Mufg Securities Americas Inc. Makes New $246,000 Investment in Molina Healthcare, Inc. (NYSE:MOH)

Mufg Securities Americas Inc. purchased a new stake in Molina Healthcare, Inc. (NYSE:MOH - Free Report) in the 4th quarter, according to its most recent filing with the SEC. The fund purchased 845 shares of the company's stock, valued at approximately $246,000.

Several other institutional investors also recently bought and sold shares of the business. Waldron Private Wealth LLC increased its holdings in shares of Molina Healthcare by 4.7% during the 4th quarter. Waldron Private Wealth LLC now owns 729 shares of the company's stock worth $212,000 after buying an additional 33 shares during the last quarter. Angeles Investment Advisors LLC increased its holdings in shares of Molina Healthcare by 5.4% during the 4th quarter. Angeles Investment Advisors LLC now owns 838 shares of the company's stock worth $244,000 after buying an additional 43 shares during the last quarter. Coldstream Capital Management Inc. increased its holdings in shares of Molina Healthcare by 2.1% during the 4th quarter. Coldstream Capital Management Inc. now owns 2,346 shares of the company's stock worth $683,000 after buying an additional 48 shares during the last quarter. Lindbrook Capital LLC increased its holdings in shares of Molina Healthcare by 38.5% during the 4th quarter. Lindbrook Capital LLC now owns 205 shares of the company's stock worth $60,000 after buying an additional 57 shares during the last quarter. Finally, Laird Norton Wetherby Wealth Management LLC increased its holdings in shares of Molina Healthcare by 7.1% during the 4th quarter. Laird Norton Wetherby Wealth Management LLC now owns 877 shares of the company's stock worth $255,000 after buying an additional 58 shares during the last quarter. 98.50% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Stephens reiterated an "equal weight" rating and issued a $345.00 price target on shares of Molina Healthcare in a report on Thursday, February 6th. StockNews.com upgraded Molina Healthcare from a "hold" rating to a "buy" rating in a research report on Friday, April 11th. UBS Group decreased their target price on Molina Healthcare from $374.00 to $325.00 and set a "neutral" rating on the stock in a report on Friday, February 7th. Wells Fargo & Company upgraded Molina Healthcare from an "equal weight" rating to an "overweight" rating and lifted their target price for the stock from $295.00 to $372.00 in a report on Wednesday, March 5th. Finally, Mizuho lifted their target price on Molina Healthcare from $376.00 to $400.00 and gave the stock an "outperform" rating in a report on Wednesday, April 9th. Nine analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $365.38.

Insiders Place Their Bets

In related news, Director Richard M. Schapiro sold 669 shares of the business's stock in a transaction dated 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 transaction, the director now owns 11,244 shares of the company's stock, valued at $3,603,702. The trade was a 5.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Steven J. Orlando sold 1,000 shares of Molina Healthcare stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $301.33, for a total transaction of $301,330.00. Following the completion of the transaction, the director now directly owns 17,375 shares in the company, valued at $5,235,608.75. This trade represents a 5.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 89,169 shares of company stock worth $28,520,995 over the last three months. Insiders own 1.10% of the company's stock.

Molina Healthcare Trading Up 0.3%

Shares of MOH traded up $1.03 during trading hours on Tuesday, reaching $326.38. The stock had a trading volume of 522,052 shares, compared to its average volume of 688,395. The firm has a 50-day moving average of $324.27 and a 200 day moving average of $308.22. Molina Healthcare, Inc. has a 52 week low of $262.32 and a 52 week high of $365.23. The company has a market cap of $17.69 billion, a P/E ratio of 15.98, a P/E/G ratio of 1.06 and a beta of 0.63. 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 announced its quarterly earnings data 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 company had revenue of $11.15 billion during the quarter, compared to analysts' expectations of $10.86 billion. During the same quarter last year, the company earned $5.73 EPS. Molina Healthcare's revenue for the quarter was up 12.2% compared to the same quarter last year. On average, sell-side analysts expect that Molina Healthcare, Inc. will post 24.4 earnings per share for the current fiscal 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.