Molina Healthcare, Inc. (NYSE:MOH) Shares Sold by BNP PARIBAS ASSET MANAGEMENT Holding S.A.

BNP PARIBAS ASSET MANAGEMENT Holding S.A. trimmed its holdings in Molina Healthcare, Inc. (NYSE:MOH - Free Report) by 78.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,180 shares of the company's stock after selling 51,968 shares during the quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A.'s holdings in Molina Healthcare were worth $4,886,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the business. Custom Index Systems LLC increased its holdings in shares of Molina Healthcare by 5.0% in the 2nd quarter. Custom Index Systems LLC now owns 690 shares of the company's stock valued at $205,000 after acquiring an additional 33 shares during the period. WCM Investment Management LLC increased its stake in Molina Healthcare by 3.4% in the 3rd quarter. WCM Investment Management LLC now owns 1,080 shares of the company's stock valued at $369,000 after buying an additional 36 shares during the period. Metis Global Partners LLC increased its stake in Molina Healthcare by 1.4% in the 3rd quarter. Metis Global Partners LLC now owns 2,785 shares of the company's stock valued at $960,000 after buying an additional 39 shares during the period. AlphaMark Advisors LLC increased its stake in Molina Healthcare by 1.1% in the 2nd quarter. AlphaMark Advisors LLC now owns 3,543 shares of the company's stock valued at $1,053,000 after buying an additional 40 shares during the period. Finally, Caprock Group LLC increased its stake in Molina Healthcare by 3.3% in the 3rd quarter. Caprock Group LLC now owns 1,460 shares of the company's stock valued at $503,000 after buying an additional 47 shares during the period. 98.50% of the stock is owned by institutional investors and hedge funds.

Molina Healthcare Trading Up 2.5 %

NYSE:MOH traded up $7.31 on Monday, reaching $298.10. The stock had a trading volume of 1,250,633 shares, compared to its average volume of 547,978. The company has a market cap of $17.05 billion, a price-to-earnings ratio of 15.12, a P/E/G ratio of 1.00 and a beta of 0.59. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.54 and a quick ratio of 1.55. The firm's fifty day moving average is $323.09 and its two-hundred day moving average is $323.71. Molina Healthcare, Inc. has a 12-month low of $272.69 and a 12-month high of $423.92.

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

Wall Street Analysts Forecast Growth

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