Caisse Des Depots ET Consignations Sells 7,018 Shares of Molina Healthcare, Inc $MOH

Caisse Des Depots ET Consignations trimmed its holdings in Molina Healthcare, Inc (NYSE:MOH) by 64.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,885 shares of the company’s stock after selling 7,018 shares during the quarter. Caisse Des Depots ET Consignations’ holdings in Molina Healthcare were worth $743,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Invesco Ltd. boosted its holdings in Molina Healthcare by 25.9% in the 2nd quarter. Invesco Ltd. now owns 1,601,574 shares of the company’s stock valued at $477,109,000 after purchasing an additional 329,759 shares during the period. AQR Capital Management LLC lifted its stake in shares of Molina Healthcare by 4.6% in the second quarter. AQR Capital Management LLC now owns 925,672 shares of the company’s stock valued at $273,096,000 after buying an additional 40,714 shares during the period. Norges Bank acquired a new stake in Molina Healthcare during the second quarter worth about $212,113,000. Charles Schwab Investment Management Inc. increased its stake in Molina Healthcare by 0.8% during the second quarter. Charles Schwab Investment Management Inc. now owns 419,457 shares of the company’s stock valued at $124,956,000 after acquiring an additional 3,216 shares during the period. Finally, Bank of New York Mellon Corp increased its stake in Molina Healthcare by 8.5% during the second quarter. Bank of New York Mellon Corp now owns 364,716 shares of the company’s stock valued at $108,649,000 after acquiring an additional 28,562 shares during the period. Institutional investors own 98.50% of the company’s stock.

Molina Healthcare Stock Down 2.2%

Shares of NYSE:MOH opened at $122.66 on Thursday. The company’s fifty day moving average is $171.90 and its 200-day moving average is $169.86. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.68 and a current ratio of 1.69. Molina Healthcare, Inc has a 52 week low of $121.06 and a 52 week high of $359.97. The company has a market capitalization of $6.65 billion, a PE ratio of 14.33 and a beta of 0.49.

Molina Healthcare (NYSE:MOH) last announced its earnings results on Thursday, February 5th. The company reported ($2.75) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.43 by ($3.18). The firm had revenue of $11.38 billion for the quarter, compared to analyst estimates of $10.90 billion. Molina Healthcare had a return on equity of 13.60% and a net margin of 1.04%.The company’s revenue for the quarter was up 8.3% compared to the same quarter last year. During the same quarter last year, the business earned $5.05 EPS. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. Equities research analysts predict that Molina Healthcare, Inc will post 24.4 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have commented on MOH. Morgan Stanley set a $158.00 price objective on Molina Healthcare in a research report on Friday, October 24th. TD Cowen reduced their target price on Molina Healthcare from $175.00 to $144.00 and set a “hold” rating for the company in a research report on Monday. Deutsche Bank Aktiengesellschaft set a $109.00 price target on shares of Molina Healthcare in a report on Tuesday. Cantor Fitzgerald reduced their price objective on shares of Molina Healthcare from $180.00 to $144.00 and set a “neutral” rating for the company in a report on Monday. Finally, Sanford C. Bernstein reiterated an “outperform” rating and set a $224.00 target price on shares of Molina Healthcare in a research report on Tuesday, January 6th. Three research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Molina Healthcare has a consensus rating of “Hold” and an average price target of $164.79.

Insider Activity

In other news, Director Richard M. Schapiro sold 357 shares of the business’s stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of $143.02, for a total value of $51,058.14. Following the transaction, the director directly owned 11,352 shares of the company’s stock, valued at $1,623,563.04. The trade was a 3.05% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.10% of the company’s stock.

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.