Alpha Windward LLC cut its stake in Molina Healthcare Inc (NYSE:MOH) by 30.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,380 shares of the company’s stock after selling 3,306 shares during the period. Alpha Windward LLC’s holdings in Molina Healthcare were worth $511,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Meadow Creek Investment Management LLC raised its stake in shares of Molina Healthcare by 13.2% in the first quarter. Meadow Creek Investment Management LLC now owns 2,408 shares of the company’s stock valued at $110,000 after buying an additional 280 shares during the period. LS Investment Advisors LLC raised its stake in shares of Molina Healthcare by 40.9% in the second quarter. LS Investment Advisors LLC now owns 1,829 shares of the company’s stock valued at $127,000 after buying an additional 531 shares during the period. Glen Harbor Capital Management LLC raised its stake in shares of Molina Healthcare by 13.2% in the first quarter. Glen Harbor Capital Management LLC now owns 2,924 shares of the company’s stock valued at $133,000 after buying an additional 340 shares during the period. Meeder Asset Management Inc. bought a new stake in shares of Molina Healthcare during the second quarter valued at approximately $136,000. Finally, Northwestern Mutual Wealth Management Co. raised its stake in shares of Molina Healthcare by 361.6% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 3,771 shares of the company’s stock valued at $172,000 after buying an additional 2,954 shares during the period. Institutional investors and hedge funds own 92.96% of the company’s stock.

Shares of Molina Healthcare Inc (MOH) traded up 0.96% on Wednesday, hitting $71.23. 109,665 shares of the stock traded hands. The stock has a 50 day moving average of $69.06 and a 200 day moving average of $57.95. Molina Healthcare Inc has a one year low of $42.56 and a one year high of $72.15. The company has a market cap of $4.06 billion, a PE ratio of 38.28 and a beta of 0.91.

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MOH has been the subject of several research analyst reports. TheStreet upgraded shares of Molina Healthcare from a “c” rating to a “b” rating in a report on Tuesday, May 2nd. ValuEngine upgraded shares of Molina Healthcare from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Zacks Investment Research upgraded shares of Molina Healthcare from a “hold” rating to a “buy” rating and set a $72.00 price objective for the company in a report on Thursday, May 4th. Barclays PLC began coverage on shares of Molina Healthcare in a research note on Tuesday, March 21st. They set an “equal weight” rating and a $51.00 target price for the company. Finally, Stifel Nicolaus raised their target price on shares of Molina Healthcare from $45.00 to $47.00 and gave the company a “hold” rating in a research note on Wednesday, May 3rd. Five analysts have rated the stock with a sell rating, eight have given a hold rating and three have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $60.37.

In related news, COO Terry Bayer sold 34,721 shares of the stock in a transaction on Thursday, May 11th. The shares were sold at an average price of $67.09, for a total transaction of $2,329,431.89. Following the sale, the chief operating officer now directly owns 122,462 shares of the company’s stock, valued at $8,215,975.58. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider William Dentino sold 66,000 shares of the stock in a transaction on Thursday, July 6th. The stock was sold at an average price of $68.68, for a total transaction of $4,532,880.00. The disclosure for this sale can be found here. Insiders sold 174,042 shares of company stock worth $11,791,712 in the last quarter. Company insiders own 6.20% of the company’s stock.

Molina Healthcare Company Profile

Molina Healthcare, Inc offers Medicaid-related solutions for low-income families and individuals, and assists government agencies in their administration of the Medicaid program. The Company operates through three segments: Health Plans, Molina Medicaid Solutions and Other, which includes its Pathways Health and Community Support LLC (Pathways) business.

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

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