Mn Services Vermogensbeheer B.V. Has $6.95 Million Stock Position in Molina Healthcare, Inc. (NYSE:MOH)

Mn Services Vermogensbeheer B.V. reduced its stake in shares of Molina Healthcare, Inc. (NYSE:MOH - Free Report) by 9.1% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 21,100 shares of the company's stock after selling 2,100 shares during the quarter. Mn Services Vermogensbeheer B.V.'s holdings in Molina Healthcare were worth $6,950,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Savant Capital LLC acquired a new stake in Molina Healthcare in the fourth quarter valued at about $225,000. Valeo Financial Advisors LLC acquired a new stake in Molina Healthcare in the fourth quarter valued at about $344,000. State of New Jersey Common Pension Fund D boosted its stake in Molina Healthcare by 1.4% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 21,551 shares of the company's stock valued at $6,272,000 after buying an additional 307 shares in the last quarter. CIBC Asset Management Inc boosted its stake in Molina Healthcare by 2.7% in the fourth quarter. CIBC Asset Management Inc now owns 8,765 shares of the company's stock valued at $2,551,000 after buying an additional 228 shares in the last quarter. Finally, Venturi Wealth Management LLC boosted its stake in Molina Healthcare by 482.4% in the fourth quarter. Venturi Wealth Management LLC now owns 297 shares of the company's stock valued at $86,000 after buying an additional 246 shares in the last quarter. 98.50% of the stock is owned by institutional investors and hedge funds.

Molina Healthcare Stock Performance

NYSE:MOH opened at $290.17 on Tuesday. The business's 50-day moving average price is $315.31 and its two-hundred day moving average price is $307.29. Molina Healthcare, Inc. has a twelve month low of $262.32 and a twelve month high of $365.23. The stock has a market cap of $15.73 billion, a P/E ratio of 14.20, a PEG ratio of 1.06 and a beta of 0.56. The company has a quick ratio of 1.62, a current ratio of 1.62 and a debt-to-equity ratio of 0.69.

Molina Healthcare (NYSE:MOH - Get Free Report) last released its quarterly earnings results on Wednesday, April 23rd. The company reported $6.08 earnings per share for the quarter, beating the consensus estimate of $5.96 by $0.12. Molina Healthcare had a return on equity of 28.13% and a net margin of 2.90%. The firm had revenue of $11.15 billion for the quarter, compared to analysts' expectations of $10.86 billion. During the same quarter last year, the firm posted $5.73 EPS. The company's revenue was up 12.2% compared to the same quarter last year. As a group, equities analysts predict that Molina Healthcare, Inc. will post 24.4 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms recently weighed in on MOH. Barclays reduced their price objective on Molina Healthcare from $351.00 to $347.00 and set an "equal weight" rating on the stock in a research note on Monday, June 9th. Wall Street Zen raised Molina Healthcare from a "hold" rating to a "buy" rating in a research note on Friday, April 11th. Wells Fargo & Company raised Molina Healthcare from an "equal weight" rating to an "overweight" rating and lifted their price target for the company from $295.00 to $372.00 in a research note on Wednesday, March 5th. Mizuho lifted their price target on Molina Healthcare from $376.00 to $400.00 and gave the company an "outperform" rating in a research note on Wednesday, April 9th. Finally, Baird R W lowered Molina Healthcare from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 15th. Nine analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $364.21.

Insider Activity

In other news, CEO Joseph M. Zubretsky sold 87,500 shares of the stock in a transaction dated Wednesday, April 30th. The stock was sold at an average price of $320.06, for a total transaction of $28,005,250.00. Following the transaction, the chief executive officer now directly owns 257,715 shares in the company, valued at approximately $82,484,262.90. This represents a 25.35% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Richard M. Schapiro sold 669 shares of the stock in a transaction dated Tuesday, April 29th. The shares were sold at an average price of $320.50, for a total value of $214,414.50. Following the transaction, the director now owns 11,244 shares in the company, valued at $3,603,702. This trade represents a 5.62% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.10% of the company's stock.

Molina Healthcare Company Profile

Molina Healthcare, Inc provides managed healthcare services to low-income families and individuals under the Medicaid and Medicare programs and through the state insurance marketplaces. It operates in four segments: Medicaid, Medicare, Marketplace, and Other. The company served in across 19 states. The company was founded in 1980 and is headquartered in Long Beach, California.

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