Diversified Trust Co Takes Position in Molina Healthcare, Inc $MOH

Diversified Trust Co bought a new stake in Molina Healthcare, Inc (NYSE:MOH) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 3,056 shares of the company’s stock, valued at approximately $585,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MOH. waypoint wealth counsel acquired a new stake in shares of Molina Healthcare in the third quarter valued at about $655,000. Ethic Inc. boosted its position in Molina Healthcare by 59.3% during the third quarter. Ethic Inc. now owns 6,165 shares of the company’s stock valued at $1,180,000 after purchasing an additional 2,296 shares during the last quarter. Three Seasons Wealth LLC bought a new position in Molina Healthcare in the third quarter valued at approximately $365,000. Tealwood Asset Management Inc. grew its stake in Molina Healthcare by 37.0% in the third quarter. Tealwood Asset Management Inc. now owns 6,088 shares of the company’s stock valued at $1,165,000 after purchasing an additional 1,643 shares in the last quarter. Finally, Perigon Wealth Management LLC acquired a new position in shares of Molina Healthcare during the 3rd quarter worth approximately $536,000. 98.50% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently commented on MOH shares. Jefferies Financial Group set a $160.00 price objective on Molina Healthcare in a report on Tuesday, December 16th. The Goldman Sachs Group cut their price target on shares of Molina Healthcare from $207.00 to $167.00 and set a “neutral” rating for the company in a research note on Friday, October 24th. Morgan Stanley set a $158.00 price objective on shares of Molina Healthcare in a research report on Friday, October 24th. Sanford C. Bernstein dropped their target price on shares of Molina Healthcare from $284.00 to $220.00 and set an “outperform” rating on the stock in a report on Friday, September 5th. Finally, Wall Street Zen downgraded shares of Molina Healthcare from a “hold” rating to a “sell” rating in a research note on Saturday, October 25th. Three investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $196.33.

Insider Activity

In other news, Director Richard M. Schapiro sold 357 shares of the business’s stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of $143.02, for a total transaction of $51,058.14. Following the completion of the sale, the director owned 11,352 shares in the company, valued at $1,623,563.04. The trade was a 3.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 1.10% of the stock is currently owned by corporate insiders.

Molina Healthcare Price Performance

NYSE:MOH opened at $178.39 on Friday. The company has a market cap of $9.67 billion, a P/E ratio of 11.05 and a beta of 0.49. The firm’s fifty day moving average price is $154.38 and its two-hundred day moving average price is $182.82. Molina Healthcare, Inc has a one year low of $133.40 and a one year high of $359.97. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.68 and a quick ratio of 1.68.

Molina Healthcare (NYSE:MOH) last announced its earnings results on Wednesday, October 22nd. The company reported $1.84 EPS for the quarter, missing the consensus estimate of $3.97 by ($2.13). Molina Healthcare had a return on equity of 22.95% and a net margin of 1.98%.The company had revenue of $11.48 billion for the quarter, compared to the consensus estimate of $10.99 billion. During the same period in the previous year, the firm posted $6.01 EPS. The business’s quarterly revenue was up 11.0% on a year-over-year basis. Molina Healthcare has set its FY 2025 guidance at 14.000-14.000 EPS. Equities analysts expect that Molina Healthcare, Inc will post 24.4 earnings per share for the current year.

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.