Market News

MINDBODY, Inc. (MB) Reaches $33.30 After 3.00% Up Move; Partner Fund Management LP Trimmed Molina Healthcare (Call) (MOH) Stake

The stock of MINDBODY, Inc. (NASDAQ:MB) is a huge mover today! The stock increased 2.15% or $0.7 during the last trading session, reaching $33.3. About 148,945 shares traded. MINDBODY, Inc. (NASDAQ:MB) has risen 108.43% since February 15, 2017 and is uptrending. It has outperformed by 91.73% the S&P500.The move comes after 5 months positive chart setup for the $1.56B company. It was reported on Feb, 15 by Barchart.com. We have $34.30 PT which if reached, will make NASDAQ:MB worth $46.65 million more.

Partner Fund Management Lp decreased Molina Healthcare Inc (Call) (MOH) stake by 44.31% reported in 2017Q3 SEC filing. Partner Fund Management Lp sold 390,102 shares as Molina Healthcare Inc (Call) (MOH)’s stock rose 39.71%. The Partner Fund Management Lp holds 490,300 shares with $33.71M value, down from 880,402 last quarter. Molina Healthcare Inc (Call) now has $4.30B valuation. The stock decreased 1.64% or $1.2 during the last trading session, reaching $72.05. About 520,524 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.

Among 11 analysts covering Mindbody Inc (NASDAQ:MB), 9 have Buy rating, 0 Sell and 2 Hold. Therefore 82% are positive. Mindbody Inc had 23 analyst reports since September 28, 2015 according to SRatingsIntel. Imperial Capital maintained MINDBODY, Inc. (NASDAQ:MB) on Friday, July 29 with “Outperform” rating. As per Friday, June 9, the company rating was initiated by J.P. Morgan. The rating was maintained by Northland Capital on Monday, July 24 with “Buy”. The firm has “Buy” rating given on Sunday, October 22 by KeyBanc Capital Markets. Morgan Stanley maintained MINDBODY, Inc. (NASDAQ:MB) on Tuesday, January 30 with “Equal-Weight” rating. The rating was downgraded by Pacific Crest to “Sector Weight” on Friday, May 5. The firm earned “Buy” rating on Monday, January 8 by Jefferies. The firm earned “Outperform” rating on Monday, October 31 by Imperial Capital. Roth Capital initiated it with “Buy” rating and $22.50 target in Friday, September 23 report. On Tuesday, June 7 the stock rating was initiated by Imperial Capital with “Outperform”.

MINDBODY, Inc. operates a cloud-based business management software and payments platform for the small and medium-sized businesses in the wellness services industry. The company has market cap of $1.56 billion. The Company’s platform enables businesses to run, market, and build client scheduling and online booking, staff management, client relationship management, integrated payment processing, retail point-of-sale, analytics and reporting, simple and intuitive user experience, mobility, branded Web, social integration, cloud architecture, open platform for third-party application development, security and compliance, and integration with other cloud partners for yoga, Pilates, barre, indoor cycling, personal training, martial arts, and dance exercise, spas, salons, music instruction studios, dance studios, childrenÂ’s activity centers, and integrative health centers. It currently has negative earnings. The firm offers its software platform to its subscribers as a subscription service.

Investors sentiment increased to 1.08 in 2017 Q3. Its up 0.04, from 1.04 in 2017Q2. It is positive, as 43 investors sold MOH 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. Loomis Sayles & Ltd Partnership invested 0% in Molina Healthcare, Inc. (NYSE:MOH). Thompson Davis & has 0.04% invested in Molina Healthcare, Inc. (NYSE:MOH) for 355 shares. First Mercantile Trust Company invested in 3,890 shares. Clinton accumulated 40,937 shares or 0.31% of the stock. Globeflex Capital Limited Partnership has 0.21% invested in Molina Healthcare, Inc. (NYSE:MOH) for 10,629 shares. Envestnet Asset Mgmt, a Illinois-based fund reported 1,486 shares. Partner Invest Mngmt Limited Partnership holds 0.93% or 14,197 shares in its portfolio. Savings Bank Of Montreal Can invested in 0.01% or 179,903 shares. Oregon Pub Employees Retirement Fund holds 0.02% of its portfolio in Molina Healthcare, Inc. (NYSE:MOH) for 15,761 shares. Lord Abbett Company Ltd Limited Liability Company holds 0.1% or 500,304 shares. Redmile Gp Limited Liability Company holds 1.56% in Molina Healthcare, Inc. (NYSE:MOH) or 461,074 shares. Bnp Paribas Arbitrage accumulated 270,981 shares. Nj State Employees Deferred Compensation Plan holds 0.06% or 5,000 shares in its portfolio. The Florida-based Eagle Asset has invested 0.06% in Molina Healthcare, Inc. (NYSE:MOH). Moreover, Federated Pa has 0.01% invested in Molina Healthcare, Inc. (NYSE:MOH) for 30,686 shares.

Partner Fund Management Lp increased Paypal Hldgs Inc stake by 375,676 shares to 751,075 valued at $48.09M in 2017Q3. It also upped Endologix Inc (NASDAQ:ELGX) stake by 1.06M shares and now owns 6.66 million shares. Evolent Health Inc was raised too.

Since August 17, 2017, it had 0 buys, and 26 sales for $47.75 million activity. ROMNEY RONNA sold $18,633 worth of Molina Healthcare, Inc. (NYSE:MOH) on Friday, December 15. 22,737 shares valued at $1.50 million were sold by MOLINA JOHN C on Monday, September 18. The insider DENTINO WILLIAM sold 67,500 shares worth $5.85 million. Shares for $971,190 were sold by MOLINA J MARIO MD. The insider Rubino Lisa A sold $324,293. $60,000 worth of stock was sold by ORLANDO STEVEN J on Thursday, August 17. $256,931 worth of stock was sold by BAYER TERRY on Friday, January 19.

Among 21 analysts covering Molina Healthcare (NYSE:MOH), 7 have Buy rating, 3 Sell and 11 Hold. Therefore 33% are positive. Molina Healthcare had 53 analyst reports since July 31, 2015 according to SRatingsIntel. Bank of America maintained the shares of MOH in report on Friday, July 14 with “Underperform” rating. The rating was maintained by Cantor Fitzgerald with “Hold” on Thursday, September 3. As per Wednesday, February 14, the company rating was maintained by BMO Capital Markets. The stock has “Overweight” rating by Morgan Stanley on Wednesday, February 14. The firm has “Hold” rating by Jefferies given on Thursday, December 15. The rating was maintained by Jefferies on Tuesday, September 13 with “Buy”. Bank of America downgraded the shares of MOH in report on Friday, April 29 to “Underperform” rating. The stock of Molina Healthcare, Inc. (NYSE:MOH) earned “Hold” rating by Stifel Nicolaus on Thursday, February 16. Stifel Nicolaus maintained the shares of MOH in report on Friday, April 29 with “Buy” rating. Barclays Capital maintained Molina Healthcare, Inc. (NYSE:MOH) rating on Monday, November 2. Barclays Capital has “Equal Weight” rating and $76.0 target.

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 75.05 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.

Leave a Reply

Your email address will not be published. Required fields are marked *