BI Asset Management Fondsmaeglerselskab A S cut its holdings in Molina Healthcare, Inc (NYSE:MOH – Free Report) by 84.9% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 2,194 shares of the company’s stock after selling 12,368 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S’s holdings in Molina Healthcare were worth $381,000 at the end of the most recent reporting period.
Several other large investors have also recently bought and sold shares of MOH. Torren Management LLC bought a new position in Molina Healthcare in the fourth quarter valued at about $26,000. Miller Global Investments LLC bought a new position in Molina Healthcare in the fourth quarter valued at about $27,000. Cromwell Holdings LLC raised its position in Molina Healthcare by 211.9% in the fourth quarter. Cromwell Holdings LLC now owns 184 shares of the company’s stock valued at $32,000 after purchasing an additional 125 shares during the last quarter. Rakuten Securities Inc. raised its position in Molina Healthcare by 5,020.0% in the fourth quarter. Rakuten Securities Inc. now owns 256 shares of the company’s stock valued at $44,000 after purchasing an additional 251 shares during the last quarter. Finally, MUFG Securities EMEA plc bought a new position in Molina Healthcare in the second quarter valued at about $48,000. 98.50% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
Several research firms have commented on MOH. Sanford C. Bernstein reiterated an “outperform” rating on shares of Molina Healthcare in a research report on Friday, March 13th. Mizuho set a $215.00 target price on Molina Healthcare in a research report on Monday. Cantor Fitzgerald increased their target price on Molina Healthcare from $144.00 to $209.00 and gave the company a “neutral” rating in a research report on Monday, May 11th. JPMorgan Chase & Co. increased their target price on Molina Healthcare from $169.00 to $191.00 and gave the company a “neutral” rating in a research report on Monday. Finally, Wells Fargo & Company increased their target price on Molina Healthcare from $141.00 to $159.00 and gave the company an “equal weight” rating in a research report on Monday, April 27th. Three equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Molina Healthcare presently has a consensus rating of “Hold” and an average price target of $182.73.
Molina Healthcare Price Performance
Shares of MOH opened at $197.96 on Thursday. Molina Healthcare, Inc has a 1 year low of $121.06 and a 1 year high of $311.52. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.63 and a quick ratio of 1.63. The company has a market capitalization of $10.31 billion, a price-to-earnings ratio of 58.57 and a beta of 0.80. The business has a 50-day moving average of $172.30 and a 200-day moving average of $163.88.
Molina Healthcare (NYSE:MOH – Get Free Report) last issued its quarterly earnings data on Wednesday, April 22nd. The company reported $2.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.57 by $0.78. Molina Healthcare had a return on equity of 8.76% and a net margin of 0.42%.The company had revenue of $10.80 billion during the quarter, compared to the consensus estimate of $10.91 billion. During the same period last year, the company earned $6.08 earnings per share. The firm’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. As a group, equities research analysts anticipate that Molina Healthcare, Inc will post 5.23 earnings per share for the current year.
Insider Transactions at Molina Healthcare
In other news, insider Jeff D. Barlow sold 17,811 shares of the firm’s stock in a transaction dated 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 transaction, the insider directly owned 67,175 shares in the company, valued at $12,502,611. This trade represents a 20.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Maurice Hebert sold 600 shares of the firm’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $191.55, for a total value of $114,930.00. Following the transaction, the chief accounting officer owned 12,815 shares of the company’s stock, valued at $2,454,713.25. This trade represents a 4.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.44% of the stock is owned by company insiders.
Molina Healthcare 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.
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