Stock News

Greenlight Capital Has Upped Its Holding in General Mtrs Co (GM) as Valuation Declined; As Molina Healthcare (MOH) Stock Value Rose, Millennium Management Boosted by $27.03 Million Its Stake

Molina Healthcare, Inc. (NYSE:MOH) Logo

Israel Englander increased its stake in Molina Healthcare Inc (MOH) by 194.86% based on its latest 2017Q4 regulatory filing with the SEC. Millennium Management Llc bought 355,663 shares as the company’s stock rose 5.02% while stock markets declined. The hedge fund run by Israel Englander held 538,181 shares of the medical specialities company at the end of 2017Q4, valued at $41.27 million, up from 182,518 at the end of the previous reported quarter. Millennium Management Llc who had been investing in Molina Healthcare Inc for a number of months, seems to be bullish on the $5.08 billion market cap company. The stock decreased 0.79% or $0.67 during the last trading session, reaching $84.64. About 531,419 shares traded. Molina Healthcare, Inc. (NYSE:MOH) has risen 69.35% since April 24, 2017 and is uptrending. It has outperformed by 57.80% the S&P500.

David Einhorn increased its stake in General Mtrs Co (GM) by 1193.11% based on its latest 2017Q4 regulatory filing with the SEC. Greenlight Capital Inc bought 23.86M shares as the company’s stock declined 17.02% with the market. The hedge fund run by David Einhorn held 25.86 million shares of the auto manufacturing company at the end of 2017Q4, valued at $1.06 billion, up from 2.00M at the end of the previous reported quarter. Greenlight Capital Inc who had been investing in General Mtrs Co for a number of months, seems to be bullish on the $52.90 billion market cap company. The stock increased 0.21% or $0.08 during the last trading session, reaching $37.77. About 5.41M shares traded. General Motors Company (NYSE:GM) has risen 0.46% since April 24, 2017 and is uptrending. It has underperformed by 11.09% the S&P500.

Among 29 analysts covering General Motors Company (NYSE:GM), 17 have Buy rating, 3 Sell and 9 Hold. Therefore 59% are positive. General Motors Company had 94 analyst reports since July 24, 2015 according to SRatingsIntel. Morgan Stanley upgraded the shares of GM in report on Monday, September 19 to “Overweight” rating. The stock has “In-Line” rating by Evercore on Friday, March 31. The rating was maintained by Citigroup on Monday, February 12 with “Buy”. The rating was maintained by Piper Jaffray with “Buy” on Monday, September 11. Nomura downgraded the stock to “Hold” rating in Wednesday, November 1 report. Citigroup upgraded it to “Buy” rating and $60.0 target in Wednesday, October 25 report. Piper Jaffray maintained the shares of GM in report on Tuesday, July 11 with “Buy” rating. The company was upgraded on Friday, May 6 by Morgan Stanley. The firm has “Buy” rating by CFRA given on Tuesday, January 16. The firm has “Buy” rating by Piper Jaffray given on Monday, October 16.

Greenlight Capital Inc, which manages about $11.41B and $5.50 billion US Long portfolio, decreased its stake in Chemours Co by 436,900 shares to 1.05 million shares, valued at $52.47 million in 2017Q4, according to the filing. It also reduced its holding in Childrens Pl Inc (NASDAQ:PLCE) by 23,300 shares in the quarter, leaving it with 43,100 shares, and cut its stake in Tempur Sealy Intl Inc (NYSE:TPX).

Investors sentiment increased to 0.9 in Q4 2017. Its up 0.03, from 0.87 in 2017Q3. It increased, as 64 investors sold GM shares while 322 reduced holdings. 122 funds opened positions while 225 raised stakes. 999.45 million shares or 1.00% less from 1.01 billion shares in 2017Q3 were reported. Sol Cap Communications stated it has 0.1% of its portfolio in General Motors Company (NYSE:GM). Gam Hldgs Ag reported 0.09% of its portfolio in General Motors Company (NYSE:GM). Convergence Invest Partners Limited Liability Company holds 0.03% or 6,164 shares. Capital Invsts has invested 0.08% of its portfolio in General Motors Company (NYSE:GM). Perella Weinberg Partners Mngmt LP holds 0.72% of its portfolio in General Motors Company (NYSE:GM) for 183,992 shares. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0.11% or 304,616 shares in its portfolio. Moreover, Veritable Limited Partnership has 0.04% invested in General Motors Company (NYSE:GM). The California-based Hennessy has invested 0.18% in General Motors Company (NYSE:GM). Picton Mahoney Asset Management has 0.26% invested in General Motors Company (NYSE:GM) for 236,600 shares. Advantus Cap Mgmt Inc accumulated 128,799 shares. The Nebraska-based Berkshire Hathaway has invested 1.07% in General Motors Company (NYSE:GM). Shell Asset Mngmt invested in 313,299 shares. Dsc Lp invested in 53,905 shares or 1.28% of the stock. Arrowstreet Capital Partnership has 63,200 shares for 0.01% of their portfolio. Balasa Dinverno & Foltz Limited Liability Company has 44,225 shares for 0.27% of their portfolio.

