EverSource Wealth Advisors LLC Sells 2,905 Shares of Molina Healthcare, Inc $MOH

EverSource Wealth Advisors LLC decreased its position in shares of Molina Healthcare, Inc (NYSE:MOH) by 83.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 595 shares of the company’s stock after selling 2,905 shares during the period. EverSource Wealth Advisors LLC’s holdings in Molina Healthcare were worth $103,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Blue Trust Inc. raised its position in shares of Molina Healthcare by 23.8% during the fourth quarter. Blue Trust Inc. now owns 322 shares of the company’s stock valued at $56,000 after buying an additional 62 shares during the last quarter. Applied Finance Capital Management LLC raised its position in shares of Molina Healthcare by 5.7% during the third quarter. Applied Finance Capital Management LLC now owns 1,408 shares of the company’s stock valued at $269,000 after buying an additional 76 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Molina Healthcare by 0.7% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 13,668 shares of the company’s stock valued at $2,616,000 after buying an additional 92 shares during the last quarter. Public Employees Retirement System of Ohio raised its position in shares of Molina Healthcare by 0.6% during the third quarter. Public Employees Retirement System of Ohio now owns 16,753 shares of the company’s stock valued at $3,206,000 after buying an additional 104 shares during the last quarter. Finally, UMB Bank n.a. raised its position in shares of Molina Healthcare by 35.4% during the third quarter. UMB Bank n.a. now owns 432 shares of the company’s stock valued at $83,000 after buying an additional 113 shares during the last quarter. Institutional investors own 98.50% of the company’s stock.

Molina Healthcare Stock Up 5.3%

NYSE MOH opened at $182.82 on Tuesday. 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 company has a fifty day moving average of $164.58 and a two-hundred day moving average of $161.21. The firm has a market capitalization of $9.52 billion, a price-to-earnings ratio of 54.09 and a beta of 0.80. Molina Healthcare, Inc has a 52 week low of $121.06 and a 52 week high of $311.52.

Molina Healthcare (NYSE:MOH) last posted its quarterly earnings data on Wednesday, April 22nd. The company reported $2.35 EPS for the quarter, topping the consensus estimate 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%. Molina Healthcare’s quarterly revenue was down 3.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $6.08 earnings per share. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. On average, analysts predict that Molina Healthcare, Inc will post 5.23 earnings per share for the current year.

Analyst Upgrades and Downgrades

MOH has been the topic of several recent analyst reports. Truist Financial lifted their price objective on shares of Molina Healthcare from $180.00 to $205.00 and gave the company a “hold” rating in a research report on Monday, May 11th. Sanford C. Bernstein reissued an “outperform” rating on shares of Molina Healthcare in a report on Friday, March 13th. Bank of America raised shares of Molina Healthcare from an “underperform” rating to a “buy” rating and set a $250.00 target price for the company in a report on Wednesday, April 29th. Cantor Fitzgerald raised their target price 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. Finally, TD Cowen cut their target price on shares of Molina Healthcare from $175.00 to $144.00 and set a “hold” rating for the company in a report on Monday, February 9th. Three equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Molina Healthcare has an average rating of “Hold” and a consensus target price of $178.53.

Insiders Place Their Bets

In other news, CAO Maurice Hebert sold 600 shares of the business’s stock in a transaction 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 of the company’s stock, valued at approximately $2,454,713.25. The trade was a 4.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Jeff D. Barlow sold 17,811 shares of the business’s stock in a transaction 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 sale, the insider directly owned 67,175 shares of the company’s stock, valued at $12,502,611. This represents a 20.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.44% of the stock is currently owned by insiders.

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.