First Mercantile Trust Co. lowered its position in shares of Molina Healthcare, Inc. (NYSE:MOH) by 15.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,290 shares of the company’s stock after selling 600 shares during the period. First Mercantile Trust Co.’s holdings in Molina Healthcare were worth $252,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently made changes to their positions in MOH. Iridian Asset Management LLC CT bought a new stake in shares of Molina Healthcare during the fourth quarter valued at approximately $128,179,000. Jana Partners LLC increased its position in shares of Molina Healthcare by 52.5% during the third quarter. Jana Partners LLC now owns 2,125,351 shares of the company’s stock valued at $146,139,000 after acquiring an additional 731,992 shares in the last quarter. Tavio Capital LLC increased its position in shares of Molina Healthcare by 418.0% during the third quarter. Tavio Capital LLC now owns 537,192 shares of the company’s stock valued at $36,937,000 after acquiring an additional 433,485 shares in the last quarter. Victory Capital Management Inc. increased its position in shares of Molina Healthcare by 36.0% during the fourth quarter. Victory Capital Management Inc. now owns 1,590,409 shares of the company’s stock valued at $121,953,000 after acquiring an additional 420,756 shares in the last quarter. Finally, Koch Industries Inc. bought a new stake in shares of Molina Healthcare during the second quarter valued at approximately $323,000. 96.22% of the stock is owned by institutional investors.

Several equities research analysts recently weighed in on MOH shares. Zacks Investment Research raised 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 research report on Tuesday, January 2nd. ValuEngine raised shares of Molina Healthcare from a “hold” rating to a “buy” rating in a research report on Thursday, November 9th. Goldman Sachs Group started coverage on shares of Molina Healthcare in a research report on Wednesday, January 3rd. They set a “neutral” rating and a $83.00 price target for the company. JPMorgan Chase & Co. raised shares of Molina Healthcare from a “neutral” rating to an “overweight” rating in a research report on Tuesday, January 16th. Finally, Raymond James Financial reaffirmed a “hold” rating on shares of Molina Healthcare in a research report on Friday, December 8th. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $71.21.

In other news, Director John C. Molina sold 21,650 shares of Molina Healthcare stock in a transaction on Monday, January 29th. The shares were sold at an average price of $92.41, for a total transaction of $2,000,676.50. Following the transaction, the director now owns 414,151 shares in the company, valued at approximately $38,271,693.91. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director John C. Molina sold 5,385 shares of Molina Healthcare stock in a transaction on Friday, January 26th. The stock was sold at an average price of $92.88, for a total transaction of $500,158.80. Following the transaction, the director now owns 414,151 shares in the company, valued at approximately $38,466,344.88. The disclosure for this sale can be found here. In the last ninety days, insiders sold 703,705 shares of company stock valued at $56,003,375. 6.20% of the stock is currently owned by insiders.

Shares of Molina Healthcare, Inc. (NYSE:MOH) opened at $75.46 on Wednesday. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.29 and a quick ratio of 1.29. Molina Healthcare, Inc. has a 1 year low of $42.56 and a 1 year high of $93.98. The company has a market cap of $4,679.12, a P/E ratio of 26.75, a price-to-earnings-growth ratio of 0.91 and a beta of 1.10.

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Molina Healthcare 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.

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

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