Childress Capital Advisors LLC Has $323,000 Position in Moody’s Corporation $MCO

Childress Capital Advisors LLC boosted its position in Moody’s Corporation (NYSE:MCO) by 5.6% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 644 shares of the business services provider’s stock after purchasing an additional 34 shares during the period. Childress Capital Advisors LLC’s holdings in Moody’s were worth $323,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Wolff Wiese Magana LLC increased its position in Moody’s by 1,000.0% in the 1st quarter. Wolff Wiese Magana LLC now owns 55 shares of the business services provider’s stock valued at $26,000 after acquiring an additional 50 shares during the period. Saudi Central Bank acquired a new stake in Moody’s in the first quarter valued at $30,000. ORG Partners LLC increased its holdings in Moody’s by 50.0% in the second quarter. ORG Partners LLC now owns 66 shares of the business services provider’s stock valued at $33,000 after purchasing an additional 22 shares during the period. Central Pacific Bank Trust Division increased its holdings in Moody’s by 42.9% in the second quarter. Central Pacific Bank Trust Division now owns 80 shares of the business services provider’s stock valued at $40,000 after purchasing an additional 24 shares during the period. Finally, Maryland Capital Advisors Inc. acquired a new stake in Moody’s in the second quarter valued at $47,000. Institutional investors and hedge funds own 92.11% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft set a $528.00 price target on Moody’s and gave the company a “buy” rating in a research note on Wednesday. Oppenheimer increased their target price on shares of Moody’s from $552.00 to $563.00 and gave the company an “outperform” rating in a research report on Thursday, July 24th. BMO Capital Markets increased their target price on shares of Moody’s from $509.00 to $534.00 and gave the company a “market perform” rating in a research report on Thursday, July 24th. Morgan Stanley increased their price objective on shares of Moody’s from $493.00 to $498.00 and gave the stock an “equal weight” rating in a research report on Monday, July 7th. Finally, Mizuho increased their price objective on shares of Moody’s from $496.00 to $532.00 and gave the stock a “neutral” rating in a research report on Friday, July 25th. Ten analysts have rated the stock with a Buy rating and five 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 an average target price of $541.21.

Moody’s Stock Performance

Shares of MCO stock opened at $479.95 on Thursday. The company has a market cap of $85.91 billion, a price-to-earnings ratio of 40.78, a price-to-earnings-growth ratio of 3.05 and a beta of 1.42. Moody’s Corporation has a 52 week low of $378.71 and a 52 week high of $531.93. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 1.70. The firm has a 50 day moving average of $504.66 and a 200-day moving average of $481.28.

Moody’s (NYSE:MCO) last posted its quarterly earnings results on Wednesday, July 23rd. The business services provider reported $3.56 EPS for the quarter, topping analysts’ consensus estimates of $3.39 by $0.17. The business had revenue of $1.90 billion during the quarter, compared to analysts’ expectations of $1.82 billion. Moody’s had a net margin of 29.18% and a return on equity of 60.73%. The business’s quarterly revenue was up 4.5% on a year-over-year basis. During the same period last year, the company posted $3.28 earnings per share. 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 company also recently announced a quarterly dividend, which was paid on Friday, September 5th. Stockholders of record on Friday, August 15th were paid a $0.94 dividend. The ex-dividend date was Friday, August 15th. This represents a $3.76 annualized dividend and a dividend yield of 0.8%. Moody’s’s dividend payout ratio (DPR) is currently 31.95%.

Insider Transactions at Moody’s

In other Moody’s news, insider Stephen T. Tulenko sold 2,120 shares of the firm’s stock in a transaction that occurred on Wednesday, July 30th. The stock was sold at an average price of $511.18, for a total value of $1,083,701.60. Following the completion of the sale, the insider owned 5,558 shares of the company’s stock, valued at approximately $2,841,138.44. This trade represents a 27.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Robert Fauber sold 415 shares of the firm’s stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $512.65, for a total value of $212,749.75. Following the completion of the sale, the chief executive officer directly owned 61,350 shares of the company’s stock, valued at $31,451,077.50. This trade represents a 0.67% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 9,423 shares of company stock valued at $4,812,135. Company 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.