Universal Beteiligungs und Servicegesellschaft mbH Takes Position in Molina Healthcare, Inc. (NYSE:MOH)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in Molina Healthcare, Inc. (NYSE:MOH - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 55,296 shares of the company's stock, valued at approximately $16,094,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.10% of Molina Healthcare as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Norges Bank purchased a new stake in Molina Healthcare during the fourth quarter valued at about $134,675,000. FMR LLC raised its position in Molina Healthcare by 31.1% during 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 in the last quarter. Voloridge Investment Management LLC raised its position in Molina Healthcare by 1,641.3% during 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 in the last quarter. Invesco Ltd. lifted its stake in shares of Molina Healthcare by 28.5% in the 4th quarter. Invesco Ltd. now owns 1,327,021 shares of the company's stock valued at $386,229,000 after acquiring an additional 294,180 shares during the last quarter. Finally, Wellington Management Group LLP lifted its stake in shares of Molina Healthcare by 7.4% in the 4th quarter. Wellington Management Group LLP now owns 2,632,232 shares of the company's stock valued at $766,111,000 after acquiring an additional 181,073 shares during the last quarter. Hedge funds and other institutional investors own 98.50% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on MOH shares. Mizuho boosted their target price on Molina Healthcare from $376.00 to $400.00 and gave the company an "outperform" rating in a research note on Wednesday, April 9th. Barclays boosted their price target on Molina Healthcare from $339.00 to $362.00 and gave the company an "equal weight" rating in a report on Friday, April 25th. Robert W. Baird reiterated a "neutral" rating and issued a $375.00 price objective (up from $331.00) on shares of Molina Healthcare in a research report on Tuesday, April 15th. Wall Street Zen raised Molina Healthcare from a "hold" rating to a "buy" rating in a research note on Friday, April 11th. Finally, Wells Fargo & Company upgraded shares of 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 report on Wednesday, March 5th. Nine investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $365.38.

Molina Healthcare Stock Up 0.5%

Shares of MOH traded up $1.55 during mid-day trading on Friday, reaching $305.42. The company had a trading volume of 1,008,212 shares, compared to its average volume of 684,748. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.62 and a current ratio of 1.62. The firm has a 50-day moving average price of $323.63 and a 200 day moving average price of $307.26. Molina Healthcare, Inc. has a 52 week low of $262.32 and a 52 week high of $365.23. The company has a market capitalization of $16.55 billion, a price-to-earnings ratio of 14.95, a price-to-earnings-growth ratio of 1.06 and a beta of 0.63.

Molina Healthcare (NYSE:MOH - Get Free Report) last issued its quarterly earnings results on Wednesday, April 23rd. The company reported $6.08 EPS for the quarter, topping analysts' consensus estimates 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 period in the previous year, the firm posted $5.73 EPS. The business's revenue for the quarter was up 12.2% compared to the same quarter last year. On average, sell-side analysts forecast that Molina Healthcare, Inc. will post 24.4 EPS for the current year.

Insider Activity at Molina Healthcare

In other news, Director Steven J. Orlando sold 1,000 shares of the company's stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $301.33, for a total value of $301,330.00. Following the completion of the sale, the director now directly owns 17,375 shares in the company, valued at $5,235,608.75. This represents a 5.44% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Richard M. Schapiro sold 669 shares of the company's stock in a transaction on Tuesday, April 29th. The stock was 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 owns 11,244 shares of the company's stock, 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. In the last three months, insiders have sold 89,169 shares of company stock valued at $28,520,995. 1.10% of the stock is owned by corporate insiders.

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.