Sage Rhino Capital LLC Makes New Investment in Molina Healthcare, Inc $MOH

Sage Rhino Capital LLC acquired a new position in shares of Molina Healthcare, Inc (NYSE:MOH) during the first quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 2,295 shares of the company’s stock, valued at approximately $306,000.

Several other institutional investors have also recently made changes to their positions in the company. AQR Capital Management LLC boosted its holdings in Molina Healthcare by 217.0% during the third quarter. AQR Capital Management LLC now owns 2,934,130 shares of the company’s stock worth $561,475,000 after buying an additional 2,008,458 shares in the last quarter. T. Rowe Price Investment Management Inc. increased its holdings in Molina Healthcare by 10.2% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 2,171,433 shares of the company’s stock valued at $376,831,000 after buying an additional 201,772 shares in the last quarter. Invesco Ltd. raised its position in shares of Molina Healthcare by 24.2% in the fourth quarter. Invesco Ltd. now owns 1,690,981 shares of the company’s stock worth $293,453,000 after acquiring an additional 329,679 shares during the period. Victory Capital Management Inc. raised its position in shares of Molina Healthcare by 46.4% in the fourth quarter. Victory Capital Management Inc. now owns 1,410,604 shares of the company’s stock worth $244,796,000 after acquiring an additional 447,078 shares during the period. Finally, 8 Knots Management LLC purchased a new stake in shares of Molina Healthcare during the 4th quarter worth about $198,942,000. 98.50% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on MOH. Morgan Stanley raised their target price on Molina Healthcare from $146.00 to $167.00 and gave the company an “equal weight” rating in a research report on Thursday, June 4th. Barclays upped their price target on Molina Healthcare from $161.00 to $199.00 and gave the stock an “underweight” rating in a report on Tuesday, May 26th. Royal Bank Of Canada initiated coverage on Molina Healthcare in a research report on Tuesday, June 23rd. They set a “sector perform” rating and a $216.00 price target on the stock. Weiss Ratings raised Molina Healthcare from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, June 25th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $129.00 price objective on shares of Molina Healthcare in a research report on Friday, April 24th. Three 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 company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $184.81.

Molina Healthcare Price Performance

Shares of MOH stock traded up $3.70 on Tuesday, reaching $231.40. 136,042 shares of the company were exchanged, compared to its average volume of 1,499,607. Molina Healthcare, Inc has a 1 year low of $121.06 and a 1 year high of $237.50. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.63 and a current ratio of 1.63. The business has a 50-day moving average price of $195.46 and a 200 day moving average price of $171.20. The company has a market cap of $12.06 billion, a price-to-earnings ratio of 68.41 and a beta of 0.74.

Molina Healthcare (NYSE:MOH) last posted its quarterly earnings data on Wednesday, April 22nd. The company reported $2.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.78. Molina Healthcare had a return on equity of 8.76% and a net margin of 0.42%.The company had revenue of $10.80 billion for the quarter, compared to analysts’ expectations of $10.91 billion. During the same period in the previous year, the firm posted $6.08 EPS. Molina Healthcare’s revenue was down 3.1% compared to the same quarter last year. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. Equities research analysts forecast that Molina Healthcare, Inc will post 5.23 earnings per share for the current fiscal year.

Insider Activity at Molina Healthcare

In related news, CAO Maurice Hebert sold 600 shares of the stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $191.55, for a total value of $114,930.00. Following the completion of the transaction, the chief accounting officer directly owned 12,815 shares of the company’s stock, valued at approximately $2,454,713.25. This represents a 4.47% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Jeff D. Barlow sold 17,811 shares of the firm’s stock in a transaction on 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 completion of the transaction, the insider owned 67,175 shares in the company, valued at $12,502,611. The trade was a 20.96% 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 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.