4,000 Shares in Molina Healthcare, Inc $MOH Purchased by Cannon Global Investment Management LLC

Cannon Global Investment Management LLC bought a new position in shares of Molina Healthcare, Inc (NYSE:MOH) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 4,000 shares of the company’s stock, valued at approximately $694,000. Molina Healthcare makes up about 1.7% of Cannon Global Investment Management LLC’s portfolio, making the stock its 20th biggest position.

Several other institutional investors have also recently bought and sold shares of the business. Blue Trust Inc. raised its stake in Molina Healthcare by 23.8% during the fourth quarter. Blue Trust Inc. now owns 322 shares of the company’s stock worth $56,000 after acquiring an additional 62 shares in the last quarter. Asset Management One Co. Ltd. raised its stake in Molina Healthcare by 0.3% during the third quarter. Asset Management One Co. Ltd. now owns 22,737 shares of the company’s stock worth $4,351,000 after acquiring an additional 66 shares in the last quarter. Applied Finance Capital Management LLC raised its stake in Molina Healthcare by 5.7% during the third quarter. Applied Finance Capital Management LLC now owns 1,408 shares of the company’s stock worth $269,000 after acquiring an additional 76 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Molina Healthcare by 0.7% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 13,668 shares of the company’s stock worth $2,616,000 after acquiring an additional 92 shares in the last quarter. Finally, Tokio Marine Asset Management Co. Ltd. raised its stake in Molina Healthcare by 5.0% during the third quarter. Tokio Marine Asset Management Co. Ltd. now owns 2,025 shares of the company’s stock worth $388,000 after acquiring an additional 96 shares in the last quarter. Institutional investors and hedge funds own 98.50% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on MOH. Wells Fargo & Company set a $141.00 price objective on Molina Healthcare and gave the company an “equal weight” rating in a research note on Friday, February 20th. Morgan Stanley lowered their price objective on Molina Healthcare from $158.00 to $128.00 and set an “equal weight” rating for the company in a research note on Wednesday, March 4th. TD Cowen lowered their price objective on Molina Healthcare from $175.00 to $144.00 and set a “hold” rating for the company in a research note on Monday, February 9th. Truist Financial lowered their price objective on Molina Healthcare from $190.00 to $145.00 and set a “hold” rating for the company in a research note on Tuesday, February 17th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Molina Healthcare in a research note on Friday, March 13th. Two investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $169.21.

Molina Healthcare Stock Performance

Molina Healthcare stock opened at $150.08 on Tuesday. The business has a 50 day moving average of $143.03 and a 200-day moving average of $159.76. Molina Healthcare, Inc has a 1 year low of $121.06 and a 1 year high of $333.22. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.69 and a quick ratio of 1.69. The company has a market capitalization of $7.82 billion, a P/E ratio of 17.53 and a beta of 0.55.

Molina Healthcare (NYSE:MOH) last released its earnings results on Thursday, February 5th. The company reported ($2.75) earnings per share for the quarter, missing analysts’ consensus estimates of $0.43 by ($3.18). The firm had revenue of $11.38 billion for the quarter, compared to analyst estimates of $10.90 billion. Molina Healthcare had a net margin of 1.04% and a return on equity of 13.60%. The business’s revenue for the quarter was up 8.3% compared to the same quarter last year. During the same period in the prior year, the company posted $5.05 EPS. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. On average, equities research analysts predict that Molina Healthcare, Inc will post 5.03 earnings per share for the current year.

Molina Healthcare 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.