Investment House LLC Buys 81,280 Shares of Molina Healthcare, Inc $MOH

Investment House LLC boosted its stake in Molina Healthcare, Inc (NYSE:MOHFree Report) by 2,709.3% in the fourth quarter, HoldingsChannel reports. The firm owned 84,280 shares of the company’s stock after acquiring an additional 81,280 shares during the period. Investment House LLC’s holdings in Molina Healthcare were worth $14,626,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. New York State Common Retirement Fund increased its holdings in Molina Healthcare by 35.9% in the third quarter. New York State Common Retirement Fund now owns 139,557 shares of the company’s stock valued at $26,706,000 after purchasing an additional 36,831 shares during the last quarter. CenterBook Partners LP increased its holdings in Molina Healthcare by 359.7% in the third quarter. CenterBook Partners LP now owns 20,409 shares of the company’s stock valued at $3,905,000 after purchasing an additional 15,969 shares during the last quarter. Fiera Capital Corp increased its holdings in Molina Healthcare by 68.8% in the third quarter. Fiera Capital Corp now owns 241,581 shares of the company’s stock valued at $46,229,000 after purchasing an additional 98,431 shares during the last quarter. DDD Partners LLC bought a new stake in Molina Healthcare in the third quarter valued at about $1,743,000. Finally, Timber Creek Capital Management LLC acquired a new stake in shares of Molina Healthcare during the third quarter worth about $4,467,000. Institutional investors own 98.50% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the company. Mizuho dropped their price target on Molina Healthcare from $220.00 to $180.00 and set an “outperform” rating on the stock in a research report on Thursday, March 12th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $129.00 price target on shares of Molina Healthcare in a research note on Friday, April 24th. TD Cowen decreased their price target on Molina Healthcare from $175.00 to $144.00 and set a “hold” rating for the company in a research note on Monday, February 9th. UBS Group raised their price target on Molina Healthcare from $151.00 to $180.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. Finally, Morgan Stanley raised their price target on Molina Healthcare from $128.00 to $146.00 and gave the company an “equal weight” rating in a research note on Friday, April 24th. Three research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Molina Healthcare currently has a consensus rating of “Hold” and a consensus price target of $174.53.

Read Our Latest Stock Analysis on Molina Healthcare

Molina Healthcare Stock Performance

NYSE:MOH opened at $184.92 on Wednesday. The stock has a market cap of $9.63 billion, a P/E ratio of 54.71 and a beta of 0.85. The stock has a 50 day simple moving average of $158.50 and a 200 day simple moving average of $159.21. The company has a current ratio of 1.63, a quick ratio of 1.63 and a debt-to-equity ratio of 0.97. Molina Healthcare, Inc has a 1-year low of $121.06 and a 1-year high of $327.68.

Molina Healthcare (NYSE:MOHGet Free Report) last released 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 business had revenue of $10.80 billion during the quarter, compared to analysts’ expectations of $10.91 billion. Molina Healthcare had a return on equity of 8.76% and a net margin of 0.42%.The firm’s revenue for the quarter was down 3.1% compared to the same quarter last year. During the same period last year, the firm posted $6.08 EPS. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. Research analysts anticipate that Molina Healthcare, Inc will post 5.23 earnings per share for the current year.

Insider Activity at Molina Healthcare

In related news, 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 transaction of $3,314,983.32. Following the completion of the sale, the insider directly owned 67,175 shares of the company’s stock, valued at approximately $12,502,611. This trade represents a 20.96% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, 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 value of $114,930.00. Following the sale, the chief accounting officer directly owned 12,815 shares of the company’s stock, valued at approximately $2,454,713.25. The trade was a 4.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 1.44% of the company’s stock.

Molina Healthcare Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Molina Healthcare (NYSE:MOH)

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