Larry Mathis Financial Planning LLC Takes Position in Molina Healthcare, Inc $MOH

Larry Mathis Financial Planning LLC acquired a new position in shares of Molina Healthcare, Inc (NYSE:MOH) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 2,244 shares of the company’s stock, valued at approximately $299,000.

Other institutional investors also recently modified their holdings of the company. 7G Capital Management LLC acquired a new position in Molina Healthcare in the 4th quarter worth about $1,735,000. BNP Paribas Financial Markets boosted its stake in shares of Molina Healthcare by 63.0% during the fourth quarter. BNP Paribas Financial Markets now owns 439,371 shares of the company’s stock valued at $76,248,000 after purchasing an additional 169,739 shares in the last quarter. Assenagon Asset Management S.A. boosted its stake in shares of Molina Healthcare by 241.2% during the fourth quarter. Assenagon Asset Management S.A. now owns 271,224 shares of the company’s stock valued at $47,068,000 after purchasing an additional 191,731 shares in the last quarter. Victory Capital Management Inc. grew its holdings in shares of Molina Healthcare by 344.3% during the third quarter. Victory Capital Management Inc. now owns 963,526 shares of the company’s stock worth $184,380,000 after purchasing an additional 746,639 shares during the last quarter. Finally, Royce & Associates LP grew its holdings in shares of Molina Healthcare by 31.1% during the third quarter. Royce & Associates LP now owns 38,611 shares of the company’s stock worth $7,389,000 after purchasing an additional 9,152 shares during the last quarter. 98.50% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Molina Healthcare

In related news, CAO Maurice Hebert sold 600 shares of Molina Healthcare 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 completion of the transaction, 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Jeff D. Barlow sold 17,811 shares of the business’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $186.12, for a total transaction of $3,314,983.32. Following the completion of the transaction, the insider 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. Corporate insiders own 1.44% of the company’s stock.

Molina Healthcare Price Performance

Molina Healthcare stock opened at $229.81 on Friday. The stock’s 50 day moving average is $186.48 and its 200 day moving average is $168.34. 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 cap of $11.97 billion, a P/E ratio of 67.99 and a beta of 0.80. Molina Healthcare, Inc has a one year low of $121.06 and a one year high of $311.52.

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 analysts’ consensus estimates of $1.57 by $0.78. The business had revenue of $10.80 billion during the quarter, compared to the consensus estimate of $10.91 billion. Molina Healthcare had a net margin of 0.42% and a return on equity of 8.76%. The company’s revenue for the quarter was down 3.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $6.08 EPS. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. As a group, research analysts expect that Molina Healthcare, Inc will post 5.23 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on MOH shares. Truist Financial upped their price objective on Molina Healthcare from $180.00 to $205.00 and gave the company a “hold” rating in a research note on Monday, May 11th. Morgan Stanley lifted their target price on shares of Molina Healthcare from $146.00 to $167.00 and gave the stock an “equal weight” rating in a research report on Thursday, June 4th. Weiss Ratings raised shares of Molina Healthcare from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday. Zacks Research raised shares of Molina Healthcare from a “strong sell” rating to a “hold” rating in a research note on Monday, April 20th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $129.00 price target on shares of Molina Healthcare in a report on Friday, April 24th. Three research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Molina Healthcare currently has a consensus rating of “Hold” and an average price target of $184.81.

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.