Molina Healthcare, Inc $MOH Shares Bought by CenterBook Partners LP

CenterBook Partners LP grew its position in Molina Healthcare, Inc (NYSE:MOH) by 359.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,409 shares of the company’s stock after buying an additional 15,969 shares during the quarter. CenterBook Partners LP’s holdings in Molina Healthcare were worth $3,905,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Essex Financial Services Inc. purchased a new position in Molina Healthcare during the 3rd quarter valued at about $227,000. Syon Capital LLC grew its position in shares of Molina Healthcare by 265.4% in the third quarter. Syon Capital LLC now owns 3,106 shares of the company’s stock valued at $594,000 after purchasing an additional 2,256 shares during the last quarter. First National Bank of Omaha purchased a new position in shares of Molina Healthcare during the 3rd quarter worth approximately $1,245,000. Beirne Wealth Consulting Services LLC acquired a new position in shares of Molina Healthcare during the 3rd quarter worth approximately $211,000. Finally, Timber Creek Capital Management LLC acquired a new position in shares of Molina Healthcare during the 3rd quarter worth approximately $4,467,000. 98.50% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Molina Healthcare

In other news, Director Richard M. Schapiro sold 357 shares of the business’s stock in a transaction on Monday, November 24th. The shares were sold at an average price of $143.02, for a total transaction of $51,058.14. Following the transaction, the director directly 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 SEC, which is available at this hyperlink. Insiders own 1.10% of the company’s stock.

Molina Healthcare Stock Up 4.9%

MOH opened at $142.29 on Thursday. Molina Healthcare, Inc has a 12 month low of $121.06 and a 12 month high of $359.97. The business has a 50-day moving average of $169.89 and a two-hundred day moving average of $168.99. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.69 and a quick ratio of 1.69. The stock has a market capitalization of $7.33 billion, a price-to-earnings ratio of 16.62 and a beta of 0.49.

Molina Healthcare (NYSE:MOH) last posted its quarterly earnings results on Thursday, February 5th. The company reported ($2.75) earnings per share for the quarter, missing analysts’ consensus estimates of $0.43 by ($3.18). The company had revenue of $11.38 billion for the quarter, compared to analysts’ expectations of $10.90 billion. Molina Healthcare had a return on equity of 13.60% and a net margin of 1.04%.The business’s revenue for the quarter was up 8.3% on a year-over-year basis. During the same period in the prior year, the business earned $5.05 EPS. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. On average, research analysts expect that Molina Healthcare, Inc will post 24.4 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have commented on MOH. TD Cowen lowered their target price on Molina Healthcare from $175.00 to $144.00 and set a “hold” rating on the stock in a report on Monday, February 9th. Deutsche Bank Aktiengesellschaft set a $109.00 price objective on Molina Healthcare in a research note on Tuesday, February 10th. Cantor Fitzgerald cut their target price on shares of Molina Healthcare from $180.00 to $144.00 and set a “neutral” rating for the company in a research note on Monday, February 9th. Jefferies Financial Group set a $160.00 price target on shares of Molina Healthcare in a research note on Tuesday, December 16th. 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, nine have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Molina Healthcare has an average rating of “Hold” and an average target price of $162.64.

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.