Molina Healthcare, Inc. (NYSE:MOH) insider William Dentino sold 22,500 shares of the business’s stock in a transaction dated Monday, December 11th. The stock was sold at an average price of $74.13, for a total transaction of $1,667,925.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

William Dentino also recently made the following trade(s):

  • On Wednesday, December 13th, William Dentino sold 67,500 shares of Molina Healthcare stock. The stock was sold at an average price of $74.24, for a total transaction of $5,011,200.00.
  • On Friday, November 17th, William Dentino sold 45,000 shares of Molina Healthcare stock. The shares were sold at an average price of $75.35, for a total transaction of $3,390,750.00.
  • On Wednesday, November 15th, William Dentino sold 67,500 shares of Molina Healthcare stock. The shares were sold at an average price of $77.15, for a total transaction of $5,207,625.00.
  • On Monday, October 16th, William Dentino sold 67,500 shares of Molina Healthcare stock. The shares were sold at an average price of $61.49, for a total transaction of $4,150,575.00.
  • On Wednesday, October 11th, William Dentino sold 22,500 shares of Molina Healthcare stock. The shares were sold at an average price of $63.96, for a total transaction of $1,439,100.00.

Shares of Molina Healthcare, Inc. (NYSE MOH) traded down $0.52 during mid-day trading on Thursday, reaching $74.57. 1,168,697 shares of the company’s stock were exchanged, compared to its average volume of 1,255,988. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.29 and a quick ratio of 1.29. The company has a market cap of $4,250.00, a P/E ratio of 23.01 and a beta of 0.97. Molina Healthcare, Inc. has a twelve month low of $42.56 and a twelve month high of $80.74.

Molina Healthcare (NYSE:MOH) last issued its earnings results on Thursday, November 2nd. The company reported ($1.62) EPS for the quarter, missing the Zacks’ consensus estimate of $0.23 by ($1.85). The company had revenue of $5.03 billion during the quarter, compared to the consensus estimate of $4.95 billion. Molina Healthcare had a positive return on equity of 17.76% and a negative net margin of 1.76%. Molina Healthcare’s revenue was up 10.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.85 earnings per share. analysts expect that Molina Healthcare, Inc. will post -3.88 earnings per share for the current fiscal year.

Several brokerages recently commented on MOH. Jefferies Group upped their price target on shares of Molina Healthcare from $60.00 to $64.00 and gave the company a “hold” rating in a report on Friday, October 13th. Wolfe Research upgraded shares of Molina Healthcare from a “market perform” rating to an “outperform” rating in a report on Monday, October 23rd. Morgan Stanley upped their price target on shares of Molina Healthcare from $68.00 to $89.00 and gave the company an “overweight” rating in a report on Friday, November 3rd. Raymond James Financial reiterated a “hold” rating on shares of Molina Healthcare in a report on Friday, December 8th. Finally, ValuEngine downgraded shares of Molina Healthcare from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating and four have given a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $64.25.

A number of hedge funds have recently modified their holdings of the business. Vanguard Group Inc. grew its stake in Molina Healthcare by 1.9% in the 2nd quarter. Vanguard Group Inc. now owns 3,619,435 shares of the company’s stock worth $250,392,000 after acquiring an additional 66,206 shares in the last quarter. Jana Partners LLC grew its stake in Molina Healthcare by 52.5% in the 3rd quarter. Jana Partners LLC now owns 2,125,351 shares of the company’s stock worth $146,139,000 after acquiring an additional 731,992 shares in the last quarter. Tiedemann Wealth Management LLC grew its stake in Molina Healthcare by 7.8% in the 3rd quarter. Tiedemann Wealth Management LLC now owns 1,440,066 shares of the company’s stock worth $135,000 after acquiring an additional 103,775 shares in the last quarter. Northern Trust Corp grew its stake in Molina Healthcare by 14.5% in the 2nd quarter. Northern Trust Corp now owns 900,946 shares of the company’s stock worth $62,328,000 after acquiring an additional 113,808 shares in the last quarter. Finally, Rothschild Asset Management Inc. grew its stake in Molina Healthcare by 6.1% in the 3rd quarter. Rothschild Asset Management Inc. now owns 706,683 shares of the company’s stock worth $48,592,000 after acquiring an additional 40,737 shares in the last quarter. Institutional investors and hedge funds own 96.23% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for Molina Healthcare (NYSE:MOH)

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