Krilogy Financial LLC purchased a new position in Molina Healthcare, Inc (NYSE:MOH – Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 8,062 shares of the company’s stock, valued at approximately $1,075,000.
A number of other hedge funds have also recently modified their holdings of MOH. Torren Management LLC bought a new position in shares of Molina Healthcare during the fourth quarter valued at about $26,000. Miller Global Investments LLC bought a new stake in shares of Molina Healthcare in the fourth quarter worth about $27,000. MUFG Securities EMEA plc purchased a new position in Molina Healthcare during the 2nd quarter valued at about $48,000. Cromwell Holdings LLC raised its position in Molina Healthcare by 211.9% during 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, Quarry LP bought a new position in Molina Healthcare during the 4th quarter valued at approximately $32,000. Hedge funds and other institutional investors own 98.50% of the company’s stock.
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 shares were sold at an average price of $186.12, for a total value of $3,314,983.32. Following the completion of the transaction, the insider directly owned 67,175 shares in the company, valued at $12,502,611. This trade represents a 20.96% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Maurice Hebert sold 600 shares of Molina Healthcare 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 transaction, the chief accounting officer directly owned 12,815 shares of the company’s stock, valued at approximately $2,454,713.25. This trade represents a 4.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.44% of the company’s stock.
Wall Street Analysts Forecast Growth
Get Our Latest Stock Report on MOH
Molina Healthcare Stock Up 7.5%
Shares of NYSE:MOH opened at $216.52 on Friday. The firm has a market capitalization of $11.28 billion, a P/E ratio of 64.06 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 $184.83 and a 200-day moving average price of $167.91. Molina Healthcare, Inc has a 52-week low of $121.06 and a 52-week high of $311.52.
Molina Healthcare (NYSE:MOH – Get Free Report) last released its quarterly 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. 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 was down 3.1% on a year-over-year basis. During the same period in the previous year, the company posted $6.08 earnings per share. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. As a group, equities research analysts anticipate that Molina Healthcare, Inc will post 5.23 EPS for the current fiscal year.
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.
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