Aurora Investment Counsel Has $1.85 Million Stock Position in Molina Healthcare, Inc. (NYSE:MOH)

Aurora Investment Counsel boosted its stake in shares of Molina Healthcare, Inc. (NYSE:MOH) by 1.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,342 shares of the company’s stock after purchasing an additional 117 shares during the quarter. Aurora Investment Counsel’s holdings in Molina Healthcare were worth $1,846,000 at the end of the most recent quarter.

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

Insider Buying and Selling

In other news, Director Steven J. Orlando sold 1,000 shares of the firm’s stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $301.33, for a total value of $301,330.00. Following the transaction, the director now owns 17,375 shares of the company’s stock, valued at approximately $5,235,608.75. This trade represents a 5.44 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 1.11% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on MOH. Mizuho reduced their target price on Molina Healthcare from $382.00 to $376.00 and set an “outperform” rating for the company in a research report on Monday, March 3rd. Stephens reissued an “equal weight” rating and issued a $345.00 target price on shares of Molina Healthcare in a report on Thursday, February 6th. StockNews.com cut Molina Healthcare from a “buy” rating to a “hold” rating in a research report on Monday. UBS Group cut their price objective on Molina Healthcare from $374.00 to $325.00 and set a “neutral” rating for the company in a report on Friday, February 7th. Finally, Barclays lowered their target price on shares of Molina Healthcare from $372.00 to $339.00 and set an “equal weight” rating on the stock in a report on Friday, February 7th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, six have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, Molina Healthcare has an average rating of “Hold” and a consensus target price of $355.69.

Molina Healthcare Price Performance

Shares of MOH stock opened at $310.50 on Friday. Molina Healthcare, Inc. has a 1 year low of $262.32 and a 1 year high of $423.92. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 0.69. The firm’s 50 day moving average is $297.31 and its 200-day moving average is $311.20. The firm has a market capitalization of $17.23 billion, a price-to-earnings ratio of 15.20, a PEG ratio of 1.06 and a beta of 0.56.

Molina Healthcare (NYSE:MOH) last posted its quarterly earnings data on Wednesday, February 5th. The company reported $5.05 earnings per share (EPS) 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%. Sell-side analysts forecast that Molina Healthcare, Inc. will post 24.4 EPS for the current fiscal year.

Molina Healthcare Company Profile

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.