Savant Capital LLC Buys Shares of 772 Molina Healthcare, Inc. (NYSE:MOH)

Savant Capital LLC purchased a new position in shares of Molina Healthcare, Inc. (NYSE:MOH) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 772 shares of the company’s stock, valued at approximately $225,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. True Wealth Design LLC increased its position in Molina Healthcare by 2,500.0% during the third quarter. True Wealth Design LLC now owns 104 shares of the company’s stock worth $36,000 after purchasing an additional 100 shares during the last quarter. Versant Capital Management Inc raised its stake in Molina Healthcare by 83.1% during the fourth quarter. Versant Capital Management Inc now owns 163 shares of the company’s stock worth $47,000 after purchasing an additional 74 shares during the period. Capital Performance Advisors LLP purchased a new position in Molina Healthcare during the third quarter worth about $62,000. AM Squared Ltd raised its stake in Molina Healthcare by 50.0% during the third quarter. AM Squared Ltd now owns 300 shares of the company’s stock worth $103,000 after purchasing an additional 100 shares during the period. Finally, Wilmington Savings Fund Society FSB purchased a new position in Molina Healthcare during the third quarter worth about $113,000. Institutional investors and hedge funds own 98.50% of the company’s stock.

Molina Healthcare Trading Down 1.3 %

Shares of MOH stock opened at $268.65 on Wednesday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.55 and a current ratio of 1.62. The stock has a market capitalization of $14.91 billion, a P/E ratio of 13.15, a price-to-earnings-growth ratio of 0.94 and a beta of 0.54. The company has a 50 day moving average price of $294.57 and a 200 day moving average price of $315.79. Molina Healthcare, Inc. has a fifty-two week low of $262.32 and a fifty-two week high of $423.92.

Molina Healthcare (NYSE:MOH) 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 net margin of 2.90% and a return on equity of 28.13%. Equities research analysts predict that Molina Healthcare, Inc. will post 24.5 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have commented on MOH. StockNews.com downgraded shares of Molina Healthcare from a “strong-buy” rating to a “buy” rating in a research note on Saturday, February 8th. Robert W. Baird reduced their target price on shares of Molina Healthcare from $405.00 to $331.00 and set an “outperform” rating on the stock in a research note on Thursday, October 24th. Barclays reduced their target price on shares of Molina Healthcare from $372.00 to $339.00 and set an “equal weight” rating on the stock in a research note on Friday, February 7th. Wells Fargo & Company boosted their price target on shares of Molina Healthcare from $360.00 to $362.00 and gave the company an “equal weight” rating in a research note on Monday, November 4th. Finally, Cantor Fitzgerald reissued an “overweight” rating and issued a $406.00 price target on shares of Molina Healthcare in a research note on Thursday, October 24th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Molina Healthcare presently has a consensus rating of “Hold” and an average price target of $355.67.

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.