Capital Analysts LLC Sells 80 Shares of Moody’s Corporation $MCO

Capital Analysts LLC lessened its stake in shares of Moody’s Corporation (NYSE:MCO) by 3.2% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,395 shares of the business services provider’s stock after selling 80 shares during the period. Capital Analysts LLC’s holdings in Moody’s were worth $1,115,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MCO. Wolff Wiese Magana LLC increased its position in Moody’s by 1,000.0% during the 1st quarter. Wolff Wiese Magana LLC now owns 55 shares of the business services provider’s stock valued at $26,000 after buying an additional 50 shares in the last quarter. Golden State Wealth Management LLC boosted its stake in Moody’s by 5,050.0% during the 1st quarter. Golden State Wealth Management LLC now owns 103 shares of the business services provider’s stock valued at $48,000 after purchasing an additional 101 shares during the last quarter. Alpine Bank Wealth Management purchased a new stake in Moody’s during the 1st quarter valued at $49,000. Meeder Asset Management Inc. boosted its stake in Moody’s by 132.6% during the 1st quarter. Meeder Asset Management Inc. now owns 107 shares of the business services provider’s stock valued at $50,000 after purchasing an additional 61 shares during the last quarter. Finally, Motco boosted its stake in Moody’s by 581.3% during the 1st quarter. Motco now owns 109 shares of the business services provider’s stock valued at $51,000 after purchasing an additional 93 shares during the last quarter. Institutional investors own 92.11% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on the company. Royal Bank Of Canada reiterated an “outperform” rating and set a $550.00 target price on shares of Moody’s in a research note on Wednesday, June 4th. Mizuho increased their target price on Moody’s from $496.00 to $532.00 and gave the company a “neutral” rating in a research note on Friday, July 25th. JPMorgan Chase & Co. increased their target price on Moody’s from $495.00 to $565.00 and gave the company an “overweight” rating in a research note on Monday, July 21st. Oppenheimer increased their target price on Moody’s from $552.00 to $563.00 and gave the company an “outperform” rating in a research note on Thursday, July 24th. Finally, Robert W. Baird increased their target price on Moody’s from $525.00 to $552.00 and gave the company an “outperform” rating in a research note on Thursday, July 24th. Ten research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $538.80.

Moody’s Stock Performance

MCO stock opened at $509.7530 on Friday. The company has a market cap of $91.25 billion, a P/E ratio of 43.31, a price-to-earnings-growth ratio of 3.30 and a beta of 1.40. Moody’s Corporation has a 1 year low of $378.71 and a 1 year high of $531.93. The company has a debt-to-equity ratio of 1.70, a current ratio of 1.75 and a quick ratio of 1.75. The stock’s fifty day moving average price is $501.43 and its 200-day moving average price is $479.99.

Moody’s (NYSE:MCO) last released its quarterly earnings results on Wednesday, July 23rd. The business services provider reported $3.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.39 by $0.17. The firm had revenue of $1.90 billion for the quarter, compared to the consensus estimate of $1.82 billion. Moody’s had a return on equity of 60.73% and a net margin of 29.18%.The company’s revenue for the quarter was up 4.5% on a year-over-year basis. During the same period last year, the business posted $3.28 EPS. Moody’s has set its FY 2025 guidance at 13.500-14.000 EPS. On average, equities analysts forecast that Moody’s Corporation will post 13.95 earnings per share for the current year.

Moody’s Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, September 5th. Investors of record on Friday, August 15th will be given a dividend of $0.94 per share. The ex-dividend date is Friday, August 15th. This represents a $3.76 annualized dividend and a yield of 0.7%. Moody’s’s payout ratio is 31.95%.

Insider Activity at Moody’s

In related news, insider Stephen T. Tulenko sold 2,120 shares of Moody’s stock in a transaction on Wednesday, July 30th. The stock was sold at an average price of $511.18, for a total transaction of $1,083,701.60. Following the transaction, the insider directly owned 5,558 shares in the company, valued at approximately $2,841,138.44. The trade was a 27.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Robert Fauber sold 415 shares of Moody’s stock in a transaction on Friday, August 15th. The shares were sold at an average price of $521.45, for a total value of $216,401.75. Following the transaction, the chief executive officer owned 61,618 shares in the company, valued at $32,130,706.10. This trade represents a 0.67% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 9,008 shares of company stock valued at $4,599,385 in the last ninety days. Corporate insiders own 0.14% of the company’s stock.

Moody’s Company Profile

Moody’s Corporation operates as an integrated risk assessment firm worldwide. It operates in two segments, Moody’s Analytics and Moody’s Investors Services. The Moody’s Analytics segment develops a range of products and services that support the risk management activities of institutional participants in financial markets.