Hsbc Holdings PLC Has $33.69 Million Position in Molina Healthcare, Inc $MOH

Hsbc Holdings PLC raised its stake in Molina Healthcare, Inc (NYSE:MOH) by 54.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 193,104 shares of the company’s stock after buying an additional 68,448 shares during the period. Hsbc Holdings PLC’s holdings in Molina Healthcare were worth $33,687,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Caitong International Asset Management Co. Ltd boosted its holdings in Molina Healthcare by 64.5% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 232 shares of the company’s stock valued at $40,000 after acquiring an additional 91 shares during the last quarter. T. Rowe Price Investment Management Inc. raised its holdings in Molina Healthcare by 10.2% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,171,433 shares of the company’s stock worth $376,831,000 after purchasing an additional 201,772 shares during the last quarter. Invesco Ltd. lifted its position in shares of Molina Healthcare by 24.2% in the 4th quarter. Invesco Ltd. now owns 1,690,981 shares of the company’s stock worth $293,453,000 after purchasing an additional 329,679 shares during the period. Corient Private Wealth LLC lifted its position in shares of Molina Healthcare by 38.9% in the 4th quarter. Corient Private Wealth LLC now owns 10,220 shares of the company’s stock worth $1,654,000 after purchasing an additional 2,864 shares during the period. Finally, Alberta Investment Management Corp bought a new stake in shares of Molina Healthcare in the 4th quarter valued at $1,562,000. Institutional investors and hedge funds own 98.50% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on MOH. Barclays increased their price objective on shares of Molina Healthcare from $161.00 to $199.00 and gave the stock an “underweight” rating in a research report on Tuesday, May 26th. Cantor Fitzgerald upped their price target on shares of Molina Healthcare from $144.00 to $209.00 and gave the company a “neutral” rating in a research report on Monday, May 11th. Wall Street Zen upgraded Molina Healthcare from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Wells Fargo & Company increased their price target on Molina Healthcare from $141.00 to $159.00 and gave the stock an “equal weight” rating in a report on Monday, April 27th. Finally, Royal Bank Of Canada began coverage on Molina Healthcare in a research report on Tuesday. They issued a “sector perform” rating and a $216.00 price objective for the company. Three investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $184.81.

Molina Healthcare Trading Down 0.6%

NYSE:MOH opened at $196.18 on Wednesday. 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 stock has a market capitalization of $10.22 billion, a price-to-earnings ratio of 58.04 and a beta of 0.80. The firm has a fifty day simple moving average of $182.41 and a two-hundred day simple moving average of $167.09. Molina Healthcare, Inc has a 12 month low of $121.06 and a 12 month high of $311.52.

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

Insider Buying and Selling

In other Molina Healthcare news, insider Jeff D. Barlow sold 17,811 shares of the stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $186.12, for a total value of $3,314,983.32. Following the transaction, the insider owned 67,175 shares in the company, valued at approximately $12,502,611. This represents a 20.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Maurice Hebert sold 600 shares of the firm’s stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $191.55, for a total value of $114,930.00. Following the completion of the sale, the chief accounting officer directly owned 12,815 shares of the company’s stock, valued at $2,454,713.25. This trade represents a 4.47% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.44% of the stock is currently owned by corporate insiders.

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.