Price Capital Management Inc. Takes Position in Molina Healthcare, Inc. (MOH)

Price Capital Management Inc. bought a new stake in Molina Healthcare, Inc. (NYSE:MOH) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm bought 21,323 shares of the company’s stock, valued at approximately $1,635,000.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Ameritas Investment Partners Inc. increased its holdings in Molina Healthcare by 2.2% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 16,659 shares of the company’s stock valued at $1,152,000 after buying an additional 364 shares during the period. Thrivent Financial For Lutherans increased its holdings in Molina Healthcare by 6.3% in the 2nd quarter. Thrivent Financial For Lutherans now owns 8,580 shares of the company’s stock valued at $594,000 after buying an additional 510 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in Molina Healthcare by 40.3% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,404 shares of the company’s stock valued at $184,000 after buying an additional 690 shares during the period. Moody Aldrich Partners LLC grew its holdings in shares of Molina Healthcare by 14.4% during the 3rd quarter. Moody Aldrich Partners LLC now owns 5,973 shares of the company’s stock valued at $411,000 after purchasing an additional 753 shares during the last quarter. Finally, Comerica Bank grew its holdings in shares of Molina Healthcare by 2.8% during the 3rd quarter. Comerica Bank now owns 34,098 shares of the company’s stock valued at $2,273,000 after purchasing an additional 939 shares during the last quarter. 96.22% of the stock is currently owned by hedge funds and other institutional investors.

In other Molina Healthcare news, Director John C. Molina sold 5,385 shares of the business’s stock in a transaction that occurred on Friday, January 26th. The shares were sold at an average price of $92.88, for a total transaction of $500,158.80. Following the sale, the director now directly owns 414,151 shares of the company’s stock, valued at approximately $38,466,344.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider William Dentino sold 67,500 shares of the business’s stock in a transaction that occurred on Wednesday, November 15th. The stock was sold at an average price of $77.15, for a total transaction of $5,207,625.00. The disclosure for this sale can be found here. Insiders have sold a total of 776,455 shares of company stock worth $61,614,520 over the last three months. Insiders own 6.20% of the company’s stock.

Shares of Molina Healthcare, Inc. (NYSE MOH) opened at $77.99 on Friday. Molina Healthcare, Inc. has a 1-year low of $42.56 and a 1-year high of $93.98. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 1.06. The firm has a market cap of $4,874.31, a P/E ratio of 25.36, a price-to-earnings-growth ratio of 0.94 and a beta of 1.10.

MOH has been the topic of several research reports. ValuEngine raised shares of Molina Healthcare from a “hold” rating to a “buy” rating in a report on Thursday, November 9th. Raymond James Financial reaffirmed a “hold” rating on shares of Molina Healthcare in a report on Friday, December 8th. Zacks Investment Research raised shares of Molina Healthcare from a “sell” rating to a “hold” rating in a report on Monday, November 6th. Jefferies Group lifted their price target on shares of Molina Healthcare from $64.00 to $74.00 and gave the company a “hold” rating in a report on Friday, November 3rd. Finally, BMO Capital Markets initiated coverage on shares of Molina Healthcare in a report on Monday, October 16th. They set a “market perform” rating and a $70.00 price target on the stock. Three investment analysts have rated the stock with a sell rating, ten have given a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $71.21.

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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.

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

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