Zeke Capital Advisors Lifted Medtronic Plc Shs (MDT) Stake by $416,680; Molina Healthcare (MOH) Holder Massachusetts Financial Services Company Cut Stake as Shares Rose

December 8, 2017 - By Michael Collier

Massachusetts Financial Services Company decreased its stake in Molina Healthcare Inc (MOH) by 79.26% based on its latest 2017Q2 regulatory filing with the SEC. Massachusetts Financial Services Company sold 426,922 shares as the company’s stock rose 39.71% with the market. The institutional investor held 111,719 shares of the medical specialities company at the end of 2017Q2, valued at $7.73M, down from 538,641 at the end of the previous reported quarter. Massachusetts Financial Services Company who had been investing in Molina Healthcare Inc for a number of months, seems to be less bullish one the $4.25 billion market cap company. The stock increased 0.23% or $0.17 during the last trading session, reaching $74.46. About 2.63 million shares traded or 120.86% up from the average. Molina Healthcare, Inc. (NYSE:MOH) has risen 48.61% since December 8, 2016 and is uptrending. It has outperformed by 31.91% the S&P500.

Zeke Capital Advisors Llc increased its stake in Medtronic Plc Shs (MDT) by 25% based on its latest 2017Q2 regulatory filing with the SEC. Zeke Capital Advisors Llc bought 4,735 shares as the company’s stock rose 5.51% with the market. The hedge fund held 23,675 shares of the electromedical & electrotherapeutic apparatus company at the end of 2017Q2, valued at $2.10 million, up from 18,940 at the end of the previous reported quarter. Zeke Capital Advisors Llc who had been investing in Medtronic Plc Shs for a number of months, seems to be bullish on the $109.05 billion market cap company. The stock decreased 1.14% or $0.93 during the last trading session, reaching $80.57. About 5.50M shares traded. Medtronic plc (NYSE:MDT) has risen 4.04% since December 8, 2016 and is uptrending. It has underperformed by 12.66% the S&P500.

Among 19 analysts covering Molina Healthcare (NYSE:MOH), 6 have Buy rating, 3 Sell and 10 Hold. Therefore 32% are positive. Molina Healthcare had 43 analyst reports since July 31, 2015 according to SRatingsIntel. The company was initiated on Wednesday, September 16 by JP Morgan. Jefferies maintained the shares of MOH in report on Tuesday, September 13 with “Buy” rating. Jefferies maintained Molina Healthcare, Inc. (NYSE:MOH) on Wednesday, June 7 with “Hold” rating. The firm has “Overweight” rating by Piper Jaffray given on Wednesday, January 4. Jefferies maintained Molina Healthcare, Inc. (NYSE:MOH) on Friday, November 3 with “Hold” rating. Morgan Stanley initiated Molina Healthcare, Inc. (NYSE:MOH) on Wednesday, June 7 with “Underweight” rating. Barclays Capital maintained Molina Healthcare, Inc. (NYSE:MOH) rating on Tuesday, March 21. Barclays Capital has “Equal-Weight” rating and $51 target. The stock has “Buy” rating by Piper Jaffray on Tuesday, October 24. The company was downgraded on Thursday, February 16 by Stifel Nicolaus. The firm has “Overweight” rating by Morgan Stanley given on Thursday, August 17.

Investors sentiment decreased to 1.04 in Q2 2017. Its down 0.15, from 1.19 in 2017Q1. It dived, as 33 investors sold MOH shares while 85 reduced holdings. 55 funds opened positions while 68 raised stakes. 54.04 million shares or 3.75% more from 52.09 million shares in 2017Q1 were reported. Sandy Spring Bankshares has 400 shares. Capstone Investment Advisors reported 33,210 shares. Ubs Asset Americas has invested 0% of its portfolio in Molina Healthcare, Inc. (NYSE:MOH). Retirement Of Alabama invested in 55,116 shares or 0.02% of the stock. Advsrs Asset holds 0.02% or 14,001 shares in its portfolio. 4,779 were accumulated by Cim Invest Mangement Incorporated. Numeric Invsts Llc has invested 0.23% in Molina Healthcare, Inc. (NYSE:MOH). 4,520 were reported by First Mercantile Tru Com. Moreover, Perceptive Advsrs has 0.03% invested in Molina Healthcare, Inc. (NYSE:MOH). Wedge Capital Mngmt L Ltd Partnership Nc stated it has 0.01% in Molina Healthcare, Inc. (NYSE:MOH). Balyasny Asset Mgmt Limited Liability Corp invested in 0% or 9,895 shares. Jpmorgan Chase & accumulated 0.01% or 892,563 shares. Tudor Inv Corporation Et Al owns 18,175 shares. Victory Management reported 0.19% stake. Chicago Equity Prtn Ltd Limited Liability Company reported 70,635 shares or 0.13% of all its holdings.

