Molina Healthcare, Inc $MOH Shares Sold by Capital Research Global Investors

Key Points

• Capital Research Global Investors cut its stake in Molina by 63.4% in Q3, selling 1,373,307 shares and leaving 792,786 shares (about 1.46% ownership worth $151.7M).
• Analysts have turned more cautious—several firms (including Morgan Stanley, Goldman Sachs and Truist) cut price targets, and the consensus rating is Hold with an average target of $155.71.
• Molina’s latest quarter missed expectations, reporting EPS of ($2.75) vs. $0.43 expected despite revenue rising 8.3% to $11.38B, and the company has a market cap near $7.6B.

Capital Research Global Investors trimmed its position in Molina Healthcare, Inc (NYSE:MOH - Free Report) by 63.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 792,786 shares of the company's stock after selling 1,373,307 shares during the quarter. Capital Research Global Investors owned about 1.46% of Molina Healthcare worth $151,708,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Asset Management One Co. Ltd. raised its position in shares of Molina Healthcare by 0.3% during the 3rd quarter. Asset Management One Co. Ltd. now owns 22,737 shares of the company's stock valued at $4,351,000 after buying an additional 66 shares during the period. Applied Finance Capital Management LLC grew its position in Molina Healthcare by 5.7% in the third quarter. Applied Finance Capital Management LLC now owns 1,408 shares of the company's stock worth $269,000 after acquiring an additional 76 shares during the period. First National Advisers LLC increased its stake in Molina Healthcare by 6.4% during the second quarter. First National Advisers LLC now owns 1,297 shares of the company's stock worth $386,000 after acquiring an additional 78 shares during the last quarter. Journey Strategic Wealth LLC increased its stake in Molina Healthcare by 13.9% during the second quarter. Journey Strategic Wealth LLC now owns 730 shares of the company's stock worth $217,000 after acquiring an additional 89 shares during the last quarter. Finally, Tokio Marine Asset Management Co. Ltd. raised its position in Molina Healthcare by 5.0% in the third quarter. Tokio Marine Asset Management Co. Ltd. now owns 2,025 shares of the company's stock valued at $388,000 after purchasing an additional 96 shares during the period. Hedge funds and other institutional investors own 98.50% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. Morgan Stanley decreased their price target on Molina Healthcare from $158.00 to $128.00 and set an "equal weight" rating on the stock in a research note on Wednesday, March 4th. UBS Group restated a "neutral" rating and issued a $145.00 price objective on shares of Molina Healthcare in a report on Monday, February 9th. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of Molina Healthcare in a research report on Thursday, January 22nd. The Goldman Sachs Group lowered their target price on shares of Molina Healthcare from $167.00 to $124.00 and set a "neutral" rating for the company in a research note on Wednesday, February 11th. Finally, Truist Financial dropped their price target on shares of Molina Healthcare from $190.00 to $145.00 and set a "hold" rating for the company in a research report on Tuesday, February 17th. Two investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $155.71.

Molina Healthcare Stock Performance

NYSE:MOH opened at $147.08 on Thursday. Molina Healthcare, Inc has a 52 week low of $121.06 and a 52 week high of $359.97. The company has a fifty day simple moving average of $164.71 and a two-hundred day simple moving average of $167.47. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 0.97. The company has a market cap of $7.57 billion, a price-to-earnings ratio of 17.18 and a beta of 0.52.

Molina Healthcare (NYSE:MOH - Get Free Report) last announced its quarterly earnings data on Thursday, February 5th. The company reported ($2.75) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by ($3.18). Molina Healthcare had a net margin of 1.04% and a return on equity of 13.60%. The company had revenue of $11.38 billion during the quarter, compared to analyst estimates of $10.90 billion. During the same quarter in the previous year, the business posted $5.05 earnings per share. The firm's revenue was up 8.3% on a year-over-year basis. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. As a group, equities analysts anticipate that Molina Healthcare, Inc will post 24.4 earnings per share for the current fiscal year.

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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