Dimensional Fund Advisors LP Raises Stock Holdings in Molina Healthcare, Inc $MOH

Dimensional Fund Advisors LP grew its position in Molina Healthcare, Inc (NYSE:MOH) by 31.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 938,677 shares of the company’s stock after acquiring an additional 222,346 shares during the quarter. Dimensional Fund Advisors LP owned about 1.73% of Molina Healthcare worth $179,632,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Victory Capital Management Inc. increased its holdings 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 acquiring an additional 746,639 shares during the period. Norges Bank purchased a new position in Molina Healthcare during the 2nd quarter worth $212,113,000. Invesco Ltd. increased its stake in Molina Healthcare by 25.9% in the second quarter. Invesco Ltd. now owns 1,601,574 shares of the company’s stock valued at $477,109,000 after purchasing an additional 329,759 shares during the period. Rakuten Investment Management Inc. purchased a new stake in shares of Molina Healthcare in the third quarter valued at about $56,592,000. Finally, Vaughan Nelson Investment Management L.P. purchased a new stake in shares of Molina Healthcare in the third quarter valued at about $52,813,000. 98.50% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on MOH shares. Truist Financial lowered their price target on Molina Healthcare from $190.00 to $145.00 and set a “hold” rating on the stock in a report on Tuesday, February 17th. Morgan Stanley reduced 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. Mizuho set a $220.00 target price on Molina Healthcare in a research note on Friday, January 9th. The Goldman Sachs Group dropped their target price on Molina Healthcare from $167.00 to $124.00 and set a “neutral” rating on the stock in a report on Wednesday, February 11th. Finally, Jefferies Financial Group set a $160.00 price target on Molina Healthcare in a research note on Tuesday, December 16th. Two equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Molina Healthcare has a consensus rating of “Hold” and an average target price of $155.71.

Molina Healthcare Trading Down 2.0%

NYSE MOH opened at $144.70 on Monday. 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 stock has a market capitalization of $7.45 billion, a P/E ratio of 16.90 and a beta of 0.52. Molina Healthcare, Inc has a 52-week low of $121.06 and a 52-week high of $359.97. The firm has a 50-day moving average price of $166.24 and a 200 day moving average price of $168.04.

Molina Healthcare (NYSE:MOH) last announced its quarterly earnings data 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 business had revenue of $11.38 billion during the quarter, compared to analysts’ expectations of $10.90 billion. Molina Healthcare had a net margin of 1.04% and a return on equity of 13.60%. Molina Healthcare’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 firm posted $5.05 EPS. 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 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.