Mirae Asset Global Investments Co. Ltd. Increases Holdings in Molina Healthcare, Inc $MOH

Mirae Asset Global Investments Co. Ltd. grew its holdings in Molina Healthcare, Inc (NYSE:MOH) by 219.9% during the 4th quarter, Holdings Channel.com reports. The fund owned 28,195 shares of the company’s stock after acquiring an additional 19,382 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Molina Healthcare were worth $4,893,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. AQR Capital Management LLC lifted its position in shares of Molina Healthcare by 217.0% in the third quarter. AQR Capital Management LLC now owns 2,934,130 shares of the company’s stock valued at $561,475,000 after acquiring an additional 2,008,458 shares in the last quarter. Victory Capital Management Inc. lifted its position in shares of Molina Healthcare by 344.3% in the third quarter. Victory Capital Management Inc. now owns 963,526 shares of the company’s stock valued at $184,380,000 after acquiring an additional 746,639 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Molina Healthcare by 31.0% in the third quarter. Dimensional Fund Advisors LP now owns 938,677 shares of the company’s stock valued at $179,632,000 after acquiring an additional 222,346 shares in the last quarter. UBS Group AG lifted its position in shares of Molina Healthcare by 320.7% in the third quarter. UBS Group AG now owns 603,934 shares of the company’s stock valued at $115,569,000 after acquiring an additional 460,372 shares in the last quarter. Finally, Northern Trust Corp lifted its position in shares of Molina Healthcare by 4.9% in the third quarter. Northern Trust Corp now owns 569,023 shares of the company’s stock worth $108,888,000 after buying an additional 26,355 shares in the last quarter. 98.50% of the stock is currently owned by hedge funds and other institutional investors.

Molina Healthcare Trading Up 0.5%

Shares of MOH stock opened at $150.84 on Wednesday. Molina Healthcare, Inc has a 1 year low of $121.06 and a 1 year high of $333.22. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.69 and a quick ratio of 1.69. The stock’s 50 day simple moving average is $143.54 and its two-hundred day simple moving average is $159.39. The company has a market cap of $7.86 billion, a PE ratio of 17.62 and a beta of 0.55.

Molina Healthcare (NYSE:MOH) last issued its quarterly earnings data on Thursday, February 5th. The company reported ($2.75) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.43 by ($3.18). Molina Healthcare had a net margin of 1.04% and a return on equity of 13.60%. The company had revenue of $11.38 billion for the quarter, compared to analysts’ expectations of $10.90 billion. During the same quarter last year, the company earned $5.05 earnings per share. The company’s revenue for the quarter was up 8.3% on a year-over-year basis. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. Research analysts predict that Molina Healthcare, Inc will post 5.03 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms recently commented on MOH. UBS Group set a $173.00 target price on Molina Healthcare in a research report on Friday, March 13th. The Goldman Sachs Group decreased their target price on Molina Healthcare from $167.00 to $124.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 11th. Morgan Stanley decreased their target price on Molina Healthcare from $158.00 to $128.00 and set an “equal weight” rating on the stock in a research report on Wednesday, March 4th. Cantor Fitzgerald decreased their target price on Molina Healthcare from $180.00 to $144.00 and set a “neutral” rating on the stock in a research report on Monday, February 9th. Finally, Wall Street Zen upgraded Molina Healthcare from a “strong sell” rating to a “sell” rating in a research report on Sunday. Two research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $169.21.

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.