Delta Global Management LP Makes New $2.67 Million Investment in Molina Healthcare, Inc $MOH

Delta Global Management LP purchased a new stake in Molina Healthcare, Inc (NYSE:MOH) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 13,955 shares of the company’s stock, valued at approximately $2,670,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Baird Financial Group Inc. bought a new position in Molina Healthcare during the first quarter worth about $210,000. NewEdge Advisors LLC raised its stake in Molina Healthcare by 33.4% in the first quarter. NewEdge Advisors LLC now owns 1,106 shares of the company’s stock valued at $364,000 after buying an additional 277 shares during the period. Jones Financial Companies Lllp raised its stake in Molina Healthcare by 713.3% in the first quarter. Jones Financial Companies Lllp now owns 1,651 shares of the company’s stock valued at $544,000 after buying an additional 1,448 shares during the period. Goldman Sachs Group Inc. lifted its position in shares of Molina Healthcare by 19.4% in the first quarter. Goldman Sachs Group Inc. now owns 249,466 shares of the company’s stock valued at $82,172,000 after buying an additional 40,531 shares during the last quarter. Finally, Woodline Partners LP acquired a new stake in shares of Molina Healthcare in the first quarter valued at approximately $1,541,000. Institutional investors own 98.50% of the company’s stock.

Molina Healthcare Stock Performance

NYSE:MOH opened at $149.08 on Monday. The stock has a 50 day simple moving average of $163.64 and a 200 day simple moving average of $167.05. The stock has a market cap of $7.68 billion, a P/E ratio of 17.42 and a beta of 0.52. Molina Healthcare, Inc has a 1-year low of $121.06 and a 1-year 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 data on Thursday, February 5th. The company reported ($2.75) EPS for the quarter, missing analysts’ consensus estimates of $0.43 by ($3.18). Molina Healthcare had a net margin of 1.04% and a return on equity of 13.60%. The firm had revenue of $11.38 billion during the quarter, compared to analyst estimates of $10.90 billion. During the same period in the prior year, the company earned $5.05 earnings per share. The business’s quarterly revenue was up 8.3% compared to the same quarter last year. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. Research analysts anticipate that Molina Healthcare, Inc will post 24.4 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Truist Financial decreased their target price on Molina Healthcare from $190.00 to $145.00 and set a “hold” rating on the stock in a report on Tuesday, February 17th. The Goldman Sachs Group reduced their price objective on shares of Molina Healthcare from $167.00 to $124.00 and set a “neutral” rating for the company in a research report on Wednesday, February 11th. UBS Group set a $173.00 price objective on shares of Molina Healthcare in a report on Friday. Weiss Ratings reissued a “sell (d+)” rating on shares of Molina Healthcare in a research report on Thursday, January 22nd. Finally, Sanford C. Bernstein restated an “outperform” rating on shares of Molina Healthcare in a research note on Friday. Two research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $169.21.

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.