Molina Healthcare, Inc. (NYSE:MOH) Shares Sold by National Pension Service

National Pension Service decreased its position in shares of Molina Healthcare, Inc. (NYSE:MOH) by 3.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 112,025 shares of the company’s stock after selling 3,620 shares during the quarter. National Pension Service owned 0.20% of Molina Healthcare worth $32,605,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Public Sector Pension Investment Board lifted its position in shares of Molina Healthcare by 13.5% during the 3rd quarter. Public Sector Pension Investment Board now owns 2,527 shares of the company’s stock valued at $871,000 after buying an additional 300 shares in the last quarter. Tributary Capital Management LLC lifted its position in shares of Molina Healthcare by 76.1% during the 4th quarter. Tributary Capital Management LLC now owns 4,190 shares of the company’s stock valued at $1,219,000 after buying an additional 1,811 shares in the last quarter. Everence Capital Management Inc. purchased a new position in shares of Molina Healthcare during the 4th quarter valued at approximately $544,000. SYM FINANCIAL Corp purchased a new position in shares of Molina Healthcare during the 4th quarter valued at approximately $249,000. Finally, Oddo BHF Asset Management Sas purchased a new position in shares of Molina Healthcare during the 3rd quarter valued at approximately $2,947,000. Hedge funds and other institutional investors own 98.50% of the company’s stock.

Analyst Ratings Changes

MOH has been the topic of a number of research reports. Truist Financial decreased their price objective on Molina Healthcare from $370.00 to $340.00 and set a “buy” rating on the stock in a report on Wednesday, February 19th. JPMorgan Chase & Co. restated a “neutral” rating and issued a $350.00 price objective (down previously from $378.00) on shares of Molina Healthcare in a report on Tuesday, December 17th. UBS Group decreased their price objective on Molina Healthcare from $374.00 to $325.00 and set a “neutral” rating on the stock in a report on Friday, February 7th. Barclays decreased their price objective on Molina Healthcare from $372.00 to $339.00 and set an “equal weight” rating on the stock in a report on Friday, February 7th. Finally, Stephens restated an “equal weight” rating and issued a $345.00 price objective on shares of Molina Healthcare in a report on Thursday, February 6th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, Molina Healthcare currently has a consensus rating of “Hold” and a consensus target price of $353.17.

Molina Healthcare Stock Up 2.9 %

NYSE MOH opened at $301.45 on Friday. The business’s fifty day simple moving average is $293.12 and its 200-day simple moving average is $313.19. The company has a quick ratio of 1.62, a current ratio of 1.62 and a debt-to-equity ratio of 0.69. The firm has a market cap of $16.73 billion, a PE ratio of 14.76, a P/E/G ratio of 1.06 and a beta of 0.54. Molina Healthcare, Inc. has a 52 week low of $262.32 and a 52 week high of $423.92.

Molina Healthcare (NYSE:MOH) last issued its quarterly earnings data on Wednesday, February 5th. The company reported $5.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.74 by ($0.69). Molina Healthcare had a return on equity of 28.13% and a net margin of 2.90%. As a group, equities analysts anticipate that Molina Healthcare, Inc. will post 24.4 earnings per share for the current year.

Molina Healthcare Company Profile

Molina Healthcare, Inc provides managed healthcare services to low-income families and individuals under the Medicaid and Medicare programs and through the state insurance marketplaces. It operates in four segments: Medicaid, Medicare, Marketplace, and Other. The company served in across 19 states. The company was founded in 1980 and is headquartered in Long Beach, California.