Since June 12, 2017, it had 0 insider buys, and 4 insider sales for $3.07 million activity. 283 Molina Healthcare, Inc. (NYSE:MOH) shares with value of $19,094 were sold by BAYER TERRY. The insider MOLINA J MARIO MD sold $991,380.

Analysts await Molina Healthcare, Inc. (NYSE:MOH) to report earnings on February, 21. They expect $0.19 earnings per share, down 69.84% or $0.44 from last year’s $0.63 per share. MOH’s profit will be $10.85 million for 97.97 P/E if the $0.19 EPS becomes a reality. After $1.13 actual earnings per share reported by Molina Healthcare, Inc. for the previous quarter, Wall Street now forecasts -83.19% negative EPS growth.

Massachusetts Financial Services Company, which manages about $225.37B US Long portfolio, upped its stake in Community Health Sys Inc New (NYSE:CYH) by 47,797 shares to 373,939 shares, valued at $3.72 million in 2017Q2, according to the filing. It also increased its holding in Pinnacle Foods Inc Del (NYSE:PF) by 187,291 shares in the quarter, for a total of 1.56 million shares, and has risen its stake in Pepsico Inc (NYSE:PEP).

More recent Molina Healthcare, Inc. (NYSE:MOH) news were published by: Prnewswire.com which released: “Stock Review for Health Care Plans Investors — CVS Health, Molina Healthcare …” on December 07, 2017. Also Businesswire.com published the news titled: “Molina Healthcare Announces Pricing of Synthetic Exchange Transaction” on December 07, 2017. Benzinga.com‘s news article titled: “Food, Fashion, Finance Firms Among 10 To IPO” with publication date: November 14, 2017 was also an interesting one.

Zeke Capital Advisors Llc, which manages about $2.12 billion and $517.55M US Long portfolio, decreased its stake in Gilead Sciences Inc Com (NASDAQ:GILD) by 6,537 shares to 9,242 shares, valued at $654,000 in 2017Q2, according to the filing. It also reduced its holding in Citigroup Inc Com New (NYSE:C) by 5,727 shares in the quarter, leaving it with 44,345 shares, and cut its stake in Cisco Sys Inc Com (NASDAQ:CSCO).

Investors sentiment decreased to 0.9 in Q2 2017. Its down 0.06, from 0.96 in 2017Q1. It turned negative, as 72 investors sold MDT shares while 449 reduced holdings. 99 funds opened positions while 370 raised stakes. 1.06 billion shares or 2.23% less from 1.08 billion shares in 2017Q1 were reported. Reliance Company Of Delaware has invested 0.21% in Medtronic plc (NYSE:MDT). Lodestar Counsel Llc Il stated it has 4,795 shares or 0.05% of all its holdings. Vaughan David Invs Il invested in 0.03% or 7,398 shares. Alley Company Ltd Company has invested 1.76% in Medtronic plc (NYSE:MDT). Hirtle Callaghan And Ltd Liability Corp has invested 0.04% in Medtronic plc (NYSE:MDT). Professional Advisory Services reported 3.1% stake. Lsv Asset holds 0% of its portfolio in Medtronic plc (NYSE:MDT) for 11,100 shares. Gabelli Funds Ltd Liability Company holds 0.03% or 65,000 shares in its portfolio. Hermes Invest Mngmt Ltd holds 12,300 shares. Amer Century stated it has 0.62% in Medtronic plc (NYSE:MDT). Rothschild Investment Il holds 16,476 shares. Moreno Evelyn V has invested 2.2% in Medtronic plc (NYSE:MDT). Cap Guardian Trust Company accumulated 899,120 shares. New York-based Glg Ltd Liability Company has invested 0.54% in Medtronic plc (NYSE:MDT). Davenport And Co Ltd Liability Company holds 12,784 shares or 0% of its portfolio.

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