Molina Healthcare (NYSE:MOH) Cut to “Equal Weight” at Wells Fargo & Company

Wells Fargo & Company cut shares of Molina Healthcare (NYSE:MOH) from an overweight rating to an equal weight rating in a report published on Friday morning, Marketbeat.com reports. They currently have $141.00 price objective on the stock.

A number of other brokerages also recently commented on MOH. Barclays reduced their target price on shares of Molina Healthcare from $164.00 to $133.00 and set an “underweight” rating for the company in a report on Tuesday, February 10th. The Goldman Sachs Group reduced their price objective on shares of Molina Healthcare from $167.00 to $124.00 and set a “neutral” rating for the company in a research note on Wednesday, February 11th. Wall Street Zen downgraded shares of Molina Healthcare from a “hold” rating to a “sell” rating in a research note on Saturday, October 25th. TD Cowen cut their price target on shares of Molina Healthcare from $175.00 to $144.00 and set a “hold” rating on the stock in a report on Monday, February 9th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Molina Healthcare in a report on Thursday, January 22nd. Two analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $157.86.

Molina Healthcare Price Performance

NYSE MOH opened at $150.88 on Friday. The company has a market cap of $7.77 billion, a PE ratio of 17.63 and a beta of 0.49. The firm’s 50 day moving average price is $169.15 and its 200-day moving average price is $169.01. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.69 and a current ratio of 1.69. Molina Healthcare has a 52-week low of $121.06 and a 52-week high of $359.97.

Molina Healthcare (NYSE:MOH) last posted its earnings results on Thursday, February 5th. The company reported ($2.75) earnings per share for the quarter, missing analysts’ consensus estimates of $0.43 by ($3.18). Molina Healthcare had a return on equity of 13.60% and a net margin of 1.04%.The company had revenue of $11.38 billion for the quarter, compared to analysts’ expectations of $10.90 billion. During the same quarter in the prior year, the company earned $5.05 EPS. The firm’s quarterly revenue was up 8.3% on a year-over-year basis. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. Sell-side analysts forecast that Molina Healthcare will post 24.4 EPS for the current fiscal year.

Institutional Trading of Molina Healthcare

Several large investors have recently added to or reduced their stakes in MOH. AQR Capital Management LLC lifted its holdings in shares of Molina Healthcare by 217.0% during the third quarter. AQR Capital Management LLC now owns 2,934,130 shares of the company’s stock worth $561,475,000 after purchasing an additional 2,008,458 shares during the period. T. Rowe Price Investment Management Inc. raised its position in 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 worth $376,831,000 after buying an additional 201,772 shares during the last quarter. Invesco Ltd. lifted its stake in Molina Healthcare by 24.2% during the 4th 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. lifted its stake in Molina Healthcare by 46.4% during the 4th 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, 8 Knots Management LLC purchased a new stake in shares of Molina Healthcare in the 4th quarter valued at $198,942,000. Hedge funds and other institutional investors own 98.50% of the company’s stock.

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.