Entropy Technologies LP Buys 1,688 Shares of Molina Healthcare, Inc. (NYSE:MOH)

Entropy Technologies LP increased its holdings in shares of Molina Healthcare, Inc. (NYSE:MOH - Free Report) by 58.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,594 shares of the company's stock after purchasing an additional 1,688 shares during the period. Entropy Technologies LP's holdings in Molina Healthcare were worth $1,337,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of MOH. Waldron Private Wealth LLC lifted its stake in Molina Healthcare by 4.7% in the 4th quarter. Waldron Private Wealth LLC now owns 729 shares of the company's stock valued at $212,000 after acquiring an additional 33 shares in the last quarter. WCM Investment Management LLC lifted 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 acquiring an additional 36 shares in the last quarter. Metis Global Partners LLC lifted 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 acquiring an additional 39 shares in the last quarter. Caprock Group LLC lifted 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 acquiring an additional 47 shares in the last quarter. Finally, Bank of Hawaii lifted its stake in Molina Healthcare by 4.6% in the 3rd quarter. Bank of Hawaii now owns 1,224 shares of the company's stock valued at $422,000 after acquiring an additional 54 shares in the last quarter. Institutional investors own 98.50% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the company. Cantor Fitzgerald restated an "overweight" rating and issued a $406.00 target price on shares of Molina Healthcare in a research note on Thursday, October 24th. UBS Group lowered their price target on Molina Healthcare from $374.00 to $325.00 and set a "neutral" rating on the stock in a research report on Friday, February 7th. Barclays lowered their price target on Molina Healthcare from $372.00 to $339.00 and set an "equal weight" rating on the stock in a research report on Friday, February 7th. Wells Fargo & Company boosted their price target on Molina Healthcare from $360.00 to $362.00 and gave the stock an "equal weight" rating in a research report on Monday, November 4th. Finally, Robert W. Baird lowered their price target 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. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, five have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $355.67.

Molina Healthcare Stock Performance

MOH traded up $1.61 during trading on Friday, hitting $272.28. The stock had a trading volume of 640,907 shares, compared to its average volume of 651,934. The company has a 50 day moving average price of $295.26 and a 200-day moving average price of $316.72. The firm has a market cap of $15.57 billion, a price-to-earnings ratio of 13.33, a P/E/G ratio of 0.94 and a beta of 0.54. Molina Healthcare, Inc. has a one year low of $262.32 and a one year high of $423.92. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.62 and a quick ratio of 1.55.

Molina Healthcare (NYSE:MOH - Get Free Report) last released its quarterly earnings results on Wednesday, February 5th. The company reported $5.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.74 by ($0.69). Molina Healthcare had a net margin of 2.90% and a return on equity of 28.13%. As a group, research analysts predict that Molina Healthcare, Inc. will post 24.5 EPS for the current year.

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.