Silvant Capital Management LLC Makes New $5.32 Million Investment in Molina Healthcare, Inc $MOH

Key Points

• Silvant Capital Management acquired 23,245 Molina Healthcare shares in the second quarter, valued at approximately $5.32 million. Institutional investors collectively own 98.5% of the company.
• Molina reported quarterly earnings of $1.51 per share, exceeding the $1.39 analyst consensus, while revenue reached $10.87 billion. However, revenue declined 4.8% year over year and the company posted a slightly negative net margin.
• MOH opened at $197.69, with analysts assigning an average “Hold” rating and a $202.44 price target. Recent target prices range from $225 to $230, while ratings remain mixed among buy, hold, and sell recommendations.

Silvant Capital Management LLC acquired a new position in Molina Healthcare, Inc (NYSE:MOH - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 23,245 shares of the company's stock, valued at approximately $5,316,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Torren Management LLC bought a new position in Molina Healthcare in the 4th quarter worth $26,000. Physician Wealth Advisors Inc. increased its stake in Molina Healthcare by 1,250.0% in the 1st quarter. Physician Wealth Advisors Inc. now owns 216 shares of the company's stock worth $29,000 after buying an additional 200 shares in the last quarter. Quarry LP bought a new stake in Molina Healthcare during the fourth quarter valued at about $32,000. SJS Investment Consulting Inc. raised its holdings in Molina Healthcare by 504.9% during the first quarter. SJS Investment Consulting Inc. now owns 248 shares of the company's stock valued at $33,000 after acquiring an additional 207 shares during the period. Finally, Elevation Wealth Partners LLC lifted its position in shares of Molina Healthcare by 118.2% in the second quarter. Elevation Wealth Partners LLC now owns 144 shares of the company's stock valued at $33,000 after acquiring an additional 78 shares in the last quarter. 98.50% of the stock is currently owned by institutional investors.

Molina Healthcare Stock Down 1.7%

MOH opened at $197.69 on Friday. The firm has a 50-day simple moving average of $211.25 and a two-hundred day simple moving average of $178.42. Molina Healthcare, Inc has a 52 week low of $121.06 and a 52 week high of $244.89. The company has a market capitalization of $10.32 billion, a PE ratio of -1,098.22, a price-to-earnings-growth ratio of 28.82 and a beta of 0.75. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 0.95.

Molina Healthcare (NYSE:MOH - Get Free Report) last issued its quarterly earnings data on Wednesday, July 22nd. The company reported $1.51 earnings per share for the quarter, beating analysts' consensus estimates of $1.39 by $0.12. Molina Healthcare had a positive return on equity of 3.73% and a negative net margin of 0.02%.The firm had revenue of $10.87 billion during the quarter, compared to analyst estimates of $10.83 billion. During the same quarter last year, the business posted $5.48 earnings per share. The business's quarterly revenue was down 4.8% compared to the same quarter last year. Analysts forecast that Molina Healthcare, Inc will post 5.29 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on MOH shares. Wall Street Zen raised Molina Healthcare from a "sell" rating to a "hold" rating in a research note on Saturday, May 2nd. Jefferies Financial Group set a $230.00 target price on Molina Healthcare in a research note on Tuesday, July 14th. Weiss Ratings cut Molina Healthcare from a "hold (c-)" rating to a "sell (d+)" rating in a report on Friday, July 24th. TD Cowen upped their price target on Molina Healthcare from $163.00 to $230.00 and gave the stock a "hold" rating in a research note on Tuesday, July 14th. Finally, Truist Financial cut their price objective on shares of Molina Healthcare from $250.00 to $225.00 and set a "hold" rating for the company in a report on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $202.44.

About Molina Healthcare

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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