Jackson Thornton Wealth Management LLC Takes Position in Molina Healthcare, Inc $MOH

Jackson Thornton Wealth Management LLC purchased a new position in Molina Healthcare, Inc (NYSE:MOH) during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 2,911 shares of the company’s stock, valued at approximately $425,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Torren Management LLC acquired a new position in shares of Molina Healthcare in the fourth quarter worth about $26,000. Miller Global Investments LLC purchased a new stake in shares of Molina Healthcare in the 4th quarter valued at approximately $27,000. MUFG Securities EMEA plc purchased a new stake in shares of Molina Healthcare in the 2nd quarter valued at approximately $48,000. Cromwell Holdings LLC boosted its stake in Molina Healthcare by 211.9% in the 4th quarter. Cromwell Holdings LLC now owns 184 shares of the company’s stock worth $32,000 after purchasing an additional 125 shares during the period. Finally, Quarry LP acquired a new position in Molina Healthcare in the 4th quarter worth approximately $32,000. Institutional investors and hedge funds own 98.50% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. Weiss Ratings raised shares of Molina Healthcare from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, June 25th. Mizuho set a $215.00 price target on Molina Healthcare in a report on Monday, June 8th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $129.00 price target on shares of Molina Healthcare in a research report on Friday, April 24th. Wall Street Zen upgraded Molina Healthcare from a “sell” rating to a “hold” rating in a research report on Saturday, May 2nd. Finally, Zacks Research upgraded Molina Healthcare from a “strong sell” rating to a “hold” rating in a report on Monday, April 20th. Three analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $184.81.

Insider Activity at Molina Healthcare

In other Molina Healthcare news, insider Jeff D. Barlow sold 17,811 shares of the firm’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $186.12, for a total value of $3,314,983.32. Following the sale, the insider directly owned 67,175 shares in the company, valued at $12,502,611. This trade represents a 20.96% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CAO Maurice Hebert sold 600 shares of the stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $191.55, for a total transaction of $114,930.00. Following the completion of the sale, the chief accounting officer owned 12,815 shares of the company’s stock, valued at approximately $2,454,713.25. The trade was a 4.47% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.44% of the stock is owned by corporate insiders.

Molina Healthcare Stock Up 2.8%

Shares of Molina Healthcare stock opened at $234.11 on Wednesday. The firm has a market cap of $12.20 billion, a price-to-earnings ratio of 69.26 and a beta of 0.74. The stock has a 50-day simple moving average of $196.62 and a 200-day simple moving average of $171.71. Molina Healthcare, Inc has a 52-week low of $121.06 and a 52-week high of $237.50. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.63 and a quick ratio of 1.63.

Molina Healthcare (NYSE:MOH) last issued its quarterly earnings data on Wednesday, April 22nd. The company reported $2.35 earnings per share for the quarter, beating the consensus estimate of $1.57 by $0.78. Molina Healthcare had a net margin of 0.42% and a return on equity of 8.76%. The firm had revenue of $10.80 billion for the quarter, compared to analyst estimates of $10.91 billion. During the same quarter last year, the firm earned $6.08 earnings per share. The company’s revenue for the quarter was down 3.1% on a year-over-year basis. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. On average, equities research analysts expect that Molina Healthcare, Inc will post 5.23 earnings per share for the current fiscal year.

About Molina Healthcare

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.