Investment Activity - Merit Financial Group LLC increased its holdings in Molina Healthcare by 289.3% in Q3, now owning 11,735 shares valued at $2,246,000 after purchasing an additional 8,721 shares [1] - Cerity Partners LLC raised its stake by 245.3%, owning 80,608 shares valued at $15,425,000 after acquiring 57,266 shares [1] - Gibraltar Capital Management Inc. acquired a new stake valued at approximately $6,709,000 [1] - Brighton Jones LLC boosted its stake by 189.5%, now owning 13,148 shares valued at $2,516,000 after buying 8,607 shares [1] - Arrowstreet Capital Limited Partnership grew its holdings by 71.5%, owning 80,559 shares worth $23,999,000 after acquiring 33,587 shares [1] - Institutional investors and hedge funds own 98.50% of the stock [1] Insider Transactions - Director Richard M. Schapiro sold 357 shares at an average price of $143.02, totaling $51,058.14, resulting in a 3.05% decrease in ownership [2] Analyst Ratings - Wall Street Zen downgraded Molina Healthcare from "hold" to "sell" [4] - Wells Fargo increased the price target from $165.00 to $208.00, maintaining an "overweight" rating [4] - Deutsche Bank set a price objective of $165.00 [4] - TD Cowen downgraded from "buy" to "hold" with a target price of $203.00 [4] - Mizuho set a price target of $220.00 [4] - Current average rating is "Hold" with an average target price of $193.47 [4] Financial Performance - Molina Healthcare reported $1.84 EPS for the last quarter, missing estimates of $3.97 by $2.13 [6] - Revenue for the quarter was $11.48 billion, exceeding expectations of $10.99 billion, with an 11.0% year-over-year increase [6] - The company had a return on equity of 22.95% and a net margin of 1.98% [6] Stock Performance - Shares opened at $202.05, with a 12-month low of $133.40 and a high of $359.97 [5] - Market cap is $10.95 billion, with a P/E ratio of 12.51 and a beta of 0.49 [5] - Current ratio and quick ratio are both 1.68, and the debt-to-equity ratio is 0.92 [5]