Molina Healthcare, Inc. (NYSE:MOH) Director John C. Molina sold 19,938 shares of the firm’s stock in a transaction on Monday, November 27th. The shares were sold at an average price of $75.27, for a total value of $1,500,733.26. Following the transaction, the director now owns 454,908 shares in the company, valued at approximately $34,240,925.16. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Molina Healthcare, Inc. (MOH) traded up $2.38 on Wednesday, reaching $77.37. The company’s stock had a trading volume of 1,216,300 shares, compared to its average volume of 1,257,332. Molina Healthcare, Inc. has a 52 week low of $42.56 and a 52 week high of $80.65. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.29 and a quick ratio of 1.29. The stock has a market capitalization of $4,410.00, a price-to-earnings ratio of 23.32 and a beta of 0.91.

Molina Healthcare (NYSE:MOH) last posted its earnings results on Thursday, November 2nd. The company reported ($1.62) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($1.85). The company had revenue of $5.03 billion during the quarter, compared to analysts’ expectations of $4.95 billion. Molina Healthcare had a negative net margin of 1.93% and a negative return on equity of 26.38%. Molina Healthcare’s revenue for the quarter was up 10.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.85 EPS. research analysts predict that Molina Healthcare, Inc. will post -3.88 earnings per share for the current fiscal year.

Several equities analysts have recently commented on the company. ValuEngine upgraded Molina Healthcare from a “hold” rating to a “buy” rating in a research note on Thursday, November 9th. Zacks Investment Research upgraded Molina Healthcare from a “sell” rating to a “hold” rating in a research note on Monday, November 6th. Morgan Stanley lifted their target price on Molina Healthcare from $68.00 to $89.00 and gave the company an “overweight” rating in a research note on Friday, November 3rd. Jefferies Group lifted their target price on Molina Healthcare from $64.00 to $74.00 and gave the company a “hold” rating in a research note on Friday, November 3rd. Finally, Wolfe Research upgraded Molina Healthcare from a “market perform” rating to an “outperform” rating in a research note on Monday, October 23rd. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and six have issued a buy rating to the stock. Molina Healthcare presently has a consensus rating of “Hold” and an average price target of $64.30.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in Molina Healthcare by 0.4% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 6,240 shares of the company’s stock worth $432,000 after acquiring an additional 23 shares in the last quarter. Nisa Investment Advisors LLC boosted its holdings in Molina Healthcare by 2.7% in the second quarter. Nisa Investment Advisors LLC now owns 5,660 shares of the company’s stock worth $392,000 after acquiring an additional 150 shares in the last quarter. Retirement Systems of Alabama boosted its holdings in Molina Healthcare by 0.3% in the second quarter. Retirement Systems of Alabama now owns 55,116 shares of the company’s stock worth $3,813,000 after acquiring an additional 167 shares in the last quarter. Amalgamated Bank boosted its holdings in Molina Healthcare by 4.3% in the second quarter. Amalgamated Bank now owns 6,237 shares of the company’s stock worth $431,000 after acquiring an additional 258 shares in the last quarter. Finally, Arizona State Retirement System boosted its holdings in Molina Healthcare by 1.7% in the second quarter. Arizona State Retirement System now owns 18,000 shares of the company’s stock worth $1,245,000 after acquiring an additional 300 shares in the last quarter. 96.23% of the stock is owned by institutional investors and hedge funds.

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About Molina Healthcare

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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