8 Knots Management LLC Invests $198.94 Million in Molina Healthcare, Inc $MOH

8 Knots Management LLC bought a new position in Molina Healthcare, Inc (NYSE:MOH - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,146,378 shares of the company's stock, valued at approximately $198,942,000. Molina Healthcare comprises 22.9% of 8 Knots Management LLC's holdings, making the stock its biggest holding. 8 Knots Management LLC owned approximately 2.23% of Molina Healthcare as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the stock. Torren Management LLC acquired a new position in Molina Healthcare in the 4th quarter worth about $26,000. Miller Global Investments LLC acquired a new position in Molina Healthcare in the 4th quarter worth about $27,000. MUFG Securities EMEA plc acquired a new position in Molina Healthcare in the 2nd quarter worth about $48,000. Cromwell Holdings LLC raised its holdings in Molina Healthcare by 211.9% in the 4th quarter. Cromwell Holdings LLC now owns 184 shares of the company's stock worth $32,000 after purchasing an additional 125 shares during the period. Finally, Quarry LP acquired a new position in Molina Healthcare in the 4th quarter worth about $32,000. Hedge funds and other institutional investors own 98.50% of the company's stock.

Molina Healthcare Stock Up 3.8%

Shares of NYSE MOH opened at $200.55 on Friday. The stock has a market cap of $10.45 billion, a P/E ratio of 59.33 and a beta of 0.80. The company has a current ratio of 1.63, a quick ratio of 1.63 and a debt-to-equity ratio of 0.97. Molina Healthcare, Inc has a 12-month low of $121.06 and a 12-month high of $311.52. The business's fifty day simple moving average is $174.79 and its 200-day simple moving average is $164.50.

Molina Healthcare (NYSE:MOH - Get Free Report) last announced its quarterly earnings data on Wednesday, April 22nd. The company reported $2.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.78. The business had revenue of $10.80 billion for the quarter, compared to analysts' expectations of $10.91 billion. Molina Healthcare had a return on equity of 8.76% and a net margin of 0.42%.The company's revenue for the quarter was down 3.1% compared to the same quarter last year. During the same period last year, the firm earned $6.08 earnings per share. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. As a group, equities analysts predict that Molina Healthcare, Inc will post 5.23 EPS for the current fiscal year.

Insiders Place Their Bets

In other Molina Healthcare news, insider Jeff D. Barlow sold 17,811 shares of the firm's stock in a transaction on Monday, May 11th. The stock was sold at an average price of $186.12, for a total value of $3,314,983.32. Following the sale, the insider directly owned 67,175 shares in the company, valued at $12,502,611. This trade represents a 20.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Maurice Hebert sold 600 shares of Molina Healthcare stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $191.55, for a total value of $114,930.00. Following the sale, the chief accounting officer owned 12,815 shares in the company, valued at $2,454,713.25. This trade represents a 4.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.44% of the stock is owned by company insiders.

Analyst Ratings Changes

MOH has been the subject of a number of research analyst reports. Sanford C. Bernstein reissued an "outperform" rating on shares of Molina Healthcare in a report on Friday, March 13th. Zacks Research upgraded Molina Healthcare from a "strong sell" rating to a "hold" rating in a research report on Monday, April 20th. Cantor Fitzgerald upped their price target on Molina Healthcare from $144.00 to $209.00 and gave the company a "neutral" rating in a research report on Monday, May 11th. Wells Fargo & Company upped their price target on Molina Healthcare from $141.00 to $159.00 and gave the company an "equal weight" rating in a research report on Monday, April 27th. Finally, Deutsche Bank Aktiengesellschaft restated a "hold" rating and issued a $129.00 price target on shares of Molina Healthcare in a research report on Friday, April 24th. Three investment 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. Based on data from MarketBeat.com, Molina Healthcare currently has an average rating of "Hold" and an average target price of $182.73.

Molina Healthcare 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.

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