Inc. (MOH) opened at $74.29 on Thursday. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.29 and a current ratio of 1.29. The firm has a market capitalization of $4,423.64, a P/E ratio of 24.06 and a beta of 0.97. Molina Healthcare, Inc. has a 1-year low of $42.56 and a 1-year high of $80.74.

Molina Healthcare (NYSE:MOH) last released its quarterly earnings data on Thursday, November 2nd. The company reported ($1.62) earnings per share for the quarter, missing analysts’ consensus estimates of $0.23 by ($1.85). The company had revenue of $5.03 billion for the quarter, compared to analyst estimates of $4.95 billion. Molina Healthcare had a negative net margin of 1.76% and a positive return on equity of 17.76%. The firm’s revenue for the quarter was up 10.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.85 earnings per share. equities research analysts predict that Molina Healthcare, Inc. will post -3.88 EPS for the current fiscal year.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Zions Bancorporation acquired a new stake in Molina Healthcare during the third quarter valued at approximately $118,000. LS Investment Advisors LLC raised its stake in shares of Molina Healthcare by 40.9% in the second quarter. LS Investment Advisors LLC now owns 1,829 shares of the company’s stock valued at $127,000 after acquiring an additional 531 shares during the last quarter. Tiedemann Wealth Management LLC raised its stake in shares of Molina Healthcare by 7.8% in the third quarter. Tiedemann Wealth Management LLC now owns 1,440,066 shares of the company’s stock valued at $135,000 after acquiring an additional 103,775 shares during the last quarter. Riverhead Capital Management LLC raised its stake in shares of Molina Healthcare by 64.2% in the second quarter. Riverhead Capital Management LLC now owns 2,463 shares of the company’s stock valued at $170,000 after acquiring an additional 963 shares during the last quarter. Finally, Sabal Trust CO bought a new position in shares of Molina Healthcare in the third quarter valued at approximately $206,000. 96.23% of the stock is currently owned by institutional investors.

A number of research firms recently weighed in on MOH. ValuEngine downgraded Molina Healthcare from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Zacks Investment Research raised Molina Healthcare from a “sell” rating to a “hold” rating in a research report on Monday, November 6th. Morgan Stanley lifted their target price on Molina Healthcare from $68.00 to $89.00 and gave the stock an “overweight” rating in a research report on Friday, November 3rd. Jefferies Group lifted their target price on Molina Healthcare from $64.00 to $74.00 and gave the stock a “hold” rating in a research report on Friday, November 3rd. Finally, Wolfe Research raised Molina Healthcare from a “market perform” rating to an “outperform” rating in a research report on Monday, October 23rd. Three analysts have rated the stock with a sell rating, ten have given a hold rating and five have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $64.30.

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Molina Healthcare Company Profile

Molina Healthcare, Inc offers Medicaid-related solutions for low-income families and individuals, and assists government agencies in their administration of the Medicaid program. The Company operates through three segments: Health Plans, Molina Medicaid Solutions and Other, which includes its Pathways Health and Community Support LLC (Pathways) business.

Insider Buying and Selling by Quarter for Molina Healthcare (NYSE:MOH)

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