Spruce House Investment Management Has Boosted Wayfair (W) Stake By $67.00 Million; Molina Healthcare (MOH)’s Sentiment Is 1.32

June 14, 2018 - By Louis Casey

Molina Healthcare, Inc. (NYSE:MOH) Logo

Spruce House Investment Management Llc increased Wayfair Inc (W) stake by 40% reported in 2018Q1 SEC filing. Spruce House Investment Management Llc acquired 1.00M shares as Wayfair Inc (W)’s stock rose 19.78%. The Spruce House Investment Management Llc holds 3.50 million shares with $236.36 million value, up from 2.50 million last quarter. Wayfair Inc now has $9.75B valuation. The stock increased 1.93% or $2.07 during the last trading session, reaching $109.5. About 1.67 million shares traded. Wayfair Inc. (NYSE:W) has risen 41.52% since June 14, 2017 and is uptrending. It has outperformed by 28.95% the S&P500. Some Historical W News: ; 29/03/2018 – Wayfair joins TripAdvisor in pulling ads from TV host Laura Ingraham over Parkland survivor tweet; 03/05/2018 – WAYFAIR INC W.N : CITIGROUP RAISES TARGET PRICE TO $82 FROM $78; 18/05/2018 – Wayfair Names Andrea Jung to its Board of Directors; 18/04/2018 – Wayfair to Launch Way Day, a New Retail Holiday for Home; 02/05/2018 – Wayfair 1Q Loss/Shr $1.22; 13/04/2018 – WAYFAIR INC SAYS AMENDMENT NO. 2 INCREASES LETTER OF CREDIT SUBLIMIT TO $65 MLN – SEC FILING; 14/05/2018 – Wayfair Goes High Tech in Quest to Be Largest Online Furnishings Store (Video); 08/05/2018 – Bloomberg Tax Survey Finds Diverse State Nexus Standards As Wayfair Decision Looms; 05/03/2018 Trump administration backs states’ bid to collect online sales taxes; 02/05/2018 – WAYFAIR 1Q ADJ LOSS/SHR 91C, EST. LOSS/SHR 90C

Molina Healthcare Inc (MOH) investors sentiment increased to 1.32 in Q1 2018. It’s up 0.04, from 1.28 in 2017Q4. The ratio is better, as 127 funds increased or started new positions, while 96 sold and reduced their equity positions in Molina Healthcare Inc. The funds in our database now own: 69.03 million shares, up from 61.86 million shares in 2017Q4. Also, the number of funds holding Molina Healthcare Inc in top ten positions increased from 2 to 4 for an increase of 2. Sold All: 33 Reduced: 63 Increased: 86 New Position: 41.

The stock increased 0.39% or $0.37 during the last trading session, reaching $96.24. About 1.28M shares traded or 16.04% up from the average. Molina Healthcare, Inc. (MOH) has risen 30.04% since June 14, 2017 and is uptrending. It has outperformed by 17.47% the S&P500. Some Historical MOH News: ; 30/04/2018 – MOLINA 1Q ADJ EPS $1.71, EST. 77C; 30/04/2018 – MOLINA HEALTHCARE 1Q ADJ EPS INCLUDES NET BENEFIT OF 38C; 30/04/2018 – Molina Health 1Q Net $107M; 12/03/2018 – Molina Healthcare Awarded Texas CHIP Contracts; 24/05/2018 – Molina Health: Mr. White Will be Succeeded by Thomas L. Tran; 24/05/2018 – Molina Health Chief Financial Officer Joseph W. White Announces Retirement, Effective June 4; 20/03/2018 – Molina Healthcare Selects Connecture to Launch Multi-Channel Sales Portal for Medicare Business; 30/04/2018 – Fidelity Health Care Services Cuts Cigna, Buys More Molina; 29/05/2018 – The Klein Law Firm Notifies Investors of a Class Action Filed on Behalf of Molina Healthcare, Inc. Shareholders and a Lead Plaintiff Deadline of June 29, 2018 (MOH); 06/03/2018 Molina Healthcare Announces Pricing of Synthetic Exchange Transaction

Analysts await Molina Healthcare, Inc. (NYSE:MOH) to report earnings on August, 1. They expect $1.12 EPS, up 11,300.00% or $1.13 from last year’s $-0.01 per share. MOH’s profit will be $69.09M for 21.48 P/E if the $1.12 EPS becomes a reality. After $1.71 actual EPS reported by Molina Healthcare, Inc. for the previous quarter, Wall Street now forecasts -34.50% negative EPS growth.

Ratings analysis reveals 17% of Molina Healthcare’s analysts are positive. Out of 6 Wall Street analysts rating Molina Healthcare, 1 give it “Buy”, 1 “Sell” rating, while 4 recommend “Hold”. The lowest target is $45.0 while the high is $52.0. The stock’s average target of $48.50 is -49.61% below today’s ($96.24) share price. MOH was included in 6 notes of analysts from September 19, 2016. The firm has “Overweight” rating given on Wednesday, January 4 by Piper Jaffray. As per Monday, September 19, the company rating was upgraded by Goldman Sachs. Deutsche Bank initiated the shares of MOH in report on Wednesday, April 5 with “Hold” rating. Jefferies downgraded the shares of MOH in report on Thursday, December 15 to “Hold” rating. The firm has “Underperform” rating by Credit Suisse given on Friday, November 11. Stifel Nicolaus downgraded Molina Healthcare, Inc. (NYSE:MOH) rating on Thursday, February 16. Stifel Nicolaus has “Hold” rating and $45.0 target.

