Capital World Investors Sells 1,662,977 Shares of Molina Healthcare, Inc $MOH

Capital World Investors decreased its holdings in Molina Healthcare, Inc (NYSE:MOHFree Report) by 32.2% during the 4th quarter, HoldingsChannel reports. The firm owned 3,504,192 shares of the company’s stock after selling 1,662,977 shares during the quarter. Capital World Investors owned about 0.06% of Molina Healthcare worth $608,114,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Torren Management LLC bought a new position in shares of Molina Healthcare in the 4th quarter valued at $26,000. Miller Global Investments LLC bought a new position in shares of Molina Healthcare in the 4th quarter valued at $27,000. MUFG Securities EMEA plc bought a new position in shares of Molina Healthcare in the 2nd quarter valued at $48,000. Cromwell Holdings LLC increased its stake in shares of Molina Healthcare by 211.9% in the 4th quarter. Cromwell Holdings LLC now owns 184 shares of the company’s stock valued at $32,000 after purchasing an additional 125 shares during the last quarter. Finally, Rakuten Securities Inc. increased its stake in shares of Molina Healthcare by 5,020.0% in the 4th quarter. Rakuten Securities Inc. now owns 256 shares of the company’s stock valued at $44,000 after purchasing an additional 251 shares during the last quarter. Institutional investors own 98.50% of the company’s stock.

Insiders Place Their Bets

In related news, CAO Maurice Hebert sold 600 shares of the business’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $191.55, for a total transaction of $114,930.00. Following the sale, 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 position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Jeff D. Barlow sold 17,811 shares of the business’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $186.12, for a total value of $3,314,983.32. Following the sale, the insider owned 67,175 shares in the company, valued at $12,502,611. This represents a 20.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.44% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Wells Fargo & Company lifted their price target on Molina Healthcare from $141.00 to $159.00 and gave the company an “equal weight” rating in a research note on Monday, April 27th. Zacks Research upgraded Molina Healthcare from a “strong sell” rating to a “hold” rating in a research note on Monday, April 20th. Cantor Fitzgerald lifted their price target on Molina Healthcare from $144.00 to $209.00 and gave the company a “neutral” rating in a research note on Monday, May 11th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Molina Healthcare in a research note on Friday, March 13th. Finally, Robert W. Baird lifted their price target on Molina Healthcare from $124.00 to $163.00 and gave the company a “neutral” rating in a research note on Monday, May 11th. Three analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $179.93.

View Our Latest Research Report on Molina Healthcare

Molina Healthcare Trading Up 0.2%

Shares of MOH stock opened at $191.16 on Monday. The firm has a market capitalization of $9.96 billion, a P/E ratio of 56.56 and a beta of 0.80. Molina Healthcare, Inc has a twelve month low of $121.06 and a twelve month 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 stock’s fifty day simple moving average is $168.40 and its 200 day simple moving average is $162.57.

Molina Healthcare (NYSE:MOHGet Free Report) last issued 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 business 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%.Molina Healthcare’s quarterly revenue was down 3.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $6.08 EPS. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. As a group, sell-side analysts predict that Molina Healthcare, Inc will post 5.23 EPS for the current fiscal year.

About Molina Healthcare

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Molina Healthcare (NYSE:MOH)

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