Larry Mathis Financial Planning LLC Purchases Shares of 2,244 Molina Healthcare, Inc $MOH

Larry Mathis Financial Planning LLC purchased a new position in shares of Molina Healthcare, Inc (NYSE:MOH) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 2,244 shares of the company’s stock, valued at approximately $299,000.

Several other large investors also recently modified their holdings of the stock. 7G Capital Management LLC acquired a new position in shares of Molina Healthcare during the 4th quarter valued at $1,735,000. BNP Paribas Financial Markets raised its holdings in shares of Molina Healthcare by 63.0% during the fourth quarter. BNP Paribas Financial Markets now owns 439,371 shares of the company’s stock valued at $76,248,000 after purchasing an additional 169,739 shares during the period. Assenagon Asset Management S.A. boosted its position in shares of Molina Healthcare by 241.2% during the 4th quarter. Assenagon Asset Management S.A. now owns 271,224 shares of the company’s stock worth $47,068,000 after purchasing an additional 191,731 shares in the last quarter. Victory Capital Management Inc. grew its stake in shares of Molina Healthcare by 344.3% in the 3rd quarter. Victory Capital Management Inc. now owns 963,526 shares of the company’s stock valued at $184,380,000 after buying an additional 746,639 shares during the period. Finally, Royce & Associates LP increased its position in Molina Healthcare by 31.1% in the 3rd quarter. Royce & Associates LP now owns 38,611 shares of the company’s stock valued at $7,389,000 after buying an additional 9,152 shares in the last quarter. Institutional investors and hedge funds own 98.50% of the company’s stock.

Analysts Set New Price Targets

MOH has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $129.00 price target on shares of Molina Healthcare in a report on Friday, April 24th. JPMorgan Chase & Co. increased their target price on Molina Healthcare from $169.00 to $191.00 and gave the stock a “neutral” rating in a report on Monday, June 8th. Royal Bank Of Canada initiated coverage on shares of Molina Healthcare in a research note on Tuesday. They set a “sector perform” rating and a $216.00 price target for the company. Truist Financial upped their price objective on shares of Molina Healthcare from $180.00 to $205.00 and gave the stock a “hold” rating in a report on Monday, May 11th. Finally, Barclays lifted their price objective on shares of Molina Healthcare from $161.00 to $199.00 and gave the company an “underweight” rating in a report on Tuesday, May 26th. Three equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $184.81.

Insider Activity

In other Molina Healthcare news, CAO Maurice Hebert sold 600 shares of Molina Healthcare stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $191.55, for a total transaction of $114,930.00. Following the transaction, the chief accounting officer 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Jeff D. Barlow sold 17,811 shares of the business’s 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 completion of the transaction, the insider owned 67,175 shares in the company, valued at $12,502,611. The trade was a 20.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.44% of the stock is currently owned by insiders.

Molina Healthcare Trading Up 6.4%

NYSE MOH opened at $229.81 on Friday. 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 business has a fifty day simple moving average of $186.48 and a 200 day simple moving average of $168.34. Molina Healthcare, Inc has a 12 month low of $121.06 and a 12 month high of $311.52. The firm has a market capitalization of $11.97 billion, a P/E ratio of 67.99 and a beta of 0.80.

Molina Healthcare (NYSE:MOH) last posted its quarterly earnings data on Wednesday, April 22nd. The company reported $2.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.57 by $0.78. Molina Healthcare had a net margin of 0.42% and a return on equity of 8.76%. The firm had revenue of $10.80 billion for the quarter, compared to the consensus estimate of $10.91 billion. During the same period in the previous year, the firm earned $6.08 EPS. The business’s revenue for the quarter was down 3.1% compared to the same quarter last year. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. On average, analysts predict that Molina Healthcare, Inc will post 5.23 EPS for the current fiscal year.

About Molina Healthcare

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.