Teachers Retirement System of The State of Kentucky Acquires 4,000 Shares of Molina Healthcare, Inc $MOH

Teachers Retirement System of The State of Kentucky lifted its holdings in shares of Molina Healthcare, Inc (NYSE:MOH) by 90.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,411 shares of the company’s stock after buying an additional 4,000 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in Molina Healthcare were worth $1,121,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Baird Financial Group Inc. acquired a new stake in shares of Molina Healthcare in the first quarter valued at about $210,000. NewEdge Advisors LLC boosted its position in Molina Healthcare by 33.4% during the first quarter. NewEdge Advisors LLC now owns 1,106 shares of the company’s stock valued at $364,000 after purchasing an additional 277 shares during the last quarter. Jones Financial Companies Lllp boosted its position in Molina Healthcare by 713.3% during the first quarter. Jones Financial Companies Lllp now owns 1,651 shares of the company’s stock valued at $544,000 after purchasing an additional 1,448 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in Molina Healthcare by 19.4% in the first quarter. Goldman Sachs Group Inc. now owns 249,466 shares of the company’s stock valued at $82,172,000 after purchasing an additional 40,531 shares in the last quarter. Finally, Woodline Partners LP bought a new position in Molina Healthcare in the first quarter valued at approximately $1,541,000. Institutional investors own 98.50% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the company. Wells Fargo & Company upped their price objective on Molina Healthcare from $159.00 to $235.00 and gave the stock an “equal weight” rating in a research note on Monday. Morgan Stanley raised their target price 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. Zacks Research upgraded shares of Molina Healthcare from a “strong sell” rating to a “hold” rating in a report on Monday, April 20th. Royal Bank Of Canada upped their price target on shares of Molina Healthcare from $216.00 to $248.00 and gave the stock a “sector perform” rating in a research report on Thursday, July 9th. Finally, Wall Street Zen upgraded shares of Molina Healthcare from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. Three equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $207.06.

Insider Transactions at Molina Healthcare

In related news, insider Jeff D. Barlow sold 17,811 shares of Molina Healthcare stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $186.12, for a total transaction of $3,314,983.32. Following the completion of the sale, the insider owned 67,175 shares of the company’s stock, valued at approximately $12,502,611. The trade was a 20.96% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO Maurice Hebert sold 600 shares of the company’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $191.55, for a total transaction of $114,930.00. Following the completion of the transaction, the chief accounting officer owned 12,815 shares in the company, valued at approximately $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. Company insiders own 1.44% of the company’s stock.

Molina Healthcare Stock Down 3.4%

MOH opened at $233.44 on Thursday. The stock’s fifty day simple moving average is $201.97 and its 200 day simple moving average is $174.74. Molina Healthcare, Inc has a 1-year low of $121.06 and a 1-year high of $244.89. The stock has a market cap of $12.16 billion, a PE ratio of 69.07 and a beta of 0.74. The company has a current ratio of 1.63, a quick ratio of 1.63 and a debt-to-equity ratio of 0.97.

Molina Healthcare (NYSE:MOH) last released its quarterly earnings data on Wednesday, April 22nd. The company reported $2.35 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 during the quarter, compared to analysts’ expectations of $10.91 billion. During the same period in the previous year, the business posted $6.08 earnings per share. The company’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. As a group, research analysts expect that Molina Healthcare, Inc will post 5.23 earnings per share for the current year.

Molina Healthcare Company 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.