Yousif Capital Management LLC Sells 1,022 Shares of Moody’s Corporation $MCO

Yousif Capital Management LLC trimmed its holdings in shares of Moody’s Corporation (NYSE:MCO) by 5.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 17,529 shares of the business services provider’s stock after selling 1,022 shares during the period. Yousif Capital Management LLC’s holdings in Moody’s were worth $8,352,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in MCO. Boston Trust Walden Corp boosted its holdings in Moody’s by 0.3% in the second quarter. Boston Trust Walden Corp now owns 7,400 shares of the business services provider’s stock worth $3,712,000 after acquiring an additional 20 shares in the last quarter. VestGen Advisors LLC raised its position in shares of Moody’s by 2.0% in the 2nd quarter. VestGen Advisors LLC now owns 1,097 shares of the business services provider’s stock worth $550,000 after purchasing an additional 21 shares during the last quarter. ORG Partners LLC raised its position in shares of Moody’s by 50.0% in the 2nd quarter. ORG Partners LLC now owns 66 shares of the business services provider’s stock worth $33,000 after purchasing an additional 22 shares during the last quarter. McLean Asset Management Corp boosted its stake in Moody’s by 3.1% in the 2nd quarter. McLean Asset Management Corp now owns 762 shares of the business services provider’s stock worth $379,000 after purchasing an additional 23 shares in the last quarter. Finally, Fiduciary Financial Group LLC grew its position in Moody’s by 3.4% during the 3rd quarter. Fiduciary Financial Group LLC now owns 693 shares of the business services provider’s stock valued at $330,000 after purchasing an additional 23 shares during the last quarter. Hedge funds and other institutional investors own 92.11% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. JPMorgan Chase & Co. decreased their target price on shares of Moody’s from $580.00 to $560.00 and set an “overweight” rating for the company in a report on Thursday, October 23rd. Deutsche Bank Aktiengesellschaft set a $528.00 price objective on shares of Moody’s and gave the stock a “buy” rating in a report on Wednesday, October 1st. Morgan Stanley set a $520.00 price objective on Moody’s in a research report on Thursday, October 9th. Raymond James Financial raised Moody’s from an “underperform” rating to a “market perform” rating in a report on Friday, October 17th. Finally, Mizuho boosted their price target on Moody’s from $539.00 to $550.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 28th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, Moody’s currently has an average rating of “Moderate Buy” and a consensus price target of $543.40.

Insider Buying and Selling at Moody’s

In related news, CEO Robert Fauber sold 1,167 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $478.95, for a total value of $558,934.65. Following the transaction, the chief executive officer owned 61,082 shares of the company’s stock, valued at approximately $29,255,223.90. This trade represents a 1.87% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In the last quarter, insiders have sold 2,154 shares of company stock valued at $1,041,098. 0.14% of the stock is owned by corporate insiders.

Moody’s Trading Up 1.1%

NYSE:MCO opened at $515.11 on Wednesday. The company has a market cap of $91.90 billion, a PE ratio of 41.41, a price-to-earnings-growth ratio of 2.88 and a beta of 1.45. The company has a current ratio of 1.84, a quick ratio of 1.84 and a debt-to-equity ratio of 1.70. The company has a 50 day simple moving average of $485.67 and a two-hundred day simple moving average of $493.61. Moody’s Corporation has a 12 month low of $378.71 and a 12 month high of $531.93.

Moody’s (NYSE:MCO) last released its quarterly earnings results on Wednesday, October 22nd. The business services provider reported $3.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.70 by $0.22. The firm had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $1.92 billion. Moody’s had a return on equity of 63.58% and a net margin of 29.92%.The company’s revenue for the quarter was up 10.7% on a year-over-year basis. During the same period last year, the business posted $3.21 EPS. Moody’s has set its FY 2025 guidance at 14.500-14.750 EPS. Research analysts forecast that Moody’s Corporation will post 13.95 earnings per share for the current year.

Moody’s Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 12th. Stockholders of record on Friday, November 21st were given a dividend of $0.94 per share. The ex-dividend date of this dividend was Friday, November 21st. This represents a $3.76 annualized dividend and a dividend yield of 0.7%. Moody’s’s dividend payout ratio is presently 30.23%.

Moody’s Company Profile

Moody’s Corporation is a global provider of credit ratings, research, data and analytics that support financial decision-making and transparency in capital markets. The company traces its origins to the early 20th century when financial analyst John Moody began publishing credit information; today Moody’s is headquartered in New York and serves a broad set of market participants including investors, issuers, financial institutions, corporations, governments and regulators.

Moody’s operates primarily through two complementary businesses.