Amitell Capital Pte Ltd Invests $7.29 Million in Molina Healthcare, Inc $MOH

Amitell Capital Pte Ltd bought a new stake in shares of Molina Healthcare, Inc (NYSE:MOH) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 38,098 shares of the company’s stock, valued at approximately $7,290,000. Molina Healthcare comprises 4.4% of Amitell Capital Pte Ltd’s holdings, making the stock its 2nd biggest position. Amitell Capital Pte Ltd owned 0.07% of Molina Healthcare as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. New York State Common Retirement Fund raised its holdings in Molina Healthcare by 35.9% in the third quarter. New York State Common Retirement Fund now owns 139,557 shares of the company’s stock worth $26,706,000 after purchasing an additional 36,831 shares during the period. CenterBook Partners LP grew its stake in Molina Healthcare by 359.7% in the third quarter. CenterBook Partners LP now owns 20,409 shares of the company’s stock valued at $3,905,000 after acquiring an additional 15,969 shares during the period. Merit Financial Group LLC grew its stake in Molina Healthcare by 289.3% in the third quarter. Merit Financial Group LLC now owns 11,735 shares of the company’s stock valued at $2,246,000 after acquiring an additional 8,721 shares during the period. Gibraltar Capital Management Inc. bought a new stake in shares of Molina Healthcare in the third quarter worth about $6,709,000. Finally, Cerity Partners LLC raised its position in shares of Molina Healthcare by 245.3% during the third quarter. Cerity Partners LLC now owns 80,608 shares of the company’s stock worth $15,425,000 after purchasing an additional 57,266 shares during the period. Institutional investors and hedge funds own 98.50% of the company’s stock.

Molina Healthcare Stock Performance

NYSE MOH opened at $145.74 on Thursday. The firm has a 50-day moving average price of $168.37 and a two-hundred day moving average price of $168.79. Molina Healthcare, Inc has a 12-month low of $121.06 and a 12-month high of $359.97. The company has a market capitalization of $7.51 billion, a P/E ratio of 17.03 and a beta of 0.49. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 0.97.

Molina Healthcare (NYSE:MOH) last posted its quarterly earnings data on Thursday, February 5th. The company reported ($2.75) earnings per share for the quarter, missing the consensus estimate of $0.43 by ($3.18). Molina Healthcare had a return on equity of 13.60% and a net margin of 1.04%.The firm had revenue of $11.38 billion for the quarter, compared to the consensus estimate of $10.90 billion. During the same period in the prior year, the company earned $5.05 EPS. The company’s revenue for the quarter was up 8.3% compared to the same quarter last year. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. Analysts anticipate that Molina Healthcare, Inc will post 24.4 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. TD Cowen dropped their price objective on shares of Molina Healthcare from $175.00 to $144.00 and set a “hold” rating on the stock in a report on Monday, February 9th. Truist Financial dropped their price target on Molina Healthcare from $190.00 to $145.00 and set a “hold” rating on the stock in a research note on Tuesday, February 17th. Jefferies Financial Group set a $160.00 target price on Molina Healthcare in a research note on Tuesday, December 16th. Cantor Fitzgerald decreased their price target on shares of Molina Healthcare from $180.00 to $144.00 and set a “neutral” rating for the company in a research note on Monday, February 9th. Finally, Barclays cut their price objective on shares of Molina Healthcare from $164.00 to $133.00 and set an “underweight” rating on the stock in a research report on Tuesday, February 10th. Two analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $157.86.

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.