Focus Partners Advisor Solutions LLC raised its stake in Molina Healthcare, Inc (NYSE:MOH – Free Report) by 194.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,784 shares of the company’s stock after purchasing an additional 5,796 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in Molina Healthcare were worth $1,681,000 at the end of the most recent quarter.
Several other large investors also recently modified their holdings of the stock. Invesco Ltd. boosted its holdings in shares of Molina Healthcare by 25.9% during the 2nd quarter. Invesco Ltd. now owns 1,601,574 shares of the company’s stock worth $477,109,000 after buying an additional 329,759 shares during the period. AQR Capital Management LLC grew its position in shares of Molina Healthcare by 4.6% in the second quarter. AQR Capital Management LLC now owns 925,672 shares of the company’s stock valued at $273,096,000 after purchasing an additional 40,714 shares during the last quarter. Norges Bank acquired a new position in shares of Molina Healthcare in the second quarter valued at approximately $212,113,000. Charles Schwab Investment Management Inc. increased its stake in shares of Molina Healthcare by 0.8% during the second quarter. Charles Schwab Investment Management Inc. now owns 419,457 shares of the company’s stock worth $124,956,000 after purchasing an additional 3,216 shares during the period. Finally, Bank of New York Mellon Corp increased its stake in shares of Molina Healthcare by 8.5% during the second quarter. Bank of New York Mellon Corp now owns 364,716 shares of the company’s stock worth $108,649,000 after purchasing an additional 28,562 shares during the period. 98.50% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
Several analysts recently issued reports on the company. Sanford C. Bernstein restated an “outperform” rating and issued a $224.00 price target on shares of Molina Healthcare in a research note on Tuesday, January 6th. Morgan Stanley reduced their target price on shares of Molina Healthcare from $158.00 to $128.00 and set an “equal weight” rating for the company in a research report on Wednesday. Truist Financial lowered their price target on shares of Molina Healthcare from $190.00 to $145.00 and set a “hold” rating on the stock in a research report on Tuesday, February 17th. Deutsche Bank Aktiengesellschaft set a $109.00 price objective on shares of Molina Healthcare in a report on Tuesday, February 10th. Finally, UBS Group restated a “neutral” rating and set a $145.00 target price on shares of Molina Healthcare in a research report on Monday, February 9th. Two investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, Molina Healthcare has an average rating of “Hold” and a consensus price target of $155.71.
Molina Healthcare Stock Performance
Shares of NYSE:MOH opened at $148.17 on Friday. The company’s 50 day simple moving average is $166.64 and its 200 day simple moving average is $168.29. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.69 and a quick ratio of 1.69. Molina Healthcare, Inc has a 1 year low of $121.06 and a 1 year high of $359.97. The stock has a market capitalization of $7.63 billion, a price-to-earnings ratio of 17.31 and a beta of 0.52.
Molina Healthcare (NYSE:MOH – Get Free Report) last issued its quarterly earnings results on Thursday, February 5th. The company reported ($2.75) earnings per share (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 during the quarter, compared to the consensus estimate of $10.90 billion. During the same quarter in the previous year, the business posted $5.05 EPS. The company’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. As a group, research analysts predict that Molina Healthcare, Inc will post 24.4 EPS for the current fiscal year.
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.
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