Cwm LLC Acquires 59,690 Shares of Molina Healthcare, Inc $MOH

Cwm LLC increased its stake in Molina Healthcare, Inc (NYSE:MOH) by 364.9% in the 3rd quarter, HoldingsChannel reports. The fund owned 76,049 shares of the company’s stock after acquiring an additional 59,690 shares during the period. Cwm LLC’s holdings in Molina Healthcare were worth $14,553,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the stock. Comerica Bank boosted its holdings in shares of Molina Healthcare by 3.0% in the 1st quarter. Comerica Bank now owns 13,637 shares of the company’s stock worth $4,492,000 after purchasing an additional 398 shares during the period. OMERS ADMINISTRATION Corp raised its holdings in Molina Healthcare by 36.5% during the 1st quarter. OMERS ADMINISTRATION Corp now owns 7,723 shares of the company’s stock valued at $2,544,000 after buying an additional 2,067 shares during the period. Evergreen Capital Management LLC bought a new stake in Molina Healthcare in the first quarter worth $276,000. Vident Advisory LLC boosted its stake in Molina Healthcare by 50.8% during the first quarter. Vident Advisory LLC now owns 1,476 shares of the company’s stock worth $486,000 after buying an additional 497 shares during the period. Finally, Baird Financial Group Inc. bought a new position in Molina Healthcare during the first quarter valued at $210,000. 98.50% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, Director Richard M. Schapiro sold 357 shares of the business’s stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $143.02, for a total value of $51,058.14. Following the completion of the sale, the director owned 11,352 shares in the company, valued at approximately $1,623,563.04. The trade was a 3.05% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 1.10% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently issued reports on MOH. Weiss Ratings restated a “sell (d+)” rating on shares of Molina Healthcare in a report on Wednesday, October 8th. Wells Fargo & Company decreased their price objective on shares of Molina Healthcare from $231.00 to $165.00 and set an “overweight” rating for the company in a research note on Wednesday, November 12th. Sanford C. Bernstein dropped their target price on Molina Healthcare from $284.00 to $220.00 and set an “outperform” rating for the company in a research report on Friday, September 5th. Cantor Fitzgerald reduced their price target on Molina Healthcare from $210.00 to $180.00 and set a “neutral” rating on the stock in a report on Friday, October 24th. Finally, TD Cowen cut Molina Healthcare from a “buy” rating to a “hold” rating and set a $203.00 price objective for the company. in a report on Thursday, October 16th. Three research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Molina Healthcare has a consensus rating of “Hold” and an average price target of $196.33.

Molina Healthcare Price Performance

Shares of MOH stock opened at $164.76 on Friday. Molina Healthcare, Inc has a twelve month low of $133.40 and a twelve month high of $359.97. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 0.92. The stock has a fifty day simple moving average of $155.38 and a two-hundred day simple moving average of $186.28. The stock has a market capitalization of $8.93 billion, a price-to-earnings ratio of 10.20 and a beta of 0.52.

Molina Healthcare (NYSE:MOH) last released its quarterly earnings data on Wednesday, October 22nd. The company reported $1.84 earnings per share for the quarter, missing the consensus estimate of $3.97 by ($2.13). Molina Healthcare had a net margin of 1.98% and a return on equity of 22.95%. The firm had revenue of $11.48 billion during the quarter, compared to the consensus estimate of $10.99 billion. During the same quarter in the previous year, the firm earned $6.01 earnings per share. The business’s revenue was up 11.0% compared to the same quarter last year. Molina Healthcare has set its FY 2025 guidance at 14.000-14.000 EPS. On average, analysts predict that Molina Healthcare, Inc will post 24.4 EPS 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.