Molina Healthcare, Inc. (NYSE:MOH) Director J Mario Md Molina sold 15,000 shares of the company’s stock in a transaction that occurred on 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 SEC, which is accessible 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. (NYSE:MOH) traded down $0.97 during trading on Tuesday, hitting $76.51. The stock had a trading volume of 473,810 shares, compared to its average volume of 1,255,741. Molina Healthcare, Inc. has a fifty-two week low of $42.56 and a fifty-two week high of $80.74. The firm has a market cap of $4,410.00, a PE ratio of 24.26 and a beta of 0.97. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.29 and a quick ratio of 1.29.

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

A number of hedge funds have recently modified their holdings of MOH. Zions Bancorporation bought a new position in Molina Healthcare in the 3rd quarter worth approximately $118,000. LS Investment Advisors LLC grew its holdings in Molina Healthcare by 40.9% in the 2nd quarter. LS Investment Advisors LLC now owns 1,829 shares of the company’s stock worth $127,000 after buying an additional 531 shares in the last quarter. Tiedemann Wealth Management LLC grew its holdings in Molina Healthcare by 7.8% in the 3rd quarter. Tiedemann Wealth Management LLC now owns 1,440,066 shares of the company’s stock worth $135,000 after buying an additional 103,775 shares in the last quarter. Riverhead Capital Management LLC grew its holdings in Molina Healthcare by 64.2% in the 2nd quarter. Riverhead Capital Management LLC now owns 2,463 shares of the company’s stock worth $170,000 after buying an additional 963 shares in the last quarter. Finally, Sabal Trust CO bought a new position in Molina Healthcare in the 3rd quarter worth approximately $206,000. 96.23% of the stock is owned by institutional investors and hedge funds.

Several analysts have issued reports on the company. Zacks Investment Research upgraded Molina Healthcare from a “sell” rating to a “hold” rating in a research note on Monday, November 6th. Morgan Stanley increased their price target on Molina Healthcare from $68.00 to $89.00 and gave the stock an “overweight” rating in a research report on Friday, November 3rd. ValuEngine cut Molina Healthcare from a “buy” rating to a “hold” rating in a research report on Friday. Jefferies Group increased their price target 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 upgraded 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. The company has an average rating of “Hold” and a consensus target price 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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