Mitsubishi UFJ Asset Management Co. Ltd. Sells 46,531 Shares of Molina Healthcare, Inc $MOH

Mitsubishi UFJ Asset Management Co. Ltd. reduced its holdings in shares of Molina Healthcare, Inc (NYSE:MOH) by 43.6% in the fourth quarter, Holdings Channel reports. The institutional investor owned 60,212 shares of the company’s stock after selling 46,531 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Molina Healthcare were worth $10,745,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in MOH. Blue Trust Inc. grew its position in shares of Molina Healthcare by 23.8% during the 4th quarter. Blue Trust Inc. now owns 322 shares of the company’s stock valued at $56,000 after acquiring an additional 62 shares during the period. Applied Finance Capital Management LLC grew its holdings in Molina Healthcare by 5.7% during the third quarter. Applied Finance Capital Management LLC now owns 1,408 shares of the company’s stock valued at $269,000 after purchasing an additional 76 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Molina Healthcare by 0.7% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 13,668 shares of the company’s stock worth $2,616,000 after buying an additional 92 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. increased its position in Molina Healthcare by 5.0% in the third quarter. Tokio Marine Asset Management Co. Ltd. now owns 2,025 shares of the company’s stock worth $388,000 after buying an additional 96 shares in the last quarter. Finally, Public Employees Retirement System of Ohio raised its stake in shares of Molina Healthcare by 0.6% in the third quarter. Public Employees Retirement System of Ohio now owns 16,753 shares of the company’s stock worth $3,206,000 after buying an additional 104 shares during the period. 98.50% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $129.00 price objective on shares of Molina Healthcare in a research note on Friday, April 24th. Bank of America upgraded shares of Molina Healthcare from an “underperform” rating to a “buy” rating and set a $250.00 target price on the stock in a research note on Wednesday, April 29th. Cantor Fitzgerald lowered their price objective on Molina Healthcare from $180.00 to $144.00 and set a “neutral” rating on the stock in a research report on Monday, February 9th. The Goldman Sachs Group dropped their price objective on Molina Healthcare from $167.00 to $124.00 and set a “neutral” rating for the company in a research note on Wednesday, February 11th. Finally, Truist Financial increased their target price on Molina Healthcare from $145.00 to $180.00 and gave the stock a “hold” rating in a research report on Monday, April 27th. Three equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Molina Healthcare currently has a consensus rating of “Hold” and an average target price of $169.60.

Molina Healthcare Price Performance

Shares of NYSE:MOH opened at $186.07 on Monday. The firm has a market cap of $9.69 billion, a price-to-earnings ratio of 55.05 and a beta of 0.85. The firm has a fifty day moving average price of $152.32 and a 200 day moving average price of $158.52. Molina Healthcare, Inc has a fifty-two week low of $121.06 and a fifty-two week high of $333.00. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.63 and a current ratio of 1.63.

Molina Healthcare (NYSE:MOH) last announced its quarterly earnings results on Wednesday, April 22nd. The company reported $2.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.57 by $0.78. The company had revenue of $10.80 billion for the quarter, compared to the consensus estimate of $10.91 billion. Molina Healthcare had a net margin of 0.42% and a return on equity of 8.76%. Molina Healthcare’s revenue for the quarter was down 3.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $6.08 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 5.21 earnings per share for the current fiscal year.

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.