Molina Healthcare, Inc. (NYSE:MOH) insider Jeff D. Barlow sold 3,823 shares of the business’s stock in a transaction that occurred on Monday, August 27th. The stock was sold at an average price of $139.22, for a total value of $532,238.06. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

NYSE:MOH opened at $140.16 on Wednesday. The company has a current ratio of 1.38, a quick ratio of 1.38 and a debt-to-equity ratio of 0.73. The company has a market capitalization of $8.53 billion, a P/E ratio of 25.43, a P/E/G ratio of 1.35 and a beta of 1.22. Molina Healthcare, Inc. has a 12 month low of $58.66 and a 12 month high of $141.12.

Molina Healthcare (NYSE:MOH) last issued its earnings results on Tuesday, July 31st. The company reported $3.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.09 by $1.99. Molina Healthcare had a negative net margin of 0.26% and a positive return on equity of 23.01%. The business had revenue of $4.88 billion for the quarter, compared to analysts’ expectations of $4.67 billion. During the same quarter in the previous year, the firm posted ($4.01) EPS. The business’s revenue for the quarter was down 2.3% compared to the same quarter last year. sell-side analysts expect that Molina Healthcare, Inc. will post 6.67 EPS for the current year.

A number of hedge funds have recently modified their holdings of MOH. ARP Americas LP bought a new stake in Molina Healthcare during the 1st quarter valued at $1,510,000. Copernicus Capital Management LLC raised its holdings in Molina Healthcare by 98.7% during the 1st quarter. Copernicus Capital Management LLC now owns 93,382 shares of the company’s stock valued at $7,581,000 after acquiring an additional 46,382 shares during the period. Comerica Bank raised its holdings in Molina Healthcare by 4.9% during the 1st quarter. Comerica Bank now owns 36,151 shares of the company’s stock valued at $3,067,000 after acquiring an additional 1,701 shares during the period. Victory Capital Management Inc. raised its holdings in Molina Healthcare by 17.1% during the 1st quarter. Victory Capital Management Inc. now owns 1,862,307 shares of the company’s stock valued at $151,182,000 after acquiring an additional 271,898 shares during the period. Finally, State Board of Administration of Florida Retirement System raised its holdings in Molina Healthcare by 2.8% during the 1st quarter. State Board of Administration of Florida Retirement System now owns 24,447 shares of the company’s stock valued at $1,985,000 after acquiring an additional 669 shares during the period.

A number of research firms recently commented on MOH. Barclays lifted their price target on shares of Molina Healthcare from $105.00 to $125.00 and gave the stock an “equal weight” rating in a report on Thursday, August 2nd. Bank of America lifted their price target on shares of Molina Healthcare from $94.00 to $110.00 and gave the stock an “underperform” rating in a report on Wednesday, August 1st. BMO Capital Markets lifted their price target on shares of Molina Healthcare from $85.00 to $94.00 and gave the stock a “market perform” rating in a report on Friday, June 1st. SunTrust Banks lifted their price target on shares of Molina Healthcare to $120.00 and gave the stock a “buy” rating in a report on Tuesday, July 10th. Finally, Zacks Investment Research raised shares of Molina Healthcare from a “hold” rating to a “buy” rating and set a $120.00 price target on the stock in a report on Tuesday, July 24th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $110.62.

Molina Healthcare Company Profile

Molina Healthcare, Inc provides Medicaid-related solutions to meet the health care needs of low-income families and individuals; and to assist state agencies in their administration of the Medicaid program in the United States. It operates through three segments: Health Plans, Molina Medicaid Solutions, and Other.

Read More: Investing in Growth Stocks

Insider Buying and Selling by Quarter for Molina Healthcare (NYSE:MOH)

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