SG Americas Securities LLC Acquires 24,015 Shares of Molina Healthcare, Inc $MOH

SG Americas Securities LLC grew its holdings in shares of Molina Healthcare, Inc (NYSE:MOH) by 27.5% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 111,235 shares of the company’s stock after purchasing an additional 24,015 shares during the period. SG Americas Securities LLC’s holdings in Molina Healthcare were worth $14,828,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Blue Trust Inc. raised its position in shares of Molina Healthcare by 23.8% in the fourth quarter. Blue Trust Inc. now owns 322 shares of the company’s stock valued at $56,000 after buying an additional 62 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted its stake in shares of Molina Healthcare by 64.5% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 232 shares of the company’s stock valued at $40,000 after buying an additional 91 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Molina Healthcare by 0.7% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 13,668 shares of the company’s stock worth $2,616,000 after buying an additional 92 shares in the last quarter. Public Employees Retirement System of Ohio grew its position in Molina Healthcare by 0.6% during the third quarter. Public Employees Retirement System of Ohio now owns 16,753 shares of the company’s stock worth $3,206,000 after buying an additional 104 shares in the last quarter. Finally, Brown Brothers Harriman & Co. increased its stake in Molina Healthcare by 96.1% during the 4th quarter. Brown Brothers Harriman & Co. now owns 249 shares of the company’s stock worth $43,000 after acquiring an additional 122 shares during the period. 98.50% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, CAO Maurice Hebert sold 600 shares of the company’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $191.55, for a total transaction of $114,930.00. Following the completion of the sale, the chief accounting officer directly owned 12,815 shares in the company, valued at $2,454,713.25. This represents a 4.47% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Jeff D. Barlow sold 17,811 shares of the firm’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $186.12, for a total value of $3,314,983.32. Following the completion of the sale, the insider directly owned 67,175 shares in the company, valued at $12,502,611. This trade represents a 20.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.44% of the stock is currently owned by insiders.

Molina Healthcare Stock Performance

Shares of NYSE:MOH opened at $216.52 on Friday. Molina Healthcare, Inc has a 1 year low of $121.06 and a 1 year high of $311.52. The stock has a market capitalization of $11.28 billion, a price-to-earnings ratio of 64.06 and a beta of 0.80. 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 company’s 50 day simple moving average is $184.83 and its 200 day simple moving average is $167.91.

Molina Healthcare (NYSE:MOH) last released its earnings results on Wednesday, April 22nd. The company reported $2.35 earnings per share for the quarter, topping the consensus estimate of $1.57 by $0.78. The firm had revenue of $10.80 billion during the quarter, compared to analysts’ expectations of $10.91 billion. Molina Healthcare had a return on equity of 8.76% and a net margin of 0.42%.The company’s quarterly revenue was down 3.1% on a year-over-year basis. During the same period in the prior year, the company earned $6.08 earnings per share. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. As a group, research analysts predict that Molina Healthcare, Inc will post 5.23 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have weighed in on MOH. Mizuho set a $215.00 price objective on Molina Healthcare in a report on Monday, June 8th. Morgan Stanley increased their target price on Molina Healthcare from $146.00 to $167.00 and gave the stock an “equal weight” rating in a report on Thursday, June 4th. Cantor Fitzgerald raised their price target on Molina Healthcare from $144.00 to $209.00 and gave the stock a “neutral” rating in a research report on Monday, May 11th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Molina Healthcare in a research note on Friday, March 13th. Finally, Barclays upped their price objective on shares of Molina Healthcare from $161.00 to $199.00 and gave the stock an “underweight” rating in a research report on Tuesday, May 26th. Three equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $184.81.

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.