Newbridge Financial Services Group Inc. Takes $2.64 Million Position in Molina Healthcare, Inc $MOH

Newbridge Financial Services Group Inc. acquired a new stake in Molina Healthcare, Inc (NYSE:MOH) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 15,200 shares of the company’s stock, valued at approximately $2,638,000.

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

Molina Healthcare Stock Up 2.6%

MOH stock opened at $142.95 on Tuesday. Molina Healthcare, Inc has a 1-year low of $121.06 and a 1-year high of $358.89. 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 business has a fifty day moving average price of $147.81 and a 200-day moving average price of $162.66. The stock has a market capitalization of $7.45 billion, a P/E ratio of 16.70 and a beta of 0.55.

Molina Healthcare (NYSE:MOH) last posted its earnings results on Thursday, February 5th. The company reported ($2.75) earnings per share for the quarter, missing analysts’ consensus estimates of $0.43 by ($3.18). The firm had revenue of $11.38 billion during the quarter, compared to the consensus estimate of $10.90 billion. Molina Healthcare had a net margin of 1.04% and a return on equity of 13.60%. The firm’s revenue was up 8.3% compared to the same quarter last year. During the same period in the prior year, the company posted $5.05 EPS. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. Equities analysts forecast that Molina Healthcare, Inc will post 24.4 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on MOH shares. Jefferies Financial Group set a $160.00 price target on Molina Healthcare in a research report on Tuesday, December 16th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Molina Healthcare in a research note on Thursday, January 22nd. Barclays cut their price target on Molina Healthcare from $164.00 to $133.00 and set an “underweight” rating for the company in a research note on Tuesday, February 10th. Morgan Stanley cut their target price on Molina Healthcare from $158.00 to $128.00 and set an “equal weight” rating for the company in a research note on Wednesday, March 4th. Finally, Cantor Fitzgerald dropped their price target on Molina Healthcare from $180.00 to $144.00 and set a “neutral” rating for the company in a research report on Monday, February 9th. Two equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Molina Healthcare currently has an average rating of “Hold” and an average target price of $169.21.

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.