Calamos Wealth Management LLC Invests $294,000 in Molina Healthcare, Inc $MOH

Calamos Wealth Management LLC acquired a new position in Molina Healthcare, Inc (NYSE:MOHFree Report) during the first quarter, HoldingsChannel.com reports. The institutional investor acquired 2,208 shares of the company’s stock, valued at approximately $294,000.

A number of other large investors have also modified their holdings of the company. Torren Management LLC acquired a new stake in shares of Molina Healthcare in the fourth quarter valued at approximately $26,000. Miller Global Investments LLC acquired a new position in shares of Molina Healthcare during the fourth quarter worth approximately $27,000. Physician Wealth Advisors Inc. grew its holdings in Molina Healthcare by 1,250.0% in the 1st quarter. Physician Wealth Advisors Inc. now owns 216 shares of the company’s stock worth $29,000 after buying an additional 200 shares in the last quarter. Cromwell Holdings LLC grew its holdings in Molina Healthcare by 211.9% in the 4th quarter. Cromwell Holdings LLC now owns 184 shares of the company’s stock worth $32,000 after buying an additional 125 shares in the last quarter. Finally, Quarry LP bought a new position in Molina Healthcare in the 4th quarter worth approximately $32,000. Institutional investors and hedge funds own 98.50% of the company’s stock.

Wall Street Analyst Weigh In

MOH has been the topic of several recent analyst reports. Barclays cut their target price on Molina Healthcare from $199.00 to $184.00 and set an “underweight” rating on the stock in a research note on Wednesday, July 8th. Jefferies Financial Group set a $230.00 price target on Molina Healthcare in a research note on Tuesday. Mizuho set a $215.00 price target on Molina Healthcare in a report on Monday, June 8th. Morgan Stanley lifted their price objective on shares of Molina Healthcare from $146.00 to $167.00 and gave the company an “equal weight” rating in a research note on Thursday, June 4th. Finally, Sanford C. Bernstein set a $286.00 price objective on shares of Molina Healthcare in a report on Monday. Three research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Molina Healthcare has an average rating of “Hold” and a consensus target price of $207.06.

View Our Latest Research Report on Molina Healthcare

Molina Healthcare Price Performance

Shares of NYSE:MOH opened at $233.44 on Thursday. The stock has a market cap of $12.16 billion, a price-to-earnings ratio of 69.07 and a beta of 0.74. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.63 and a quick ratio of 1.63. Molina Healthcare, Inc has a 12 month low of $121.06 and a 12 month high of $244.89. The stock’s 50 day moving average price is $201.97 and its 200 day moving average price is $174.74.

Molina Healthcare (NYSE:MOHGet Free Report) last issued 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. 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 analyst estimates of $10.91 billion. During the same period last year, the company posted $6.08 EPS. The firm’s quarterly revenue was down 3.1% on a year-over-year basis. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. Equities research analysts anticipate that Molina Healthcare, Inc will post 5.23 earnings per share for the current fiscal year.

Insider Buying and Selling at Molina Healthcare

In other news, insider Jeff D. Barlow sold 17,811 shares of the company’s stock in a transaction 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 sale, the insider owned 67,175 shares in the company, valued at $12,502,611. This represents a 20.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CAO Maurice Hebert sold 600 shares of the firm’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $191.55, for a total value of $114,930.00. Following the transaction, the chief accounting officer directly owned 12,815 shares of the company’s stock, valued at $2,454,713.25. This represents a 4.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 1.44% of the company’s stock.

About Molina Healthcare

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Molina Healthcare (NYSE:MOH)

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