Teachers Retirement System of The State of Kentucky Has $1.12 Million Stock Position in Molina Healthcare, Inc $MOH

Teachers Retirement System of The State of Kentucky grew its holdings in Molina Healthcare, Inc (NYSE:MOH) by 90.7% in the first quarter, HoldingsChannel reports. The fund owned 8,411 shares of the company’s stock after buying an additional 4,000 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in Molina Healthcare were worth $1,121,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. Diversify Wealth Management LLC bought a new position in Molina Healthcare during the first quarter worth about $384,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in Molina Healthcare by 6.5% in the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 12,736 shares of the company’s stock valued at $1,698,000 after purchasing an additional 780 shares during the period. Citizens Financial Group Inc. RI acquired a new position in shares of Molina Healthcare during the 1st quarter worth approximately $379,000. Fifth Third Bancorp grew its position in shares of Molina Healthcare by 245.3% during the 1st quarter. Fifth Third Bancorp now owns 15,706 shares of the company’s stock worth $2,094,000 after purchasing an additional 11,158 shares in the last quarter. Finally, ARGA Investment Management LP increased its holdings in shares of Molina Healthcare by 1.4% during the first quarter. ARGA Investment Management LP now owns 4,166 shares of the company’s stock worth $555,000 after purchasing an additional 59 shares during the period. 98.50% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. Wells Fargo & Company lifted 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. TD Cowen raised their price objective on Molina Healthcare from $163.00 to $230.00 and gave the stock a “hold” rating in a research note on Tuesday. Robert W. Baird raised their price objective on Molina Healthcare from $124.00 to $163.00 and gave the stock a “neutral” rating in a research note on Monday, May 11th. Barclays dropped their price objective on Molina Healthcare from $199.00 to $184.00 and set an “underweight” rating for the company in a report on Wednesday, July 8th. Finally, Truist Financial increased their target price on Molina Healthcare from $205.00 to $250.00 and gave the stock a “hold” rating in a report on Tuesday. Three equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $207.06.

Insider Buying and Selling at Molina Healthcare

In related news, insider Jeff D. Barlow sold 17,811 shares of the firm’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $186.12, for a total value of $3,314,983.32. Following the sale, the insider directly owned 67,175 shares of the company’s stock, valued at $12,502,611. This trade represents a 20.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CAO Maurice Hebert sold 600 shares of Molina Healthcare stock in a transaction dated 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 transaction, the chief accounting officer owned 12,815 shares in the company, valued at approximately $2,454,713.25. This represents a 4.47% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.44% of the stock is owned by corporate insiders.

Molina Healthcare Stock Down 3.4%

Shares of MOH opened at $233.44 on Thursday. The firm has a 50 day simple moving average of $201.97 and a two-hundred day simple moving average of $174.74. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.63 and a quick ratio of 1.63. Molina Healthcare, Inc has a one year low of $121.06 and a one year high of $244.89. The company has a market cap of $12.16 billion, a P/E ratio of 69.07 and a beta of 0.74.

Molina Healthcare (NYSE:MOH) last issued its earnings results on Wednesday, April 22nd. The company reported $2.35 earnings per share for the quarter, beating analysts’ consensus estimates of $1.57 by $0.78. Molina Healthcare had a return on equity of 8.76% and a net margin of 0.42%.The firm had revenue of $10.80 billion for the quarter, compared to the consensus estimate of $10.91 billion. During the same quarter last year, the business posted $6.08 EPS. The company’s revenue was down 3.1% compared to the same quarter last year. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. Research analysts forecast that Molina Healthcare, Inc will post 5.23 EPS for the current fiscal year.

About Molina Healthcare

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.