Molina Healthcare, Inc $MOH Shares Sold by Centric Wealth Management

Centric Wealth Management trimmed its holdings in shares of Molina Healthcare, Inc (NYSE:MOH) by 74.3% in the 4th quarter, HoldingsChannel.com reports. The fund owned 3,100 shares of the company’s stock after selling 8,984 shares during the quarter. Centric Wealth Management’s holdings in Molina Healthcare were worth $562,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of MOH. Baird Financial Group Inc. acquired a new stake in Molina Healthcare during the 1st quarter valued at approximately $210,000. NewEdge Advisors LLC lifted its stake in shares of Molina Healthcare by 33.4% in the 1st quarter. NewEdge Advisors LLC now owns 1,106 shares of the company’s stock valued at $364,000 after purchasing an additional 277 shares during the period. Jones Financial Companies Lllp lifted its stake in shares of Molina Healthcare by 713.3% in the 1st quarter. Jones Financial Companies Lllp now owns 1,651 shares of the company’s stock valued at $544,000 after purchasing an additional 1,448 shares during the period. Goldman Sachs Group Inc. lifted its stake in shares of Molina Healthcare by 19.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 249,466 shares of the company’s stock valued at $82,172,000 after purchasing an additional 40,531 shares during the period. Finally, Woodline Partners LP acquired a new position in shares of Molina Healthcare in the 1st quarter valued at $1,541,000. 98.50% of the stock is currently owned by institutional investors and hedge funds.

Molina Healthcare Stock Performance

NYSE:MOH opened at $186.07 on Monday. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.63 and a current ratio of 1.63. The company has a fifty day moving average of $152.32 and a two-hundred day moving average of $158.52. The stock has a market capitalization of $9.69 billion, a PE ratio of 55.05 and a beta of 0.85. Molina Healthcare, Inc has a fifty-two week low of $121.06 and a fifty-two week high of $333.00.

Molina Healthcare (NYSE:MOH) last posted its quarterly earnings data 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 company had revenue of $10.80 billion during the quarter, compared to analysts’ expectations of $10.91 billion. Molina Healthcare had a net margin of 0.42% and a return on equity of 8.76%. The firm’s revenue for the quarter 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 forecast that Molina Healthcare, Inc will post 5.21 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on MOH shares. Mizuho decreased their target price on shares of Molina Healthcare from $220.00 to $180.00 and set an “outperform” rating for the company in a research note on Thursday, March 12th. Cantor Fitzgerald decreased their target price on shares of Molina Healthcare from $180.00 to $144.00 and set a “neutral” rating for the company in a research note on Monday, February 9th. Morgan Stanley boosted their target price on shares of Molina Healthcare from $128.00 to $146.00 and gave the company an “equal weight” rating in a research note on Friday, April 24th. Wells Fargo & Company boosted their target price on shares of Molina Healthcare from $141.00 to $159.00 and gave the company an “equal weight” rating in a research note on Monday, April 27th. Finally, TD Cowen decreased their target price on shares of Molina Healthcare from $175.00 to $144.00 and set a “hold” rating for the company in a research note on Monday, February 9th. Three research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $169.60.

About Molina Healthcare

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.