Molina Healthcare, Inc. (NYSE:MOH) Shares Acquired by Coldstream Capital Management Inc.

Coldstream Capital Management Inc. increased its holdings in Molina Healthcare, Inc. (NYSE:MOH) by 2.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,346 shares of the company’s stock after acquiring an additional 48 shares during the quarter. Coldstream Capital Management Inc.’s holdings in Molina Healthcare were worth $683,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of MOH. Versant Capital Management Inc increased its stake in Molina Healthcare by 83.1% in the fourth quarter. Versant Capital Management Inc now owns 163 shares of the company’s stock valued at $47,000 after purchasing an additional 74 shares during the period. Wingate Wealth Advisors Inc. acquired a new position in Molina Healthcare in the 4th quarter valued at about $52,000. Hurley Capital LLC purchased a new stake in Molina Healthcare during the 4th quarter valued at approximately $55,000. EverSource Wealth Advisors LLC raised its stake in Molina Healthcare by 81.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 196 shares of the company’s stock valued at $57,000 after acquiring an additional 88 shares during the last quarter. Finally, Harvest Fund Management Co. Ltd lifted its position in Molina Healthcare by 895.0% during the 4th quarter. Harvest Fund Management Co. Ltd now owns 199 shares of the company’s stock worth $58,000 after acquiring an additional 179 shares during the period. Hedge funds and other institutional investors own 98.50% of the company’s stock.

Molina Healthcare Trading Down 0.1 %

NYSE:MOH opened at $319.98 on Wednesday. Molina Healthcare, Inc. has a 52-week low of $262.32 and a 52-week high of $365.23. The company has a quick ratio of 1.62, a current ratio of 1.62 and a debt-to-equity ratio of 0.69. The stock has a fifty day simple moving average of $320.64 and a 200-day simple moving average of $307.42. The company has a market capitalization of $17.50 billion, a PE ratio of 15.66, a price-to-earnings-growth ratio of 1.06 and a beta of 0.70.

Molina Healthcare (NYSE:MOH) last announced its earnings results on Wednesday, April 23rd. The company reported $6.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.96 by $0.12. Molina Healthcare had a net margin of 2.90% and a return on equity of 28.13%. The company had revenue of $11.15 billion during the quarter, compared to analysts’ expectations of $10.86 billion. During the same quarter in the previous year, the business posted $5.73 earnings per share. The firm’s quarterly revenue was up 12.2% compared to the same quarter last year. On average, equities research analysts expect that Molina Healthcare, Inc. will post 24.4 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on MOH shares. Stephens restated an “equal weight” rating and set a $345.00 price target on shares of Molina Healthcare in a research note on Thursday, February 6th. Barclays upped their price objective on shares of Molina Healthcare from $339.00 to $362.00 and gave the stock an “equal weight” rating in a research report on Friday, April 25th. StockNews.com raised shares of Molina Healthcare from a “hold” rating to a “buy” rating in a report on Friday, April 11th. Guggenheim assumed coverage on shares of Molina Healthcare in a report on Wednesday, April 9th. They set a “neutral” rating for the company. Finally, Baird R W lowered Molina Healthcare from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 15th. Nine investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $365.38.

Insider Buying and Selling at Molina Healthcare

In other Molina Healthcare news, Director Steven J. Orlando sold 1,000 shares of the company’s stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $301.33, for a total value of $301,330.00. Following the transaction, the director now directly owns 17,375 shares in the company, valued at approximately $5,235,608.75. This represents a 5.44 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.10% of the stock is owned by insiders.

Molina Healthcare 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.