Reaffirmed: Molina Healthcare (NYSE:MOH) Market Perform Rating Maintained by Analysts at BMO Capital; $85 Target in Place

February 15, 2018 - By Stephen Andrade

 Reaffirmed: Molina Healthcare (NYSE:MOH) Market Perform Rating Maintained by Analysts at BMO Capital; $85 Target in Place

Investors sentiment increased to 1.08 in Q3 2017. Its up 0.04, from 1.04 in 2017Q2. It is positive, as 43 investors sold Molina Healthcare, Inc. shares while 61 reduced holdings. 23 funds opened positions while 89 raised stakes. 58.60 million shares or 8.44% more from 54.04 million shares in 2017Q2 were reported.

Riverhead Capital Mngmt Ltd Com stated it has 0.01% of its portfolio in Molina Healthcare, Inc. (NYSE:MOH). Fmr Lc holds 373,071 shares or 0% of its portfolio. Commercial Bank Of New York Mellon, a New York-based fund reported 717,124 shares. Moreover, Weaver C Barksdale Associates has 0.11% invested in Molina Healthcare, Inc. (NYSE:MOH). Sectoral Asset Mngmt holds 1.95% of its portfolio in Molina Healthcare, Inc. (NYSE:MOH) for 220,359 shares. Peak6 Invs Limited Partnership has invested 0% in Molina Healthcare, Inc. (NYSE:MOH). Oregon Pub Employees Retirement Fund holds 0.02% or 15,761 shares. Teachers Retirement Sys Of The State Of Kentucky holds 13,240 shares. Ontario – Canada-based Retail Bank Of Montreal Can has invested 0.01% in Molina Healthcare, Inc. (NYSE:MOH). Numeric Invsts Ltd Limited Liability Company accumulated 46,350 shares. Hanseatic Management Inc reported 0% in Molina Healthcare, Inc. (NYSE:MOH). Lord Abbett And Company Llc owns 500,304 shares or 0.1% of their US portfolio. Principal Grp Inc owns 192,315 shares or 0.01% of their US portfolio. Us Commercial Bank De invested 0% in Molina Healthcare, Inc. (NYSE:MOH). Macquarie Group Ltd owns 1,300 shares or 0% of their US portfolio.

Since August 17, 2017, it had 0 buys, and 26 selling transactions for $47.75 million activity. $18,633 worth of stock was sold by ROMNEY RONNA on Friday, December 15. MOLINA JOHN C also sold $1.50 million worth of Molina Healthcare, Inc. (NYSE:MOH) on Monday, October 23. Barlow Jeff D. sold $352,098 worth of stock or 5,224 shares. BAYER TERRY sold $256,931 worth of stock or 2,804 shares. Another trade for 67,500 shares valued at $5.01 million was sold by DENTINO WILLIAM. MOLINA J MARIO MD also sold $1.02 million worth of Molina Healthcare, Inc. (NYSE:MOH) shares.

Molina Healthcare (NYSE:MOH) Rating Reaffirmed

Recently, In an analyst report revealed to investors on Wednesday, 14 February, Molina Healthcare (NYSE:MOH) shares have had their Market Perform Rating restate by stock research analysts at BMO Capital, who currently has a $85 price target on company. This target by BMO Capital would suggest the possibile upside of 17.63 % from the previous close.

Investors sentiment increased to 1.08 in Q3 2017. Its up 0.04, from 1.04 in 2017Q2. It is positive, as 43 investors sold Molina Healthcare, Inc. shares while 61 reduced holdings. 23 funds opened positions while 89 raised stakes. 58.60 million shares or 8.44% more from 54.04 million shares in 2017Q2 were reported.

Riverhead Capital Mngmt Ltd Com stated it has 0.01% of its portfolio in Molina Healthcare, Inc. (NYSE:MOH). Fmr Lc holds 373,071 shares or 0% of its portfolio. Commercial Bank Of New York Mellon, a New York-based fund reported 717,124 shares. Moreover, Weaver C Barksdale Associates has 0.11% invested in Molina Healthcare, Inc. (NYSE:MOH). Sectoral Asset Mngmt holds 1.95% of its portfolio in Molina Healthcare, Inc. (NYSE:MOH) for 220,359 shares. Peak6 Invs Limited Partnership has invested 0% in Molina Healthcare, Inc. (NYSE:MOH). Oregon Pub Employees Retirement Fund holds 0.02% or 15,761 shares. Teachers Retirement Sys Of The State Of Kentucky holds 13,240 shares. Ontario – Canada-based Retail Bank Of Montreal Can has invested 0.01% in Molina Healthcare, Inc. (NYSE:MOH). Numeric Invsts Ltd Limited Liability Company accumulated 46,350 shares. Hanseatic Management Inc reported 0% in Molina Healthcare, Inc. (NYSE:MOH). Lord Abbett And Company Llc owns 500,304 shares or 0.1% of their US portfolio. Principal Grp Inc owns 192,315 shares or 0.01% of their US portfolio. Us Commercial Bank De invested 0% in Molina Healthcare, Inc. (NYSE:MOH). Macquarie Group Ltd owns 1,300 shares or 0% of their US portfolio.

