Moody’s Corporation $MCO Shares Bought by Mar Vista Investment Partners LLC

Mar Vista Investment Partners LLC increased its holdings in shares of Moody’s Corporation (NYSE:MCO) by 1.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 93,431 shares of the business services provider’s stock after buying an additional 909 shares during the period. Moody’s comprises approximately 3.6% of Mar Vista Investment Partners LLC’s portfolio, making the stock its 9th largest position. Mar Vista Investment Partners LLC owned 0.05% of Moody’s worth $46,864,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Saudi Central Bank acquired a new position in shares of Moody’s during the first quarter worth $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 raised its position in Moody’s by 42.9% during the 2nd quarter. Central Pacific Bank Trust Division now owns 80 shares of the business services provider’s stock worth $40,000 after purchasing an additional 24 shares during the last quarter. Maryland Capital Advisors Inc. acquired a new position in Moody’s during the 2nd quarter worth about $47,000. Finally, Meeder Asset Management Inc. lifted its holdings 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 worth $50,000 after buying an additional 61 shares during the period. 92.11% of the stock is currently owned by institutional investors and hedge funds.

Moody’s Stock Down 2.4%

Moody’s stock opened at $478.95 on Friday. The company has a market capitalization of $85.44 billion, a PE ratio of 38.50, a PEG ratio of 2.79 and a beta of 1.40. Moody’s Corporation has a 12-month low of $378.71 and a 12-month high of $531.93. The firm’s fifty day moving average is $486.68 and its 200 day moving average is $491.33. The company has a quick ratio of 1.84, a current ratio of 1.84 and a debt-to-equity ratio of 1.70.

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

Moody’s Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, December 12th. Investors of record on Friday, November 21st will be paid a dividend of $0.94 per share. This represents a $3.76 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Friday, November 21st. Moody’s’s dividend payout ratio is 30.23%.

Insider Transactions at Moody’s

In other Moody’s news, CEO Robert Fauber sold 1,167 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $478.95, for a total value of $558,934.65. Following the completion of the sale, 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 sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders sold a total of 2,569 shares of company stock valued at $1,253,848 in the last 90 days. 0.14% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Oppenheimer lifted their price objective on Moody’s from $552.00 to $563.00 and gave the stock an “outperform” rating in a research note on Thursday, July 24th. Seaport Res Ptn upgraded shares of Moody’s to a “strong-buy” rating in a research report on Wednesday, October 1st. Wall Street Zen cut shares of Moody’s from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Deutsche Bank Aktiengesellschaft set a $528.00 target price on shares of Moody’s and gave the company a “buy” rating in a report on Wednesday, October 1st. Finally, Raymond James Financial raised shares of Moody’s from an “underperform” rating to a “market perform” rating in a research report on Friday, October 17th. One equities 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. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $543.07.

About Moody’s

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.