On Jun 29, 2018 Wells Fargo Reiterates Stock Market Perform Rating on Molina Healthcare (NYSE:MOH) and $92 Target.

June 29, 2018 - By Michael Lund

Molina Healthcare, Inc. (NYSE:MOH) Corporate Logo

During Q1 2018 the big money sentiment increased to 1.32. That’s change of 0.04, from 2017Q4’s 1.28. 33 investors sold all, 63 reduced holdings as Molina Healthcare, Inc. ratio is positive. 86 increased positions while 41 funds acquired positions. Funds hold 69.03 million shares thus 11.59% more from 2017Q4’s 61.86 million shares.

Boston Limited Liability Co has invested 0.04% in Molina Healthcare, Inc. (NYSE:MOH). 13,044 were reported by Zacks Investment Mgmt. Partner Fund Mgmt Limited Partnership owns 1.29M shs. Kemnay Advisory Incorporated reported 15,598 shs or 0.55% of all its holdings. Rock Springs Cap Mgmt L P stated it has 1.99% of its capital in Molina Healthcare, Inc. (NYSE:MOH). Polar Cap Limited Liability Partnership has 410,000 shs for 0.34% of their capital. California Pub Employees Retirement stated it has 0.01% of its capital in Molina Healthcare, Inc. (NYSE:MOH). Clinton Gru has 29,768 shs. Earnest Prtn Limited Liability Co reported 599,199 shs. Qs Investors Lc reported 113,202 shs stake. Prudential holds 0.04% in Molina Healthcare, Inc. (NYSE:MOH) or 295,620 shs. Wisconsin-based Convergence Inv Ptnrs Ltd Limited Liability Company has invested 0% in Molina Healthcare, Inc. (NYSE:MOH). Southpoint Cap Lp holds 700,000 shs or 2.52% of its capital. Citadel Advsrs Ltd Llc holds 321,532 shs. Pnc Fincl Svcs Group Inc accumulated 1,526 shs.

Molina Healthcare, Inc. registered $23.63 million net activity with 0 insider buys and 18 selling transactions since January 11, 2018. 200 shs valued at $17,182 were sold by ROMNEY RONNA on Friday, June 1. MOLINA JOHN C also sold $48,468 worth of Molina Healthcare, Inc. (NYSE:MOH) on Friday, February 16. On Thursday, February 15 $325,532 worth of stock was sold by FEDAK CHARLES Z. Carruthers Garrey sold $176,788 worth of Molina Healthcare, Inc. (NYSE:MOH) on Thursday, June 7. On Thursday, May 10 a trade for 1,500 shs valued at $123,150 was made by ORLANDO STEVEN J. On Friday, January 19 2,804 shs were sold by BAYER TERRY, worth $256,931.

Reiterated Molina Healthcare (NYSE:MOH) Rating.

On Thursday morning a report was revealed to clients and investors on Molina Healthcare (NYSE:MOH) of its Market Perform Rating reiterated by research analysts at Wells Fargo. The MC company was given $92 target that would suggest -6.52 % downside potential from the close price.

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

A total of 9 analysts rate Molina Healthcare (NYSE:MOH) as follows: 4 “Buy”, 5 “Hold” and 0 “Sell”. Тherefore 44% are bullish. (NYSE:MOH) has 18 ratings reports on Jun 29, 2018 according to StockzIntelligence. On Tuesday, January 16 the firm earned “Overweight” rating by JP Morgan. On Tuesday, January 16 the company was upgraded by J.P. Morgan. In Tuesday, January 9 report Leerink Swann maintained the stock with “Buy” rating. In Tuesday, March 20 report Piper Jaffray maintained it with “Buy” rating and $92.0 target. The company rating was maintained by Morgan Stanley on Tuesday, May 1. On Wednesday, February 14 the firm has “Overweight” rating by Morgan Stanley given. On Wednesday, February 14 the stock has “Market Perform” rating by BMO Capital Markets. In Wednesday, February 7 report Morgan Stanley maintained it with “Overweight” rating and $94 target. On Wednesday, February 14 Jefferies maintained Molina Healthcare, Inc. (NYSE:MOH) with “Hold” rating. The stock rating was maintained by BMO Capital Markets with “Market Perform” on Friday, June 1.

MOH is touching $98.42 during the last trading session, after decreased 0.10%.Currently Molina Healthcare, Inc. is uptrending after 30.04% change in last June 29, 2017. MOH has also 142,526 shares volume. MOH outperformed the S&P 500 by 17.47%.

Investors wait Molina Healthcare, Inc. (NYSE:MOH)’s quarterly earnings on August, 1., RTT reports. Analysts forecast $1.12 EPS. That’s $1.13 up or 11,300.00 % from 2017’s earnings of $-0.01. If reported the P/E will be 21.97 with $69.09 million profit. After $1.71 EPS report previous quarter, Wall Street now sees -34.50 % negative EPS growth of Molina Healthcare, Inc..

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 firm is valued at $6.07 billion. It operates through three divisions: Health Plans, Molina Medicaid Solutions, and Other.Currently it has negative earnings. The Health Plans segment operates health plans in 12 states.

For more Molina Healthcare, Inc. (NYSE:MOH) news released recently go to: Globenewswire.com, Businesswire.com, Streetinsider.com, Globenewswire.com or 247Wallst.com. The titles are as follows: “UPCOMING DEADLINES: The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of NWL …” released on June 28, 2018, “Deadline in the Class Action Lawsuit Against Molina Healthcare, Inc. (MOH)” on June 25, 2018, “Molina Healthcare (MOH) Says it was Awarded Florida Medicaid Managed Care Contracts” with a publish date: June 18, 2018, “New Research Coverage Highlights Sonoco Products, Molina Healthcare, EQT Midstream Partners, LP, Marcus …” and the last “Jefferies Makes Huge Health Care Addition to Franchise Picks Portfolio” with publication date: June 25, 2018.

Molina Healthcare, Inc. (NYSE:MOH) Institutional Investors Chart

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