Molina Healthcare (NYSE:MOH) Shares Gap Down – Here’s What Happened

Molina Healthcare, Inc (NYSE:MOH) gapped down before the market opened on Wednesday . The stock had previously closed at $241.56, but opened at $235.01. Molina Healthcare shares last traded at $234.4410, with a volume of 176,630 shares.

Analysts Set New Price Targets

MOH has been the topic of several recent analyst reports. Jefferies Financial Group set a $230.00 target price on shares of Molina Healthcare in a report on Tuesday. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $129.00 price target on shares of Molina Healthcare in a report on Friday, April 24th. Weiss Ratings raised Molina Healthcare from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, June 25th. Zacks Research raised Molina Healthcare from a “strong sell” rating to a “hold” rating in a research report on Monday, April 20th. Finally, Robert W. Baird increased their target price on Molina Healthcare from $124.00 to $163.00 and gave the company a “neutral” rating in a research note on Monday, May 11th. Three research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $207.06.

Molina Healthcare Stock Down 3.6%

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 market capitalization of $11.72 billion, a price-to-earnings ratio of 66.58 and a beta of 0.74. The firm’s 50-day simple moving average is $202.64 and its 200-day simple moving average is $175.16.

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

Insider Activity

In other news, CAO Maurice Hebert sold 600 shares of Molina Healthcare 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 owned 12,815 shares of the company’s stock, valued at approximately $2,454,713.25. This trade represents a 4.47% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Jeff D. Barlow sold 17,811 shares of Molina Healthcare stock in a transaction that occurred 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 sale, the insider directly owned 67,175 shares in the company, valued at $12,502,611. The trade was a 20.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.44% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. AQR Capital Management LLC raised its stake in shares of Molina Healthcare by 217.0% in the 3rd quarter. AQR Capital Management LLC now owns 2,934,130 shares of the company’s stock valued at $561,475,000 after buying an additional 2,008,458 shares in the last quarter. T. Rowe Price Investment Management Inc. boosted its position in shares of Molina Healthcare by 10.2% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,171,433 shares of the company’s stock valued at $376,831,000 after acquiring an additional 201,772 shares in the last quarter. Invesco Ltd. increased its stake in Molina Healthcare by 24.2% in the fourth quarter. Invesco Ltd. now owns 1,690,981 shares of the company’s stock valued at $293,453,000 after acquiring an additional 329,679 shares during the period. Victory Capital Management Inc. increased its stake in Molina Healthcare by 46.4% in the fourth quarter. Victory Capital Management Inc. now owns 1,410,604 shares of the company’s stock valued at $244,796,000 after acquiring an additional 447,078 shares during the period. Finally, Dimensional Fund Advisors LP raised its position in Molina Healthcare by 23.7% in the first quarter. Dimensional Fund Advisors LP now owns 1,394,882 shares of the company’s stock worth $185,929,000 after purchasing an additional 267,121 shares in the last quarter. 98.50% of the stock is owned by institutional investors.

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.