Hsbc Holdings PLC Purchases 68,448 Shares of Molina Healthcare, Inc $MOH

Hsbc Holdings PLC increased its position in shares of Molina Healthcare, Inc (NYSE:MOH) by 54.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 193,104 shares of the company’s stock after acquiring an additional 68,448 shares during the period. Hsbc Holdings PLC owned about 0.37% of Molina Healthcare worth $33,687,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Blue Trust Inc. lifted its stake in Molina Healthcare by 23.8% during the fourth quarter. Blue Trust Inc. now owns 322 shares of the company’s stock worth $56,000 after purchasing an additional 62 shares during the last quarter. Caitong International Asset Management Co. Ltd increased its stake in shares of Molina Healthcare by 64.5% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 232 shares of the company’s stock valued at $40,000 after purchasing an additional 91 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Molina Healthcare by 0.7% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 13,668 shares of the company’s stock valued at $2,616,000 after purchasing an additional 92 shares during the last quarter. Public Employees Retirement System of Ohio raised its holdings in shares of Molina Healthcare by 0.6% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 16,753 shares of the company’s stock worth $3,206,000 after buying an additional 104 shares in the last quarter. Finally, Brown Brothers Harriman & Co. lifted its position in shares of Molina Healthcare by 96.1% during the 4th quarter. Brown Brothers Harriman & Co. now owns 249 shares of the company’s stock worth $43,000 after buying an additional 122 shares during the last quarter. 98.50% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several analysts recently weighed in on MOH shares. Zacks Research raised Molina Healthcare from a “strong sell” rating to a “hold” rating in a research note on Monday, April 20th. Morgan Stanley boosted their target price on Molina Healthcare from $146.00 to $167.00 and gave the stock an “equal weight” rating in a research note on Thursday, June 4th. Royal Bank Of Canada initiated coverage on shares of Molina Healthcare in a report on Tuesday. They issued a “sector perform” rating and a $216.00 target price for the company. Barclays raised their price target on shares of Molina Healthcare from $161.00 to $199.00 and gave the company an “underweight” rating in a research note on Tuesday, May 26th. Finally, Cantor Fitzgerald lifted their price target on shares of Molina Healthcare from $144.00 to $209.00 and gave the company a “neutral” rating in a report on Monday, May 11th. Three investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Molina Healthcare has an average rating of “Hold” and an average target price of $184.81.

Molina Healthcare Trading Down 0.6%

NYSE MOH opened at $196.18 on Wednesday. The company has a market cap of $10.22 billion, a price-to-earnings ratio of 58.04 and a beta of 0.80. Molina Healthcare, Inc has a twelve month low of $121.06 and a twelve month high of $311.52. The company has a quick ratio of 1.63, a current ratio of 1.63 and a debt-to-equity ratio of 0.97. The business’s fifty day moving average is $182.41 and its 200 day moving average is $167.09.

Molina Healthcare (NYSE:MOH) last issued its earnings results 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. 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 business’s revenue for the quarter was down 3.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $6.08 EPS. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. As a group, sell-side analysts expect that Molina Healthcare, Inc will post 5.23 EPS for the current fiscal year.

Insider Activity at Molina Healthcare

In other Molina Healthcare news, CAO Maurice Hebert sold 600 shares of the business’s stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $191.55, for a total transaction of $114,930.00. Following the sale, the chief accounting officer directly owned 12,815 shares of the company’s stock, valued at $2,454,713.25. The trade was a 4.47% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Jeff D. Barlow sold 17,811 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The shares were 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 owned 67,175 shares of the company’s stock, valued at approximately $12,502,611. This trade represents a 20.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 1.44% 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.