Molina Healthcare, Inc. (NYSE:MOH) insider William Dentino sold 67,500 shares of the stock in a transaction that occurred on Wednesday, December 13th. The shares were sold at an average price of $74.24, for a total value of $5,011,200.00. The sale was disclosed in a document filed with the SEC, which is available through this link.

William Dentino also recently made the following trade(s):

  • On Monday, December 11th, William Dentino sold 22,500 shares of Molina Healthcare stock. The shares were sold at an average price of $74.13, for a total value of $1,667,925.00.
  • On Friday, November 17th, William Dentino sold 45,000 shares of Molina Healthcare stock. The shares were sold at an average price of $75.35, for a total value of $3,390,750.00.
  • On Wednesday, November 15th, William Dentino sold 67,500 shares of Molina Healthcare stock. The shares were sold at an average price of $77.15, for a total value of $5,207,625.00.
  • On Monday, October 16th, William Dentino sold 67,500 shares of Molina Healthcare stock. The shares were sold at an average price of $61.49, for a total value of $4,150,575.00.
  • On Wednesday, October 11th, William Dentino sold 22,500 shares of Molina Healthcare stock. The shares were sold at an average price of $63.96, for a total value of $1,439,100.00.

Molina Healthcare, Inc. (MOH) traded up $1.01 during trading hours on Wednesday, hitting $75.09. The company had a trading volume of 1,185,755 shares, compared to its average volume of 1,256,344. Molina Healthcare, Inc. has a 12-month low of $42.56 and a 12-month high of $80.74. 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 $4,215.25, a PE ratio of 22.93 and a beta of 0.97.

Molina Healthcare (NYSE:MOH) last posted its quarterly earnings results on Thursday, November 2nd. The company reported ($1.62) EPS 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 during the quarter, compared to analyst estimates of $4.95 billion. During the same period in the prior year, the business posted $0.85 EPS. Molina Healthcare’s revenue for the quarter was up 10.7% compared to the same quarter last year. sell-side analysts forecast that Molina Healthcare, Inc. will post -3.88 EPS for the current year.

A number of brokerages have commented on MOH. ValuEngine raised Molina Healthcare from a “hold” rating to a “buy” rating in a report on Thursday, November 9th. BMO Capital Markets began coverage on Molina Healthcare in a report on Monday, October 16th. They set a “market perform” rating and a $70.00 target price for the company. Mitsubishi UFJ Financial Group began coverage on Molina Healthcare in a report on Thursday, September 21st. They set a “neutral” rating and a $70.00 target price for the company. Raymond James Financial reissued a “hold” rating on shares of Molina Healthcare in a report on Friday, December 8th. Finally, Zacks Investment Research raised Molina Healthcare from a “sell” rating to a “hold” rating in a report on Monday, November 6th. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and five have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $64.30.

Large investors have recently bought and sold shares of the stock. Eagle Asset Management Inc. purchased a new position in Molina Healthcare in the second quarter worth approximately $7,007,000. State Board of Administration of Florida Retirement System grew its position in Molina Healthcare by 86.4% in the second quarter. State Board of Administration of Florida Retirement System now owns 40,338 shares of the company’s stock worth $2,791,000 after acquiring an additional 18,700 shares during the period. Pacer Advisors Inc. grew its position in Molina Healthcare by 5.1% in the second quarter. Pacer Advisors Inc. now owns 12,358 shares of the company’s stock worth $855,000 after acquiring an additional 598 shares during the period. Keybank National Association OH grew its position in Molina Healthcare by 10.5% in the second quarter. Keybank National Association OH now owns 41,333 shares of the company’s stock worth $2,859,000 after acquiring an additional 3,929 shares during the period. Finally, Scout Investments Inc. grew its position in Molina Healthcare by 36.6% in the second quarter. Scout Investments Inc. now owns 614,535 shares of the company’s stock worth $42,514,000 after acquiring an additional 164,677 shares during the period. 96.23% of the stock is owned by hedge funds and other institutional investors.

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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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