Diversify Wealth Management LLC Invests $384,000 in Molina Healthcare, Inc $MOH

Diversify Wealth Management LLC bought a new stake in Molina Healthcare, Inc (NYSE:MOH) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,883 shares of the company’s stock, valued at approximately $384,000.

Other hedge funds have also recently modified their holdings of the company. 7G Capital Management LLC acquired a new stake in shares of Molina Healthcare during the fourth quarter worth about $1,735,000. BNP Paribas Financial Markets grew its stake in Molina Healthcare by 63.0% during the 4th quarter. BNP Paribas Financial Markets now owns 439,371 shares of the company’s stock worth $76,248,000 after buying an additional 169,739 shares during the last quarter. Assenagon Asset Management S.A. grew its stake in Molina Healthcare by 241.2% during the 4th quarter. Assenagon Asset Management S.A. now owns 271,224 shares of the company’s stock worth $47,068,000 after buying an additional 191,731 shares during the last quarter. Allspring Global Investments Holdings LLC increased its position in Molina Healthcare by 27.4% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 38,913 shares of the company’s stock worth $6,944,000 after buying an additional 8,381 shares during the period. Finally, SG Americas Securities LLC increased its position in Molina Healthcare by 923.3% during the fourth quarter. SG Americas Securities LLC now owns 87,220 shares of the company’s stock worth $15,136,000 after buying an additional 78,697 shares during the period. 98.50% of the stock is owned by hedge funds and other institutional investors.

Molina Healthcare Trading Up 0.4%

Shares of Molina Healthcare stock opened at $225.66 on Friday. Molina Healthcare, Inc has a 12-month low of $121.06 and a 12-month high of $244.89. The company has a current ratio of 1.63, a quick ratio of 1.63 and a debt-to-equity ratio of 0.97. The stock has a market cap of $11.76 billion, a PE ratio of 66.76 and a beta of 0.74. The company has a 50-day moving average of $203.43 and a two-hundred day moving average of $175.52.

Molina Healthcare (NYSE:MOH) last announced its quarterly earnings results on Wednesday, April 22nd. The company reported $2.35 EPS for the quarter, topping the consensus estimate of $1.57 by $0.78. The business had revenue of $10.80 billion for the quarter, compared to analyst estimates of $10.91 billion. Molina Healthcare had a return on equity of 8.76% and a net margin of 0.42%.The company’s quarterly revenue was down 3.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $6.08 EPS. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. On average, research analysts anticipate that Molina Healthcare, Inc will post 5.23 EPS for the current fiscal year.

Insider Buying and Selling at Molina Healthcare

In other Molina Healthcare news, insider Jeff D. Barlow sold 17,811 shares of the business’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $186.12, for a total transaction of $3,314,983.32. Following the sale, the insider directly owned 67,175 shares in the company, valued at approximately $12,502,611. The trade was a 20.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Maurice Hebert sold 600 shares of the company’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $191.55, for a total value of $114,930.00. Following the completion of the sale, the chief accounting officer directly owned 12,815 shares in the company, valued at $2,454,713.25. This trade represents a 4.47% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 1.44% of the company’s stock.

Wall Street Analyst Weigh In

MOH has been the subject of a number of research reports. Morgan Stanley boosted their price objective on Molina Healthcare from $146.00 to $167.00 and gave the company an “equal weight” rating in a research note on Thursday, June 4th. Barclays cut their target price on shares of Molina Healthcare from $199.00 to $184.00 and set an “underweight” rating on the stock in a report on Wednesday, July 8th. Wells Fargo & Company upped their price target on shares of Molina Healthcare from $159.00 to $235.00 and gave the company an “equal weight” rating in a research report on Monday, July 13th. Sanford C. Bernstein set a $286.00 price target on shares of Molina Healthcare in a research note on Monday, July 13th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $129.00 price target on shares of Molina Healthcare in a research note on Friday, April 24th. Three research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $207.06.

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.