5,059 Shares in Molina Healthcare, Inc. (NYSE:MOH) Purchased by B. Metzler seel. Sohn & Co. Holding AG

B. Metzler seel. Sohn & Co. Holding AG acquired a new position in Molina Healthcare, Inc. (NYSE:MOH - Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 5,059 shares of the company's stock, valued at approximately $1,743,000.

Several other hedge funds have also bought and sold shares of MOH. Bessemer Group Inc. boosted its position in Molina Healthcare by 2.6% in the 1st quarter. Bessemer Group Inc. now owns 2,896 shares of the company's stock worth $1,190,000 after purchasing an additional 74 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund purchased a new position in shares of Molina Healthcare during the 1st quarter valued at approximately $206,000. Toronto Dominion Bank lifted its position in shares of Molina Healthcare by 1.7% during the 1st quarter. Toronto Dominion Bank now owns 33,193 shares of the company's stock valued at $13,637,000 after buying an additional 541 shares in the last quarter. Lazard Asset Management LLC lifted its position in shares of Molina Healthcare by 19.6% during the 1st quarter. Lazard Asset Management LLC now owns 17,975 shares of the company's stock valued at $7,383,000 after buying an additional 2,940 shares in the last quarter. Finally, Bellevue Group AG lifted its position in shares of Molina Healthcare by 9.2% during the 1st quarter. Bellevue Group AG now owns 99,883 shares of the company's stock valued at $41,035,000 after buying an additional 8,407 shares in the last quarter. Hedge funds and other institutional investors own 98.50% of the company's stock.

Molina Healthcare Trading Down 1.8 %

Shares of MOH traded down $5.28 during midday trading on Friday, reaching $290.79. The company had a trading volume of 708,298 shares, compared to its average volume of 786,554. Molina Healthcare, Inc. has a 1-year low of $272.69 and a 1-year high of $423.92. The stock has a market cap of $16.63 billion, a PE ratio of 14.77, a price-to-earnings-growth ratio of 1.02 and a beta of 0.59. The firm has a 50 day simple moving average of $323.09 and a 200-day simple moving average of $324.03. The company has a quick ratio of 1.55, a current ratio of 1.54 and a debt-to-equity ratio of 0.53.

Molina Healthcare (NYSE:MOH - Get Free Report) last issued its earnings results on Wednesday, October 23rd. The company reported $6.01 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $5.96 by $0.05. The business had revenue of $10.34 billion during the quarter, compared to the consensus estimate of $9.92 billion. Molina Healthcare had a return on equity of 27.88% and a net margin of 2.92%. The company's revenue for the quarter was up 21.0% on a year-over-year basis. During the same period last year, the company earned $5.05 EPS. Research analysts forecast that Molina Healthcare, Inc. will post 23.44 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on MOH shares. Cantor Fitzgerald reiterated an "overweight" rating and set a $406.00 target price on shares of Molina Healthcare in a research report on Thursday, October 24th. Deutsche Bank Aktiengesellschaft decreased their target price on Molina Healthcare from $354.00 to $353.00 and set a "hold" rating on the stock in a research report on Monday, July 29th. Robert W. Baird decreased their target price on Molina Healthcare from $405.00 to $331.00 and set an "outperform" rating on the stock in a research report on Thursday, October 24th. StockNews.com raised Molina Healthcare from a "hold" rating to a "buy" rating in a research note on Friday, October 18th. Finally, Wells Fargo & Company increased their price objective on Molina Healthcare from $360.00 to $362.00 and gave the company an "equal weight" rating in a research note on Monday, November 4th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $367.17.

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.