Citigroup Inc. Has $17.87 Million Stake in Molina Healthcare, Inc $MOH

Citigroup Inc. grew its holdings in Molina Healthcare, Inc (NYSE:MOH) by 20.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 93,369 shares of the company’s stock after purchasing an additional 15,949 shares during the quarter. Citigroup Inc. owned about 0.17% of Molina Healthcare worth $17,867,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MOH. Asset Management One Co. Ltd. lifted its position in Molina Healthcare by 0.3% during the 3rd quarter. Asset Management One Co. Ltd. now owns 22,737 shares of the company’s stock worth $4,351,000 after buying an additional 66 shares in the last quarter. Twin Capital Management Inc. lifted its position in shares of Molina Healthcare by 6.3% during the second quarter. Twin Capital Management Inc. now owns 1,181 shares of the company’s stock worth $352,000 after purchasing an additional 70 shares in the last quarter. Parkside Financial Bank & Trust grew its stake in shares of Molina Healthcare by 18.9% during the second quarter. Parkside Financial Bank & Trust now owns 446 shares of the company’s stock valued at $133,000 after purchasing an additional 71 shares during the last quarter. Applied Finance Capital Management LLC increased its holdings in shares of Molina Healthcare by 5.7% in the third quarter. Applied Finance Capital Management LLC now owns 1,408 shares of the company’s stock valued at $269,000 after purchasing an additional 76 shares in the last quarter. Finally, First National Advisers LLC raised its position in Molina Healthcare by 6.4% in the 2nd quarter. First National Advisers LLC now owns 1,297 shares of the company’s stock worth $386,000 after purchasing an additional 78 shares during the last quarter. 98.50% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Cantor Fitzgerald decreased their price objective on Molina Healthcare from $180.00 to $144.00 and set a “neutral” rating on the stock in a research report on Monday, February 9th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Molina Healthcare in a report on Thursday, January 22nd. Jefferies Financial Group set a $160.00 price objective on Molina Healthcare in a research report on Tuesday, December 16th. Barclays cut their target price on shares of Molina Healthcare from $164.00 to $133.00 and set an “underweight” rating on the stock in a research report on Tuesday, February 10th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $224.00 target price on shares of Molina Healthcare in a research note on Tuesday, January 6th. Two research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, Molina Healthcare has a consensus rating of “Hold” and an average target price of $157.86.

Molina Healthcare Stock Performance

Shares of MOH stock opened at $154.54 on Friday. The stock has a market cap of $7.96 billion, a PE ratio of 18.05 and a beta of 0.49. The stock has a 50-day moving average of $167.85 and a 200-day moving average of $168.63. 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 one year low of $121.06 and a one year high of $359.97.

Molina Healthcare (NYSE:MOH) last issued its quarterly earnings data on Thursday, February 5th. The company reported ($2.75) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 quarter in the prior year, the firm posted $5.05 EPS. The firm’s revenue for the quarter 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, Inc will post 24.4 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.