Clear Harbor Asset Management LLC Makes New $973,000 Investment in Molina Healthcare, Inc $MOH

Clear Harbor Asset Management LLC purchased a new stake in Molina Healthcare, Inc (NYSE:MOH) during the fourth quarter, HoldingsChannel.com reports. The firm purchased 5,608 shares of the company’s stock, valued at approximately $973,000.

Other hedge funds also recently made changes to their positions in the company. Torren Management LLC acquired a new position in shares of Molina Healthcare in the 4th quarter valued at $26,000. Miller Global Investments LLC acquired a new position in shares of Molina Healthcare in the 4th quarter valued at $27,000. MUFG Securities EMEA plc acquired a new position in shares of Molina Healthcare in the 2nd quarter valued at $48,000. Cromwell Holdings LLC boosted 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 during the last quarter. Finally, Rakuten Securities Inc. boosted 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 during the last quarter. Institutional investors and hedge funds own 98.50% of the company’s stock.

Insider Buying and Selling at Molina Healthcare

In related news, insider Jeff D. Barlow sold 17,811 shares of Molina Healthcare stock in a transaction on 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 sale, the insider owned 67,175 shares of the company’s stock, valued at $12,502,611. The trade was a 20.96% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO Maurice Hebert sold 600 shares of Molina Healthcare 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 sale, the chief accounting officer directly owned 12,815 shares in the company, valued at $2,454,713.25. This trade represents a 4.47% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 1.44% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. Barclays lifted their price target on shares of Molina Healthcare from $161.00 to $199.00 and gave the company an “underweight” rating in a report on Tuesday, May 26th. Wall Street Zen upgraded shares of Molina Healthcare from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Zacks Research upgraded shares of Molina Healthcare from a “strong sell” rating to a “hold” rating in a report on Monday, April 20th. Morgan Stanley lifted their price target on shares of Molina Healthcare from $128.00 to $146.00 and gave the company an “equal weight” rating in a report on Friday, April 24th. Finally, Cantor Fitzgerald lifted their price target on shares of Molina Healthcare from $144.00 to $209.00 and gave the company a “neutral” rating in a report on Monday, May 11th. 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 stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $178.53.

Molina Healthcare Stock Performance

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

Molina Healthcare (NYSE:MOH) last posted 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. Molina Healthcare had a net margin of 0.42% and a return on equity of 8.76%. The business had revenue of $10.80 billion for the quarter, compared to analyst estimates of $10.91 billion. During the same quarter in the previous year, the business posted $6.08 EPS. The business’s quarterly revenue was down 3.1% on a year-over-year basis. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. As a group, equities research analysts expect that Molina Healthcare, Inc will post 5.23 earnings per share for the current fiscal 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.