Molina Healthcare (NYSE:MOH) Shares Gap Down – Here’s What Happened

Shares of Molina Healthcare, Inc (NYSE:MOH) gapped down prior to trading on Wednesday . The stock had previously closed at $241.56, but opened at $235.01. Molina Healthcare shares last traded at $234.4410, with a volume of 176,630 shares changing hands.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on MOH. Cantor Fitzgerald lifted their price objective on Molina Healthcare from $144.00 to $209.00 and gave the stock a “neutral” rating in a research report on Monday, May 11th. Wells Fargo & Company increased their target price on Molina Healthcare from $159.00 to $235.00 and gave the company an “equal weight” rating in a report on Monday. Robert W. Baird raised their price target on Molina Healthcare from $124.00 to $163.00 and gave the stock a “neutral” rating in a research report on Monday, May 11th. TD Cowen boosted their price target on Molina Healthcare from $163.00 to $230.00 and gave the stock a “hold” rating in a report on Tuesday. Finally, Mizuho set a $215.00 price target on Molina Healthcare in a report on Monday, June 8th. Three investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $207.06.

Molina Healthcare Trading Down 3.7%

The business has a 50 day simple moving average of $201.25 and a two-hundred day simple moving average of $174.25. The company has a current ratio of 1.63, a quick ratio of 1.63 and a debt-to-equity ratio of 0.97. The company has a market cap of $12.12 billion, a PE ratio of 68.39 and a beta of 0.74.

Molina Healthcare (NYSE:MOH) last announced its quarterly earnings data on Wednesday, April 22nd. The company reported $2.35 EPS for the quarter, beating analysts’ consensus estimates of $1.57 by $0.78. The business had revenue of $10.80 billion during the quarter, compared to the consensus estimate of $10.91 billion. Molina Healthcare had a return on equity of 8.76% and a net margin of 0.42%.The business’s revenue for the quarter was down 3.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $6.08 earnings per share. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. On average, analysts forecast that Molina Healthcare, Inc will post 5.23 EPS for the current fiscal year.

Insider Activity

In other Molina Healthcare news, insider Jeff D. Barlow sold 17,811 shares of Molina Healthcare stock in a transaction dated 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 completion of the sale, the insider owned 67,175 shares in the company, valued at $12,502,611. The trade was a 20.96% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CAO Maurice Hebert sold 600 shares of the company’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $191.55, for a total transaction of $114,930.00. Following the transaction, the chief accounting officer directly owned 12,815 shares of the company’s stock, valued at approximately $2,454,713.25. This 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 insiders.

Institutional Investors Weigh In On Molina Healthcare

A number of institutional investors have recently bought and sold shares of MOH. AQR Capital Management LLC boosted its holdings in shares of Molina Healthcare by 217.0% in the 3rd quarter. AQR Capital Management LLC now owns 2,934,130 shares of the company’s stock valued at $561,475,000 after purchasing an additional 2,008,458 shares during the last quarter. T. Rowe Price Investment Management Inc. raised its position in shares of Molina Healthcare by 10.2% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,171,433 shares of the company’s stock worth $376,831,000 after buying an additional 201,772 shares during the period. Invesco Ltd. raised its position in shares of Molina Healthcare by 24.2% in the 4th quarter. Invesco Ltd. now owns 1,690,981 shares of the company’s stock worth $293,453,000 after buying an additional 329,679 shares during the period. Victory Capital Management Inc. raised its position in shares of Molina Healthcare by 46.4% in the 4th quarter. Victory Capital Management Inc. now owns 1,410,604 shares of the company’s stock worth $244,796,000 after buying an additional 447,078 shares during the period. Finally, Dimensional Fund Advisors LP boosted its holdings in Molina Healthcare by 23.7% in the first quarter. Dimensional Fund Advisors LP now owns 1,394,882 shares of the company’s stock valued at $185,929,000 after acquiring an additional 267,121 shares during the last quarter. 98.50% of the stock is currently owned by hedge funds and other institutional investors.

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.