Molina Healthcare (NYSE:MOH – Get Free Report) was downgraded by investment analysts at Wall Street Zen from a “sell” rating to a “strong sell” rating in a research note issued on Saturday.
Several other equities research analysts also recently weighed in on MOH. Deutsche Bank Aktiengesellschaft set a $310.00 price objective on Molina Healthcare in a report on Friday, March 13th. Cantor Fitzgerald cut their target price on Molina Healthcare from $180.00 to $144.00 and set a “neutral” rating on the stock in a report on Monday, February 9th. Jefferies Financial Group set a $160.00 target price on Molina Healthcare in a report on Tuesday, December 16th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Molina Healthcare in a report on Friday, March 13th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Molina Healthcare in a report on Thursday, January 22nd. Two analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Molina Healthcare has a consensus rating of “Hold” and an average price target of $169.21.
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Molina Healthcare Trading Up 0.6%
Molina Healthcare (NYSE:MOH – Get Free Report) last released 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 net margin of 1.04% and a return on equity of 13.60%. The firm had revenue of $11.38 billion for the quarter, compared to analyst estimates of $10.90 billion. During the same period last year, the business earned $5.05 EPS. The company’s revenue was up 8.3% compared to the same quarter last year. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. As a group, sell-side analysts expect that Molina Healthcare will post 24.4 EPS for the current fiscal year.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of MOH. New York State Common Retirement Fund raised its position in shares of Molina Healthcare by 35.9% in the 3rd quarter. New York State Common Retirement Fund now owns 139,557 shares of the company’s stock worth $26,706,000 after acquiring an additional 36,831 shares in the last quarter. CenterBook Partners LP raised its position in shares of Molina Healthcare by 359.7% in the 3rd quarter. CenterBook Partners LP now owns 20,409 shares of the company’s stock worth $3,905,000 after acquiring an additional 15,969 shares in the last quarter. Merit Financial Group LLC raised its position in shares of Molina Healthcare by 289.3% in the 3rd quarter. Merit Financial Group LLC now owns 11,735 shares of the company’s stock worth $2,246,000 after acquiring an additional 8,721 shares in the last quarter. Gibraltar Capital Management Inc. bought a new position in shares of Molina Healthcare in the 3rd quarter worth about $6,709,000. Finally, Cerity Partners LLC raised its position in shares of Molina Healthcare by 245.3% in the 3rd quarter. Cerity Partners LLC now owns 80,608 shares of the company’s stock worth $15,425,000 after acquiring an additional 57,266 shares in the last quarter. 98.50% of the stock is owned by institutional investors and hedge funds.
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.
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