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

National Pension Service reduced its position in Molina Healthcare, Inc. (NYSE:MOH) by 3.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 112,025 shares of the company’s stock after selling 3,620 shares during the quarter. National Pension Service’s holdings in Molina Healthcare were worth $32,605,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Waldron Private Wealth LLC lifted its stake in Molina Healthcare by 4.7% in the fourth quarter. Waldron Private Wealth LLC now owns 729 shares of the company’s stock valued at $212,000 after buying an additional 33 shares during the last quarter. WCM Investment Management LLC lifted its stake in Molina Healthcare by 3.4% in the third quarter. WCM Investment Management LLC now owns 1,080 shares of the company’s stock valued at $369,000 after buying an additional 36 shares during the last quarter. Metis Global Partners LLC lifted its stake in Molina Healthcare by 1.4% in the third quarter. Metis Global Partners LLC now owns 2,785 shares of the company’s stock valued at $960,000 after buying an additional 39 shares during the last quarter. Caprock Group LLC increased its holdings in shares of Molina Healthcare by 3.3% in the third quarter. Caprock Group LLC now owns 1,460 shares of the company’s stock valued at $503,000 after purchasing an additional 47 shares during the period. Finally, Bank of Hawaii increased its holdings in shares of Molina Healthcare by 4.6% in the third quarter. Bank of Hawaii now owns 1,224 shares of the company’s stock valued at $422,000 after purchasing an additional 54 shares during the period. 98.50% of the stock is owned by institutional investors and hedge funds.

Molina Healthcare Trading Up 2.9 %

Shares of MOH stock opened at $301.45 on Friday. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.62 and a quick ratio of 1.62. The firm has a market capitalization 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 1-year low of $262.32 and a 1-year high of $423.92. The business’s fifty day moving average price is $293.12 and its 200 day moving average price is $313.19.

Molina Healthcare (NYSE:MOH) last posted its earnings results on Wednesday, February 5th. The company reported $5.05 earnings per share for the quarter, missing the consensus estimate of $5.74 by ($0.69). Molina Healthcare had a net margin of 2.90% and a return on equity of 28.13%. As a group, sell-side analysts forecast that Molina Healthcare, Inc. will post 24.4 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have recently issued reports on MOH. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $350.00 target price (down previously from $378.00) on shares of Molina Healthcare in a report on Tuesday, December 17th. UBS Group dropped their target price on Molina Healthcare from $374.00 to $325.00 and set a “neutral” rating on the stock in a report on Friday, February 7th. StockNews.com lowered Molina Healthcare from a “strong-buy” rating to a “buy” rating in a report on Saturday, February 8th. Truist Financial dropped their target price on Molina Healthcare from $370.00 to $340.00 and set a “buy” rating on the stock in a report on Wednesday, February 19th. Finally, Wells Fargo & Company boosted their target price on Molina Healthcare from $360.00 to $362.00 and gave the company an “equal weight” rating in a report on Monday, November 4th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Molina Healthcare presently has a consensus rating of “Hold” and an average price target of $353.17.

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.