Molina Healthcare, Inc (NYSE:MOH – Get Free Report) was the recipient of a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 3,767,698 shares, a growth of 30.4% from the January 29th total of 2,889,851 shares. Based on an average trading volume of 2,978,126 shares, the short-interest ratio is currently 1.3 days. Currently, 7.4% of the shares of the company are sold short. Currently, 7.4% of the shares of the company are sold short. Based on an average trading volume of 2,978,126 shares, the short-interest ratio is currently 1.3 days.
Hedge Funds Weigh In On Molina Healthcare
Institutional investors have recently bought and sold shares of the stock. Torren Management LLC acquired a new stake in shares of Molina Healthcare in the fourth quarter worth $26,000. Miller Global Investments LLC acquired a new position in shares of Molina Healthcare in the 4th quarter valued at about $27,000. Cromwell Holdings LLC lifted its position in shares of Molina Healthcare by 211.9% in the fourth quarter. Cromwell Holdings LLC now owns 184 shares of the company’s stock worth $32,000 after purchasing an additional 125 shares in the last quarter. Quarry LP acquired a new position in Molina Healthcare in the 4th quarter valued at approximately $32,000. Finally, First Horizon Advisors Inc. lifted its position in Molina Healthcare by 2,140.0% in the 2nd quarter. First Horizon Advisors Inc. now owns 112 shares of the company’s stock worth $33,000 after buying an additional 107 shares in the last quarter. Hedge funds and other institutional investors own 98.50% of the company’s stock.
Wall Street Analyst Weigh In
A number of research analysts recently commented on MOH shares. Sanford C. Bernstein restated an “outperform” rating and set a $224.00 price objective on shares of Molina Healthcare in a research note on Tuesday, January 6th. Morgan Stanley reduced their price target on shares of Molina Healthcare from $158.00 to $128.00 and set an “equal weight” rating for the company in a report on Wednesday. The Goldman Sachs Group cut their price objective on shares of Molina Healthcare from $167.00 to $124.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 11th. Mizuho set a $220.00 target price on shares of Molina Healthcare in a research note on Friday, January 9th. Finally, Barclays dropped their price target on shares of Molina Healthcare from $164.00 to $133.00 and set an “underweight” rating on the stock in a research note on Tuesday, February 10th. Two research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Molina Healthcare presently has a consensus rating of “Hold” and a consensus price target of $155.71.
Molina Healthcare Price Performance
Shares of Molina Healthcare stock traded up $5.27 during trading on Wednesday, hitting $150.08. The stock had a trading volume of 920,218 shares, compared to its average volume of 2,316,118. The business has a fifty day moving average of $166.95 and a two-hundred day moving average of $168.43. Molina Healthcare has a fifty-two week low of $121.06 and a fifty-two week high of $359.97. The firm has a market cap of $7.73 billion, a P/E ratio of 17.53 and a beta of 0.52. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.69 and a quick ratio of 1.69.
Molina Healthcare (NYSE:MOH – Get Free Report) last released its earnings results on Thursday, February 5th. The company reported ($2.75) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.43 by ($3.18). Molina Healthcare had a return on equity of 13.60% and a net margin of 1.04%.The firm had revenue of $11.38 billion for the quarter, compared to analyst estimates of $10.90 billion. During the same period in the previous year, the firm earned $5.05 earnings per share. Molina Healthcare’s revenue was up 8.3% on a year-over-year basis. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. On average, sell-side analysts expect that Molina Healthcare will post 24.4 earnings per share for the current fiscal year.
Molina Healthcare Company 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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