Universal Beteiligungs und Servicegesellschaft mbH Has $10.96 Million Stock Holdings in Molina Healthcare, Inc $MOH

Universal Beteiligungs und Servicegesellschaft mbH increased its position in shares of Molina Healthcare, Inc (NYSE:MOH) by 6.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 57,270 shares of the company’s stock after acquiring an additional 3,690 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.11% of Molina Healthcare worth $10,959,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Merit Financial Group LLC raised its position in Molina Healthcare by 289.3% during the third quarter. Merit Financial Group LLC now owns 11,735 shares of the company’s stock valued at $2,246,000 after acquiring an additional 8,721 shares in the last quarter. Gibraltar Capital Management Inc. bought a new stake in Molina Healthcare in the third quarter worth approximately $6,709,000. Cerity Partners LLC increased its stake in shares of Molina Healthcare by 245.3% during the 3rd quarter. Cerity Partners LLC now owns 80,608 shares of the company’s stock worth $15,425,000 after purchasing an additional 57,266 shares during the last quarter. Brighton Jones LLC raised its holdings in shares of Molina Healthcare by 189.5% during the 3rd quarter. Brighton Jones LLC now owns 13,148 shares of the company’s stock valued at $2,516,000 after purchasing an additional 8,607 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its stake in shares of Molina Healthcare by 71.5% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 80,559 shares of the company’s stock valued at $23,999,000 after purchasing an additional 33,587 shares during the last quarter. Hedge funds and other institutional investors own 98.50% of the company’s stock.

Insiders Place Their Bets

In other Molina Healthcare news, Director Richard M. Schapiro sold 357 shares of the stock in a transaction on 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 directly owned 11,352 shares of the company’s stock, valued at $1,623,563.04. This represents a 3.05% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.10% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

MOH has been the topic of several analyst reports. Truist Financial set a $175.00 target price on shares of Molina Healthcare in a research report on Friday, October 24th. Cantor Fitzgerald lowered their price objective on Molina Healthcare from $210.00 to $180.00 and set a “neutral” rating on the stock in a report on Friday, October 24th. Jefferies Financial Group set a $160.00 target price on Molina Healthcare in a report on Tuesday, December 16th. Deutsche Bank Aktiengesellschaft set a $165.00 target price on Molina Healthcare in a research report on Friday, October 24th. Finally, Wall Street Zen cut shares of Molina Healthcare from a “hold” rating to a “sell” rating in a research note on Saturday, October 25th. Three equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $193.47.

Molina Healthcare Stock Up 1.7%

Shares of MOH stock opened at $202.05 on Friday. Molina Healthcare, Inc has a 12 month low of $133.40 and a 12 month high of $359.97. The firm has a market cap of $10.95 billion, a PE ratio of 12.51 and a beta of 0.49. The stock has a 50 day moving average of $166.11 and a 200-day moving average of $172.89. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 0.92.

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