Molina Healthcare, Inc. (NYSE:MOH) has been assigned a consensus rating of “Hold” from the twenty research firms that are presently covering the stock, MarketBeat reports. Three research analysts have rated the stock with a sell recommendation, eleven have issued a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $63.96.

Several brokerages have weighed in on MOH. Raymond James Financial restated a “hold” rating on shares of Molina Healthcare in a research note on Friday. ValuEngine cut Molina Healthcare from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Zacks Investment Research upgraded Molina Healthcare from a “sell” rating to a “hold” rating in a research note on Monday, November 6th. Mitsubishi UFJ Financial Group began coverage on Molina Healthcare in a research note on Thursday, September 21st. They set a “neutral” rating and a $70.00 price objective on the stock. Finally, Morgan Stanley upgraded Molina Healthcare from an “underweight” rating to an “overweight” rating and raised their price objective for the company from $65.00 to $68.00 in a research note on Thursday, August 17th.

Shares of Molina Healthcare (NYSE MOH) traded up $0.17 during trading hours on Friday, reaching $74.46. The company’s stock had a trading volume of 2,632,400 shares, compared to its average volume of 1,259,724. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 1.06. Molina Healthcare has a fifty-two week low of $42.56 and a fifty-two week high of $80.74. The company has a market cap of $4,290.00, a PE ratio of 23.07 and a beta of 0.97.

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

In related news, Director John C. Molina sold 19,938 shares of Molina Healthcare stock in a transaction dated Monday, November 27th. The stock was sold at an average price of $75.27, for a total value of $1,500,733.26. Following the completion of the sale, the director now owns 454,908 shares of the company’s stock, valued at approximately $34,240,925.16. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director J Mario Md Molina sold 15,000 shares of Molina Healthcare stock in a transaction dated Monday, December 4th. The stock was sold at an average price of $78.52, for a total value of $1,177,800.00. The disclosure for this sale can be found here. Insiders have sold a total of 407,523 shares of company stock worth $28,505,592 over the last quarter. Company insiders own 6.20% of the company’s stock.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Eagle Asset Management Inc. purchased a new stake in Molina Healthcare in the 2nd quarter worth about $7,007,000. State Board of Administration of Florida Retirement System grew its holdings in Molina Healthcare by 86.4% during the 2nd quarter. State Board of Administration of Florida Retirement System now owns 40,338 shares of the company’s stock valued at $2,791,000 after buying an additional 18,700 shares in the last quarter. Pacer Advisors Inc. grew its holdings in Molina Healthcare by 5.1% during the 2nd quarter. Pacer Advisors Inc. now owns 12,358 shares of the company’s stock valued at $855,000 after buying an additional 598 shares in the last quarter. Keybank National Association OH grew its holdings in Molina Healthcare by 10.5% during the 2nd quarter. Keybank National Association OH now owns 41,333 shares of the company’s stock valued at $2,859,000 after buying an additional 3,929 shares in the last quarter. Finally, Scout Investments Inc. grew its holdings in Molina Healthcare by 36.6% during the 2nd quarter. Scout Investments Inc. now owns 614,535 shares of the company’s stock valued at $42,514,000 after buying an additional 164,677 shares in the last quarter. 96.23% of the stock is owned by institutional investors.

ILLEGAL ACTIVITY NOTICE: “Molina Healthcare, Inc. (MOH) Given Consensus Recommendation of “Hold” by Analysts” was published by American Banking News and is owned by of American Banking News. If you are viewing this news story on another site, it was illegally copied and republished in violation of United States & international trademark & copyright laws. The original version of this news story can be viewed at https://www.americanbankingnews.com/2017/12/08/molina-healthcare-inc-moh-given-consensus-recommendation-of-hold-by-analysts.html.

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.

Analyst Recommendations for Molina Healthcare (NYSE:MOH)

Receive News & Ratings for Molina Healthcare Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Molina Healthcare Inc. and related companies with MarketBeat.com's FREE daily email newsletter.