Molina Healthcare, Inc $MOH Shares Bought by Aberdeen Group plc

Aberdeen Group plc grew its holdings in Molina Healthcare, Inc (NYSE:MOH) by 109.4% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 135,566 shares of the company’s stock after buying an additional 70,840 shares during the period. Aberdeen Group plc’s holdings in Molina Healthcare were worth $26,157,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. DDD Partners LLC acquired a new stake in shares of Molina Healthcare during the 3rd quarter worth about $1,743,000. Assetmark Inc. increased its position in shares of Molina Healthcare by 67.2% during the third quarter. Assetmark Inc. now owns 9,780 shares of the company’s stock valued at $1,872,000 after acquiring an additional 3,931 shares during the last quarter. Public Sector Pension Investment Board increased its position in shares of Molina Healthcare by 17.6% during the third quarter. Public Sector Pension Investment Board now owns 4,780 shares of the company’s stock valued at $915,000 after acquiring an additional 716 shares during the last quarter. Cornerstone Investment Partners LLC raised its stake in shares of Molina Healthcare by 43.9% in the 3rd quarter. Cornerstone Investment Partners LLC now owns 1,817 shares of the company’s stock valued at $348,000 after acquiring an additional 554 shares during the period. Finally, Savvy Advisors Inc. acquired a new position in shares of Molina Healthcare in the 3rd quarter worth approximately $237,000. 98.50% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts recently weighed in on MOH shares. Wall Street Zen downgraded shares of Molina Healthcare from a “hold” rating to a “sell” rating in a report on Saturday, October 25th. Mizuho set a $220.00 price target on Molina Healthcare in a research report on Friday, January 9th. UBS Group reiterated a “neutral” rating and issued a $145.00 price objective on shares of Molina Healthcare in a report on Monday, February 9th. Weiss Ratings reissued a “sell (d+)” rating on shares of Molina Healthcare in a research note on Thursday, January 22nd. Finally, Wells Fargo & Company raised their target price on Molina Healthcare from $165.00 to $208.00 and gave the company an “overweight” rating in a report on Wednesday, January 7th. Three research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $162.64.

Molina Healthcare Stock Up 0.1%

Shares of NYSE MOH opened at $135.42 on Wednesday. The stock has a market cap of $6.97 billion, a P/E ratio of 15.82 and a beta of 0.49. The business’s fifty day simple moving average is $170.25 and its 200-day simple moving average is $169.18. Molina Healthcare, Inc has a 12-month low of $121.06 and a 12-month high of $359.97. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 0.97.

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

Insiders Place Their Bets

In other Molina Healthcare news, Director Richard M. Schapiro sold 357 shares of the business’s stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $143.02, for a total transaction of $51,058.14. Following the completion of the transaction, the director owned 11,352 shares in the company, valued at $1,623,563.04. The trade was a 3.05% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 1.26% of the stock is currently owned by company insiders.

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.