LRT Capital Management LLC trimmed its holdings in Molina Healthcare, Inc (NYSE:MOH – Free Report) by 59.1% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 2,135 shares of the company’s stock after selling 3,082 shares during the period. LRT Capital Management LLC’s holdings in Molina Healthcare were worth $371,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also made changes to their positions in the business. Entropy Technologies LP raised its holdings in shares of Molina Healthcare by 615.8% in the fourth quarter. Entropy Technologies LP now owns 19,249 shares of the company’s stock valued at $3,340,000 after buying an additional 16,560 shares during the last quarter. Baupost Group LLC MA purchased a new stake in shares of Molina Healthcare in the fourth quarter valued at about $108,463,000. 8 Knots Management LLC purchased a new stake in shares of Molina Healthcare in the fourth quarter valued at about $198,942,000. Kestra Advisory Services LLC raised its holdings in shares of Molina Healthcare by 10.9% in the fourth quarter. Kestra Advisory Services LLC now owns 1,860 shares of the company’s stock valued at $323,000 after buying an additional 183 shares during the last quarter. Finally, Quarry LP purchased a new position in Molina Healthcare during the fourth quarter worth about $32,000. 98.50% of the stock is owned by hedge funds and other institutional investors.
Insider Activity at Molina Healthcare
In other news, insider Jeff D. Barlow sold 17,811 shares of the stock in a transaction that occurred on 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 sale, the insider directly 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Maurice Hebert sold 600 shares of the stock in a transaction that occurred on 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 sale, the chief accounting officer owned 12,815 shares in the company, valued at $2,454,713.25. This represents a 4.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.44% of the stock is owned by corporate insiders.
Analysts Set New Price Targets
Get Our Latest Stock Analysis on Molina Healthcare
Molina Healthcare Trading Up 3.8%
Shares of Molina Healthcare stock opened at $200.55 on Friday. Molina Healthcare, Inc has a 12-month low of $121.06 and a 12-month high of $311.52. The company has a current ratio of 1.63, a quick ratio of 1.63 and a debt-to-equity ratio of 0.97. The stock has a market cap of $10.45 billion, a PE ratio of 59.33 and a beta of 0.80. The company has a 50-day moving average of $174.79 and a two-hundred day moving average of $164.50.
Molina Healthcare (NYSE:MOH – Get Free Report) last released its quarterly earnings results on Wednesday, April 22nd. The company reported $2.35 EPS for the quarter, beating the consensus estimate 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 net margin of 0.42% and a return on equity of 8.76%. The company’s quarterly revenue was down 3.1% on a year-over-year basis. During the same period in the prior year, the business earned $6.08 earnings per share. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. On average, 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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