Entropy Technologies LP increased its position in shares of Molina Healthcare, Inc (NYSE:MOH – Free Report) by 615.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,249 shares of the company’s stock after acquiring an additional 16,560 shares during the period. Entropy Technologies LP’s holdings in Molina Healthcare were worth $3,340,000 at the end of the most recent quarter.
A number of other hedge funds have also recently bought and sold shares of the company. Blue Trust Inc. grew its holdings in 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 acquiring an additional 62 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in 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 acquiring an additional 92 shares during the period. Public Employees Retirement System of Ohio grew its holdings in 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 acquiring an additional 104 shares during the period. Brown Brothers Harriman & Co. grew its holdings in Molina Healthcare by 96.1% during the fourth quarter. Brown Brothers Harriman & Co. now owns 249 shares of the company’s stock worth $43,000 after acquiring an additional 122 shares during the period. Finally, Cromwell Holdings LLC grew its holdings in Molina Healthcare by 211.9% during the fourth quarter. Cromwell Holdings LLC now owns 184 shares of the company’s stock worth $32,000 after acquiring an additional 125 shares during the period. 98.50% of the stock is owned by institutional investors and hedge funds.
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 value of $114,930.00. Following the completion of the transaction, 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 position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, 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 owned 67,175 shares of the company’s stock, valued at $12,502,611. The trade was a 20.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 1.44% of the company’s stock.
Analyst Ratings Changes
Check Out Our Latest Research Report on MOH
Molina Healthcare Trading Up 0.1%
NYSE:MOH opened at $200.55 on Monday. The company has a quick ratio of 1.63, a current ratio of 1.63 and a debt-to-equity ratio of 0.97. Molina Healthcare, Inc has a 1-year low of $121.06 and a 1-year high of $311.52. The firm has a market capitalization of $10.45 billion, a price-to-earnings ratio of 59.33 and a beta of 0.80. The stock has a fifty day simple moving average of $174.79 and a 200 day simple moving average of $164.63.
Molina Healthcare (NYSE:MOH – Get Free Report) last released its quarterly 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 business had revenue of $10.80 billion during the quarter, compared to analyst estimates of $10.91 billion. During the same quarter last year, the company posted $6.08 EPS. Molina Healthcare’s revenue for the quarter was down 3.1% on a year-over-year basis. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. Sell-side analysts forecast that Molina Healthcare, Inc will post 5.23 earnings per share for the current 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.
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