11 Best Insurance Companies to Invest in 2017

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9. Molina Healthcare, Inc. (NYSE:MOH)

– Number of Hedge Funds With Long Positions (as of March 31): 21
– Aggregate Value of Hedge Funds’ Holdings (as of March 31): $323.8 million

Formed with a focus on providing quality healthcare to people receiving government assistance, Molina Healthcare, Inc. (NYSE:MOH) was started in 1980 by a physician, David Molina. The company operates through three segments: Health Plans, Molina Medicaid Solutions and Other. The Health Plans segment is the largest accounting for 97% of 2016 revenues and serving over 4.2 million members. It has an extensive network coverage area stretching out to 12 U.S. states and Puerto Rico. At the end of the first quarter, 21 hedge funds from our system held shares worth $323 million in Molina Healthcare, Inc. (NYSE:MOH).

Follow Molina Healthcare Inc. (NYSE:MOH)

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