Level Four Advisory Services LLC Decreases Stake in Molina Healthcare, Inc. (NYSE:MOH)

Level Four Advisory Services LLC lessened its holdings in shares of Molina Healthcare, Inc. (NYSE:MOH) by 7.4% in the 4th quarter, Holdings Channel reports. The fund owned 6,049 shares of the company’s stock after selling 480 shares during the quarter. Level Four Advisory Services LLC’s holdings in Molina Healthcare were worth $1,761,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of MOH. Public Sector Pension Investment Board increased its holdings in shares of Molina Healthcare by 13.5% in the third quarter. Public Sector Pension Investment Board now owns 2,527 shares of the company’s stock valued at $871,000 after purchasing an additional 300 shares during the last quarter. Tributary Capital Management LLC raised its holdings in shares of Molina Healthcare by 76.1% during the 4th quarter. Tributary Capital Management LLC now owns 4,190 shares of the company’s stock worth $1,219,000 after acquiring an additional 1,811 shares during the period. Everence Capital Management Inc. acquired a new position in shares of Molina Healthcare during the 4th quarter valued at about $544,000. Smartleaf Asset Management LLC increased its position in Molina Healthcare by 123.9% during the fourth quarter. Smartleaf Asset Management LLC now owns 347 shares of the company’s stock worth $100,000 after purchasing an additional 192 shares during the last quarter. Finally, SYM FINANCIAL Corp acquired a new stake in Molina Healthcare during the fourth quarter worth about $249,000. 98.50% of the stock is owned by hedge funds and other institutional investors.

Molina Healthcare Stock Down 0.2 %

Shares of NYSE:MOH opened at $322.78 on Friday. The firm has a market capitalization of $17.66 billion, a PE ratio of 15.80, a price-to-earnings-growth ratio of 1.06 and a beta of 0.56. Molina Healthcare, Inc. has a 1 year low of $262.32 and a 1 year high of $409.07. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.62 and a quick ratio of 1.62. The firm’s 50-day moving average is $302.98 and its two-hundred day moving average is $309.01.

Molina Healthcare (NYSE:MOH) last announced its earnings results on Wednesday, February 5th. The company reported $5.05 earnings per share for the quarter, missing the consensus estimate of $5.74 by ($0.69). Molina Healthcare had a return on equity of 28.13% and a net margin of 2.90%. Analysts predict that Molina Healthcare, Inc. will post 24.4 EPS for the current year.

Wall Street Analyst Weigh In

MOH has been the topic of several recent analyst reports. UBS Group decreased their target price on shares of Molina Healthcare from $374.00 to $325.00 and set a “neutral” rating on the stock in a report on Friday, February 7th. Stephens reiterated an “equal weight” rating and issued a $345.00 price objective on shares of Molina Healthcare in a research report on Thursday, February 6th. StockNews.com raised Molina Healthcare from a “hold” rating to a “buy” rating in a research note on Wednesday. Mizuho decreased their price target on Molina Healthcare from $382.00 to $376.00 and set an “outperform” rating on the stock in a research note on Monday, March 3rd. Finally, Truist Financial cut their price objective on Molina Healthcare from $370.00 to $340.00 and set a “buy” rating for the company in a research report on Wednesday, February 19th. Six research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $348.75.

Insider Activity

In related news, Director Steven J. Orlando sold 1,000 shares of the business’s stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $301.33, for a total transaction of $301,330.00. Following the completion of the transaction, the director now directly owns 17,375 shares of the company’s stock, valued at $5,235,608.75. The trade was a 5.44 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 1.10% of the company’s stock.

About Molina Healthcare

Molina Healthcare, Inc provides managed healthcare services to low-income families and individuals under the Medicaid and Medicare programs and through the state insurance marketplaces. It operates in four segments: Medicaid, Medicare, Marketplace, and Other. The company served in across 19 states. The company was founded in 1980 and is headquartered in Long Beach, California.