UBS Group Lowers Molina Healthcare (NYSE:MOH) Price Target to $325.00

Molina Healthcare (NYSE:MOH - Get Free Report) had its price target cut by investment analysts at UBS Group from $374.00 to $325.00 in a report released on Friday,Benzinga reports. The firm presently has a "neutral" rating on the stock. UBS Group's price objective would indicate a potential upside of 18.45% from the stock's previous close.

MOH has been the subject of several other reports. Wells Fargo & Company lifted their price objective on Molina Healthcare from $360.00 to $362.00 and gave the stock an "equal weight" rating in a report on Monday, November 4th. Stephens reiterated an "equal weight" rating and issued a $345.00 price target on shares of Molina Healthcare in a research note on Thursday, February 6th. Barclays increased their price objective on shares of Molina Healthcare from $359.00 to $372.00 and gave the company an "equal weight" rating in a research report on Friday, October 25th. Robert W. Baird cut their target price on shares of Molina Healthcare from $405.00 to $331.00 and set an "outperform" rating for the company in a research report on Thursday, October 24th. Finally, JPMorgan Chase & Co. reissued a "neutral" rating and set a $350.00 price target (down from $378.00) on shares of Molina Healthcare in a report on Tuesday, December 17th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $355.67.

Molina Healthcare Stock Down 4.2 %

Shares of NYSE MOH traded down $12.05 during midday trading on Friday, hitting $274.37. The stock had a trading volume of 402,664 shares, compared to its average volume of 620,894. The business's 50 day moving average is $297.96 and its 200-day moving average is $318.27. Molina Healthcare has a 52 week low of $272.69 and a 52 week high of $423.92. The company has a quick ratio of 1.55, a current ratio of 1.62 and a debt-to-equity ratio of 0.69. The company has a market cap of $15.69 billion, a P/E ratio of 13.40, a PEG ratio of 0.94 and a beta of 0.54.

Molina Healthcare (NYSE:MOH - Get Free Report) last announced its quarterly earnings data 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%. As a group, analysts predict that Molina Healthcare will post 24.5 EPS for the current year.

Institutional Trading of Molina Healthcare

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. State Street Corp grew its stake in shares of Molina Healthcare by 0.5% during the 3rd quarter. State Street Corp now owns 2,614,311 shares of the company's stock valued at $900,787,000 after acquiring an additional 13,001 shares during the period. Charles Schwab Investment Management Inc. boosted its position in shares of 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 purchasing an additional 10,002 shares during the period. Los Angeles Capital Management LLC increased its stake in shares of Molina Healthcare by 166.1% in the fourth quarter. Los Angeles Capital Management LLC now owns 196,513 shares of the company's stock worth $57,195,000 after purchasing an additional 122,674 shares in the last quarter. Swiss National Bank raised its position in shares of Molina Healthcare by 0.3% during the 3rd quarter. Swiss National Bank now owns 173,900 shares of the company's stock valued at $59,919,000 after purchasing an additional 500 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. lifted its stake in shares of Molina Healthcare by 2.2% during the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 149,573 shares of the company's stock valued at $43,533,000 after buying an additional 3,238 shares in the last quarter. Hedge funds and other institutional investors own 98.50% of the company's stock.

About Molina Healthcare

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.