In today’s session Molina Healthcare, Inc. (MOH) registered an unusually high (470) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious MOH increase. With 470 contracts traded and 4974 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: MOH161118C00060000 closed last at: $1.45 or 81.2% up. About 429,810 shares traded hands. Molina Healthcare, Inc. (NYSE:MOH) has declined 21.18% since April 8, 2016 and is downtrending. It has underperformed by 26.83% the S&P500.
Molina Healthcare, Inc. (NYSE:MOH) Ratings Coverage
Out of 11 analysts covering Molina Healthcare (NYSE:MOH), 4 rate it a “Buy”, 1 “Sell”, while 6 “Hold”. This means 36% are positive. $105 is the highest target while $45 is the lowest. The $74.75 average target is 50.68% above today’s ($49.61) stock price. Molina Healthcare has been the topic of 17 analyst reports since July 31, 2015 according to StockzIntelligence Inc. Leerink Swann maintained Molina Healthcare, Inc. (NYSE:MOH) rating on Monday, May 2. Leerink Swann has “Outperform” rating and $75 price target. Stifel Nicolaus maintained the shares of MOH in a report on Friday, April 29 with “Buy” rating. The rating was downgraded by Bank of America to “Underperform” on Friday, April 29. UBS downgraded the shares of MOH in a report on Friday, April 29 to “Neutral” rating. The company was maintained on Friday, September 18 by Susquehanna. The stock of Molina Healthcare, Inc. (NYSE:MOH) has “Neutral” rating given on Wednesday, September 16 by JP Morgan. On Thursday, September 3 the stock rating was maintained by Cantor Fitzgerald with “Hold”. The company was upgraded on Friday, July 31 by Stifel Nicolaus. On Tuesday, September 13 the stock rating was maintained by Jefferies with “Buy”. The firm has “Sell” rating given on Wednesday, May 4 by Goldman Sachs.
According to Zacks Investment Research, “Molina Healthcare is a multi-state managed care organization that arranges for the delivery of healthcare services to persons eligible for Medicaid and other programs for low-income families and individuals. It currently operates health plans in California, Washington, Michigan and Utah.”
Insitutional Activity: The institutional sentiment decreased to 1.1 in Q2 2016. Its down 0.12, from 1.22 in 2016Q1. The ratio dropped, as 58 funds sold all Molina Healthcare, Inc. shares owned while 76 reduced positions. 46 funds bought stakes while 101 increased positions. They now own 49.13 million shares or 7.28% less from 52.99 million shares in 2016Q1.
Metropolitan Life Ins Ny holds 68,964 shares or 0.03% of its portfolio. Convergence Invest Partners Limited Liability Corporation last reported 0.32% of its portfolio in the stock. Credit Suisse Ag reported 73,850 shares or 0% of all its holdings. Arrowgrass Prtn Llp, a United Kingdom-based fund reported 250,000 shares. Fred Alger Mgmt reported 66,536 shares or 0.02% of all its holdings. Raymond James Associate has invested 0.01% of its portfolio in Molina Healthcare, Inc. (NYSE:MOH). Tower Lc (Trc) reported 8,028 shares or 0.04% of all its holdings. Thompson Siegel Walmsley Limited Liability Corporation accumulated 0.2% or 252,155 shares. Strs Ohio owns 25,000 shares or 0.01% of their US portfolio. Amalgamated Savings Bank has 5,236 shares for 0.02% of their US portfolio. The Georgia-based Voya Inv Mngmt Limited Liability Company has invested 0.01% in Molina Healthcare, Inc. (NYSE:MOH). Moreover, Panagora Asset has 0.05% invested in Molina Healthcare, Inc. (NYSE:MOH) for 219,396 shares. Royal Bank & Trust Of Canada, a Ontario – Canada-based fund reported 10,009 shares. Acadian Asset Management Limited Liability Company last reported 72,989 shares in the company. Amer Int Gru has 0% invested in the company for 103,557 shares.
Insider Transactions: Since July 28, 2016, the stock had 0 buys, and 13 selling transactions for $3.49 million net activity. $88,736 worth of Molina Healthcare, Inc. (NYSE:MOH) was sold by Carruthers Garrey on Tuesday, September 13. $14,170 worth of Molina Healthcare, Inc. (NYSE:MOH) was sold by ROMNEY RONNA. Another trade for 25,014 shares valued at $1.50M was made by MOLINA JOHN C on Monday, October 24. ORLANDO STEVEN J also sold $147,050 worth of Molina Healthcare, Inc. (NYSE:MOH) shares. 3,000 shares were sold by WOLF DALE B, worth $172,890. 8,250 shares with value of $478,500 were sold by BAYER TERRY on Tuesday, August 2. WHITE JOSEPH W CPA had sold 6,676 shares worth $390,399 on Thursday, August 4.
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 has a market cap of $2.37 billion. The Firm operates through three divisions: Health Plans, Molina Medicaid Solutions and Other. It has a 21.9 P/E ratio. The Company’s Health Plans segment consists of health plans in approximately 10 states and the Commonwealth of Puerto Rico, and its direct delivery business.
MOH Company Profile
Molina Healthcare, Inc., incorporated on July 24, 2002, offers Medicaid-related solutions for low-income families and individuals, and assists government agencies in their administration of the Medicaid program. The Firm operates through three divisions: Health Plans, Molina Medicaid Solutions and Other, which includes its Pathways Health and Community Support LLC (Pathways) business. It arranges healthcare services for its members through contracts with providers that include independent physicians and groups, hospitals, ancillary providers and its own clinics. The Company’s network of providers includes primary care physicians, specialists and hospitals.
More news for Molina Healthcare, Inc. (NYSE:MOH) were recently published by: Prnewswire.com, which released: “New Research From First Book and Molina Healthcare Identifies Emotional …” on November 04, 2016. Streetinsider.com‘s article titled: “Form 4 MOLINA HEALTHCARE INC For: Nov 07 Filed by: ROMNEY RONNA” and published on November 09, 2016 is yet another important article.
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