4,195 Shares in Molina Healthcare, Inc $MOH Acquired by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. acquired a new stake in Molina Healthcare, Inc (NYSE:MOH) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 4,195 shares of the company’s stock, valued at approximately $959,000.

A number of other hedge funds have also recently added to or reduced their stakes in MOH. BlackRock Inc. bought a new stake in shares of Molina Healthcare during the second quarter worth $1,503,052,000. AQR Capital Management LLC lifted its stake in shares of Molina Healthcare by 217.0% in the 3rd quarter. AQR Capital Management LLC now owns 2,934,130 shares of the company’s stock valued at $561,475,000 after acquiring an additional 2,008,458 shares during the last quarter. T. Rowe Price Investment Management Inc. lifted its stake in shares of Molina Healthcare by 10.2% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,171,433 shares of the company’s stock valued at $376,831,000 after acquiring an additional 201,772 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of Molina Healthcare by 24.2% during the 4th quarter. Invesco Ltd. now owns 1,690,981 shares of the company’s stock valued at $293,453,000 after acquiring an additional 329,679 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its holdings in shares of Molina Healthcare by 46.4% during the 4th quarter. Victory Capital Management Inc. now owns 1,410,604 shares of the company’s stock valued at $244,796,000 after acquiring an additional 447,078 shares in the last quarter. Institutional investors and hedge funds own 98.50% of the company’s stock.

Molina Healthcare Price Performance

Shares of NYSE:MOH opened at $199.79 on Wednesday. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.68 and a current ratio of 1.68. Molina Healthcare, Inc has a 52 week low of $121.06 and a 52 week high of $244.89. The firm has a market cap of $10.43 billion, a PE ratio of -1,109.88, a price-to-earnings-growth ratio of 28.44 and a beta of 0.75. The firm’s fifty day moving average is $211.20 and its 200-day moving average is $178.83.

Molina Healthcare (NYSE:MOH) last posted its quarterly earnings data on Wednesday, July 22nd. The company reported $1.51 earnings per share for the quarter, beating analysts’ consensus estimates of $1.39 by $0.12. The business had revenue of $10.87 billion during the quarter, compared to the consensus estimate of $10.83 billion. Molina Healthcare had a positive return on equity of 3.73% and a negative net margin of 0.02%.Molina Healthcare’s quarterly revenue was down 4.8% on a year-over-year basis. During the same period in the prior year, the business posted $5.48 earnings per share. Sell-side analysts predict that Molina Healthcare, Inc will post 5.29 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have issued reports on MOH shares. Robert W. Baird upped their target price on Molina Healthcare from $124.00 to $163.00 and gave the stock a “neutral” rating in a report on Monday, May 11th. Wall Street Zen upgraded Molina Healthcare from a “sell” rating to a “hold” rating in a research report on Saturday, May 2nd. Royal Bank Of Canada cut their price target on Molina Healthcare from $248.00 to $218.00 and set a “sector perform” rating on the stock in a research note on Friday, July 24th. Morgan Stanley boosted their price target on Molina Healthcare from $146.00 to $167.00 and gave the stock an “equal weight” rating in a report on Thursday, June 4th. Finally, UBS Group upped their price objective on Molina Healthcare from $180.00 to $202.00 and gave the company a “neutral” rating in a research note on Friday, May 22nd. Three investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $202.44.

Molina Healthcare Profile

Molina Healthcare, Inc is a managed care company specializing in government-sponsored health insurance programs. The company offers Medicaid managed care plans, Medicare Advantage and prescription drug plans, and individual Marketplace plans under the Affordable Care Act. Through an integrated care model, Molina emphasizes preventive and primary care services, care coordination, and disease management to improve health outcomes for its members.

The company traces its roots to the early 1980s, when Dr.