AustralianSuper Pty Ltd Invests $10.29 Million in Molina Healthcare, Inc $MOH

AustralianSuper Pty Ltd purchased a new stake in Molina Healthcare, Inc (NYSE:MOH) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 53,785 shares of the company’s stock, valued at approximately $10,292,000. AustralianSuper Pty Ltd owned about 0.10% of Molina Healthcare as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. First Horizon Advisors Inc. grew its holdings in shares of Molina Healthcare by 2,140.0% during the second quarter. First Horizon Advisors Inc. now owns 112 shares of the company’s stock worth $33,000 after purchasing an additional 107 shares during the last quarter. Bogart Wealth LLC bought a new stake in Molina Healthcare during the 3rd quarter worth approximately $39,000. CYBER HORNET ETFs LLC bought a new stake in Molina Healthcare during the 2nd quarter worth approximately $45,000. SJS Investment Consulting Inc. increased its position in Molina Healthcare by 6,225.0% in the 3rd quarter. SJS Investment Consulting Inc. now owns 253 shares of the company’s stock valued at $48,000 after acquiring an additional 249 shares during the period. Finally, MUFG Securities EMEA plc bought a new position in shares of Molina Healthcare during the second quarter valued at $48,000. Institutional investors own 98.50% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the company. Sanford C. Bernstein restated an “outperform” rating and issued a $224.00 price objective on shares of Molina Healthcare in a report on Tuesday, January 6th. Jefferies Financial Group set a $160.00 price objective on shares of Molina Healthcare in a research note on Tuesday, December 16th. TD Cowen decreased their price objective on shares of Molina Healthcare from $175.00 to $144.00 and set a “hold” rating for the company in a research report on Monday, February 9th. Wells Fargo & Company set a $141.00 target price on shares of Molina Healthcare and gave the company an “equal weight” rating in a report on Friday, February 20th. Finally, Cantor Fitzgerald decreased their price target on Molina Healthcare from $180.00 to $144.00 and set a “neutral” rating for the company in a report on Monday, February 9th. Two equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $157.86.

Molina Healthcare Trading Down 5.0%

Molina Healthcare stock opened at $144.73 on Wednesday. The stock has a market cap of $7.45 billion, a P/E ratio of 16.91 and a beta of 0.52. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.69 and a current ratio of 1.69. The firm’s fifty day moving average price is $167.23 and its 200-day moving average price is $168.56. Molina Healthcare, Inc has a fifty-two week low of $121.06 and a fifty-two week high of $359.97.

Molina Healthcare (NYSE:MOH) last released its earnings results on Thursday, February 5th. The company reported ($2.75) EPS for the quarter, missing the consensus estimate of $0.43 by ($3.18). Molina Healthcare had a net margin of 1.04% and a return on equity of 13.60%. The business 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 business posted $5.05 EPS. Molina Healthcare’s revenue for the quarter was up 8.3% on a year-over-year basis. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. Equities research analysts forecast that Molina Healthcare, Inc will post 24.4 earnings per share for the current fiscal 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.