William Dentino Sells 67,500 Shares of Molina Healthcare, Inc. (MOH) Stock

Molina Healthcare, Inc. (NYSE:MOH) insider William Dentino sold 67,500 shares of the company’s stock in a transaction dated Wednesday, December 13th. The stock was sold at an average price of $74.24, for a total value of $5,011,200.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

  • 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 value of $1,667,925.00.
  • 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 value 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 value of $5,207,625.00.
  • On Monday, October 16th, William Dentino sold 67,500 shares of Molina Healthcare stock. The stock was sold at an average price of $61.49, for a total value of $4,150,575.00.
  • On Wednesday, October 11th, William Dentino sold 22,500 shares of Molina Healthcare stock. The stock was sold at an average price of $63.96, for a total value of $1,439,100.00.

Shares of Molina Healthcare, Inc. (NYSE MOH) opened at $74.57 on Friday. Molina Healthcare, Inc. has a 1 year low of $42.56 and a 1 year high of $80.74. The stock has a market capitalization of $4,250.00, a PE ratio of 23.01 and a beta of 0.97. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.29 and a current ratio of 1.29.

Molina Healthcare (NYSE:MOH) last announced its quarterly earnings results on Thursday, November 2nd. The company reported ($1.62) EPS for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $5.03 billion for the quarter, compared to the consensus estimate of $4.95 billion. During the same period in the previous year, the company posted $0.85 earnings per share. Molina Healthcare’s quarterly revenue was up 10.7% on a year-over-year basis. analysts forecast that Molina Healthcare, Inc. will post -3.88 EPS for the current fiscal year.

A number of institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its stake in Molina Healthcare by 1.9% during the second quarter. Vanguard Group Inc. now owns 3,619,435 shares of the company’s stock valued at $250,392,000 after buying an additional 66,206 shares during the last quarter. Jana Partners LLC boosted its stake in 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 buying an additional 731,992 shares during the last quarter. Tiedemann Wealth Management LLC boosted its stake in Molina Healthcare by 7.8% during the third quarter. Tiedemann Wealth Management LLC now owns 1,440,066 shares of the company’s stock valued at $135,000 after buying an additional 103,775 shares during the last quarter. Northern Trust Corp boosted its stake in Molina Healthcare by 14.5% during the second quarter. Northern Trust Corp now owns 900,946 shares of the company’s stock valued at $62,328,000 after buying an additional 113,808 shares during the last quarter. Finally, Rothschild Asset Management Inc. boosted its stake in Molina Healthcare by 6.1% during the third quarter. Rothschild Asset Management Inc. now owns 706,683 shares of the company’s stock valued at $48,592,000 after buying an additional 40,737 shares during the last quarter. 96.23% of the stock is owned by institutional investors.

A number of analysts have commented on MOH shares. Jefferies Group upped their price target on Molina Healthcare from $64.00 to $74.00 and gave the stock a “hold” rating in a research report on Friday, November 3rd. Zacks Investment Research cut Molina Healthcare from a “hold” rating to a “sell” rating in a research report on Tuesday, October 3rd. Wolfe Research upgraded Molina Healthcare from a “market perform” rating to an “outperform” rating in a research report on Monday, October 23rd. Morgan Stanley increased their target price on Molina Healthcare from $68.00 to $89.00 and gave the stock an “overweight” rating in a research report on Friday, November 3rd. Finally, ValuEngine cut Molina Healthcare from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and four have issued a buy rating to the stock. Molina Healthcare currently has an average rating of “Hold” and an average price target of $64.25.

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About Molina Healthcare

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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