Universal Beteiligungs und Servicegesellschaft mbH Lowers Stock Holdings in Molina Healthcare, Inc $MOH

Universal Beteiligungs und Servicegesellschaft mbH cut its position in Molina Healthcare, Inc (NYSE:MOH) by 25.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 53,580 shares of the company’s stock after selling 17,972 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned 0.10% of Molina Healthcare worth $15,961,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Whalen Wealth Management Inc. purchased a new position in shares of Molina Healthcare in the second quarter valued at approximately $1,597,000. Machina Capital S.A.S. purchased a new stake in Molina Healthcare during the 2nd quarter worth approximately $2,126,000. Swedbank AB lifted its holdings in Molina Healthcare by 6.8% during the 2nd quarter. Swedbank AB now owns 102,176 shares of the company’s stock worth $30,438,000 after buying an additional 6,484 shares in the last quarter. Acadian Asset Management LLC boosted its position in Molina Healthcare by 3,192.6% in the 1st quarter. Acadian Asset Management LLC now owns 5,762 shares of the company’s stock valued at $1,897,000 after buying an additional 5,587 shares during the period. Finally, Strs Ohio acquired a new position in shares of Molina Healthcare in the second quarter worth $1,864,000. Institutional investors and hedge funds own 98.50% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently issued reports on the company. The Goldman Sachs Group reduced their price objective on Molina Healthcare from $207.00 to $167.00 and set a “neutral” rating on the stock in a research note on Friday, October 24th. Sanford C. Bernstein decreased their price objective on Molina Healthcare from $284.00 to $220.00 and set an “outperform” rating for the company in a research note on Friday, September 5th. Robert W. Baird cut their target price on shares of Molina Healthcare from $373.00 to $179.00 and set a “neutral” rating on the stock in a research note on Friday, July 25th. TD Cowen downgraded shares of Molina Healthcare from a “buy” rating to a “hold” rating and set a $203.00 price target for the company. in a research note on Thursday, October 16th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Molina Healthcare in a research report on Wednesday, October 8th. Three research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Molina Healthcare currently has an average rating of “Hold” and an average target price of $198.93.

Molina Healthcare Stock Performance

Shares of MOH opened at $141.22 on Wednesday. The company has a market capitalization of $7.65 billion, a price-to-earnings ratio of 8.74 and a beta of 0.55. Molina Healthcare, Inc has a 52-week low of $133.73 and a 52-week high of $359.97. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 0.92. The stock has a 50 day moving average price of $174.73 and a 200 day moving average price of $216.01.

Molina Healthcare (NYSE:MOH) last released its quarterly earnings data on Wednesday, October 22nd. The company reported $1.84 earnings per share for the quarter, missing analysts’ consensus estimates of $3.97 by ($2.13). The company had revenue of $11.48 billion for the quarter, compared to analyst estimates of $10.99 billion. Molina Healthcare had a return on equity of 22.95% and a net margin of 1.98%.The firm’s revenue for the quarter was up 11.0% compared to the same quarter last year. During the same period in the previous year, the business posted $6.01 EPS. Molina Healthcare has set its FY 2025 guidance at 14.000-14.000 EPS. Research analysts predict that Molina Healthcare, Inc will post 24.4 EPS for the current fiscal year.

About Molina Healthcare

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.