Tredje AP fonden Acquires 5,424 Shares of Molina Healthcare, Inc $MOH

Tredje AP fonden raised its holdings in shares of Molina Healthcare, Inc (NYSE:MOH) by 119.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,968 shares of the company’s stock after buying an additional 5,424 shares during the quarter. Tredje AP fonden’s holdings in Molina Healthcare were worth $1,907,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Baird Financial Group Inc. acquired a new position in Molina Healthcare during the 1st quarter valued at $210,000. NewEdge Advisors LLC increased its holdings in shares of Molina Healthcare by 33.4% during the 1st quarter. NewEdge Advisors LLC now owns 1,106 shares of the company’s stock worth $364,000 after purchasing an additional 277 shares during the period. Jones Financial Companies Lllp raised its position in shares of Molina Healthcare by 713.3% during the first quarter. Jones Financial Companies Lllp now owns 1,651 shares of the company’s stock valued at $544,000 after buying an additional 1,448 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of Molina Healthcare by 19.4% in the first quarter. Goldman Sachs Group Inc. now owns 249,466 shares of the company’s stock valued at $82,172,000 after buying an additional 40,531 shares during the period. Finally, Woodline Partners LP acquired a new stake in Molina Healthcare during the first quarter worth about $1,541,000. Institutional investors and hedge funds own 98.50% of the company’s stock.

Molina Healthcare Stock Up 1.8%

MOH opened at $150.88 on Monday. The firm has a market cap of $7.77 billion, a price-to-earnings ratio of 17.63 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. The firm’s 50-day simple moving average is $169.15 and its 200-day simple moving average is $169.01. Molina Healthcare, Inc has a twelve month low of $121.06 and a twelve month high of $359.97.

Molina Healthcare (NYSE:MOH) last released its quarterly earnings results on Thursday, February 5th. The company reported ($2.75) EPS for the quarter, missing analysts’ consensus estimates of $0.43 by ($3.18). The firm had revenue of $11.38 billion during the quarter, compared to analyst estimates of $10.90 billion. Molina Healthcare had a net margin of 1.04% and a return on equity of 13.60%. Molina Healthcare’s quarterly revenue was up 8.3% on a year-over-year basis. During the same quarter last year, the firm earned $5.05 earnings per share. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. Equities research analysts anticipate that Molina Healthcare, Inc will post 24.4 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have commented on the company. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $224.00 price target on shares of Molina Healthcare in a report on Tuesday, January 6th. Barclays lowered their price objective on Molina Healthcare from $164.00 to $133.00 and set an “underweight” rating on the stock in a research report on Tuesday, February 10th. Jefferies Financial Group set a $160.00 target price on Molina Healthcare in a research note on Tuesday, December 16th. Deutsche Bank Aktiengesellschaft set a $109.00 price target on shares of Molina Healthcare in a research note on Tuesday, February 10th. Finally, The Goldman Sachs Group lowered their price target on shares of Molina Healthcare from $167.00 to $124.00 and set a “neutral” rating on the stock in a report on Wednesday, February 11th. Two research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $157.86.

Molina Healthcare 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.