5,441 Shares in Molina Healthcare, Inc $MOH Acquired by Elevation Point Wealth Partners LLC

Elevation Point Wealth Partners LLC acquired a new stake in Molina Healthcare, Inc (NYSE:MOH) in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 5,441 shares of the company’s stock, valued at approximately $725,000.

A number of other institutional investors have also recently made changes to their positions in MOH. Blue Trust Inc. grew its holdings in shares of Molina Healthcare by 23.8% in the fourth quarter. Blue Trust Inc. now owns 322 shares of the company’s stock worth $56,000 after purchasing an additional 62 shares during the last quarter. Caitong International Asset Management Co. Ltd raised its holdings in Molina Healthcare by 64.5% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 232 shares of the company’s stock valued at $40,000 after buying an additional 91 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Molina Healthcare by 0.7% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 13,668 shares of the company’s stock valued at $2,616,000 after buying an additional 92 shares during the period. Public Employees Retirement System of Ohio boosted its position in Molina Healthcare by 0.6% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 16,753 shares of the company’s stock valued at $3,206,000 after buying an additional 104 shares during the period. Finally, Brown Brothers Harriman & Co. grew its holdings in Molina Healthcare by 96.1% in the 4th quarter. Brown Brothers Harriman & Co. now owns 249 shares of the company’s stock worth $43,000 after acquiring an additional 122 shares during the last quarter. Hedge funds and other institutional investors own 98.50% of the company’s stock.

Insider Transactions at Molina Healthcare

In other news, CAO Maurice Hebert sold 600 shares of Molina Healthcare 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 $2,454,713.25. The trade was a 4.47% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Jeff D. Barlow sold 17,811 shares of the firm’s stock in a transaction dated 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 sale, the insider owned 67,175 shares of the company’s stock, valued at approximately $12,502,611. This represents a 20.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.44% of the stock is currently owned by corporate insiders.

Molina Healthcare Stock Performance

Shares of Molina Healthcare stock opened at $234.11 on Wednesday. Molina Healthcare, Inc has a 12 month low of $121.06 and a 12 month high of $237.50. The firm has a market capitalization of $12.20 billion, a P/E ratio of 69.26 and a beta of 0.74. 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 business has a fifty day simple moving average of $196.62 and a two-hundred day simple moving average of $171.71.

Molina Healthcare (NYSE:MOH) last issued its quarterly earnings results 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 net margin of 0.42% and a return on equity of 8.76%. The company had revenue of $10.80 billion during the quarter, compared to analyst estimates of $10.91 billion. During the same period last year, the business earned $6.08 EPS. Molina Healthcare’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. On average, equities analysts forecast that Molina Healthcare, Inc will post 5.23 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on MOH shares. Royal Bank Of Canada started coverage on shares of Molina Healthcare in a research report on Tuesday, June 23rd. They issued a “sector perform” rating and a $216.00 price objective on the stock. Robert W. Baird raised their target price on Molina Healthcare from $124.00 to $163.00 and gave the stock a “neutral” rating in a research note on Monday, May 11th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $129.00 price target on shares of Molina Healthcare in a report on Friday, April 24th. Barclays upped their price target on Molina Healthcare from $161.00 to $199.00 and gave the company an “underweight” rating in a research report on Tuesday, May 26th. Finally, UBS Group increased their price objective on Molina Healthcare from $180.00 to $202.00 and gave the stock a “neutral” rating in a report on Friday, May 22nd. Three equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $184.81.

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.