1,405 Shares in Molina Healthcare, Inc. (NYSE:MOH) Acquired by Retireful LLC

Retireful LLC acquired a new stake in Molina Healthcare, Inc. (NYSE:MOH - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 1,405 shares of the company's stock, valued at approximately $454,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in MOH. GAMMA Investing LLC grew its position in shares of Molina Healthcare by 74,593.7% in the first quarter. GAMMA Investing LLC now owns 667,015 shares of the company's stock valued at $219,708,000 after purchasing an additional 666,122 shares during the period. Norges Bank purchased a new stake in shares of Molina Healthcare in the fourth quarter valued at $134,675,000. FMR LLC grew its position in shares of Molina Healthcare by 31.1% in the fourth quarter. FMR LLC now owns 1,801,113 shares of the company's stock valued at $524,214,000 after purchasing an additional 427,276 shares during the period. Voloridge Investment Management LLC grew its position in shares of Molina Healthcare by 1,641.3% in the fourth quarter. Voloridge Investment Management LLC now owns 409,807 shares of the company's stock valued at $119,274,000 after purchasing an additional 386,273 shares during the period. Finally, Invesco Ltd. grew its position in shares of Molina Healthcare by 28.5% in the fourth quarter. Invesco Ltd. now owns 1,327,021 shares of the company's stock valued at $386,229,000 after purchasing an additional 294,180 shares during the period. Hedge funds and other institutional investors own 98.50% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on MOH shares. Wall Street Zen raised Molina Healthcare from a "hold" rating to a "buy" rating in a research report on Friday, April 11th. Sanford C. Bernstein started coverage on Molina Healthcare in a research report on Tuesday, April 22nd. They set an "outperform" rating and a $414.00 price target for the company. Mizuho boosted their price target on Molina Healthcare from $376.00 to $400.00 and gave the company an "outperform" rating in a research report on Wednesday, April 9th. UBS Group lowered their price target on Molina Healthcare from $374.00 to $325.00 and set a "neutral" rating for the company in a research report on Friday, February 7th. Finally, Baird R W downgraded Molina Healthcare from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, April 15th. Nine research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $364.54.

Insider Buying and Selling

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

Molina Healthcare Stock Up 0.1%

Shares of NYSE:MOH traded up $0.32 during trading on Thursday, hitting $292.93. The company's stock had a trading volume of 441,722 shares, compared to its average volume of 684,948. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.62 and a current ratio of 1.62. Molina Healthcare, Inc. has a fifty-two week low of $262.32 and a fifty-two week high of $365.23. The stock's 50-day moving average price is $321.15 and its two-hundred day moving average price is $307.10. The company has a market capitalization of $15.88 billion, a PE ratio of 14.34, a PEG ratio of 1.06 and a beta of 0.63.

Molina Healthcare (NYSE:MOH - Get Free Report) last released its quarterly earnings results on Wednesday, April 23rd. The company reported $6.08 EPS for the quarter, topping 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 business had revenue of $11.15 billion for the quarter, compared to analysts' expectations of $10.86 billion. During the same quarter in the previous year, the firm posted $5.73 earnings per share. The company's revenue was up 12.2% compared to the same quarter last year. As a group, sell-side analysts expect that Molina Healthcare, Inc. will post 24.4 EPS for the current year.

Molina Healthcare 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.