Molina HealthcareMOH
Market Cap: $19.2B
About: Molina Healthcare Inc offers healthcare plans focused on Medicaid-related solutions for low-income families and individuals. Its health plans are operated by a network of subsidiaries, each of which is licensed as a health maintenance organization (HMO). It has four segments: Medicaid, Medicare, Marketplace and Others. The Medicaid, Medicare, and Marketplace segments represent the government-funded or sponsored programs under which it offers managed healthcare services. The Other segment, which is insignificant to its consolidated results of operations, includes long-term services and supports consultative services in Wisconsin. It generates majority revenue from Medicaid segment.
Employees: 18,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
25% more funds holding in top 10
Funds holding in top 10: 4 [Q1] → 5 (+1) [Q2]
22% more repeat investments, than reductions
Existing positions increased: 247 | Existing positions reduced: 202
13% more first-time investments, than exits
New positions opened: 103 | Existing positions closed: 91
2.75% more ownership
Funds ownership: 97.38% [Q1] → 100.13% (+2.75%) [Q2]
2% more funds holding
Funds holding: 613 [Q1] → 625 (+12) [Q2]
6% less call options, than puts
Call options by funds: $66.2M | Put options by funds: $70.7M
26% less capital invested
Capital invested by funds: $23.4B [Q1] → $17.4B (-$5.97B) [Q2]
Research analyst outlook
12 Wall Street Analysts provided 1 year price targets over the past 3 months
12 analyst ratings
Cantor Fitzgerald Sarah James 67% 1-year accuracy 84 / 125 met price target | 24%upside $406 | Overweight Reiterated | 19 Aug 2024 |
Wells Fargo Stephen Baxter 59% 1-year accuracy 17 / 29 met price target | 10%upside $360 | Equal-Weight Maintained | 5 Aug 2024 |
Deutsche Bank George Hill 100% 1-year accuracy 6 / 6 met price target | 8%upside $353 | Hold Maintained | 29 Jul 2024 |
TD Cowen Gary Taylor 63% 1-year accuracy 10 / 16 met price target | 15%upside $378 | Buy Maintained | 29 Jul 2024 |
Stephens & Co. Scott Fidel 90% 1-year accuracy 28 / 31 met price target | 2%downside $320 | Equal-Weight Reiterated | 25 Jul 2024 |
Financial journalist opinion
Based on 9 articles about MOH published over the past 30 days