Assetmark Inc. Raises Stock Position in Molina Healthcare, Inc $MOH

Assetmark Inc. raised its holdings in Molina Healthcare, Inc (NYSE:MOH) by 67.2% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,780 shares of the company’s stock after buying an additional 3,931 shares during the period. Assetmark Inc.’s holdings in Molina Healthcare were worth $1,872,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of MOH. 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 acquired a new stake in shares of Molina Healthcare during the third quarter valued at $39,000. CYBER HORNET ETFs LLC purchased a new stake in Molina Healthcare during the 2nd quarter worth about $45,000. SJS Investment Consulting Inc. increased its position in Molina Healthcare by 6,225.0% during the 3rd quarter. SJS Investment Consulting Inc. now owns 253 shares of the company’s stock worth $48,000 after purchasing an additional 249 shares in the last quarter. Finally, MUFG Securities EMEA plc acquired a new position in Molina Healthcare in the 2nd quarter valued at about $48,000. Hedge funds and other institutional investors own 98.50% of the company’s stock.

Insider Activity

In related news, Director Richard M. Schapiro sold 357 shares of the business’s stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $143.02, for a total value of $51,058.14. Following the sale, the director directly owned 11,352 shares in the company, valued at $1,623,563.04. The trade was a 3.05% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.10% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts have recently commented on MOH shares. The Goldman Sachs Group lowered their price target on shares of Molina Healthcare from $167.00 to $124.00 and set a “neutral” rating for the company in a report on Wednesday, February 11th. Weiss Ratings restated a “sell (d+)” rating on shares of Molina Healthcare in a report on Thursday, January 22nd. Wells Fargo & Company upped their price target on shares of Molina Healthcare from $165.00 to $208.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 7th. Truist Financial dropped 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 note on Tuesday. Finally, TD Cowen lowered 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. Three analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $162.64.

Molina Healthcare Stock Performance

MOH stock opened at $147.96 on Friday. The company has a market capitalization of $7.62 billion, a P/E ratio of 17.28 and a beta of 0.49. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 0.97. The company has a 50-day simple moving average of $169.50 and a 200 day simple moving average of $168.85. 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 issued its quarterly 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). Molina Healthcare had a return on equity of 13.60% and a net margin of 1.04%.The company had revenue of $11.38 billion during the quarter, compared to analyst estimates of $10.90 billion. During the same period in the prior year, the company posted $5.05 earnings per share. The company’s revenue was up 8.3% on a year-over-year basis. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. Sell-side analysts predict that Molina Healthcare, Inc will post 24.4 earnings per share 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.