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 $5.94 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.

Since January 1, 0001, it had 0 insider buys, and 19 selling transactions for $25.13 million activity.

Tiedemann Advisors Llc holds 9.8% of its portfolio in Molina Healthcare, Inc. for 1.76 million shares. Sivik Global Healthcare Llc owns 80,000 shares or 3.03% of their US portfolio. Moreover, Southpoint Capital Advisors Lp has 2.52% invested in the company for 700,000 shares. The California-based Partner Fund Management L.P. has invested 2.12% in the stock. Rock Springs Capital Management Lp, a Maryland-based fund reported 576,000 shares.

More recent Molina Healthcare, Inc. (NYSE:MOH) news were published by: Businesswire.com which released: “INVESTOR NOTICE: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Molina Healthcare …” on June 13, 2018. Also Globenewswire.com published the news titled: “SHAREHOLDER ALERT: Brower Piven Encourages Investors Who Have Losses In Excess Of $100000 From …” on May 21, 2018. Businesswire.com‘s news article titled: “MOH INVESTOR ALERT: The Law Offices of Vincent Wong Reminds Investors of Commencement of a Class Action …” with publication date: May 26, 2018 was also an interesting one.

Among 33 analysts covering Wayfair LLC (NYSE:W), 15 have Buy rating, 2 Sell and 16 Hold. Therefore 45% are positive. Wayfair LLC had 97 analyst reports since July 31, 2015 according to SRatingsIntel. The stock of Wayfair Inc. (NYSE:W) has “Buy” rating given on Thursday, February 4 by Goldman Sachs. Loop Capital Markets maintained the shares of W in report on Wednesday, May 2 with “Buy” rating. The firm has “Negative” rating given on Friday, October 2 by OTR. The stock has “Outperform” rating by Raymond James on Tuesday, March 22. The rating was downgraded by Gordon Haskett on Wednesday, January 31 to “Accumulate”. Credit Suisse maintained Wayfair Inc. (NYSE:W) rating on Wednesday, August 9. Credit Suisse has “Neutral” rating and $78 target. The rating was maintained by Oppenheimer on Wednesday, October 18 with “Buy”. Suntrust Robinson initiated Wayfair Inc. (NYSE:W) rating on Tuesday, December 22. Suntrust Robinson has “Neutral” rating and $53 target. The firm has “Neutral” rating by Sterne Agee CRT given on Wednesday, April 6. Piper Jaffray maintained Wayfair Inc. (NYSE:W) rating on Friday, July 28. Piper Jaffray has “Buy” rating and $8700 target.

Since December 15, 2017, it had 1 buy, and 83 selling transactions for $13.88 million activity. 2,000 Wayfair Inc. (NYSE:W) shares with value of $187,540 were sold by Conine Steven. Shares for $37,336 were sold by Oblak Steve. Macri Edmond sold $63,576 worth of stock or 796 shares. FLEISHER MICHAEL D had sold 4,457 shares worth $386,065 on Monday, May 21. Shah Niraj had sold 2,769 shares worth $269,836 on Thursday, February 15. $15,649 worth of Wayfair Inc. (NYSE:W) shares were sold by Mulliken John Champlin. $25,812 worth of Wayfair Inc. (NYSE:W) was sold by HARBOURVEST PARTNERS 2007 DIRECT ASSOCIATES L.P. on Tuesday, May 22.

Investors sentiment decreased to 1.18 in 2018 Q1. Its down 0.05, from 1.23 in 2017Q4. It is negative, as 33 investors sold W shares while 56 reduced holdings. 43 funds opened positions while 62 raised stakes. 65.20 million shares or 5.37% more from 61.87 million shares in 2017Q4 were reported. California-based Schwab Charles Investment Inc has invested 0.01% in Wayfair Inc. (NYSE:W). Wellington Mgmt Gp Llp has invested 0.08% in Wayfair Inc. (NYSE:W). Adage Prtn Lc holds 0.38% or 2.39 million shares in its portfolio. Eaton Vance Mgmt reported 0.01% of its portfolio in Wayfair Inc. (NYSE:W). First Mercantile Tru Com holds 7,700 shares or 0.11% of its portfolio. Alliancebernstein Lp has 0.05% invested in Wayfair Inc. (NYSE:W) for 968,110 shares. Ellington Mngmt Grp Lc has invested 0.07% in Wayfair Inc. (NYSE:W). Pub Employees Retirement Association Of Colorado reported 7,351 shares. Eventide Asset Limited Liability holds 1.98% or 626,000 shares in its portfolio. State Of Wisconsin Investment Board reported 7,697 shares or 0% of all its holdings. Zevenbergen Capital Invs Lc holds 769,185 shares. Los Angeles Capital Management Equity Research stated it has 0.01% of its portfolio in Wayfair Inc. (NYSE:W). Loring Wolcott & Coolidge Fiduciary Advisors Limited Liability Partnership Ma invested in 0% or 1,000 shares. Rhumbline Advisers invested 0.01% of its portfolio in Wayfair Inc. (NYSE:W). The Texas-based Dimensional Fund Advsrs Lp has invested 0% in Wayfair Inc. (NYSE:W).

Wayfair Inc. (NYSE:W) Institutional Positions Chart

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