Capital World Investors Decreases Stock Holdings in Molina Healthcare, Inc $MOH

Capital World Investors reduced its holdings in shares of Molina Healthcare, Inc (NYSE:MOH) by 2.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,167,169 shares of the company’s stock after selling 103,315 shares during the period. Capital World Investors owned about 9.53% of Molina Healthcare worth $988,790,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of MOH. Capital International Sarl raised its position in shares of Molina Healthcare by 20.2% during the third quarter. Capital International Sarl now owns 7,005 shares of the company’s stock valued at $1,340,000 after buying an additional 1,179 shares during the last quarter. Legal & General Group Plc lifted its stake in shares of Molina Healthcare by 10.0% during the 3rd quarter. Legal & General Group Plc now owns 350,231 shares of the company’s stock worth $67,020,000 after acquiring an additional 31,893 shares during the last quarter. Banque Cantonale Vaudoise boosted its position in Molina Healthcare by 462.4% in the 3rd quarter. Banque Cantonale Vaudoise now owns 4,392 shares of the company’s stock valued at $840,000 after buying an additional 3,611 shares during the period. B. Metzler seel. Sohn & Co. AG grew its stake in Molina Healthcare by 8.2% in the third quarter. B. Metzler seel. Sohn & Co. AG now owns 3,681 shares of the company’s stock worth $704,000 after purchasing an additional 278 shares in the last quarter. Finally, Parallel Advisors LLC increased its stake in shares of Molina Healthcare by 80.3% during the third quarter. Parallel Advisors LLC now owns 898 shares of the company’s stock valued at $172,000 after buying an additional 400 shares during the period. 98.50% of the stock is currently owned by institutional investors.

Molina Healthcare Stock Down 3.2%

Shares of MOH stock opened at $141.35 on Wednesday. Molina Healthcare, Inc has a twelve month low of $121.06 and a twelve month high of $359.97. The stock has a market cap of $7.28 billion, a P/E ratio of 16.51 and a beta of 0.52. The stock has a 50 day moving average of $165.24 and a 200 day moving average of $167.62. 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 data on Thursday, February 5th. The company reported ($2.75) EPS for the quarter, missing analysts’ consensus estimates of $0.43 by ($3.18). The firm had revenue of $11.38 billion for the quarter, compared to analyst estimates 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 period in the previous year, the business earned $5.05 EPS. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. As a group, sell-side analysts expect that Molina Healthcare, Inc will post 24.4 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have commented on MOH shares. Truist Financial reduced their target price on shares of Molina Healthcare from $190.00 to $145.00 and set a “hold” rating for the company in a report on Tuesday, February 17th. Cantor Fitzgerald lowered their price objective on shares of Molina Healthcare from $180.00 to $144.00 and set a “neutral” rating for the company in a research note on Monday, February 9th. Jefferies Financial Group set a $160.00 price objective on shares of Molina Healthcare in a report on Tuesday, December 16th. Barclays lowered their price target on Molina Healthcare from $164.00 to $133.00 and set an “underweight” rating for the company in a research report on Tuesday, February 10th. Finally, TD Cowen reduced their price objective on Molina Healthcare from $175.00 to $144.00 and set a “hold” rating for the company in a research note on Monday, February 9th. Two equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Molina Healthcare currently has a consensus rating of “Hold” and an average price target of $155.71.

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.