Molina Healthcare, Inc. (NYSE:MOH) Shares Bought by Aurora Investment Counsel

Aurora Investment Counsel lifted its position in shares of Molina Healthcare, Inc. (NYSE:MOH) by 1.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,342 shares of the company’s stock after acquiring an additional 117 shares during the period. Aurora Investment Counsel’s holdings in Molina Healthcare were worth $1,846,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. State Street Corp raised its holdings in shares of Molina Healthcare by 0.5% during the third quarter. State Street Corp now owns 2,614,311 shares of the company’s stock worth $900,787,000 after purchasing an additional 13,001 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in Molina Healthcare by 2.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 400,080 shares of the company’s stock worth $116,443,000 after acquiring an additional 10,002 shares during the last quarter. Los Angeles Capital Management LLC boosted its stake in Molina Healthcare by 166.1% in the fourth quarter. Los Angeles Capital Management LLC now owns 196,513 shares of the company’s stock valued at $57,195,000 after acquiring an additional 122,674 shares during the period. Swiss National Bank boosted its stake in Molina Healthcare by 0.3% in the third quarter. Swiss National Bank now owns 173,900 shares of the company’s stock valued at $59,919,000 after acquiring an additional 500 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. grew its holdings in shares of Molina Healthcare by 2.2% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 149,573 shares of the company’s stock valued at $43,533,000 after purchasing an additional 3,238 shares during the last quarter. 98.50% of the stock is currently owned by institutional investors.

Molina Healthcare Stock Down 1.4 %

Molina Healthcare stock opened at $310.50 on Friday. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 0.69. Molina Healthcare, Inc. has a 1-year low of $262.32 and a 1-year high of $423.92. The firm’s fifty day simple moving average is $297.31 and its 200-day simple moving average is $311.20. The company has a market capitalization of $17.23 billion, a P/E ratio of 15.20, a P/E/G ratio of 1.06 and a beta of 0.56.

Molina Healthcare (NYSE:MOH) last announced its quarterly earnings results on Wednesday, February 5th. The company reported $5.05 earnings per share for the quarter, missing analysts’ consensus estimates of $5.74 by ($0.69). Molina Healthcare had a return on equity of 28.13% and a net margin of 2.90%. Sell-side analysts forecast that Molina Healthcare, Inc. will post 24.4 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on MOH. JPMorgan Chase & Co. restated a “neutral” rating and set a $350.00 price objective (down previously from $378.00) on shares of Molina Healthcare in a research report on Tuesday, December 17th. StockNews.com downgraded shares of Molina Healthcare from a “buy” rating to a “hold” rating in a report on Monday. Barclays dropped their price objective on shares of Molina Healthcare from $372.00 to $339.00 and set an “equal weight” rating on the stock in a report on Friday, February 7th. Mizuho reduced their target price on shares of Molina Healthcare from $382.00 to $376.00 and set an “outperform” rating for the company in a research note on Monday, March 3rd. Finally, UBS Group dropped their price target on shares of Molina Healthcare from $374.00 to $325.00 and set a “neutral” rating on the stock in a research note on Friday, February 7th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $355.69.

Insiders Place Their Bets

In related news, Director Steven J. Orlando sold 1,000 shares of Molina Healthcare stock in a transaction on 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 owns 17,375 shares in the company, valued at $5,235,608.75. This trade represents a 5.44 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 1.11% of the company’s stock.

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.