Rice Energy (RICE) Shareholder Hite Hedge Asset Management Lowered Position as Shares Rose; As Molina Healthcare (MOH) Stock Value Rose, Jana Partners Has Boosted by $49.78 Million Its Stake

February 18, 2018 - By Louis Casey

Barry Rosenstein increased its stake in Molina Healthcare Inc (MOH) by 52.53% based on its latest 2017Q3 regulatory filing with the SEC. Jana Partners Llc bought 731,992 shares as the company’s stock rose 39.71% with the market. The hedge fund run by Barry Rosenstein held 2.13M shares of the medical specialities company at the end of 2017Q3, valued at $146.14 million, up from 1.39M at the end of the previous reported quarter. Jana Partners Llc who had been investing in Molina Healthcare Inc for a number of months, seems to be bullish on the $4.31B market cap company. The stock decreased 0.66% or $0.48 during the last trading session, reaching $72.12. About 1.31 million shares traded or 0.45% up from the average. Molina Healthcare, Inc. (NYSE:MOH) has risen 48.61% since February 18, 2017 and is uptrending. It has outperformed by 31.91% the S&P500.

Hite Hedge Asset Management Llc decreased its stake in Rice Energy Inc (RICE) by 17.11% based on its latest 2017Q3 regulatory filing with the SEC. Hite Hedge Asset Management Llc sold 110,000 shares as the company’s stock rose 7.71% with the market. The hedge fund held 532,918 shares of the oil & gas production company at the end of 2017Q3, valued at $15.42M, down from 642,918 at the end of the previous reported quarter. Hite Hedge Asset Management Llc who had been investing in Rice Energy Inc for a number of months, seems to be less bullish one the $ market cap company. The stock decreased 100.00% or $29.32 during the last trading session, reaching $0. About 26.81 million shares traded or Infinity% up from the average. Rice Energy Inc. (NYSE:RICE) has risen 14.59% since February 18, 2017 and is uptrending. It has underperformed by 2.11% the S&P500.




Among 27 analysts covering Rice Energy (NYSE:RICE), 10 have Buy rating, 0 Sell and 17 Hold. Therefore 37% are positive. Rice Energy had 88 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Rice Energy Inc. (NYSE:RICE) earned “Buy” rating by BMO Capital Markets on Monday, August 7. Jefferies initiated the stock with “Buy” rating in Monday, September 21 report. The rating was downgraded by Goldman Sachs to “Neutral” on Wednesday, November 11. BMO Capital Markets maintained the stock with “Buy” rating in Tuesday, October 10 report. The stock of Rice Energy Inc. (NYSE:RICE) earned “Buy” rating by Mizuho on Thursday, October 6. The firm has “Buy” rating by Seaport Global given on Wednesday, March 30. Citigroup maintained the stock with “Neutral” rating in Thursday, August 11 report. The stock of Rice Energy Inc. (NYSE:RICE) has “Neutral” rating given on Monday, July 18 by Citigroup. The firm earned “Buy” rating on Tuesday, September 12 by Cowen & Co. The company was downgraded on Tuesday, June 20 by Stifel Nicolaus.

Hite Hedge Asset Management Llc, which manages about $778.61M and $387.03 million US Long portfolio, upped its stake in Antero Midstream Gp Lp by 132,052 shares to 213,972 shares, valued at $4.38 million in 2017Q3, according to the filing. It also increased its holding in Ngl Energy Partners Lp (NYSE:NGL) by 2.27M shares in the quarter, for a total of 2.82M shares, and has risen its stake in Kimbell Rty Partners Lp.

Investors sentiment increased to 1.15 in Q3 2017. Its up 0.36, from 0.79 in 2017Q2. It increased, as 37 investors sold RICE shares while 65 reduced holdings. 50 funds opened positions while 67 raised stakes. 163.76 million shares or 6.05% more from 154.41 million shares in 2017Q2 were reported. Tyrus Sam has invested 1.14% in Rice Energy Inc. (NYSE:RICE). Hudock Grp Incorporated Lc reported 100 shares or 0% of all its holdings. Paloma Prtn Mngmt Communications owns 47,339 shares for 0.02% of their portfolio. Great West Life Assurance Can reported 0% of its portfolio in Rice Energy Inc. (NYSE:RICE). Tig Advsrs Ltd Llc owns 271,997 shares. Zweig stated it has 285,120 shares or 0.74% of all its holdings. 17,982 were reported by Metropolitan Life Commerce New York. Blackrock has invested 0.01% in Rice Energy Inc. (NYSE:RICE). Yakira Cap owns 40,000 shares. Proshare Advisors Ltd Company stated it has 14,623 shares. Advisory Research Incorporated reported 8,883 shares stake. Hite Hedge Asset Mngmt Lc accumulated 3.98% or 532,918 shares. 13,840 were reported by Franklin Resources Inc. Vident Inv Advisory Limited Liability Corp holds 0.01% or 9,114 shares in its portfolio. Amalgamated Bank & Trust holds 29,890 shares.

Investors sentiment increased to 1.08 in 2017 Q3. Its up 0.04, from 1.04 in 2017Q2. It increased, 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. Verition Fund Mngmt Llc has invested 0.02% of its portfolio in Molina Healthcare, Inc. (NYSE:MOH). Moreover, Oppenheimer Asset has 0.02% invested in Molina Healthcare, Inc. (NYSE:MOH). Highland Cap Mgmt Limited Partnership has 0.2% invested in Molina Healthcare, Inc. (NYSE:MOH) for 66,479 shares. Hussman Strategic Advsrs, a Maryland-based fund reported 1,200 shares. Nj State Employees Deferred Compensation Plan owns 5,000 shares. Strs Ohio invested in 0.01% or 22,000 shares. Proshare Advisors Lc reported 6,980 shares. Fmr Limited Liability Company reported 0% of its portfolio in Molina Healthcare, Inc. (NYSE:MOH). Rothschild Asset Mgmt Inc accumulated 706,683 shares or 0.53% of the stock. Schwab Charles Inv Management Inc invested 0.02% of its portfolio in Molina Healthcare, Inc. (NYSE:MOH). Jacobs Levy Equity Mgmt owns 0.12% invested in Molina Healthcare, Inc. (NYSE:MOH) for 87,060 shares. Keybank Natl Association Oh holds 0.01% or 27,120 shares. Bnp Paribas Arbitrage Sa has invested 0.05% of its portfolio in Molina Healthcare, Inc. (NYSE:MOH). Earnest Prtnrs Limited Company holds 0.42% or 620,278 shares in its portfolio. Acadian Asset Mngmt Ltd reported 38,699 shares.

Since August 17, 2017, it had 0 insider buys, and 25 sales for $47.42 million activity. The insider MOLINA JOHN C sold 21,650 shares worth $2.00M. BAYER TERRY sold 2,804 shares worth $256,931. ROMNEY RONNA had sold 250 shares worth $16,260. DENTINO WILLIAM sold $1.37 million worth of stock. 5,224 shares valued at $352,098 were sold by Barlow Jeff D. on Monday, October 9. 15,000 shares were sold by MOLINA J MARIO MD, worth $1.02M on Tuesday, October 3.

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