Molina Healthcare (NYSE:MOH) CAO Maurice Hebert Sells 600 Shares

Molina Healthcare, Inc (NYSE:MOH) 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 owned 12,815 shares in the company, valued at $2,454,713.25. This trade represents a 4.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Molina Healthcare Stock Performance

Shares of NYSE:MOH opened at $184.78 on Friday. The business’s fifty day moving average price is $156.96 and its two-hundred day moving average price is $158.90. Molina Healthcare, Inc has a fifty-two week low of $121.06 and a fifty-two week high of $327.68. The stock has a market capitalization of $9.63 billion, a price-to-earnings ratio of 54.67 and a beta of 0.85. 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 (NYSE:MOH) last posted its quarterly earnings data on Wednesday, April 22nd. The company reported $2.35 EPS for the quarter, topping analysts’ consensus estimates 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%.The business’s revenue was down 3.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $6.08 earnings per share. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. As a group, analysts predict that Molina Healthcare, Inc will post 5.23 EPS for the current fiscal year.

Hedge Funds Weigh In On Molina Healthcare

Large investors have recently made changes to their positions in the company. New York State Common Retirement Fund lifted its stake in shares of Molina Healthcare by 35.9% during the third quarter. New York State Common Retirement Fund now owns 139,557 shares of the company’s stock valued at $26,706,000 after acquiring an additional 36,831 shares during the period. CenterBook Partners LP lifted its stake in shares of Molina Healthcare by 359.7% during the third quarter. CenterBook Partners LP now owns 20,409 shares of the company’s stock valued at $3,905,000 after acquiring an additional 15,969 shares during the period. Gibraltar Capital Management Inc. acquired a new position in Molina Healthcare in the third quarter valued at about $6,709,000. Fiera Capital Corp lifted its stake in Molina Healthcare by 68.8% in the third quarter. Fiera Capital Corp now owns 241,581 shares of the company’s stock valued at $46,229,000 after buying an additional 98,431 shares during the period. Finally, DDD Partners LLC acquired a new position in Molina Healthcare in the third quarter valued at about $1,743,000. Institutional investors and hedge funds own 98.50% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on MOH shares. Truist Financial boosted their price objective on Molina Healthcare from $180.00 to $205.00 and gave the stock a “hold” rating in a research note on Monday, May 11th. TD Cowen reduced their price objective on Molina Healthcare from $175.00 to $144.00 and set a “hold” rating on the stock in a research note on Monday, February 9th. Wells Fargo & Company boosted their price objective on Molina Healthcare from $141.00 to $159.00 and gave the stock an “equal weight” rating in a research note on Monday, April 27th. Weiss Ratings reissued a “sell (d+)” rating on shares of Molina Healthcare in a research note on Tuesday, April 21st. Finally, Bank of America raised Molina Healthcare from an “underperform” rating to a “buy” rating and set a $250.00 price objective on the stock in a research note on Wednesday, April 29th. Three investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $174.53.

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.