V Square Quantitative Management LLC Buys 258 Shares of Molina Healthcare, Inc. (NYSE:MOH)

V Square Quantitative Management LLC grew its stake in shares of Molina Healthcare, Inc. (NYSE:MOH) by 26.0% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 1,252 shares of the company’s stock after buying an additional 258 shares during the period. V Square Quantitative Management LLC’s holdings in Molina Healthcare were worth $452,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the company. McIlrath & Eck LLC bought a new stake in Molina Healthcare in the 4th quarter valued at $34,000. VisionPoint Advisory Group LLC raised its position in Molina Healthcare by 105.6% in the third quarter. VisionPoint Advisory Group LLC now owns 111 shares of the company’s stock worth $36,000 after purchasing an additional 57 shares in the last quarter. Raleigh Capital Management Inc. lifted its stake in Molina Healthcare by 40.4% during the third quarter. Raleigh Capital Management Inc. now owns 125 shares of the company’s stock worth $41,000 after purchasing an additional 36 shares during the period. Principal Securities Inc. acquired a new stake in Molina Healthcare during the fourth quarter valued at approximately $42,000. Finally, Householder Group Estate & Retirement Specialist LLC grew its stake in shares of Molina Healthcare by 3,933.3% in the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 121 shares of the company’s stock valued at $43,000 after purchasing an additional 118 shares during the period. 98.50% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Molina Healthcare

In other news, COO James Woys sold 10,000 shares of the stock in a transaction on Wednesday, May 22nd. The stock was sold at an average price of $345.15, for a total value of $3,451,500.00. Following the transaction, the chief operating officer now owns 53,613 shares of the company’s stock, valued at approximately $18,504,526.95. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, COO James Woys sold 10,000 shares of the stock in a transaction that occurred on Wednesday, May 22nd. The shares were sold at an average price of $345.15, for a total value of $3,451,500.00. Following the sale, the chief operating officer now directly owns 53,613 shares in the company, valued at approximately $18,504,526.95. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Ronna Romney sold 250 shares of the business’s stock in a transaction that occurred on Tuesday, May 21st. The shares were sold at an average price of $343.27, for a total transaction of $85,817.50. Following the transaction, the director now owns 16,945 shares of the company’s stock, valued at approximately $5,816,710.15. The disclosure for this sale can be found here. Insiders own 1.10% of the company’s stock.

Molina Healthcare Trading Down 0.4 %

Shares of MOH opened at $307.04 on Monday. The stock’s fifty day simple moving average is $341.15 and its 200-day simple moving average is $367.38. The firm has a market capitalization of $17.99 billion, a PE ratio of 16.66, a price-to-earnings-growth ratio of 0.94 and a beta of 0.57. Molina Healthcare, Inc. has a 12-month low of $273.58 and a 12-month high of $423.92. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 0.53.

Molina Healthcare (NYSE:MOH) last released its earnings results on Wednesday, April 24th. The company reported $5.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.46 by $0.27. Molina Healthcare had a net margin of 2.99% and a return on equity of 29.86%. The company had revenue of $9.93 billion for the quarter, compared to the consensus estimate of $9.45 billion. During the same period in the prior year, the company posted $5.81 EPS. The company’s revenue was up 21.9% compared to the same quarter last year. As a group, research analysts predict that Molina Healthcare, Inc. will post 23.56 earnings per share for the current year.

Analyst Upgrades and Downgrades

MOH has been the topic of several recent analyst reports. Bank of America lowered Molina Healthcare from a “neutral” rating to an “underperform” rating and set a $439.00 price target on the stock. in a research note on Thursday, March 28th. Baird R W upgraded shares of Molina Healthcare to a “strong-buy” rating in a research report on Thursday, May 30th. Wells Fargo & Company cut their price target on shares of Molina Healthcare from $410.00 to $375.00 and set an “equal weight” rating for the company in a report on Monday, April 29th. Truist Financial upped their price objective on shares of Molina Healthcare from $435.00 to $460.00 and gave the stock a “buy” rating in a research note on Tuesday, February 20th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $406.00 target price on shares of Molina Healthcare in a research note on Thursday, April 4th. One investment analyst has rated the stock with a sell rating, four have given a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $407.45.

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.