Since August 17, 2017, it had 0 buys, and 26 selling transactions for $47.75 million activity. $18,633 worth of stock was sold by ROMNEY RONNA on Friday, December 15. MOLINA JOHN C also sold $1.50 million worth of Molina Healthcare, Inc. (NYSE:MOH) on Monday, October 23. Barlow Jeff D. sold $352,098 worth of stock or 5,224 shares. BAYER TERRY sold $256,931 worth of stock or 2,804 shares. Another trade for 67,500 shares valued at $5.01 million was sold by DENTINO WILLIAM. MOLINA J MARIO MD also sold $1.02 million worth of Molina Healthcare, Inc. (NYSE:MOH) shares.

Molina Healthcare, Inc. (NYSE:MOH) Ratings Coverage

Among 21 analysts covering Molina Healthcare (NYSE:MOH), 7 have Buy rating, 3 Sell and 11 Hold. Therefore 33% are positive. Molina Healthcare has $105 highest and $45 lowest target. $75.06’s average target is 3.87% above currents $72.26 stock price. Molina Healthcare had 53 analyst reports since July 31, 2015 according to SRatingsIntel. The stock has “Neutral” rating by UBS on Friday, April 29. Morgan Stanley maintained Molina Healthcare, Inc. (NYSE:MOH) rating on Wednesday, February 7. Morgan Stanley has “Overweight” rating and $94 target. Barclays Capital maintained it with “Equal Weight” rating and $76.0 target in Monday, November 2 report. The rating was maintained by Piper Jaffray with “Buy” on Tuesday, October 24. The stock of Molina Healthcare, Inc. (NYSE:MOH) has “Underweight” rating given on Wednesday, June 7 by Morgan Stanley. The company was maintained on Friday, November 3 by Morgan Stanley. The rating was maintained by Jefferies on Tuesday, September 13 with “Buy”. The stock has “Underperform” rating by Credit Suisse on Friday, November 11. The stock of Molina Healthcare, Inc. (NYSE:MOH) has “Underperform” rating given on Friday, April 29 by Bank of America. The rating was maintained by Raymond James with “Hold” on Friday, December 8.

The stock decreased 1.34% or $0.99 during the last trading session, reaching $72.26. About 656,407 shares traded. Molina Healthcare, Inc. (NYSE:MOH) has risen 48.61% since February 15, 2017 and is uptrending. It has outperformed by 31.91% the S&P500.

Analysts await Molina Healthcare, Inc. (NYSE:MOH) to report earnings on February, 21. They expect $0.24 EPS, down 61.90 % or $0.39 from last year’s $0.63 per share. MOH’s profit will be $14.33M for 75.27 P/E if the $0.24 EPS becomes a reality. After $1.13 actual EPS reported by Molina Healthcare, Inc. for the previous quarter, Wall Street now forecasts -78.76 % negative EPS growth.

Molina Healthcare, Inc. provides Medicaid-related solutions to meet the health care needs of low-income families and individuals; and to assist state agencies in their administration of the Medicaid program in the United States. The company has market cap of $4.31 billion. It operates through three divisions: Health Plans, Molina Medicaid Solutions, and Other. It currently has negative earnings. The Health Plans segment operates health plans in 12 states.

More notable recent Molina Healthcare, Inc. (NYSE:MOH) news were published by: Globenewswire.com which released: “Molina Healthcare Announces Fourth Quarter and Year-End 2017 Earnings Release …” on January 17, 2018, also Nasdaq.com with their article: “Earnings Reaction History: Molina Healthcare Inc., 80.0% Follow-Through …” published on February 12, 2018, Labusinessjournal.com published: “ApolloMed to Manage 100000 Patients at 17 Former Molina Healthcare Clinics” on February 06, 2018. More interesting news about Molina Healthcare, Inc. (NYSE:MOH) were released by: Benzinga.com and their article: “Molina Healthcare Earnings Preview” published on February 12, 2018 as well as Nasdaq.com‘s news article titled: “Molina Healthcare (MOH) Tops on Q4 Earnings, Issues ’18 View” with publication date: February 13, 2018.

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