HB Wealth Management LLC Takes $530,000 Position in Molina Healthcare, Inc $MOH

HB Wealth Management LLC acquired a new stake in shares of Molina Healthcare, Inc (NYSE:MOH) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 3,976 shares of the company’s stock, valued at approximately $530,000.

Several other institutional investors and hedge funds have also recently modified their holdings of MOH. AQR Capital Management LLC grew 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 in the last quarter. 8 Knots Management LLC purchased a new stake in Molina Healthcare in the fourth quarter valued at approximately $198,942,000. Madison Avenue Partners LP purchased a new stake in Molina Healthcare in the fourth quarter valued at approximately $110,003,000. Norges Bank purchased a new stake in Molina Healthcare in the fourth quarter valued at approximately $109,766,000. Finally, Baupost Group LLC MA bought a new stake in Molina Healthcare during the fourth quarter valued at approximately $108,463,000. Hedge funds and other institutional investors own 98.50% of the company’s stock.

Insider Activity

In related news, insider Jeff D. Barlow sold 17,811 shares of the company’s stock in a transaction that occurred on 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 owned 67,175 shares in the company, valued at $12,502,611. This 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 this hyperlink. Also, CAO Maurice Hebert sold 600 shares of the firm’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $191.55, for a total value of $114,930.00. Following the completion of 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. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 1.44% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Truist Financial boosted their price target on shares of Molina Healthcare from $180.00 to $205.00 and gave the stock a “hold” rating in a research note on Monday, May 11th. Cantor Fitzgerald raised their price objective on shares of Molina Healthcare from $144.00 to $209.00 and gave the company a “neutral” rating in a research report on Monday, May 11th. Wells Fargo & Company lifted their price objective on shares of Molina Healthcare from $141.00 to $159.00 and gave the stock an “equal weight” rating in a report on Monday, April 27th. Morgan Stanley upped their target price on shares of Molina Healthcare from $146.00 to $167.00 and gave the stock an “equal weight” rating in a research report on Thursday, June 4th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $129.00 target price on shares of Molina Healthcare in a research note on Friday, April 24th. Three equities research 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. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $185.88.

Molina Healthcare Trading Down 0.1%

Shares of NYSE MOH traded down $0.15 during midday trading on Friday, reaching $231.94. The company had a trading volume of 688,136 shares, compared to its average volume of 968,227. Molina Healthcare, Inc has a one year low of $121.06 and a one year high of $243.50. 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 firm’s fifty day moving average price is $199.29 and its 200-day moving average price is $173.08. The stock has a market cap of $12.08 billion, a PE ratio of 68.62 and a beta of 0.74.

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