Molina Healthcare Inc (NYSE:MOH) Director J Mario Md Molina sold 15,000 shares of the company’s stock in a transaction dated Tuesday, October 3rd. The stock was sold at an average price of $67.73, for a total transaction of $1,015,950.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

  • On Tuesday, September 5th, J Mario Md Molina sold 15,000 shares of Molina Healthcare stock. The stock was sold at an average price of $64.75, for a total transaction of $971,250.00.
  • On Wednesday, August 2nd, J Mario Md Molina sold 15,000 shares of Molina Healthcare stock. The stock was sold at an average price of $66.67, for a total transaction of $1,000,050.00.

Molina Healthcare Inc (NYSE:MOH) traded up 0.601% on Friday, hitting $67.775. 724,753 shares of the stock were exchanged. The stock’s market cap is $3.87 billion. The company has a 50-day moving average of $64.39 and a 200-day moving average of $62.04. Molina Healthcare Inc has a 12 month low of $42.56 and a 12 month high of $72.79.

Molina Healthcare (NYSE:MOH) last announced its earnings results on Wednesday, August 2nd. The company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.86 by ($0.87). The business had revenue of $5 billion for the quarter, compared to the consensus estimate of $4.88 billion. Molina Healthcare had a negative net margin of 1.07% and a positive return on equity of 16.10%. The business’s quarterly revenue was up 14.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.67 earnings per share. On average, equities analysts predict that Molina Healthcare Inc will post ($2.70) EPS for the current year.

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A number of brokerages have issued reports on MOH. Zacks Investment Research downgraded shares of Molina Healthcare from a “hold” rating to a “sell” rating in a research report on Tuesday. Mitsubishi UFJ Financial Group began coverage on shares of Molina Healthcare in a research report on Thursday, September 21st. They issued a “neutral” rating and a $70.00 price objective for the company. Morgan Stanley raised shares of Molina Healthcare from an “underweight” rating to an “overweight” rating and upped their price objective for the stock from $65.00 to $68.00 in a research report on Thursday, August 17th. TheStreet downgraded shares of Molina Healthcare from a “b” rating to a “c” rating in a research report on Monday, August 7th. Finally, Deutsche Bank AG reaffirmed a “hold” rating and issued a $72.00 price objective on shares of Molina Healthcare in a research report on Wednesday, August 9th. Four analysts have rated the stock with a sell rating, nine have issued a hold rating and four have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $62.25.

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. grew its position in Molina Healthcare by 1.9% during the second quarter. Vanguard Group Inc. now owns 3,619,435 shares of the company’s stock valued at $250,392,000 after buying an additional 66,206 shares during the period. Dimensional Fund Advisors LP grew its position in Molina Healthcare by 12.8% during the first quarter. Dimensional Fund Advisors LP now owns 2,488,977 shares of the company’s stock valued at $113,498,000 after buying an additional 282,144 shares during the period. Redmile Group LLC grew its position in Molina Healthcare by 42.7% during the first quarter. Redmile Group LLC now owns 1,149,727 shares of the company’s stock valued at $52,428,000 after buying an additional 344,181 shares during the period. Epoch Investment Partners Inc. grew its position in Molina Healthcare by 16.9% during the first quarter. Epoch Investment Partners Inc. now owns 923,361 shares of the company’s stock valued at $42,105,000 after buying an additional 133,412 shares during the period. Finally, Northern Trust Corp grew its position in Molina Healthcare by 14.5% during the second quarter. Northern Trust Corp now owns 900,946 shares of the company’s stock valued at $62,328,000 after buying an additional 113,808 shares during the period. Institutional investors own 96.04% of the company’s stock.

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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