Inspire Investing LLC Acquires 2,260 Shares of Molina Healthcare, Inc $MOH

Inspire Investing LLC raised its stake in Molina Healthcare, Inc (NYSE:MOH) by 34.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,795 shares of the company’s stock after acquiring an additional 2,260 shares during the quarter. Inspire Investing LLC’s holdings in Molina Healthcare were worth $1,172,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Apollon Wealth Management LLC purchased a new stake in shares of Molina Healthcare during the 1st quarter valued at approximately $304,000. Larry Mathis Financial Planning LLC bought a new stake in Molina Healthcare during the 1st quarter valued at $299,000. Louisiana State Employees Retirement System bought a new stake in Molina Healthcare during the 1st quarter valued at $3,039,000. Fifth Third Wealth Advisors LLC purchased a new stake in shares of Molina Healthcare during the first quarter worth $226,000. Finally, Aurora Investment Managers LLC. purchased a new stake in Molina Healthcare during the 1st quarter worth about $2,349,000. 98.50% of the stock is owned by institutional investors.

Insider Activity

In other Molina Healthcare news, CAO Maurice Hebert sold 600 shares of the business’s stock in a transaction dated 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 owned 12,815 shares of the company’s stock, valued at approximately $2,454,713.25. The trade was a 4.47% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Jeff D. Barlow sold 17,811 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $186.12, for a total transaction of $3,314,983.32. Following the transaction, the insider directly owned 67,175 shares of the company’s stock, valued at $12,502,611. The trade was a 20.96% 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 insiders.

Analyst Upgrades and Downgrades

MOH has been the subject of a number of research analyst reports. Wall Street Zen upgraded Molina Healthcare from a “sell” rating to a “hold” rating in a research report on Saturday, May 2nd. JPMorgan Chase & Co. raised their target price on shares of Molina Healthcare from $169.00 to $191.00 and gave the company a “neutral” rating in a research note on Monday, June 8th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $129.00 target price on shares of Molina Healthcare in a research report on Friday, April 24th. Truist Financial boosted their price target on shares of Molina Healthcare from $180.00 to $205.00 and gave the stock a “hold” rating in a research note on Monday, May 11th. Finally, Cantor Fitzgerald increased their price target on shares of Molina Healthcare from $144.00 to $209.00 and gave the stock a “neutral” rating in a report on Monday, May 11th. Three equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $184.81.

Molina Healthcare Stock Performance

Molina Healthcare stock opened at $232.76 on Thursday. The company has a current ratio of 1.63, a quick ratio of 1.63 and a debt-to-equity ratio of 0.97. The firm has a market cap of $12.13 billion, a P/E ratio of 68.86 and a beta of 0.74. Molina Healthcare, Inc has a 1-year low of $121.06 and a 1-year high of $268.15. The firm has a 50-day moving average of $191.30 and a 200-day moving average of $169.87.

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

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.