Zuckerman Investment Group LLC Reduces Stock Holdings in Molina Healthcare, Inc. (NYSE:MOH)

Zuckerman Investment Group LLC reduced its stake in Molina Healthcare, Inc. (NYSE:MOH - Free Report) by 38.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,320 shares of the company's stock after selling 810 shares during the period. Zuckerman Investment Group LLC's holdings in Molina Healthcare were worth $384,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Wellington Management Group LLP grew its stake in shares of Molina Healthcare by 7.4% in the 4th quarter. Wellington Management Group LLP now owns 2,632,232 shares of the company's stock worth $766,111,000 after buying an additional 181,073 shares during the last quarter. FMR LLC grew its stake in shares of Molina Healthcare by 31.1% in the fourth quarter. FMR LLC now owns 1,801,113 shares of the company's stock worth $524,214,000 after acquiring an additional 427,276 shares during the last quarter. Geode Capital Management LLC raised its position in shares of Molina Healthcare by 2.5% in the 4th quarter. Geode Capital Management LLC now owns 1,436,909 shares of the company's stock worth $417,144,000 after purchasing an additional 34,992 shares during the last quarter. Invesco Ltd. raised its position in shares of Molina Healthcare by 28.5% in the 4th quarter. Invesco Ltd. now owns 1,327,021 shares of the company's stock worth $386,229,000 after purchasing an additional 294,180 shares during the last quarter. Finally, Norges Bank bought a new position in Molina Healthcare in the 4th quarter worth about $134,675,000. Institutional investors own 98.50% of the company's stock.

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Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. StockNews.com raised shares of Molina Healthcare from a "hold" rating to a "buy" rating in a research report on Friday. UBS Group decreased their price target on Molina Healthcare from $374.00 to $325.00 and set a "neutral" rating for the company in a research note on Friday, February 7th. JPMorgan Chase & Co. reaffirmed a "neutral" rating and set a $350.00 price objective (down from $378.00) on shares of Molina Healthcare in a research report on Tuesday, December 17th. Robert W. Baird reissued a "neutral" rating and issued a $375.00 target price (up previously from $331.00) on shares of Molina Healthcare in a research report on Tuesday. Finally, Mizuho lifted their price target on shares of Molina Healthcare from $376.00 to $400.00 and gave the stock an "outperform" rating in a research note on Wednesday, April 9th. Eight equities research 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.com, the company currently has an average rating of "Moderate Buy" and an average target price of $359.42.

Insider Activity

In related news, Director Steven J. Orlando sold 1,000 shares of Molina Healthcare 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 transaction, the director now directly owns 17,375 shares of the company's stock, valued at $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 through this link. Insiders own 1.10% of the company's stock.

Molina Healthcare Trading Down 3.3 %

MOH traded down $11.42 on Tuesday, hitting $337.15. The company had a trading volume of 373,661 shares, compared to its average volume of 741,053. The company has a market cap of $18.44 billion, a PE ratio of 16.50, a PEG ratio of 1.06 and a beta of 0.70. Molina Healthcare, Inc. has a 12-month low of $262.32 and a 12-month high of $373.22. The business's fifty day simple moving average is $311.02 and its 200 day simple moving average is $308.02. The company has a quick ratio of 1.62, a current ratio of 1.62 and a debt-to-equity ratio of 0.69.

Molina Healthcare (NYSE:MOH - Get Free Report) last released its quarterly earnings results on Wednesday, February 5th. The company reported $5.05 EPS 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%. Equities research analysts expect that Molina Healthcare, Inc. will post 24.4 EPS for the current year.

Molina Healthcare Company 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.