Moody’s Corp. (NYSE:MCO) insider Robert Fauber sold 625 shares of the company’s stock in a transaction dated Tuesday, November 15th. The shares were sold at an average price of $99.73, for a total transaction of $62,331.25. Following the transaction, the insider now owns 41,296 shares in the company, valued at $4,118,450.08. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

Robert Fauber also recently made the following trade(s):

  • On Monday, October 31st, Robert Fauber sold 1,970 shares of Moody’s Corp. stock. The shares were sold at an average price of $101.35, for a total transaction of $199,659.50.
  • On Friday, September 30th, Robert Fauber sold 1,970 shares of Moody’s Corp. stock. The shares were sold at an average price of $108.37, for a total transaction of $213,488.90.
  • On Wednesday, August 31st, Robert Fauber sold 3,310 shares of Moody’s Corp. stock. The shares were sold at an average price of $107.90, for a total transaction of $357,149.00.

Moody’s Corp. (NYSE:MCO) traded down 0.69% during midday trading on Friday, reaching $100.50. 87,933 shares of the company were exchanged. The company has a market capitalization of $19.21 billion, a PE ratio of 21.67 and a beta of 1.36. The firm has a 50-day moving average price of $103.76 and a 200-day moving average price of $102.06. Moody’s Corp. has a 52 week low of $77.76 and a 52 week high of $110.83.

Moody’s Corp. (NYSE:MCO) last announced its quarterly earnings results on Friday, October 21st. The company reported $1.34 earnings per share for the quarter, beating analysts’ consensus estimates of $1.18 by $0.16. Moody’s Corp. had a net margin of 25.88% and a negative return on equity of 260.34%. The business earned $917.10 million during the quarter, compared to analysts’ expectations of $894.05 million. During the same period last year, the business earned $1.11 earnings per share. The business’s revenue for the quarter was up 9.8% on a year-over-year basis. Equities research analysts anticipate that Moody’s Corp. will post $4.71 earnings per share for the current fiscal year.

Insider Buying and Selling by Quarter for Moody`s Corp. (NYSE:MCO)

The business also recently declared a quarterly dividend, which will be paid on Monday, December 12th. Shareholders of record on Monday, November 21st will be given a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.46%. The ex-dividend date of this dividend is Thursday, November 17th. Moody’s Corp.’s dividend payout ratio is presently 31.97%.

Several large investors have recently made changes to their positions in the stock. Ropes Wealth Advisors LLC boosted its stake in shares of Moody’s Corp. by 614.2% in the second quarter. Ropes Wealth Advisors LLC now owns 1,407 shares of the company’s stock worth $132,000 after buying an additional 1,210 shares in the last quarter. Smithfield Trust Co. boosted its stake in shares of Moody’s Corp. by 57.3% in the third quarter. Smithfield Trust Co. now owns 1,337 shares of the company’s stock worth $145,000 after buying an additional 487 shares in the last quarter. Salem Investment Counselors Inc. bought a new stake in shares of Moody’s Corp. during the third quarter worth $162,000. Sandy Spring Bank boosted its stake in shares of Moody’s Corp. by 5,769.2% in the third quarter. Sandy Spring Bank now owns 1,526 shares of the company’s stock worth $165,000 after buying an additional 1,500 shares in the last quarter. Finally, FNY Managed Accounts LLC bought a new stake in shares of Moody’s Corp. during the second quarter worth $190,000. Institutional investors and hedge funds own 85.84% of the company’s stock.

A number of brokerages have commented on MCO. Zacks Investment Research downgraded shares of Moody’s Corp. from a “buy” rating to a “hold” rating in a research note on Wednesday, October 26th. Cantor Fitzgerald set a $105.00 target price on shares of Moody’s Corp. and gave the stock a “hold” rating in a research note on Friday, October 21st. BMO Capital Markets restated a “market perform” rating and issued a $112.00 target price (up from $104.00) on shares of Moody’s Corp. in a research note on Friday, September 30th. Barclays PLC upped their target price on shares of Moody’s Corp. from $120.00 to $125.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 21st. Finally, Argus upped their target price on shares of Moody’s Corp. from $110.00 to $124.00 and gave the stock a “buy” rating in a research note on Wednesday, August 17th. Seven analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $108.77.

Moody’s Corp. Company Profile

Moody’s Corporation (Moody’s) is a provider of credit ratings; credit, capital markets and economic related research, data and analytical tools; software solutions and related risk management services; quantitative credit risk measures, financial services training and certification services, and outsourced research and analytical services to financial institution customers.

5 Day Chart for NYSE:MCO

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