Molina Healthcare, Inc. (MOH) Insider William Dentino Sells 45,000 Shares

Molina Healthcare, Inc. (NYSE:MOH) insider William Dentino sold 45,000 shares of the company’s stock in a transaction that occurred on Thursday, January 18th. The stock was sold at an average price of $92.02, for a total transaction of $4,140,900.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

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

  • On Thursday, January 11th, William Dentino sold 22,500 shares of Molina Healthcare stock. The stock was sold at an average price of $84.88, for a total transaction of $1,909,800.00.
  • On Tuesday, January 16th, William Dentino sold 67,500 shares of Molina Healthcare stock. The stock was sold at an average price of $86.71, for a total transaction of $5,852,925.00.
  • On Friday, December 15th, William Dentino sold 45,000 shares of Molina Healthcare stock. The stock was sold at an average price of $75.32, for a total transaction of $3,389,400.00.
  • On Monday, December 11th, William Dentino sold 22,500 shares of Molina Healthcare stock. The stock was sold at an average price of $74.13, for a total transaction of $1,667,925.00.
  • 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 stock was 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 stock was sold at an average price of $77.15, for a total transaction of $5,207,625.00.

Shares of Molina Healthcare, Inc. (NYSE:MOH) traded down $1.94 during trading on Friday, hitting $91.83. 1,660,272 shares of the stock traded hands, compared to its average volume of 1,013,937. Molina Healthcare, Inc. has a fifty-two week low of $42.56 and a fifty-two week high of $93.98. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.29 and a current ratio of 1.29. The firm has a market cap of $5,353.70, a PE ratio of -15.13, a price-to-earnings-growth ratio of 1.12 and a beta of 0.97.

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

Several institutional investors have recently modified their holdings of MOH. Principal Financial Group Inc. boosted its holdings in shares of Molina Healthcare by 5.2% in the 2nd quarter. Principal Financial Group Inc. now owns 187,134 shares of the company’s stock valued at $12,946,000 after buying an additional 9,196 shares in the last quarter. Swiss National Bank boosted its holdings in shares of Molina Healthcare by 8.7% in the 2nd quarter. Swiss National Bank now owns 71,200 shares of the company’s stock valued at $4,926,000 after buying an additional 5,700 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in shares of Molina Healthcare by 0.4% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 6,240 shares of the company’s stock valued at $432,000 after buying an additional 23 shares in the last quarter. Riverhead Capital Management LLC boosted its holdings in shares of Molina Healthcare by 64.2% in the 2nd quarter. Riverhead Capital Management LLC now owns 2,463 shares of the company’s stock valued at $170,000 after buying an additional 963 shares in the last quarter. Finally, TIAA CREF Investment Management LLC boosted its holdings in shares of Molina Healthcare by 96.9% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 359,527 shares of the company’s stock valued at $24,872,000 after buying an additional 176,972 shares in the last quarter.

Several research analysts have commented on the stock. JPMorgan Chase & Co. upgraded shares of Molina Healthcare from a “neutral” rating to an “overweight” rating in a report on Tuesday. Leerink Swann boosted their price target on shares of Molina Healthcare from $100.00 to $105.00 and gave the stock an “outperform” rating in a report on Tuesday, January 9th. Goldman Sachs Group assumed coverage on shares of Molina Healthcare in a report on Wednesday, January 3rd. They set a “neutral” rating and a $83.00 price target for the company. Zacks Investment Research upgraded shares of Molina Healthcare from a “hold” rating to a “strong-buy” rating and set a $88.00 price target for the company in a report on Tuesday, January 2nd. Finally, Raymond James Financial reiterated a “hold” rating on shares of Molina Healthcare in a report on Friday, December 8th. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating, four have given a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $70.86.

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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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