Norges Bank Buys Shares of 632,509 Molina Healthcare, Inc $MOH

Norges Bank bought a new stake in shares of Molina Healthcare, Inc (NYSE:MOH) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 632,509 shares of the company’s stock, valued at approximately $109,766,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. lifted its stake in Molina Healthcare by 12.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,559 shares of the company’s stock valued at $618,000 after acquiring an additional 388 shares during the period. Royce & Associates LP increased its position in shares of Molina Healthcare by 36.0% during the 4th quarter. Royce & Associates LP now owns 52,521 shares of the company’s stock valued at $9,114,000 after purchasing an additional 13,910 shares during the last quarter. Allstate Corp increased its position in shares of Molina Healthcare by 49.1% during the 4th quarter. Allstate Corp now owns 3,002 shares of the company’s stock valued at $521,000 after purchasing an additional 988 shares during the last quarter. Swedbank AB increased its position in shares of Molina Healthcare by 14.8% during the 4th quarter. Swedbank AB now owns 126,990 shares of the company’s stock valued at $22,038,000 after purchasing an additional 16,398 shares during the last quarter. Finally, Catalyst Funds Management Pty Ltd purchased a new stake in shares of Molina Healthcare during the 4th quarter valued at about $1,562,000. Institutional investors own 98.50% of the company’s stock.

Insiders Place Their Bets

In related news, insider Jeff D. Barlow sold 17,811 shares of the firm’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $186.12, for a total value of $3,314,983.32. Following the completion of the sale, the insider directly owned 67,175 shares in the company, valued at $12,502,611. This trade represents a 20.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Maurice Hebert sold 600 shares of Molina Healthcare stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $191.55, for a total value of $114,930.00. Following the sale, the chief accounting officer owned 12,815 shares of the company’s stock, valued at approximately $2,454,713.25. This trade represents a 4.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.44% of the stock is owned by company insiders.

Analyst Ratings Changes

Several research firms have recently commented on MOH. Cantor Fitzgerald upped their price target on shares of Molina Healthcare from $144.00 to $209.00 and gave the company a “neutral” rating in a research report on Monday, May 11th. Mizuho reduced their price target on shares of Molina Healthcare from $220.00 to $180.00 and set an “outperform” rating for the company in a research report on Thursday, March 12th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $129.00 price target on shares of Molina Healthcare in a research report on Friday, April 24th. The Goldman Sachs Group decreased their target price on shares of Molina Healthcare from $167.00 to $124.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 11th. Finally, Truist Financial raised their target price on shares of Molina Healthcare from $180.00 to $205.00 and gave the stock a “hold” rating in a research note on Monday, May 11th. Three analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $179.93.

Molina Healthcare Stock Up 4.1%

Shares of MOH opened at $192.39 on Friday. The company has a market cap of $10.02 billion, a PE ratio of 56.92 and a beta of 0.80. The business has a fifty day moving average of $167.37 and a 200 day moving average of $162.19. Molina Healthcare, Inc has a 52-week low of $121.06 and a 52-week high of $311.52. The company has a quick ratio of 1.63, a current ratio of 1.63 and a debt-to-equity ratio of 0.97.

Molina Healthcare (NYSE:MOH) last issued its quarterly earnings results on Wednesday, April 22nd. The company reported $2.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.57 by $0.78. The company had revenue of $10.80 billion during the quarter, compared to the consensus estimate of $10.91 billion. Molina Healthcare had a return on equity of 8.76% and a net margin of 0.42%.Molina Healthcare’s revenue was down 3.1% on a year-over-year basis. During the same period last year, the company earned $6.08 earnings per share. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. On average, sell-side analysts expect that Molina Healthcare, Inc will post 5.23 EPS for the current year.

Molina Healthcare Profile

Molina Healthcare, Inc is a managed care company specializing in government-sponsored health insurance programs. The company offers Medicaid managed care plans, Medicare Advantage and prescription drug plans, and individual Marketplace plans under the Affordable Care Act. Through an integrated care model, Molina emphasizes preventive and primary care services, care coordination, and disease management to improve health outcomes for its members.

The company traces its roots to the early 1980s, when Dr.