Oregon Public Employees Retirement Fund Sells 114 Shares of Molina Healthcare, Inc. (NYSE:MOH)

Oregon Public Employees Retirement Fund lessened its stake in shares of Molina Healthcare, Inc. (NYSE:MOH) by 2.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,921 shares of the company’s stock after selling 114 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Molina Healthcare were worth $1,432,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in MOH. Los Angeles Capital Management LLC boosted its stake in Molina Healthcare by 166.1% during the 4th quarter. Los Angeles Capital Management LLC now owns 196,513 shares of the company’s stock valued at $57,195,000 after purchasing an additional 122,674 shares during the period. NFJ Investment Group LLC bought a new stake in Molina Healthcare during the 3rd quarter valued at approximately $7,432,000. Ieq Capital LLC boosted its stake in Molina Healthcare by 762.7% during the 4th quarter. Ieq Capital LLC now owns 21,489 shares of the company’s stock valued at $6,254,000 after purchasing an additional 18,998 shares during the period. KBC Group NV boosted its stake in Molina Healthcare by 14.6% during the 4th quarter. KBC Group NV now owns 125,486 shares of the company’s stock valued at $36,522,000 after purchasing an additional 15,993 shares during the period. Finally, Integrated Investment Consultants LLC bought a new stake in Molina Healthcare during the 3rd quarter valued at approximately $4,716,000. Institutional investors own 98.50% of the company’s stock.

Analyst Upgrades and Downgrades

MOH has been the subject of several recent analyst reports. Stephens restated an “equal weight” rating and set a $345.00 target price on shares of Molina Healthcare in a research note on Thursday, February 6th. Wells Fargo & Company upped their price target on Molina Healthcare from $360.00 to $362.00 and gave the company an “equal weight” rating in a report on Monday, November 4th. Barclays cut their price target on Molina Healthcare from $372.00 to $339.00 and set an “equal weight” rating for the company in a report on Friday, February 7th. StockNews.com cut Molina Healthcare from a “strong-buy” rating to a “buy” rating in a report on Saturday, February 8th. Finally, UBS Group cut their price target on Molina Healthcare from $374.00 to $325.00 and set a “neutral” rating for the company in a report on Friday, February 7th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $353.17.

Molina Healthcare Trading Up 2.9 %

Shares of MOH opened at $301.45 on Friday. Molina Healthcare, Inc. has a 1 year low of $262.32 and a 1 year high of $423.92. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 0.69. The stock has a 50 day simple moving average of $293.12 and a 200-day simple moving average of $313.19. The stock has a market cap of $16.73 billion, a PE ratio of 14.76, a PEG ratio of 1.06 and a beta of 0.54.

Molina Healthcare (NYSE:MOH) last issued its earnings results on Wednesday, February 5th. The company reported $5.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.74 by ($0.69). Molina Healthcare had a return on equity of 28.13% and a net margin of 2.90%. On average, sell-side analysts predict that Molina Healthcare, Inc. will post 24.4 EPS for the current fiscal year.

Molina Healthcare Company Profile

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.