105,787 Shares in Molina Healthcare, Inc $MOH Bought by Investment Management Associates Inc. ADV

Investment Management Associates Inc. ADV purchased a new stake in shares of Molina Healthcare, Inc (NYSE:MOH) during the third quarter, HoldingsChannel reports. The fund purchased 105,787 shares of the company’s stock, valued at approximately $20,243,000. Molina Healthcare accounts for approximately 6.0% of Investment Management Associates Inc. ADV’s portfolio, making the stock its 5th largest holding.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Concurrent Investment Advisors LLC increased its holdings in shares of Molina Healthcare by 7.0% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 944 shares of the company’s stock worth $281,000 after buying an additional 62 shares during the last quarter. Asset Management One Co. Ltd. grew its position in Molina Healthcare by 0.3% in the third quarter. Asset Management One Co. Ltd. now owns 22,737 shares of the company’s stock worth $4,351,000 after acquiring an additional 66 shares in the last quarter. Twin Capital Management Inc. grew its position in Molina Healthcare by 6.3% in the second quarter. Twin Capital Management Inc. now owns 1,181 shares of the company’s stock worth $352,000 after acquiring an additional 70 shares in the last quarter. Parkside Financial Bank & Trust increased its stake in Molina Healthcare by 18.9% during the second quarter. Parkside Financial Bank & Trust now owns 446 shares of the company’s stock worth $133,000 after acquiring an additional 71 shares during the last quarter. Finally, Applied Finance Capital Management LLC raised its position in Molina Healthcare by 5.7% during the third quarter. Applied Finance Capital Management LLC now owns 1,408 shares of the company’s stock valued at $269,000 after purchasing an additional 76 shares during the period. 98.50% of the stock is owned by hedge funds and other institutional investors.

Molina Healthcare Stock Performance

Shares of Molina Healthcare stock opened at $125.43 on Wednesday. The company has a quick ratio of 1.68, a current ratio of 1.69 and a debt-to-equity ratio of 0.97. The stock’s fifty day moving average is $172.43 and its two-hundred day moving average is $170.20. Molina Healthcare, Inc has a 52 week low of $123.71 and a 52 week high of $359.97. The company has a market capitalization of $6.80 billion, a PE ratio of 14.65 and a beta of 0.49.

Molina Healthcare (NYSE:MOH) last issued its earnings results on Thursday, February 5th. The company reported ($2.75) earnings per share (EPS) 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 net margin of 1.04% and a return on equity of 13.60%. The firm’s revenue for the quarter was up 8.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $5.05 earnings per share. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. As a group, analysts expect that Molina Healthcare, Inc will post 24.4 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on MOH shares. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $224.00 price objective on shares of Molina Healthcare in a research note on Tuesday, January 6th. UBS Group restated a “neutral” rating and set a $145.00 price target on shares of Molina Healthcare in a report on Monday. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Molina Healthcare in a research note on Thursday, January 22nd. Morgan Stanley set a $158.00 price objective on shares of Molina Healthcare in a research report on Friday, October 24th. Finally, Jefferies Financial Group set a $160.00 target price on shares of Molina Healthcare in a research note on Tuesday, December 16th. Three analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Molina Healthcare has a consensus rating of “Hold” and a consensus price target of $167.86.

Insider Transactions at Molina Healthcare

In other Molina Healthcare news, Director Richard M. Schapiro sold 357 shares of the company’s stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $143.02, for a total value of $51,058.14. Following the transaction, the director directly owned 11,352 shares in the company, valued at $1,623,563.04. This represents a 3.05% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.26% 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.