Molina Healthcare, Inc $MOH is Investment Management Associates Inc. ADV’s 2nd Largest Position

Investment Management Associates Inc. ADV grew its stake in shares of Molina Healthcare, Inc (NYSE:MOH) by 113.2% in the fourth quarter, HoldingsChannel.com reports. The firm owned 225,536 shares of the company’s stock after buying an additional 119,749 shares during the quarter. Molina Healthcare comprises approximately 10.8% of Investment Management Associates Inc. ADV’s holdings, making the stock its 2nd largest holding. Investment Management Associates Inc. ADV’s holdings in Molina Healthcare were worth $39,140,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in MOH. AQR Capital Management LLC boosted its stake in shares of Molina Healthcare by 217.0% during the third quarter. AQR Capital Management LLC now owns 2,934,130 shares of the company’s stock valued at $561,475,000 after purchasing an additional 2,008,458 shares during the period. Victory Capital Management Inc. boosted its stake in shares of Molina Healthcare by 344.3% during the third quarter. Victory Capital Management Inc. now owns 963,526 shares of the company’s stock valued at $184,380,000 after purchasing an additional 746,639 shares during the period. UBS Group AG boosted its stake in shares of Molina Healthcare by 320.7% during the third quarter. UBS Group AG now owns 603,934 shares of the company’s stock valued at $115,569,000 after purchasing an additional 460,372 shares during the period. Rakuten Investment Management Inc. purchased a new stake in shares of Molina Healthcare during the third quarter valued at approximately $56,592,000. Finally, Viking Global Investors LP purchased a new stake in shares of Molina Healthcare during the second quarter valued at approximately $79,665,000. Hedge funds and other institutional investors own 98.50% of the company’s stock.

Molina Healthcare Price Performance

Shares of NYSE:MOH opened at $186.07 on Friday. Molina Healthcare, Inc has a 1-year low of $121.06 and a 1-year high of $333.00. 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 business has a fifty day moving average price of $152.32 and a 200-day moving average price of $158.52. The company has a market capitalization of $9.69 billion, a PE ratio of 55.05 and a beta of 0.85.

Molina Healthcare (NYSE:MOH) last issued its quarterly 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 return on equity of 8.76% and a net margin of 0.42%.The firm had revenue of $10.80 billion during the quarter, compared to the consensus estimate of $10.91 billion. During the same period last year, the company earned $6.08 earnings per share. The company’s 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 analysts expect that Molina Healthcare, Inc will post 5.21 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

MOH has been the subject of a number of analyst reports. Cantor Fitzgerald dropped their price objective on Molina Healthcare from $180.00 to $144.00 and set a “neutral” rating for the company in a research note on Monday, February 9th. UBS Group raised their price target on Molina Healthcare from $151.00 to $180.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Molina Healthcare in a research note on Friday, March 13th. Wall Street Zen raised Molina Healthcare from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. Finally, Wells Fargo & Company raised their price target on Molina Healthcare from $141.00 to $159.00 and gave the stock an “equal weight” rating in a research note on Monday, April 27th. Three analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $169.60.

Molina Healthcare 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.