Diversify Wealth Management LLC Takes $384,000 Position in Molina Healthcare, Inc $MOH

Diversify Wealth Management LLC acquired a new position in shares of Molina Healthcare, Inc (NYSE:MOH) in the first quarter, HoldingsChannel.com reports. The institutional investor acquired 2,883 shares of the company’s stock, valued at approximately $384,000.

A number of other large investors have also recently bought and sold shares of MOH. Torren Management LLC purchased a new position in Molina Healthcare during the fourth quarter worth $26,000. Miller Global Investments LLC acquired a new position in shares of Molina Healthcare in the fourth quarter worth $27,000. MUFG Securities EMEA plc purchased a new stake in shares of Molina Healthcare in the second quarter valued at $48,000. Cromwell Holdings LLC lifted its position in shares of 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 acquiring an additional 125 shares in the last quarter. Finally, Quarry LP purchased a new stake in shares of Molina Healthcare in the fourth quarter valued at $32,000. Institutional investors and hedge funds own 98.50% of the company’s stock.

Molina Healthcare Stock Performance

Shares of NYSE:MOH opened at $225.66 on Friday. The business has a 50-day moving average of $203.43 and a two-hundred day moving average of $175.52. The firm has a market capitalization of $11.76 billion, a PE ratio of 66.76 and a beta of 0.74. 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, Inc has a 12 month low of $121.06 and a 12 month high of $244.89.

Molina Healthcare (NYSE:MOH) last released 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 return on equity of 8.76% and a net margin of 0.42%.The business had revenue of $10.80 billion for the quarter, compared to analyst estimates of $10.91 billion. During the same period in the previous year, the company posted $6.08 EPS. The company’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, research analysts forecast that Molina Healthcare, Inc will post 5.23 earnings per share for the current 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 completion of the sale, the chief accounting officer directly owned 12,815 shares in the company, valued at $2,454,713.25. The trade was a 4.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Jeff D. Barlow sold 17,811 shares of the stock in a transaction 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 sale, the insider directly owned 67,175 shares of the company’s stock, valued at $12,502,611. The trade was a 20.96% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 1.44% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on MOH. Royal Bank Of Canada lifted their price objective on Molina Healthcare from $216.00 to $248.00 and gave the stock a “sector perform” rating in a research report on Thursday, July 9th. Truist Financial upped their target price on shares of Molina Healthcare from $205.00 to $250.00 and gave the company a “hold” rating in a report on Tuesday, July 14th. Robert W. Baird raised their price target on shares of Molina Healthcare from $124.00 to $163.00 and gave the stock a “neutral” rating in a research note on Monday, May 11th. Sanford C. Bernstein set a $286.00 price target on shares of Molina Healthcare in a report on Monday, July 13th. Finally, Weiss Ratings raised shares of Molina Healthcare from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, June 25th. Three analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $207.06.

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.