Among 21 analysts covering Molina Healthcare (NYSE:MOH), 7 have Buy rating, 3 Sell and 11 Hold. Therefore 33% are positive. Molina Healthcare had 56 analyst reports since July 31, 2015 according to SRatingsIntel. The stock has “Buy” rating by Goldman Sachs on Tuesday, December 13. The rating was maintained by Raymond James on Friday, December 8 with “Hold”. The firm earned “Buy” rating on Tuesday, September 13 by Jefferies. The rating was maintained by Jefferies with “Hold” on Wednesday, February 14. Credit Suisse initiated the stock with “Neutral” rating in Wednesday, December 16 report. The firm earned “Underweight” rating on Wednesday, June 7 by Morgan Stanley. The firm has “Buy” rating given on Friday, April 29 by Stifel Nicolaus. The firm earned “Equal Weight” rating on Monday, November 2 by Barclays Capital. The company was initiated on Wednesday, September 16 by JP Morgan. The stock of Molina Healthcare, Inc. (NYSE:MOH) earned “Buy” rating by Piper Jaffray on Tuesday, March 20.

Investors sentiment increased to 1.28 in Q4 2017. Its up 0.20, from 1.08 in 2017Q3. It increased, as 19 investors sold MOH shares while 76 reduced holdings. 49 funds opened positions while 73 raised stakes. 61.86 million shares or 5.56% more from 58.60 million shares in 2017Q3 were reported. Moreover, Price T Rowe Assoc Md has 0.07% invested in Molina Healthcare, Inc. (NYSE:MOH) for 5.39 million shares. Bancorp Of Ny Mellon reported 665,421 shares. Cornerstone Capital Mgmt Holdings Limited Liability Corporation has 0.04% invested in Molina Healthcare, Inc. (NYSE:MOH). Cambiar Investors Limited Co stated it has 135,242 shares. Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 2,404 shares. Amundi Pioneer Asset Management has invested 0% of its portfolio in Molina Healthcare, Inc. (NYSE:MOH). Bancorporation holds 470 shares. Shell Asset Company holds 0.02% in Molina Healthcare, Inc. (NYSE:MOH) or 15,905 shares. 572 are held by Tower Research Capital Ltd (Trc). Iridian Asset Management Ltd Ct invested 1.08% of its portfolio in Molina Healthcare, Inc. (NYSE:MOH). Highland Capital Mgmt Lp has 8,220 shares. Parametric Port Ltd Company stated it has 111,530 shares. Ls Investment Advsr Ltd Liability holds 1,609 shares. Partner Fund Mngmt Ltd Partnership stated it has 2.14% of its portfolio in Molina Healthcare, Inc. (NYSE:MOH). Fifth Third National Bank & Trust reported 81 shares.

Since December 11, 2017, it had 0 insider buys, and 18 sales for $33.21 million activity. $4.50 million worth of Molina Healthcare, Inc. (NYSE:MOH) was sold by MOLINA JOHN C on Tuesday, February 20. 1,500 shares were sold by ORLANDO STEVEN J, worth $109,155 on Monday, February 26. $18,043 worth of Molina Healthcare, Inc. (NYSE:MOH) was sold by ROMNEY RONNA. FEDAK CHARLES Z sold $325,532 worth of Molina Healthcare, Inc. (NYSE:MOH) on Thursday, February 15. The insider BAYER TERRY sold 2,804 shares worth $256,931.

Millennium Management Llc, which manages about $72.45B US Long portfolio, decreased its stake in Tuesday Morning Corp (NASDAQ:TUES) by 577,078 shares to 610,747 shares, valued at $1.68 million in 2017Q4, according to the filing. It also reduced its holding in Pjt Partners Inc by 203,446 shares in the quarter, leaving it with 243,796 shares, and cut its stake in Ssr Mng Inc.

Molina Healthcare, Inc. (NYSE:MOH) Institutional Positions Chart

Leave a Reply

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