Molina Healthcare, Inc $MOH Stake Boosted by New York Life Investment Management LLC

New York Life Investment Management LLC increased its stake in shares of Molina Healthcare, Inc (NYSE:MOH) by 65.5% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 12,035 shares of the company’s stock after acquiring an additional 4,762 shares during the period. New York Life Investment Management LLC’s holdings in Molina Healthcare were worth $2,089,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently added to or reduced their stakes in the stock. New York State Common Retirement Fund raised its holdings in shares of Molina Healthcare by 35.9% during the third quarter. New York State Common Retirement Fund now owns 139,557 shares of the company’s stock valued at $26,706,000 after buying an additional 36,831 shares during the last quarter. CenterBook Partners LP grew its holdings in Molina Healthcare by 359.7% in the 3rd quarter. CenterBook Partners LP now owns 20,409 shares of the company’s stock worth $3,905,000 after buying an additional 15,969 shares in the last quarter. Fiera Capital Corp increased its position in Molina Healthcare by 68.8% in the 3rd quarter. Fiera Capital Corp now owns 241,581 shares of the company’s stock valued at $46,229,000 after acquiring an additional 98,431 shares during the period. DDD Partners LLC bought a new stake in Molina Healthcare during the 3rd quarter valued at $1,743,000. Finally, Timber Creek Capital Management LLC bought a new stake in Molina Healthcare during the 3rd quarter valued at $4,467,000. 98.50% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the stock. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Molina Healthcare in a report on Friday, March 13th. Weiss Ratings restated a “sell (d+)” rating on shares of Molina Healthcare in a research report on Tuesday, April 21st. Morgan Stanley upped their price target on shares of Molina Healthcare from $128.00 to $146.00 and gave the stock an “equal weight” rating in a research note on Friday, April 24th. Wells Fargo & Company increased their price objective on shares of Molina Healthcare from $141.00 to $159.00 and gave the company an “equal weight” rating in a report on Monday, April 27th. Finally, UBS Group boosted their price objective on Molina Healthcare from $151.00 to $180.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. Three investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $174.53.

Insider Activity at Molina Healthcare

In other news, insider Jeff D. Barlow sold 17,811 shares of the company’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $186.12, for a total transaction of $3,314,983.32. Following the completion of the sale, the insider owned 67,175 shares in the company, valued at approximately $12,502,611. This represents a 20.96% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CAO Maurice Hebert sold 600 shares of the stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $191.55, for a total value of $114,930.00. Following the transaction, the chief accounting officer owned 12,815 shares in the company, valued at approximately $2,454,713.25. This trade represents a 4.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.44% of the company’s stock.

Molina Healthcare Stock Down 0.0%

MOH stock opened at $184.94 on Tuesday. 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 capitalization of $9.64 billion, a P/E ratio of 54.72 and a beta of 0.85. Molina Healthcare, Inc has a 52-week low of $121.06 and a 52-week high of $327.68. The company’s 50 day simple moving average is $157.69 and its 200-day simple moving average is $159.04.

Molina Healthcare (NYSE:MOH) last announced its quarterly earnings data on Wednesday, April 22nd. The company reported $2.35 EPS for the quarter, topping analysts’ consensus estimates of $1.57 by $0.78. The firm had revenue of $10.80 billion during the quarter, compared to analyst estimates of $10.91 billion. Molina Healthcare had a return on equity of 8.76% and a net margin of 0.42%.The business’s quarterly revenue was down 3.1% compared to the same quarter last year. During the same period last year, the company posted $6.08 EPS. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. As a group, equities research analysts anticipate that Molina Healthcare, Inc will post 5.23 EPS for the current year.

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.