ING Groep NV boosted its stake in shares of Molina Healthcare, Inc (NYSE:MOH – Free Report) by 575.7% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 47,343 shares of the company’s stock after purchasing an additional 40,336 shares during the quarter. ING Groep NV’s holdings in Molina Healthcare were worth $8,216,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also modified their holdings of MOH. Torren Management LLC purchased a new position in shares of Molina Healthcare during the 4th quarter worth $26,000. Miller Global Investments LLC purchased a new stake in shares of Molina Healthcare in the fourth quarter valued at about $27,000. Cromwell Holdings LLC grew its holdings in shares of Molina Healthcare by 211.9% in the fourth 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 period. Rakuten Securities Inc. increased its position in Molina Healthcare by 5,020.0% during the fourth quarter. Rakuten Securities Inc. now owns 256 shares of the company’s stock worth $44,000 after purchasing an additional 251 shares during the last quarter. Finally, MUFG Securities EMEA plc acquired a new stake in Molina Healthcare during the second quarter worth about $48,000. 98.50% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling at Molina Healthcare
In related news, insider Jeff D. Barlow sold 17,811 shares of the 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 transaction, the insider owned 67,175 shares of the company’s stock, valued at approximately $12,502,611. This represents a 20.96% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Maurice Hebert sold 600 shares of the firm’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 transaction, the chief accounting officer owned 12,815 shares of the company’s stock, valued at $2,454,713.25. This trade represents a 4.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.44% of the stock is currently owned by insiders.
Wall Street Analysts Forecast Growth
Check Out Our Latest Analysis on MOH
Molina Healthcare Stock Performance
Shares of MOH stock opened at $191.16 on Monday. The firm’s 50 day moving average price is $168.40 and its 200-day moving average price is $162.57. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.63 and a current ratio of 1.63. Molina Healthcare, Inc has a one year low of $121.06 and a one year high of $311.52. The firm has a market cap of $9.96 billion, a P/E ratio of 56.56 and a beta of 0.80.
Molina Healthcare (NYSE:MOH – Get Free Report) last posted its earnings results on Wednesday, April 22nd. The company reported $2.35 earnings per share for the quarter, beating 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 firm had revenue of $10.80 billion during the quarter, compared to the consensus estimate of $10.91 billion. During the same quarter last year, the firm earned $6.08 EPS. The firm’s revenue for the quarter was down 3.1% on a year-over-year basis. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. As a group, equities research analysts predict that Molina Healthcare, Inc will post 5.23 EPS for the current year.
Molina Healthcare Company 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.
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