Aurora Investment Managers LLC. Buys New Stake in Molina Healthcare, Inc $MOH

Aurora Investment Managers LLC. purchased a new position in shares of Molina Healthcare, Inc (NYSE:MOH) during the first quarter, Holdings Channel.com reports. The fund purchased 17,620 shares of the company’s stock, valued at approximately $2,349,000. Molina Healthcare makes up approximately 1.7% of Aurora Investment Managers LLC.’s holdings, making the stock its 23rd biggest position.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Torren Management LLC purchased a new position in Molina Healthcare in the fourth quarter valued at $26,000. Miller Global Investments LLC purchased a new stake in shares of Molina Healthcare during the 4th quarter worth about $27,000. Cromwell Holdings LLC boosted its stake in shares of Molina Healthcare by 211.9% during the 4th quarter. Cromwell Holdings LLC now owns 184 shares of the company’s stock worth $32,000 after acquiring an additional 125 shares in the last quarter. Quarry LP acquired a new stake in shares of Molina Healthcare during the 4th quarter valued at about $32,000. Finally, Triumph Capital Management grew its position in shares of Molina Healthcare by 4,625.0% during the 4th quarter. Triumph Capital Management now owns 189 shares of the company’s stock valued at $33,000 after acquiring an additional 185 shares during the period. Institutional investors and hedge funds own 98.50% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on MOH. Truist Financial increased their target price on Molina Healthcare from $180.00 to $205.00 and gave the company a “hold” rating in a research report on Monday, May 11th. Mizuho set a $215.00 price objective on shares of Molina Healthcare in a research report on Monday, June 8th. JPMorgan Chase & Co. increased their price objective on shares of Molina Healthcare from $169.00 to $191.00 and gave the company a “neutral” rating in a report on Monday, June 8th. Morgan Stanley lifted their target price on shares of Molina Healthcare from $146.00 to $167.00 and gave the company an “equal weight” rating in a research report on Thursday, June 4th. Finally, Royal Bank Of Canada began coverage on Molina Healthcare in a report on Tuesday. They issued a “sector perform” rating and a $216.00 price objective on the stock. Three investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $184.81.

Molina Healthcare Price Performance

NYSE:MOH opened at $196.18 on Wednesday. Molina Healthcare, Inc has a one year low of $121.06 and a one year high of $311.52. The stock has a market cap of $10.22 billion, a PE ratio of 58.04 and a beta of 0.80. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.63 and a current ratio of 1.63. The stock has a 50 day moving average price of $182.41 and a 200 day moving average price of $167.09.

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, topping analysts’ consensus estimates of $1.57 by $0.78. The company had revenue of $10.80 billion for the quarter, compared to analyst estimates of $10.91 billion. Molina Healthcare had a return on equity of 8.76% and a net margin of 0.42%.The firm’s revenue for the quarter was down 3.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $6.08 earnings per share. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. Equities research analysts expect that Molina Healthcare, Inc will post 5.23 EPS for the current fiscal year.

Insider Activity

In other Molina Healthcare news, insider Jeff D. Barlow sold 17,811 shares of Molina Healthcare stock in a transaction dated 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 transaction, 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, 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 transaction of $114,930.00. Following the completion of the transaction, the chief accounting officer 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.44% of the company’s stock.

About Molina Healthcare

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.