Molina Healthcare, Inc $MOH Shares Purchased by CIBC Asset Management Inc

CIBC Asset Management Inc lifted its holdings in Molina Healthcare, Inc (NYSE:MOH) by 49.3% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 11,646 shares of the company’s stock after purchasing an additional 3,843 shares during the period. CIBC Asset Management Inc’s holdings in Molina Healthcare were worth $2,021,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. CenterBook Partners LP grew its stake in shares of Molina Healthcare by 359.7% during the 3rd quarter. CenterBook Partners LP now owns 20,409 shares of the company’s stock worth $3,905,000 after purchasing an additional 15,969 shares during the period. BNP Paribas Financial Markets grew its stake in shares of Molina Healthcare by 63.0% during the 4th quarter. BNP Paribas Financial Markets now owns 439,371 shares of the company’s stock worth $76,248,000 after purchasing an additional 169,739 shares during the period. Fiera Capital Corp grew its stake in shares of Molina Healthcare by 68.8% during the 3rd quarter. Fiera Capital Corp now owns 241,581 shares of the company’s stock worth $46,229,000 after purchasing an additional 98,431 shares during the period. DDD Partners LLC acquired a new position in shares of Molina Healthcare during the 3rd quarter worth $1,743,000. Finally, Timber Creek Capital Management LLC acquired a new position in shares of Molina Healthcare during the 3rd quarter worth $4,467,000. Institutional investors and hedge funds own 98.50% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on MOH shares. Mizuho lowered their price target on shares of Molina Healthcare from $220.00 to $180.00 and set an “outperform” rating on the stock in a research note on Thursday, March 12th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Molina Healthcare in a research note on Friday, March 13th. Morgan Stanley upped their price target on shares of Molina Healthcare from $146.00 to $167.00 and gave the stock an “equal weight” rating in a research note on Thursday. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $129.00 price target on shares of Molina Healthcare in a research note on Friday, April 24th. Finally, Barclays upped their price target on shares of Molina Healthcare from $161.00 to $199.00 and gave the stock an “underweight” rating in a research note on Tuesday, May 26th. Three research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $179.93.

Molina Healthcare Price Performance

Molina Healthcare stock opened at $191.16 on Monday. Molina Healthcare, Inc has a 52 week low of $121.06 and a 52 week high of $311.52. 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 50-day simple moving average is $168.40 and its 200 day simple moving average is $162.57. The firm has a market capitalization of $9.96 billion, a PE ratio of 56.56 and a beta of 0.80.

Molina Healthcare (NYSE:MOH) last released 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. Molina Healthcare had a net margin of 0.42% and a return on equity of 8.76%. 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 firm earned $6.08 EPS. The business’s revenue for the quarter was down 3.1% compared to the same quarter last year. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. On average, equities research analysts predict that Molina Healthcare, Inc will post 5.23 EPS for the current fiscal year.

Insider Activity

In related news, CAO Maurice Hebert sold 600 shares of the business’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $191.55, for a total value of $114,930.00. Following 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Jeff D. Barlow sold 17,811 shares of the business’s stock in a transaction dated 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 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 disclosure for this sale is available in the SEC filing. 1.44% of the stock is 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.