Mufg Securities Americas Inc. Purchases Shares of 845 Molina Healthcare, Inc. (NYSE:MOH)

Mufg Securities Americas Inc. acquired a new stake in Molina Healthcare, Inc. (NYSE:MOH - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 845 shares of the company's stock, valued at approximately $246,000.

Several other large investors have also bought and sold shares of the business. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Molina Healthcare by 4.9% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,838 shares of the company's stock valued at $826,000 after purchasing an additional 132 shares during the period. Avanza Fonder AB bought a new stake in Molina Healthcare in the fourth quarter valued at about $1,398,000. Wedge Capital Management L L P NC boosted its holdings in Molina Healthcare by 5.0% during the fourth quarter. Wedge Capital Management L L P NC now owns 97,505 shares of the company's stock worth $28,379,000 after buying an additional 4,683 shares during the last quarter. Merit Financial Group LLC bought a new position in Molina Healthcare during the fourth quarter worth about $330,000. Finally, Brooklyn Investment Group increased its stake in shares of Molina Healthcare by 20.1% in the 4th quarter. Brooklyn Investment Group now owns 400 shares of the company's stock valued at $116,000 after acquiring an additional 67 shares during the last quarter. 98.50% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Steven J. Orlando sold 1,000 shares of the business's stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $301.33, for a total value of $301,330.00. Following the transaction, the director now directly owns 17,375 shares of the company's stock, valued at approximately $5,235,608.75. The trade was a 5.44% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Richard M. Schapiro sold 669 shares of the firm's stock in a transaction dated Tuesday, April 29th. The stock was sold at an average price of $320.50, for a total transaction of $214,414.50. Following 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 position. The disclosure for this sale can be found here. Insiders have sold 89,169 shares of company stock worth $28,520,995 in the last 90 days. Insiders own 1.26% of the company's stock.

Wall Street Analysts Forecast Growth

MOH has been the subject of a number of analyst reports. Guggenheim started coverage on shares of Molina Healthcare in a report on Wednesday, April 9th. They set a "neutral" rating for the company. UBS Group dropped their price objective on Molina Healthcare from $374.00 to $325.00 and set a "neutral" rating on the stock in a research note on Friday, February 7th. Baird R W downgraded Molina Healthcare from a "strong-buy" rating to a "hold" rating in a report on Tuesday, April 15th. Mizuho boosted their price objective on shares of Molina Healthcare from $376.00 to $400.00 and gave the company an "outperform" rating in a research report on Wednesday, April 9th. Finally, Robert W. Baird reissued a "neutral" rating and issued a $375.00 price target (up previously from $331.00) on shares of Molina Healthcare in a research note on Tuesday, April 15th. Nine investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, Molina Healthcare currently has a consensus rating of "Hold" and a consensus target price of $365.38.

Molina Healthcare Stock Performance

NYSE:MOH traded down $6.64 during mid-day trading on Thursday, hitting $312.98. 264,532 shares of the stock were exchanged, compared to its average volume of 687,364. Molina Healthcare, Inc. has a fifty-two week low of $262.32 and a fifty-two week high of $365.23. 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 stock has a market capitalization of $16.96 billion, a price-to-earnings ratio of 15.34, a price-to-earnings-growth ratio of 1.06 and a beta of 0.63. The firm's 50-day simple moving average is $324.82 and its 200 day simple moving average is $308.43.

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

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.