Molina Healthcare, Inc $MOH Shares Sold by Pictet Asset Management Holding SA

Pictet Asset Management Holding SA lessened its holdings in shares of Molina Healthcare, Inc (NYSE:MOH) by 21.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,242 shares of the company’s stock after selling 2,477 shares during the period. Pictet Asset Management Holding SA’s holdings in Molina Healthcare were worth $1,232,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Torren Management LLC acquired a new stake in Molina Healthcare during the 4th quarter worth about $26,000. Miller Global Investments LLC acquired a new position in shares of Molina Healthcare in the 4th quarter valued at about $27,000. MUFG Securities EMEA plc purchased a new stake in shares of Molina Healthcare in the second quarter worth about $48,000. Cromwell Holdings LLC boosted its stake in shares of Molina Healthcare by 211.9% in the fourth quarter. Cromwell Holdings LLC now owns 184 shares of the company’s stock worth $32,000 after buying an additional 125 shares during the last quarter. Finally, Quarry LP acquired a new stake in Molina Healthcare during the fourth quarter worth about $32,000. 98.50% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Molina Healthcare

In other Molina Healthcare news, CAO Maurice Hebert sold 600 shares of the stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $191.55, for a total transaction of $114,930.00. Following the transaction, the chief accounting officer directly owned 12,815 shares of the company’s stock, valued at $2,454,713.25. This trade represents a 4.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Jeff D. Barlow sold 17,811 shares of Molina Healthcare 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 completion of the sale, the insider owned 67,175 shares in the company, valued at approximately $12,502,611. This trade represents a 20.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.44% of the company’s stock.

Wall Street Analysts Forecast Growth

MOH has been the subject of a number of analyst reports. Cantor Fitzgerald boosted their price target on Molina Healthcare from $144.00 to $209.00 and gave the company a “neutral” rating in a report on Monday, May 11th. JPMorgan Chase & Co. raised their price objective on shares of Molina Healthcare from $169.00 to $191.00 and gave the stock a “neutral” rating in a research note on Monday, June 8th. Bank of America raised shares of Molina Healthcare from an “underperform” rating to a “buy” rating and set a $250.00 target price for the company in a report on Wednesday, April 29th. Barclays boosted their target price on shares of Molina Healthcare from $161.00 to $199.00 and gave the company an “underweight” rating in a research note on Tuesday, May 26th. Finally, Royal Bank Of Canada initiated coverage on shares of Molina Healthcare in a report on Tuesday, June 23rd. They set a “sector perform” rating and a $216.00 price target on the stock. Three equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $184.81.

Molina Healthcare Price Performance

Shares of MOH stock traded up $1.56 during trading hours on Tuesday, hitting $229.26. 19,350 shares of the company’s stock were exchanged, compared to its average volume of 1,499,073. The company has a quick ratio of 1.63, a current ratio of 1.63 and a debt-to-equity ratio of 0.97. The firm has a market cap of $11.94 billion, a P/E ratio of 67.80 and a beta of 0.74. The firm has a 50 day moving average of $195.46 and a two-hundred day moving average of $171.20. Molina Healthcare, Inc has a fifty-two week low of $121.06 and a fifty-two week high of $237.50.

Molina Healthcare (NYSE:MOH) last released its quarterly earnings results 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. The firm had revenue of $10.80 billion for the quarter, compared to analysts’ expectations of $10.91 billion. Molina Healthcare had a net margin of 0.42% and a return on equity of 8.76%. The firm’s revenue for the quarter was down 3.1% compared to the same quarter last year. During the same quarter last year, the company earned $6.08 EPS. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. Sell-side analysts forecast that Molina Healthcare, Inc will post 5.23 EPS for the current year.

Molina Healthcare Company 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.