GSA Capital Partners LLP Grows Stock Position in Molina Healthcare, Inc $MOH

GSA Capital Partners LLP lifted its stake in shares of Molina Healthcare, Inc (NYSE:MOHFree Report) by 70.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 7,172 shares of the company’s stock after buying an additional 2,965 shares during the quarter. GSA Capital Partners LLP’s holdings in Molina Healthcare were worth $1,245,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of the stock. Blue Trust Inc. raised its stake in shares of Molina Healthcare by 23.8% during the fourth quarter. Blue Trust Inc. now owns 322 shares of the company’s stock worth $56,000 after purchasing an additional 62 shares during the last quarter. Applied Finance Capital Management LLC raised its stake in shares of Molina Healthcare by 5.7% during the third quarter. Applied Finance Capital Management LLC now owns 1,408 shares of the company’s stock worth $269,000 after purchasing an additional 76 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Molina Healthcare by 0.7% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 13,668 shares of the company’s stock worth $2,616,000 after purchasing an additional 92 shares during the last quarter. Public Employees Retirement System of Ohio raised its stake in shares of Molina Healthcare by 0.6% during the third quarter. Public Employees Retirement System of Ohio now owns 16,753 shares of the company’s stock worth $3,206,000 after purchasing an additional 104 shares during the last quarter. Finally, UMB Bank n.a. raised its stake in shares of Molina Healthcare by 35.4% during the third quarter. UMB Bank n.a. now owns 432 shares of the company’s stock worth $83,000 after purchasing an additional 113 shares during the last quarter. Hedge funds and other institutional investors own 98.50% of the company’s stock.

Insiders Place Their Bets

In related news, CAO Maurice Hebert sold 600 shares of the stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $191.55, for a total transaction of $114,930.00. Following the sale, the chief accounting officer owned 12,815 shares of the company’s stock, valued at $2,454,713.25. This trade represents a 4.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Jeff D. Barlow sold 17,811 shares of the stock in a transaction on Monday, May 11th. The shares were 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 in the company, valued at approximately $12,502,611. The trade was a 20.96% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.44% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on MOH. Zacks Research upgraded Molina Healthcare from a “strong sell” rating to a “hold” rating in a research note on Monday, April 20th. Robert W. Baird upped their price objective on Molina Healthcare from $124.00 to $163.00 and gave the stock a “neutral” rating in a report on Monday, May 11th. Cantor Fitzgerald upped their price objective on Molina Healthcare from $144.00 to $209.00 and gave the stock a “neutral” rating in a report on Monday, May 11th. The Goldman Sachs Group dropped their price objective 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, Wall Street Zen raised Molina Healthcare from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Three analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $174.53.

Get Our Latest Report on Molina Healthcare

Molina Healthcare Trading Down 1.5%

Shares of MOH stock opened at $181.60 on Thursday. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.63 and a quick ratio of 1.63. The firm has a market capitalization of $9.46 billion, a PE ratio of 53.73 and a beta of 0.85. Molina Healthcare, Inc has a 1-year low of $121.06 and a 1-year high of $325.34. The business’s fifty day moving average price is $159.20 and its 200 day moving average price is $159.42.

Molina Healthcare (NYSE:MOHGet Free Report) last posted its earnings results on Wednesday, April 22nd. The company reported $2.35 earnings per share for the quarter, beating the consensus estimate of $1.57 by $0.78. The company 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%.Molina Healthcare’s revenue was down 3.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $6.08 earnings per share. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. As a group, sell-side analysts forecast that Molina Healthcare, Inc will post 5.23 EPS for the current fiscal year.

Molina Healthcare Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding MOH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Molina Healthcare, Inc (NYSE:MOHFree Report).

Institutional Ownership by Quarter for Molina Healthcare (NYSE:MOH)

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