Molina Healthcare, Inc $MOH Shares Sold by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. lessened its position in shares of Molina Healthcare, Inc (NYSE:MOH) by 73.1% during the third quarter, HoldingsChannel reports. The institutional investor owned 5,177 shares of the company’s stock after selling 14,066 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Molina Healthcare were worth $991,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also made changes to their positions in the company. First Horizon Advisors Inc. raised its position in shares of Molina Healthcare by 2,140.0% during the 2nd quarter. First Horizon Advisors Inc. now owns 112 shares of the company’s stock valued at $33,000 after acquiring an additional 107 shares in the last quarter. Bogart Wealth LLC acquired a new stake in shares of Molina Healthcare during the third quarter worth $39,000. CYBER HORNET ETFs LLC bought a new position in shares of Molina Healthcare in the 2nd quarter worth about $45,000. SJS Investment Consulting Inc. boosted its holdings in shares of Molina Healthcare by 6,225.0% in the 3rd quarter. SJS Investment Consulting Inc. now owns 253 shares of the company’s stock valued at $48,000 after buying an additional 249 shares during the period. Finally, MUFG Securities EMEA plc bought a new stake in shares of Molina Healthcare during the 2nd quarter valued at about $48,000. 98.50% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. 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 report on Tuesday, February 10th. Wells Fargo & Company set a $141.00 price target on Molina Healthcare and gave the stock an “equal weight” rating in a report on Friday, February 20th. Mizuho set a $220.00 price objective on Molina Healthcare in a research note on Friday, January 9th. Truist Financial dropped their target price on Molina Healthcare from $190.00 to $145.00 and set a “hold” rating on the stock in a research report on Tuesday, February 17th. Finally, Jefferies Financial Group set a $160.00 price target on shares of Molina Healthcare in a report on Tuesday, December 16th. Two research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $155.71.

Molina Healthcare Stock Up 1.3%

Shares of Molina Healthcare stock opened at $146.32 on Tuesday. 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 1-year low of $121.06 and a 1-year high of $359.97. The business’s fifty day moving average price is $165.83 and its two-hundred day moving average price is $167.85. The company has a market capitalization of $7.54 billion, a P/E ratio of 17.09 and a beta of 0.52.

Molina Healthcare (NYSE:MOH) last issued its quarterly earnings results on Thursday, February 5th. The company reported ($2.75) 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 business had revenue of $11.38 billion for the quarter, compared to analyst estimates of $10.90 billion. During the same period last year, the business posted $5.05 earnings per share. Molina Healthcare’s revenue for the quarter was up 8.3% on a year-over-year basis. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. As a group, research analysts forecast 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.