Analysts at BMO Capital Maintain their Past ‘”Market Perform”’ rating on Shares Molina Healthcare (NYSE:MOH), Set a $85 Target

February 15, 2018 - By Nellie Frank

 Analysts at BMO Capital Maintain their Past ‘

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.

Northern Tru Corporation holds 894,827 shares. Zurcher Kantonalbank (Zurich Cantonalbank) reported 1,714 shares. Jane Street Grp Incorporated Ltd Liability Com has 0% invested in Molina Healthcare, Inc. (NYSE:MOH). Moreover, Schroder Management Grp Incorporated has 0.01% invested in Molina Healthcare, Inc. (NYSE:MOH). Moreover, Oregon Employees Retirement Fund has 0.02% invested in Molina Healthcare, Inc. (NYSE:MOH) for 15,761 shares. Aqr Cap Ltd Limited Liability Company invested 0.03% of its portfolio in Molina Healthcare, Inc. (NYSE:MOH). Frontier Capital Co Limited Liability Co reported 178,323 shares. Rhumbline Advisers reported 88,529 shares or 0.01% of all its holdings. Ls Inv Advsr Limited Liability holds 0.01% or 1,878 shares. 123,155 are owned by Qs Investors Limited Liability. Clinton Group Inc has invested 0.31% of its portfolio in Molina Healthcare, Inc. (NYSE:MOH). State Street Corp holds 0.01% of its portfolio in Molina Healthcare, Inc. (NYSE:MOH) for 1.52 million shares. Parallax Volatility Advisers Lp reported 0.01% in Molina Healthcare, Inc. (NYSE:MOH). Td Asset Mngmt invested 0.01% of its portfolio in Molina Healthcare, Inc. (NYSE:MOH). Millennium Limited Liability invested 0.02% in Molina Healthcare, Inc. (NYSE:MOH).

Since August 17, 2017, it had 0 insider purchases, and 26 sales for $47.75 million activity. On Tuesday, October 3 the insider MOLINA J MARIO MD sold $1.02 million. 19,885 shares were sold by MOLINA JOHN C, worth $1.50 million. ORLANDO STEVEN J sold 1,000 shares worth $60,000. 5,224 shares were sold by Barlow Jeff D., worth $352,098. ROMNEY RONNA sold $16,260 worth of stock or 250 shares. Rubino Lisa A sold 5,378 shares worth $324,293.

Molina Healthcare (NYSE:MOH) Rating Reaffirmed

New York: In analysts note revealed to clients and investors on Wednesday morning, BMO Capital reconfirmed their “Market Perform” rating on Molina Healthcare (NYSE:MOH) shares. They now have a $85 TP on the company. BMO Capital’s target would suggest a potential upside of 17.63 % from the company’s last price.

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.

Northern Tru Corporation holds 894,827 shares. Zurcher Kantonalbank (Zurich Cantonalbank) reported 1,714 shares. Jane Street Grp Incorporated Ltd Liability Com has 0% invested in Molina Healthcare, Inc. (NYSE:MOH). Moreover, Schroder Management Grp Incorporated has 0.01% invested in Molina Healthcare, Inc. (NYSE:MOH). Moreover, Oregon Employees Retirement Fund has 0.02% invested in Molina Healthcare, Inc. (NYSE:MOH) for 15,761 shares. Aqr Cap Ltd Limited Liability Company invested 0.03% of its portfolio in Molina Healthcare, Inc. (NYSE:MOH). Frontier Capital Co Limited Liability Co reported 178,323 shares. Rhumbline Advisers reported 88,529 shares or 0.01% of all its holdings. Ls Inv Advsr Limited Liability holds 0.01% or 1,878 shares. 123,155 are owned by Qs Investors Limited Liability. Clinton Group Inc has invested 0.31% of its portfolio in Molina Healthcare, Inc. (NYSE:MOH). State Street Corp holds 0.01% of its portfolio in Molina Healthcare, Inc. (NYSE:MOH) for 1.52 million shares. Parallax Volatility Advisers Lp reported 0.01% in Molina Healthcare, Inc. (NYSE:MOH). Td Asset Mngmt invested 0.01% of its portfolio in Molina Healthcare, Inc. (NYSE:MOH). Millennium Limited Liability invested 0.02% in Molina Healthcare, Inc. (NYSE:MOH).

Since August 17, 2017, it had 0 insider purchases, and 26 sales for $47.75 million activity. On Tuesday, October 3 the insider MOLINA J MARIO MD sold $1.02 million. 19,885 shares were sold by MOLINA JOHN C, worth $1.50 million. ORLANDO STEVEN J sold 1,000 shares worth $60,000. 5,224 shares were sold by Barlow Jeff D., worth $352,098. ROMNEY RONNA sold $16,260 worth of stock or 250 shares. Rubino Lisa A sold 5,378 shares worth $324,293.

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 company was maintained on Friday, November 3 by Morgan Stanley. The rating was maintained by Cowen & Co on Thursday, August 3 with “Hold”. The stock has “Buy” rating by Piper Jaffray on Friday, November 3. The firm has “Buy” rating by Stifel Nicolaus given on Friday, April 29. The rating was upgraded by Stifel Nicolaus on Friday, July 31 to “Buy”. The firm earned “Underweight” rating on Wednesday, June 7 by Morgan Stanley. The company was maintained on Tuesday, October 24 by Piper Jaffray. The stock of Molina Healthcare, Inc. (NYSE:MOH) earned “Buy” rating by Jefferies on Tuesday, September 13. MUFG Securities Americas Inc initiated the stock with “Hold” rating in Thursday, September 21 report. The stock of Molina Healthcare, Inc. (NYSE:MOH) has “Underperform” rating given on Friday, November 11 by Credit Suisse.

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 earnings per share, 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 earnings per share 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: Fool.com which released: “Why Molina Healthcare, Brighthouse Financial, and Kadmon Holdings Slumped Today” on February 13, 2018, also Seekingalpha.com with their article: “Molina down 6% on perceived risk to South Florida business” published on February 06, 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: Businesswire.com and their article: “Molina Healthcare Announces Fourth Quarter and Year-End 2017 Results and …” published on February 12, 2018 as well as Nasdaq.com‘s news article titled: “Earnings Reaction History: Molina Healthcare Inc., 80.0% Follow-Through …” with publication date: February 12, 2018.

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