Kintegral Advisory LLC Sells 133 Shares of Molina Healthcare, Inc. (NYSE:MOH)

Kintegral Advisory LLC reduced its stake in shares of Molina Healthcare, Inc. (NYSE:MOH) by 4.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,868 shares of the company’s stock after selling 133 shares during the quarter. Kintegral Advisory LLC’s holdings in Molina Healthcare were worth $835,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of MOH. Public Sector Pension Investment Board raised its position in shares of Molina Healthcare by 13.5% during the third quarter. Public Sector Pension Investment Board now owns 2,527 shares of the company’s stock valued at $871,000 after buying an additional 300 shares during the last quarter. Tributary Capital Management LLC increased its stake in Molina Healthcare by 76.1% during the fourth quarter. Tributary Capital Management LLC now owns 4,190 shares of the company’s stock valued at $1,219,000 after acquiring an additional 1,811 shares during the period. Everence Capital Management Inc. acquired a new position in Molina Healthcare in the 4th quarter valued at approximately $544,000. SYM FINANCIAL Corp bought a new stake in shares of Molina Healthcare in the 4th quarter worth approximately $249,000. Finally, Oddo BHF Asset Management Sas acquired a new stake in shares of Molina Healthcare during the 3rd quarter worth approximately $2,947,000. 98.50% of the stock is owned by institutional investors.

Molina Healthcare Trading Down 2.6 %

MOH stock opened at $283.89 on Friday. The business has a fifty day moving average price of $293.21 and a 200 day moving average price of $314.24. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.62 and a quick ratio of 1.62. Molina Healthcare, Inc. has a fifty-two week low of $262.32 and a fifty-two week high of $423.92. The stock has a market capitalization of $15.76 billion, a price-to-earnings ratio of 13.90, a P/E/G ratio of 1.06 and a beta of 0.54.

Molina Healthcare (NYSE:MOH) last announced its earnings results on Wednesday, February 5th. The company reported $5.05 earnings per share for the quarter, missing analysts’ consensus estimates of $5.74 by ($0.69). Molina Healthcare had a net margin of 2.90% and a return on equity of 28.13%. Analysts expect that Molina Healthcare, Inc. will post 24.4 EPS for the current fiscal year.

Wall Street Analyst Weigh In

MOH has been the subject of a number of recent research reports. StockNews.com lowered Molina Healthcare from a “strong-buy” rating to a “buy” rating in a research note on Saturday, February 8th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $350.00 price objective (down from $378.00) on shares of Molina Healthcare in a report on Tuesday, December 17th. Stephens reiterated an “equal weight” rating and set a $345.00 target price on shares of Molina Healthcare in a research report on Thursday, February 6th. Truist Financial dropped their price target on shares of Molina Healthcare from $370.00 to $340.00 and set a “buy” rating for the company in a research report on Wednesday. Finally, Wells Fargo & Company raised their price target on shares of Molina Healthcare from $360.00 to $362.00 and gave the stock an “equal weight” rating in a research note on Monday, November 4th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $353.17.

About Molina Healthcare

Molina Healthcare, Inc provides managed healthcare services to low-income families and individuals under the Medicaid and Medicare programs and through the state insurance marketplaces. It operates in four segments: Medicaid, Medicare, Marketplace, and Other. The company served in across 19 states. The company was founded in 1980 and is headquartered in Long Beach, California.