Lindbrook Capital LLC Buys 60 Shares of Molina Healthcare, Inc. (NYSE:MOH)

Lindbrook Capital LLC boosted its stake in Molina Healthcare, Inc. (NYSE:MOH) by 37.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 219 shares of the company’s stock after acquiring an additional 60 shares during the period. Lindbrook Capital LLC’s holdings in Molina Healthcare were worth $79,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in MOH. Annis Gardner Whiting Capital Advisors LLC bought a new position in shares of Molina Healthcare during the 3rd quarter worth approximately $30,000. VisionPoint Advisory Group LLC boosted its holdings in shares of Molina Healthcare by 105.6% during the 3rd quarter. VisionPoint Advisory Group LLC now owns 111 shares of the company’s stock worth $36,000 after buying an additional 57 shares in the last quarter. Friedenthal Financial bought a new position in shares of Molina Healthcare during the 4th quarter worth approximately $43,000. Householder Group Estate & Retirement Specialist LLC boosted its holdings in shares of Molina Healthcare by 3,933.3% during the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 121 shares of the company’s stock worth $43,000 after buying an additional 118 shares in the last quarter. Finally, Raleigh Capital Management Inc. raised its position in shares of Molina Healthcare by 40.4% during the third quarter. Raleigh Capital Management Inc. now owns 125 shares of the company’s stock worth $41,000 after purchasing an additional 36 shares during the period. 98.50% of the stock is currently owned by institutional investors.

Molina Healthcare Trading Up 1.2 %

Shares of Molina Healthcare stock opened at $367.62 on Thursday. Molina Healthcare, Inc. has a 1 year low of $266.35 and a 1 year high of $423.92. The firm has a market cap of $21.54 billion, a PE ratio of 19.58, a P/E/G ratio of 1.02 and a beta of 0.47. The stock has a fifty day moving average price of $393.09 and a 200-day moving average price of $372.04. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.54 and a quick ratio of 1.54.

Molina Healthcare (NYSE:MOH) last announced its earnings results on Wednesday, February 7th. The company reported $4.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.31 by $0.07. The firm had revenue of $9.05 billion during the quarter, compared to analyst estimates of $8.35 billion. Molina Healthcare had a return on equity of 32.34% and a net margin of 3.20%. The business’s revenue was up 10.0% compared to the same quarter last year. During the same period last year, the firm posted $4.10 EPS. Equities research analysts anticipate that Molina Healthcare, Inc. will post 23.62 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on MOH. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $406.00 target price on shares of Molina Healthcare in a research report on Thursday, April 4th. Truist Financial upped their target price on Molina Healthcare from $435.00 to $460.00 and gave the stock a “buy” rating in a research report on Tuesday, February 20th. Wells Fargo & Company lowered their target price on Molina Healthcare from $440.00 to $410.00 and set an “equal weight” rating on the stock in a research report on Monday, April 15th. Barclays began coverage on Molina Healthcare in a research report on Wednesday, March 6th. They set an “equal weight” rating and a $437.00 target price on the stock. Finally, StockNews.com lowered Molina Healthcare from a “strong-buy” rating to a “buy” rating in a research report on Thursday, February 8th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, Molina Healthcare has a consensus rating of “Hold” and a consensus target price of $393.09.

Insider Transactions at Molina Healthcare

In other news, Director Richard M. Schapiro sold 1,000 shares of the stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $401.05, for a total transaction of $401,050.00. Following the completion of the transaction, the director now owns 11,207 shares in the company, valued at approximately $4,494,567.35. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, Director Richard M. Schapiro sold 1,000 shares of the stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $401.05, for a total transaction of $401,050.00. Following the completion of the transaction, the director now owns 11,207 shares in the company, valued at approximately $4,494,567.35. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Richard M. Schapiro sold 711 shares of the stock in a transaction on Monday, February 12th. The stock was sold at an average price of $384.06, for a total value of $273,066.66. Following the transaction, the director now owns 12,207 shares of the company’s stock, valued at approximately $4,688,220.42. The disclosure for this sale can be found here. In the last 90 days, insiders sold 16,711 shares of company stock worth $6,472,517. 1.10% of the stock is owned by company insiders.

Molina Healthcare Profile

Molina Healthcare, Inc provides managed healthcare services to low-income families and individuals under the Medicaid and Medicare programs and through the state insurance marketplaces. It operates in four segments: Medicaid, Medicare, Marketplace, and Other. The company served in across 19 states. The company was founded in 1980 and is headquartered in Long Beach, California.