Nisa Investment Advisors LLC Acquires 3,443 Shares of Molina Healthcare, Inc $MOH

Nisa Investment Advisors LLC boosted its holdings in shares of Molina Healthcare, Inc (NYSE:MOH) by 41.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,786 shares of the company’s stock after buying an additional 3,443 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Molina Healthcare were worth $2,255,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Invesco Ltd. raised its stake in shares of Molina Healthcare by 25.9% in the 2nd quarter. Invesco Ltd. now owns 1,601,574 shares of the company’s stock valued at $477,109,000 after acquiring an additional 329,759 shares in the last quarter. AQR Capital Management LLC raised its position in shares of Molina Healthcare by 4.6% in the second quarter. AQR Capital Management LLC now owns 925,672 shares of the company’s stock valued at $273,096,000 after purchasing an additional 40,714 shares during the period. Norges Bank acquired a new stake in shares of Molina Healthcare in the second quarter worth $212,113,000. Charles Schwab Investment Management Inc. boosted its holdings in shares of Molina Healthcare by 0.8% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 419,457 shares of the company’s stock worth $124,956,000 after buying an additional 3,216 shares during the period. Finally, Bank of New York Mellon Corp grew its stake in Molina Healthcare by 8.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 364,716 shares of the company’s stock valued at $108,649,000 after buying an additional 28,562 shares during the last quarter. Institutional investors and hedge funds own 98.50% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on MOH. Weiss Ratings reissued a “sell (d+)” rating on shares of Molina Healthcare in a research report on Wednesday, October 8th. Deutsche Bank Aktiengesellschaft set a $165.00 target price on Molina Healthcare in a research note on Friday, October 24th. Barclays upped their price target on Molina Healthcare from $144.00 to $164.00 and gave the stock an “underweight” rating in a report on Monday, January 5th. Wells Fargo & Company raised their price objective on shares of Molina Healthcare from $165.00 to $208.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 7th. Finally, Wall Street Zen downgraded shares of Molina Healthcare from a “hold” rating to a “sell” rating in a report on Saturday, October 25th. Three analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Molina Healthcare has an average rating of “Hold” and a consensus target price of $193.47.

Insiders Place Their Bets

In other Molina Healthcare news, Director Richard M. Schapiro sold 357 shares of the business’s stock in a transaction on Monday, November 24th. The stock was sold at an average price of $143.02, for a total value of $51,058.14. Following the transaction, the director owned 11,352 shares of the company’s stock, valued at approximately $1,623,563.04. The trade was a 3.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.26% of the stock is owned by corporate insiders.

Molina Healthcare Trading Down 0.5%

Shares of MOH stock opened at $180.92 on Wednesday. The stock has a market cap of $9.81 billion, a price-to-earnings ratio of 11.20 and a beta of 0.49. The firm has a fifty day moving average of $158.06 and a 200-day moving average of $175.75. Molina Healthcare, Inc has a 52-week low of $133.40 and a 52-week high of $359.97. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.68 and a current ratio of 1.68.

Molina Healthcare (NYSE:MOH) last released its quarterly earnings data on Wednesday, October 22nd. The company reported $1.84 earnings per share for the quarter, missing analysts’ consensus estimates of $3.97 by ($2.13). Molina Healthcare had a net margin of 1.98% and a return on equity of 22.95%. The company had revenue of $11.48 billion for the quarter, compared to analyst estimates of $10.99 billion. During the same period in the previous year, the firm posted $6.01 earnings per share. The firm’s revenue for the quarter was up 11.0% compared to the same quarter last year. Molina Healthcare has set its FY 2025 guidance at 14.000-14.000 EPS. On average, equities research analysts forecast that Molina Healthcare, Inc will post 24.4 earnings per share for the current fiscal year.

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.