UniSuper Management Pty Ltd Has $2.23 Million Stock Holdings in Molina Healthcare, Inc. (NYSE:MOH)

UniSuper Management Pty Ltd increased its position in shares of Molina Healthcare, Inc. (NYSE:MOH - Free Report) by 17.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 7,660 shares of the company's stock after acquiring an additional 1,115 shares during the quarter. UniSuper Management Pty Ltd's holdings in Molina Healthcare were worth $2,229,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Waldron Private Wealth LLC boosted its holdings in Molina Healthcare by 4.7% in the fourth quarter. Waldron Private Wealth LLC now owns 729 shares of the company's stock valued at $212,000 after acquiring an additional 33 shares during the last quarter. Angeles Investment Advisors LLC boosted its holdings in Molina Healthcare by 5.4% in the fourth quarter. Angeles Investment Advisors LLC now owns 838 shares of the company's stock valued at $244,000 after purchasing an additional 43 shares during the last quarter. HighTower Advisors LLC boosted its stake in shares of Molina Healthcare by 2.1% during the 3rd quarter. HighTower Advisors LLC now owns 2,627 shares of the company's stock valued at $906,000 after buying an additional 55 shares during the last quarter. Lindbrook Capital LLC grew its position in shares of Molina Healthcare by 38.5% during the fourth quarter. Lindbrook Capital LLC now owns 205 shares of the company's stock worth $60,000 after buying an additional 57 shares in the last quarter. Finally, Brooklyn Investment Group increased its stake in shares of Molina Healthcare by 20.1% in the fourth quarter. Brooklyn Investment Group now owns 400 shares of the company's stock worth $116,000 after buying an additional 67 shares during the last quarter. 98.50% of the stock is owned by hedge funds and other institutional investors.

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Analyst Ratings Changes

MOH has been the topic of a number of research analyst reports. Wells Fargo & Company upgraded shares of Molina Healthcare from an "equal weight" rating to an "overweight" rating and increased their price objective for the company from $295.00 to $372.00 in a research note on Wednesday, March 5th. Mizuho reduced their target price on Molina Healthcare from $382.00 to $376.00 and set an "outperform" rating on the stock in a report on Monday, March 3rd. StockNews.com lowered Molina Healthcare from a "buy" rating to a "hold" rating in a research report on Thursday. UBS Group lowered their target price on shares of Molina Healthcare from $374.00 to $325.00 and set a "neutral" rating for the company in a research note on Friday, February 7th. Finally, Barclays decreased their price target on shares of Molina Healthcare from $372.00 to $339.00 and set an "equal weight" rating for the company in a report on Friday, February 7th. Seven analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, Molina Healthcare presently has a consensus rating of "Moderate Buy" and a consensus price target of $348.75.

Insider Transactions at Molina Healthcare

In related news, Director Steven J. Orlando sold 1,000 shares of the firm's stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $301.33, for a total transaction of $301,330.00. Following the completion of the sale, the director now directly owns 17,375 shares in the company, valued at approximately $5,235,608.75. This trade represents a 5.44 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 1.10% of the company's stock.

Molina Healthcare Stock Performance

Shares of MOH traded up $5.66 during trading hours on Friday, reaching $358.90. 161,795 shares of the company's stock traded hands, compared to its average volume of 723,455. The firm has a market capitalization of $19.63 billion, a price-to-earnings ratio of 17.57, a P/E/G ratio of 1.06 and a beta of 0.56. The business's fifty day simple moving average is $305.90 and its two-hundred day simple moving average is $308.82. Molina Healthcare, Inc. has a twelve month low of $262.32 and a twelve month high of $383.58. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.62 and a quick ratio of 1.62.

Molina Healthcare (NYSE:MOH - Get Free Report) last posted its quarterly earnings data 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%. Analysts predict that Molina Healthcare, Inc. will post 24.4 earnings per share 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.