Timber Creek Capital Management LLC Purchases Shares of 23,344 Molina Healthcare, Inc $MOH

Timber Creek Capital Management LLC purchased a new position in shares of Molina Healthcare, Inc (NYSE:MOHFree Report) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 23,344 shares of the company’s stock, valued at approximately $4,467,000.

Several other hedge funds also recently modified their holdings of MOH. NEOS Investment Management LLC raised its holdings in Molina Healthcare by 110.0% during the third quarter. NEOS Investment Management LLC now owns 1,693 shares of the company’s stock worth $324,000 after acquiring an additional 887 shares in the last quarter. GSA Capital Partners LLP acquired a new position in shares of Molina Healthcare during the 3rd quarter worth approximately $805,000. Rothschild Investment LLC raised its stake in shares of Molina Healthcare by 10,484.0% during the 3rd quarter. Rothschild Investment LLC now owns 2,646 shares of the company’s stock worth $506,000 after purchasing an additional 2,621 shares in the last quarter. Zions Bancorporation National Association UT raised its stake in shares of Molina Healthcare by 466.3% during the 3rd quarter. Zions Bancorporation National Association UT now owns 1,093 shares of the company’s stock worth $209,000 after purchasing an additional 900 shares in the last quarter. Finally, Pallas Capital Advisors LLC boosted its holdings in shares of Molina Healthcare by 105.6% in the 3rd quarter. Pallas Capital Advisors LLC now owns 12,431 shares of the company’s stock valued at $2,379,000 after buying an additional 6,384 shares during the last quarter. Institutional investors own 98.50% of the company’s stock.

Insider Transactions at Molina Healthcare

In other Molina Healthcare news, Director Richard M. Schapiro sold 357 shares of the stock in a transaction on Monday, November 24th. The stock was sold at an average price of $143.02, for a total transaction of $51,058.14. Following the transaction, the director owned 11,352 shares in the company, valued at $1,623,563.04. This trade represents a 3.05% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.26% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

MOH has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft set a $109.00 price target on shares of Molina Healthcare in a research report on Tuesday, February 10th. Barclays lowered their price objective on shares of Molina Healthcare from $164.00 to $133.00 and set an “underweight” rating on the stock in a research note on Tuesday, February 10th. Truist Financial set a $175.00 target price on shares of Molina Healthcare in a research note on Friday, October 24th. Wells Fargo & Company boosted their price target on Molina Healthcare from $165.00 to $208.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 7th. Finally, Mizuho set a $220.00 price objective on Molina Healthcare in a research note on Friday, January 9th. Three investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $164.79.

Get Our Latest Report on Molina Healthcare

Molina Healthcare Stock Up 6.7%

Shares of MOH opened at $135.20 on Tuesday. The firm has a market cap of $6.96 billion, a P/E ratio of 15.79 and a beta of 0.49. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.69 and a current ratio of 1.69. Molina Healthcare, Inc has a 52 week low of $121.06 and a 52 week high of $359.97. The firm’s 50-day simple moving average is $170.68 and its 200 day simple moving average is $169.32.

Molina Healthcare (NYSE:MOHGet Free Report) 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 return on equity of 13.60% and a net margin of 1.04%.The firm had revenue of $11.38 billion for the quarter, compared to the consensus estimate of $10.90 billion. During the same quarter in the prior year, the firm earned $5.05 EPS. The company’s revenue was up 8.3% on a year-over-year basis. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. On average, analysts forecast that Molina Healthcare, Inc will post 24.4 earnings per share for the current year.

Molina Healthcare Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Molina Healthcare (NYSE:MOH)

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