Barclays PLC Sells 36,268 Shares of Molina Healthcare, Inc $MOH

Barclays PLC lessened its position in shares of Molina Healthcare, Inc (NYSE:MOH) by 24.8% in the third quarter, according to its most recent filing with the SEC. The firm owned 110,074 shares of the company’s stock after selling 36,268 shares during the quarter. Barclays PLC owned approximately 0.20% of Molina Healthcare worth $21,064,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of MOH. Victory Capital Management Inc. boosted its stake in shares of Molina Healthcare by 344.3% in the 3rd quarter. Victory Capital Management Inc. now owns 963,526 shares of the company’s stock valued at $184,380,000 after purchasing an additional 746,639 shares during the last quarter. Norges Bank bought a new position in Molina Healthcare during the second quarter worth $212,113,000. Invesco Ltd. raised its stake in Molina Healthcare by 25.9% during the second 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 last quarter. Rakuten Investment Management Inc. acquired a new position in Molina Healthcare in the third quarter valued at $56,592,000. Finally, Vaughan Nelson Investment Management L.P. acquired a new position in Molina Healthcare in the third quarter valued at $52,813,000. Institutional investors and hedge funds own 98.50% of the company’s stock.

Molina Healthcare Price Performance

MOH stock opened at $147.08 on Thursday. The stock has a market capitalization of $7.57 billion, a PE ratio of 17.18 and a beta of 0.52. The company’s 50-day moving average is $164.71 and its 200-day moving average is $167.47. 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.

Molina Healthcare (NYSE:MOH) last issued 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 firm had revenue of $11.38 billion during the quarter, compared to analyst estimates of $10.90 billion. During the same quarter in the prior year, the business earned $5.05 earnings per share. The business’s quarterly revenue 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 expect that Molina Healthcare, Inc will post 24.4 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have weighed in on the company. TD Cowen decreased their price target on Molina Healthcare from $175.00 to $144.00 and set a “hold” rating for the company in a report on Monday, February 9th. Barclays dropped their price objective on Molina Healthcare from $164.00 to $133.00 and set an “underweight” rating on the stock in a research note on Tuesday, February 10th. Morgan Stanley cut their target price on Molina Healthcare from $158.00 to $128.00 and set an “equal weight” rating on the stock in a research report on Wednesday, March 4th. Deutsche Bank Aktiengesellschaft set a $109.00 target price on Molina Healthcare in a report on Tuesday, February 10th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Molina Healthcare in a research note on Thursday, January 22nd. Two investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $155.71.

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.