Janus Henderson Group PLC Has $3.06 Million Position in Molina Healthcare, Inc $MOH

Janus Henderson Group PLC lessened its position in shares of Molina Healthcare, Inc (NYSE:MOH) by 11.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 23,000 shares of the company’s stock after selling 2,926 shares during the period. Janus Henderson Group PLC’s holdings in Molina Healthcare were worth $3,065,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. 7G Capital Management LLC acquired a new stake in Molina Healthcare in the fourth quarter valued at about $1,735,000. BNP Paribas Financial Markets raised its stake in Molina Healthcare by 63.0% during the fourth quarter. BNP Paribas Financial Markets now owns 439,371 shares of the company’s stock worth $76,248,000 after acquiring an additional 169,739 shares in the last quarter. M&T Bank Corp lifted its holdings in shares of Molina Healthcare by 451.1% in the fourth quarter. M&T Bank Corp now owns 42,455 shares of the company’s stock worth $7,368,000 after acquiring an additional 34,751 shares during the last quarter. Aurora Investment Managers LLC. bought a new position in shares of Molina Healthcare in the first quarter worth about $2,349,000. Finally, Nations Financial Group Inc. IA ADV acquired a new stake in shares of Molina Healthcare in the 4th quarter valued at approximately $1,277,000. 98.50% of the stock is owned by institutional investors.

Molina Healthcare Stock Up 2.5%

NYSE:MOH opened at $196.65 on Friday. The firm’s 50 day simple moving average is $209.25 and its 200 day simple moving average is $177.81. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.68 and a quick ratio of 1.68. Molina Healthcare, Inc has a one year low of $121.06 and a one year high of $244.89. The company has a market cap of $10.27 billion, a PE ratio of -1,092.43, a P/E/G ratio of 28.14 and a beta of 0.75.

Molina Healthcare (NYSE:MOH) last announced its quarterly earnings results on Wednesday, July 22nd. The company reported $1.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.39 by $0.12. The firm had revenue of $10.87 billion during the quarter, compared to analysts’ expectations of $10.83 billion. Molina Healthcare had a negative net margin of 0.02% and a positive return on equity of 3.73%. The company’s revenue was down 4.8% on a year-over-year basis. During the same period in the prior year, the company posted $5.48 EPS. On average, research analysts anticipate that Molina Healthcare, Inc will post 5.29 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Cantor Fitzgerald reissued a “neutral” rating on shares of Molina Healthcare in a research note on Friday, July 24th. Jefferies Financial Group set a $230.00 target price on shares of Molina Healthcare in a research note on Tuesday, July 14th. Royal Bank Of Canada lowered their price target on shares of Molina Healthcare from $248.00 to $218.00 and set a “sector perform” rating for the company in a report on Friday, July 24th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $129.00 price target on shares of Molina Healthcare in a research note on Friday, April 24th. Finally, Wall Street Zen raised Molina Healthcare from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $202.44.

Insider Buying and Selling at Molina Healthcare

In other Molina Healthcare news, CAO Maurice Hebert sold 600 shares of Molina Healthcare stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $191.55, for a total transaction of $114,930.00. Following the transaction, the chief accounting officer directly owned 12,815 shares of the company’s stock, valued at approximately $2,454,713.25. The trade was a 4.47% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Jeff D. Barlow sold 17,811 shares of the company’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $186.12, for a total value of $3,314,983.32. Following the completion of the sale, the insider owned 67,175 shares in the company, valued at $12,502,611. This trade represents a 20.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.44% of the company’s stock.

Molina Healthcare Profile

Molina Healthcare, Inc is a managed care company specializing in government-sponsored health insurance programs. The company offers Medicaid managed care plans, Medicare Advantage and prescription drug plans, and individual Marketplace plans under the Affordable Care Act. Through an integrated care model, Molina emphasizes preventive and primary care services, care coordination, and disease management to improve health outcomes for its members.

The company traces its roots to the early 1980s, when Dr.