Molina Healthcare, Inc $MOH Stake Boosted by Sovereign s Capital Management LLC

Sovereign s Capital Management LLC increased its stake in Molina Healthcare, Inc (NYSE:MOH) by 6.5% during the fourth quarter, HoldingsChannel reports. The firm owned 43,283 shares of the company’s stock after acquiring an additional 2,631 shares during the period. Molina Healthcare accounts for approximately 4.6% of Sovereign s Capital Management LLC’s holdings, making the stock its 2nd biggest position. Sovereign s Capital Management LLC’s holdings in Molina Healthcare were worth $7,511,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Torren Management LLC purchased a new position in Molina Healthcare in the 4th quarter worth about $26,000. Miller Global Investments LLC purchased a new position in Molina Healthcare in the 4th quarter worth about $27,000. Cromwell Holdings LLC increased its stake in Molina Healthcare by 211.9% in the 4th quarter. Cromwell Holdings LLC now owns 184 shares of the company’s stock worth $32,000 after purchasing an additional 125 shares in the last quarter. Quarry LP purchased a new position in Molina Healthcare in the 4th quarter worth about $32,000. Finally, Triumph Capital Management increased its stake in Molina Healthcare by 4,625.0% in the 4th quarter. Triumph Capital Management now owns 189 shares of the company’s stock worth $33,000 after purchasing an additional 185 shares in the last quarter. Hedge funds and other institutional investors own 98.50% of the company’s stock.

Molina Healthcare Trading Down 0.9%

NYSE:MOH opened at $200.08 on Wednesday. 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 fifty-two week low of $121.06 and a fifty-two week high of $311.52. The stock’s 50-day moving average is $177.24 and its two-hundred day moving average is $165.38. The stock has a market cap of $10.42 billion, a PE ratio of 59.19 and a beta of 0.80.

Molina Healthcare (NYSE:MOH) last released 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 analysts’ expectations of $10.91 billion. Molina Healthcare had a return on equity of 8.76% and a net margin of 0.42%.The business’s revenue for the quarter was down 3.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $6.08 EPS. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. As a group, equities research analysts forecast that Molina Healthcare, Inc will post 5.23 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the company. Weiss Ratings reissued a “sell (d+)” rating on shares of Molina Healthcare in a research note on Tuesday, April 21st. Bank of America raised Molina Healthcare from an “underperform” rating to a “buy” rating and set a $250.00 price target on the stock in a research note on Wednesday, April 29th. JPMorgan Chase & Co. lifted their price target on Molina Healthcare from $169.00 to $191.00 and gave the stock a “neutral” rating in a research note on Monday, June 8th. Cantor Fitzgerald lifted their target price on Molina Healthcare from $144.00 to $209.00 and gave the company a “neutral” rating in a research note on Monday, May 11th. Finally, Morgan Stanley lifted their target price 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. Three investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $182.73.

Insider Buying and Selling at Molina Healthcare

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

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.