Dean Capital Investments Management LLC Takes Position in Molina Healthcare, Inc. (MOH)

Dean Capital Investments Management LLC bought a new stake in shares of Molina Healthcare, Inc. (NYSE:MOH) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 3,101 shares of the company’s stock, valued at approximately $461,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Aperio Group LLC increased its holdings in Molina Healthcare by 1.6% in the 3rd quarter. Aperio Group LLC now owns 22,234 shares of the company’s stock valued at $3,306,000 after acquiring an additional 360 shares during the last quarter. World Asset Management Inc increased its holdings in Molina Healthcare by 13.9% in the 3rd quarter. World Asset Management Inc now owns 3,047 shares of the company’s stock valued at $453,000 after acquiring an additional 372 shares during the last quarter. American Century Companies Inc. increased its holdings in Molina Healthcare by 1.7% in the 3rd quarter. American Century Companies Inc. now owns 26,693 shares of the company’s stock valued at $3,969,000 after acquiring an additional 439 shares during the last quarter. Vident Investment Advisory LLC increased its holdings in Molina Healthcare by 1.5% in the 2nd quarter. Vident Investment Advisory LLC now owns 38,230 shares of the company’s stock valued at $3,744,000 after acquiring an additional 573 shares during the last quarter. Finally, First Mercantile Trust Co. increased its holdings in Molina Healthcare by 22.5% in the 2nd quarter. First Mercantile Trust Co. now owns 3,442 shares of the company’s stock valued at $337,000 after acquiring an additional 632 shares during the last quarter.

In other Molina Healthcare news, insider James Woys bought 25,000 shares of Molina Healthcare stock in a transaction dated Wednesday, September 19th. The shares were purchased at an average cost of $148.79 per share, for a total transaction of $3,719,750.00. Following the acquisition, the insider now directly owns 17,203 shares in the company, valued at approximately $2,559,634.37. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Charles Z. Fedak sold 3,795 shares of the business’s stock in a transaction dated Monday, November 19th. The stock was sold at an average price of $120.74, for a total transaction of $458,208.30. Following the completion of the sale, the director now owns 18,464 shares in the company, valued at $2,229,343.36. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 12,868 shares of company stock worth $1,703,690. Insiders own 0.65% of the company’s stock.

Molina Healthcare stock opened at $128.83 on Friday. Molina Healthcare, Inc. has a twelve month low of $71.07 and a twelve month high of $154.06. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.40 and a current ratio of 1.40. The stock has a market capitalization of $7.84 billion, a PE ratio of 230.05, a price-to-earnings-growth ratio of 1.36 and a beta of 1.52.

Molina Healthcare (NYSE:MOH) last posted its earnings results on Wednesday, October 31st. The company reported $2.55 earnings per share for the quarter, topping analysts’ consensus estimates of $1.65 by $0.90. Molina Healthcare had a net margin of 1.27% and a return on equity of 30.50%. The firm had revenue of $4.70 billion for the quarter, compared to the consensus estimate of $4.72 billion. During the same period in the previous year, the firm posted ($1.62) EPS. The business’s quarterly revenue was down 6.6% on a year-over-year basis. On average, equities analysts forecast that Molina Healthcare, Inc. will post 8.12 earnings per share for the current fiscal year.

A number of analysts have issued reports on MOH shares. Morgan Stanley lifted their price target on shares of Molina Healthcare from $178.00 to $184.00 and gave the company an “overweight” rating in a report on Thursday, October 18th. Jefferies Financial Group downgraded shares of Molina Healthcare from a “buy” rating to a “hold” rating and set a $152.00 price target on the stock. in a report on Friday, October 12th. They noted that the move was a valuation call. Zacks Investment Research downgraded shares of Molina Healthcare from a “buy” rating to a “hold” rating in a report on Monday, October 8th. Evercore ISI started coverage on shares of Molina Healthcare in a report on Tuesday, October 9th. They issued an “in-line” rating and a $158.00 price target on the stock. Finally, Piper Jaffray Companies lifted their price target on shares of Molina Healthcare to $165.00 and gave the company an “overweight” rating in a report on Wednesday, September 26th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $131.92.

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Molina Healthcare Company Profile

Molina Healthcare, Inc provides Medicaid-related solutions to meet the health care needs of low-income families and individuals; and to assist state agencies in their administration of the Medicaid program in the United States. It operates through three segments: Health Plans, Molina Medicaid Solutions, and Other.

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Institutional Ownership by Quarter for Molina Healthcare (NYSE:MOH)

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