Wealthfront Advisers LLC lowered its stake in Molina Healthcare, Inc (NYSE:MOH – Free Report) by 93.1% during the first quarter, Holdings Channel.com reports. The fund owned 3,942 shares of the company’s stock after selling 53,156 shares during the quarter. Wealthfront Advisers LLC’s holdings in Molina Healthcare were worth $525,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp grew its position in shares of Molina Healthcare by 25.2% in the first quarter. Bank of New York Mellon Corp now owns 329,280 shares of the company’s stock valued at $43,893,000 after purchasing an additional 66,350 shares during the period. Blackhawk Capital Partners LLC raised its position in shares of Molina Healthcare by 95.2% during the 1st quarter. Blackhawk Capital Partners LLC now owns 5,351 shares of the company’s stock worth $713,000 after purchasing an additional 2,610 shares during the last quarter. Sanctuary Advisors LLC raised its position in shares of Molina Healthcare by 99.2% during the 1st quarter. Sanctuary Advisors LLC now owns 3,053 shares of the company’s stock worth $407,000 after purchasing an additional 1,520 shares during the last quarter. Maryland State Retirement & Pension System increased its stake in Molina Healthcare by 283.5% during the 1st quarter. Maryland State Retirement & Pension System now owns 10,163 shares of the company’s stock worth $1,355,000 after buying an additional 7,513 shares in the last quarter. Finally, Calamos Wealth Management LLC purchased a new stake in Molina Healthcare during the 1st quarter worth approximately $294,000. Hedge funds and other institutional investors own 98.50% of the company’s stock.
Key Molina Healthcare News
Here are the key news stories impacting Molina Healthcare this week:
- Positive Sentiment: Molina reported Q2 earnings of $1.51 per share, topping Wall Street estimates, and revenue of $10.87 billion was also slightly ahead of expectations. Molina Healthcare (NYSE:MOH) posts Q2 CY2026 sales in line with estimates but stock drops on weak guidance
- Positive Sentiment: The company raised its annual profit forecast as Medicaid trends stabilized, which suggests some improvement in its core government-backed membership business. Molina Healthcare lifts annual profit forecast as Medicaid stabilizes
- Neutral Sentiment: Quarterly results also showed lower year-over-year profit and revenue, reflecting pressure from declining membership and higher medical care costs, which tempers the upbeat earnings beat. Molina Healthcare Posts Lower Profit, Revenue as Membership Declines
- Negative Sentiment: Investors appear concerned that weaker Obamacare/exchange performance and cautious forward guidance could offset the earnings beat, contributing to the stock’s decline today. Molina’s profit forecast lift overshadowed by Obamacare weakness
Molina Healthcare Stock Performance
Molina Healthcare (NYSE:MOH – Get Free Report) last issued its earnings results on Wednesday, July 22nd. The company reported $1.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.39 by $0.12. Molina Healthcare had a return on equity of 8.76% and a net margin of 0.42%.The business had revenue of $10.87 billion during the quarter, compared to the consensus estimate of $10.83 billion. During the same period last year, the company earned $5.48 EPS. The company’s revenue for the quarter was down 4.8% on a year-over-year basis. On average, research analysts anticipate that Molina Healthcare, Inc will post 5.23 earnings per share for the current year.
Analysts Set New Price Targets
MOH has been the topic of several research reports. Weiss Ratings upgraded Molina Healthcare from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, June 25th. Mizuho set a $215.00 price target on Molina Healthcare in a research report on Monday, June 8th. JPMorgan Chase & Co. increased their price objective on Molina Healthcare from $169.00 to $191.00 and gave the company a “neutral” rating in a research note on Monday, June 8th. Barclays decreased their price objective on Molina Healthcare from $199.00 to $184.00 and set an “underweight” rating on the stock in a report on Wednesday, July 8th. Finally, Cantor Fitzgerald lifted their target price on shares of Molina Healthcare from $144.00 to $209.00 and gave the stock a “neutral” rating in a research note on Monday, May 11th. Three analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $207.06.
Check Out Our Latest Report on Molina Healthcare
Insider Activity
In other Molina Healthcare news, insider Jeff D. Barlow sold 17,811 shares of the business’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $186.12, for a total value of $3,314,983.32. Following the transaction, the insider directly owned 67,175 shares in the company, valued at $12,502,611. The trade was a 20.96% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO Maurice Hebert sold 600 shares of the business’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 $2,454,713.25. The trade was a 4.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.44% of the stock is currently owned by company insiders.
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.
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