Prana Capital Management LP Buys Shares of 27,394 Molina Healthcare, Inc $MOH

Key Points

• Prana Capital Management LP opened a new position in Molina Healthcare, buying 27,394 shares worth about $5.24 million (roughly 0.05% of the company) in the most recent reporting period.
• Wall Street sentiment has softened, with several firms cutting price targets (e.g., Barclays to $133 and Goldman Sachs to $124); the consensus rating is Hold with an average price target of $169.21.
• Molina's latest quarter showed a major earnings miss—EPS of ($2.75) versus $0.43 expected—while revenue of $11.38 billion beat estimates, and institutional investors own about 98.5% of the stock.

Prana Capital Management LP purchased a new position in Molina Healthcare, Inc (NYSE:MOH - Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 27,394 shares of the company's stock, valued at approximately $5,242,000. Prana Capital Management LP owned about 0.05% of Molina Healthcare at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in MOH. New York State Common Retirement Fund grew its holdings in Molina Healthcare by 35.9% during the third quarter. New York State Common Retirement Fund now owns 139,557 shares of the company's stock valued at $26,706,000 after purchasing an additional 36,831 shares during the last quarter. CenterBook Partners LP lifted its stake in shares of Molina Healthcare by 359.7% in the third quarter. CenterBook Partners LP now owns 20,409 shares of the company's stock worth $3,905,000 after buying an additional 15,969 shares during the last quarter. Merit Financial Group LLC boosted its holdings in shares of Molina Healthcare by 289.3% during the 3rd quarter. Merit Financial Group LLC now owns 11,735 shares of the company's stock worth $2,246,000 after buying an additional 8,721 shares during the period. Gibraltar Capital Management Inc. bought a new stake in shares of Molina Healthcare during the 3rd quarter worth $6,709,000. Finally, Cerity Partners LLC grew its stake in Molina Healthcare by 245.3% in the 3rd quarter. Cerity Partners LLC now owns 80,608 shares of the company's stock valued at $15,425,000 after buying an additional 57,266 shares during the last quarter. Institutional investors own 98.50% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on MOH shares. Barclays cut their target price on shares of Molina Healthcare from $164.00 to $133.00 and set an "underweight" rating for the company in a research report on Tuesday, February 10th. The Goldman Sachs Group lowered their price target on Molina Healthcare from $167.00 to $124.00 and set a "neutral" rating on the stock in a research report on Wednesday, February 11th. Jefferies Financial Group set a $160.00 price objective on Molina Healthcare in a research note on Tuesday, December 16th. Truist Financial cut their price objective on Molina Healthcare from $190.00 to $145.00 and set a "hold" rating for the company in a research report on Tuesday, February 17th. Finally, Sanford C. Bernstein restated an "outperform" rating on shares of Molina Healthcare in a research note on Friday. Two analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of "Hold" and an average price target of $169.21.

Molina Healthcare Stock Performance

NYSE MOH opened at $144.20 on Wednesday. The company's fifty day moving average is $162.10 and its two-hundred day moving average is $166.59. Molina Healthcare, Inc has a 52-week low of $121.06 and a 52-week high of $359.97. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.69 and a quick ratio of 1.69. The firm has a market capitalization of $7.51 billion, a price-to-earnings ratio of 16.85 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) EPS for the quarter, missing analysts' consensus estimates 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 for the quarter, compared to analyst estimates of $10.90 billion. During the same period in the prior year, the company posted $5.05 EPS. The firm's quarterly revenue was up 8.3% on a year-over-year basis. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. Equities research analysts forecast that Molina Healthcare, Inc will post 24.4 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.

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