Molina Healthcare, Inc $MOH Shares Sold by Cobalt Capital Management Inc.

Cobalt Capital Management Inc. lowered its stake in shares of Molina Healthcare, Inc (NYSE:MOH) by 91.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,000 shares of the company’s stock after selling 105,000 shares during the quarter. Molina Healthcare comprises approximately 0.8% of Cobalt Capital Management Inc.’s investment portfolio, making the stock its 21st largest holding. Cobalt Capital Management Inc.’s holdings in Molina Healthcare were worth $1,735,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Torren Management LLC acquired a new position in shares of Molina Healthcare during the fourth quarter valued at about $26,000. Miller Global Investments LLC acquired a new position in shares of Molina Healthcare during the fourth quarter valued at about $27,000. Cromwell Holdings LLC increased its holdings in shares of Molina Healthcare by 211.9% during the fourth quarter. Cromwell Holdings LLC now owns 184 shares of the company’s stock valued at $32,000 after acquiring an additional 125 shares in the last quarter. Quarry LP acquired a new position in shares of Molina Healthcare during the fourth quarter valued at about $32,000. Finally, Triumph Capital Management increased its holdings in shares of Molina Healthcare by 4,625.0% during the fourth quarter. Triumph Capital Management now owns 189 shares of the company’s stock valued at $33,000 after acquiring an additional 185 shares in the last quarter. Institutional investors and hedge funds own 98.50% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on MOH. Wall Street Zen upgraded shares of Molina Healthcare from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $129.00 price target on shares of Molina Healthcare in a report on Friday, April 24th. Barclays increased their price target on shares of Molina Healthcare from $161.00 to $199.00 and gave the stock an “underweight” rating in a report on Tuesday, May 26th. Mizuho set a $215.00 price target on shares of Molina Healthcare in a report on Monday, June 8th. Finally, Robert W. Baird increased their price target on shares of Molina Healthcare from $124.00 to $163.00 and gave the stock a “neutral” rating in a report on Monday, May 11th. Three equities 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. Based on data from MarketBeat, Molina Healthcare presently has a consensus rating of “Hold” and a consensus target price of $182.73.

Insider Buying and Selling

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

Molina Healthcare Price Performance

Shares of NYSE:MOH opened at $195.39 on Thursday. Molina Healthcare, Inc has a twelve month low of $121.06 and a twelve month high of $311.52. The company’s 50 day moving average is $178.29 and its 200 day moving average is $165.71. The company has a current ratio of 1.63, a quick ratio of 1.63 and a debt-to-equity ratio of 0.97. The company has a market cap of $10.18 billion, a PE ratio of 57.81 and a beta of 0.80.

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

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.