Moody’s Corporation (NYSE:MCO) Director Ewald Kist sold 4,000 shares of the company’s stock in a transaction dated Thursday, November 16th. The stock was sold at an average price of $142.00, for a total transaction of $568,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Shares of Moody’s Corporation (NYSE:MCO) opened at $149.46 on Wednesday. Moody’s Corporation has a one year low of $93.51 and a one year high of $149.63. The stock has a market cap of $28,342.04, a PE ratio of 25.88, a P/E/G ratio of 2.63 and a beta of 1.35. The company has a debt-to-equity ratio of -32.57, a quick ratio of 1.15 and a current ratio of 1.15.

Moody’s Corporation (NYSE:MCO) last announced its quarterly earnings data on Friday, November 3rd. The business services provider reported $1.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.37 by $0.15. Moody’s Corporation had a net margin of 13.73% and a negative return on equity of 187.20%. The company had revenue of $1.06 billion during the quarter, compared to analysts’ expectations of $992.81 million. During the same quarter in the prior year, the company earned $1.34 EPS. Moody’s Corporation’s revenue was up 15.9% compared to the same quarter last year. equities analysts expect that Moody’s Corporation will post 5.94 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 12th. Investors of record on Tuesday, November 21st will be paid a dividend of $0.38 per share. The ex-dividend date is Monday, November 20th. This represents a $1.52 annualized dividend and a yield of 1.02%. Moody’s Corporation’s dividend payout ratio is presently 54.29%.

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A number of hedge funds and other institutional investors have recently made changes to their positions in MCO. Fiera Capital Corp grew its stake in Moody’s Corporation by 17.8% during the 2nd quarter. Fiera Capital Corp now owns 5,793,968 shares of the business services provider’s stock valued at $705,010,000 after acquiring an additional 876,210 shares in the last quarter. Parametric Portfolio Associates LLC grew its stake in Moody’s Corporation by 250.2% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 1,134,858 shares of the business services provider’s stock valued at $138,090,000 after acquiring an additional 810,843 shares in the last quarter. Vanguard Group Inc. grew its stake in Moody’s Corporation by 2.9% during the 2nd quarter. Vanguard Group Inc. now owns 16,203,350 shares of the business services provider’s stock valued at $1,971,623,000 after acquiring an additional 463,669 shares in the last quarter. Northwestern Mutual Investment Management Company LLC grew its stake in Moody’s Corporation by 974.4% during the 2nd quarter. Northwestern Mutual Investment Management Company LLC now owns 360,502 shares of the business services provider’s stock valued at $33,783,000 after acquiring an additional 326,947 shares in the last quarter. Finally, Balyasny Asset Management LLC grew its stake in Moody’s Corporation by 3,117.8% during the 2nd quarter. Balyasny Asset Management LLC now owns 311,771 shares of the business services provider’s stock valued at $37,936,000 after acquiring an additional 302,082 shares in the last quarter. 88.00% of the stock is owned by institutional investors.

MCO has been the subject of several research analyst reports. Cantor Fitzgerald restated a “hold” rating and set a $148.00 price target on shares of Moody’s Corporation in a research report on Sunday. UBS AG upped their price target on shares of Moody’s Corporation from $142.00 to $150.00 and gave the stock a “neutral” rating in a research report on Monday, November 6th. Credit Suisse Group upped their price target on shares of Moody’s Corporation from $137.00 to $161.00 and gave the stock a “neutral” rating in a research report on Monday, November 6th. BMO Capital Markets upped their price target on shares of Moody’s Corporation from $143.00 to $146.00 and gave the stock a “market perform” rating in a research report on Monday, November 6th. Finally, Argus upped their price target on shares of Moody’s Corporation to $165.00 and gave the stock a “buy” rating in a research report on Thursday, November 9th. Six investment analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. Moody’s Corporation presently has an average rating of “Buy” and a consensus price target of $151.89.

Moody’s Corporation 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 research and analytical services to financial institution customers.

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

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