BNP Paribas Financial Markets Raises Position in Molina Healthcare, Inc $MOH

BNP Paribas Financial Markets raised its holdings in Molina Healthcare, Inc (NYSE:MOH) by 63.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 439,371 shares of the company’s stock after acquiring an additional 169,739 shares during the quarter. BNP Paribas Financial Markets’ holdings in Molina Healthcare were worth $76,248,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Torren Management LLC acquired a new stake in shares of Molina Healthcare in the 4th quarter valued at $26,000. Miller Global Investments LLC acquired a new stake in shares of Molina Healthcare in the 4th quarter valued at $27,000. MUFG Securities EMEA plc acquired a new stake in shares of Molina Healthcare in the 2nd quarter valued at $48,000. Cromwell Holdings LLC raised its holdings in shares of Molina Healthcare by 211.9% in the 4th quarter. Cromwell Holdings LLC now owns 184 shares of the company’s stock valued at $32,000 after purchasing an additional 125 shares in the last quarter. Finally, Rakuten Securities Inc. raised its holdings in shares of Molina Healthcare by 5,020.0% in the 4th quarter. Rakuten Securities Inc. now owns 256 shares of the company’s stock valued at $44,000 after purchasing an additional 251 shares in the last quarter. Hedge funds and other institutional investors own 98.50% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on MOH shares. Truist Financial lifted their price target on shares of Molina Healthcare from $180.00 to $205.00 and gave the stock a “hold” rating in a research note on Monday, May 11th. UBS Group lifted their price target on shares of Molina Healthcare from $180.00 to $202.00 and gave the stock a “neutral” rating in a research note on Friday, May 22nd. TD Cowen cut their price target on shares of Molina Healthcare from $175.00 to $144.00 and set a “hold” rating on the stock in a research note on Monday, February 9th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Molina Healthcare in a research note on Tuesday, April 21st. Finally, Sanford C. Bernstein reiterated an “outperform” rating on shares of Molina Healthcare in a research note on Friday, March 13th. Three investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $178.53.

Insider Activity

In other news, CAO Maurice Hebert sold 600 shares of Molina Healthcare stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $191.55, for a total value of $114,930.00. Following the sale, the chief accounting officer owned 12,815 shares of the company’s stock, valued at $2,454,713.25. The trade was a 4.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Jeff D. Barlow sold 17,811 shares of Molina Healthcare stock in a transaction dated 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 sale, the insider directly owned 67,175 shares in the company, valued at approximately $12,502,611. The trade was a 20.96% decrease in their position. The SEC filing for this sale provides additional information. 1.44% of the stock is owned by insiders.

Molina Healthcare Stock Up 5.3%

Shares of NYSE:MOH opened at $182.82 on Tuesday. The company has a market cap of $9.52 billion, a price-to-earnings ratio of 54.09 and a beta of 0.80. The firm’s 50-day simple moving average is $164.58 and its 200-day simple moving average is $161.21. The company has a quick ratio of 1.63, a current ratio of 1.63 and a debt-to-equity ratio of 0.97. Molina Healthcare, Inc has a fifty-two week low of $121.06 and a fifty-two week high of $311.52.

Molina Healthcare (NYSE:MOH) last issued its earnings results on Wednesday, April 22nd. The company reported $2.35 earnings per share for the quarter, beating the consensus estimate of $1.57 by $0.78. The business had revenue of $10.80 billion for 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 business’s quarterly revenue was down 3.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $6.08 earnings per share. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. As a group, equities research analysts predict that Molina Healthcare, Inc will post 5.23 earnings per share for the current year.

About Molina Healthcare

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.