Krilogy Financial LLC bought a new position in Molina Healthcare, Inc (NYSE:MOH – Free Report) during the 1st quarter, Holdings Channel reports. The institutional investor bought 8,062 shares of the company’s stock, valued at approximately $1,075,000.
A number of other institutional investors have also recently modified their holdings of the stock. Torren Management LLC bought a new position in shares of Molina Healthcare during the fourth quarter valued at $26,000. Miller Global Investments LLC bought a new position in Molina Healthcare in the 4th quarter worth about $27,000. MUFG Securities EMEA plc purchased a new stake in Molina Healthcare during the 2nd quarter valued at about $48,000. Cromwell Holdings LLC grew its position in Molina Healthcare by 211.9% during the 4th quarter. Cromwell Holdings LLC now owns 184 shares of the company’s stock valued at $32,000 after purchasing an additional 125 shares during the last quarter. Finally, Quarry LP bought a new stake in Molina Healthcare during the 4th quarter valued at about $32,000. 98.50% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
MOH has been the subject of several recent analyst reports. UBS Group lifted their target price on shares of Molina Healthcare from $180.00 to $202.00 and gave the stock a “neutral” rating in a report on Friday, May 22nd. Royal Bank Of Canada started coverage on shares of Molina Healthcare in a research report on Tuesday. They set a “sector perform” rating and a $216.00 price target for the company. Weiss Ratings restated a “sell (d+)” rating on shares of Molina Healthcare in a report on Tuesday, April 21st. Cantor Fitzgerald upped their price objective on Molina Healthcare from $144.00 to $209.00 and gave the company a “neutral” rating in a research report on Monday, May 11th. Finally, Wells Fargo & Company increased their target price on Molina Healthcare from $141.00 to $159.00 and gave the company an “equal weight” rating in a research note on Monday, April 27th. Three research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Molina Healthcare has an average rating of “Hold” and an average target price of $184.81.
Insiders Place Their Bets
In related news, CAO Maurice Hebert sold 600 shares of the company’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $191.55, for a total value of $114,930.00. Following the completion of the transaction, the chief accounting officer owned 12,815 shares of the company’s stock, valued at approximately $2,454,713.25. This represents a 4.47% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Jeff D. Barlow sold 17,811 shares of the 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 owned 67,175 shares of the company’s stock, valued at $12,502,611. The trade was a 20.96% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.44% of the stock is currently owned by insiders.
Molina Healthcare Price Performance
NYSE MOH opened at $216.52 on Friday. Molina Healthcare, Inc has a 12 month low of $121.06 and a 12 month high of $311.52. The stock has a market cap of $11.28 billion, a price-to-earnings ratio of 64.06 and a beta of 0.80. The company’s 50 day moving average is $184.83 and its two-hundred day moving average is $167.91. The company has a current ratio of 1.63, a quick ratio of 1.63 and a debt-to-equity ratio of 0.97.
Molina Healthcare (NYSE:MOH – Get Free Report) last posted its quarterly earnings results on Wednesday, April 22nd. The company reported $2.35 earnings per share for the quarter, topping analysts’ consensus estimates of $1.57 by $0.78. The business had revenue of $10.80 billion during the quarter, compared to analyst estimates of $10.91 billion. Molina Healthcare had a net margin of 0.42% and a return on equity of 8.76%. The company’s revenue was down 3.1% on a year-over-year basis. During the same period in the prior year, the business posted $6.08 earnings per share. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. As a group, research analysts anticipate that Molina Healthcare, Inc will post 5.23 earnings per share 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.
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