208 Shares in Moody’s Corporation $MCO Acquired by BSN CAPITAL PARTNERS Ltd

BSN CAPITAL PARTNERS Ltd bought a new position in Moody’s Corporation (NYSE:MCOFree Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 208 shares of the business services provider’s stock, valued at approximately $100,000. Moody’s comprises approximately 0.0% of BSN CAPITAL PARTNERS Ltd’s investment portfolio, making the stock its 13th biggest position.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Wolff Wiese Magana LLC lifted its holdings 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 worth $26,000 after purchasing an additional 50 shares during the last quarter. Saudi Central Bank acquired a new position in shares of Moody’s during the first quarter worth approximately $30,000. ORG Partners LLC lifted its holdings in shares of Moody’s by 50.0% during the second quarter. ORG Partners LLC now owns 66 shares of the business services provider’s stock worth $33,000 after buying an additional 22 shares during the last quarter. Central Pacific Bank Trust Division lifted its holdings in shares of Moody’s by 42.9% during the second quarter. Central Pacific Bank Trust Division now owns 80 shares of the business services provider’s stock worth $40,000 after buying an additional 24 shares during the last quarter. Finally, Maryland Capital Advisors Inc. acquired a new position in shares of Moody’s during the second quarter worth approximately $47,000. 92.11% of the stock is currently owned by institutional investors and hedge funds.

Moody’s Stock Performance

Shares of NYSE MCO opened at $484.17 on Friday. The business has a fifty day simple moving average of $501.29 and a 200 day simple moving average of $482.58. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 1.70. The firm has a market capitalization of $86.67 billion, a price-to-earnings ratio of 41.14, a PEG ratio of 3.00 and a beta of 1.41. Moody’s Corporation has a one year low of $378.71 and a one year high of $531.93.

Moody’s (NYSE:MCOGet Free Report) last issued its earnings results on Wednesday, July 23rd. The business services provider reported $3.56 EPS for the quarter, beating analysts’ consensus estimates of $3.39 by $0.17. The business had revenue of $1.90 billion during the quarter, compared to analyst estimates of $1.82 billion. Moody’s had a return on equity of 60.73% and a net margin of 29.18%.Moody’s’s revenue was up 4.5% on a year-over-year basis. During the same period in the prior year, the company posted $3.28 earnings per share. Moody’s has set its FY 2025 guidance at 13.500-14.000 EPS. Sell-side analysts expect that Moody’s Corporation will post 13.95 EPS for the current year.

Moody’s Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 5th. Shareholders of record on Friday, August 15th were paid a dividend of $0.94 per share. This represents a $3.76 annualized dividend and a yield of 0.8%. The ex-dividend date was Friday, August 15th. Moody’s’s dividend payout ratio is currently 31.95%.

Insider Activity

In other Moody’s news, insider Stephen T. Tulenko sold 2,120 shares of the 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 completion of the transaction, the insider directly owned 5,558 shares in the company, valued at $2,841,138.44. This represents a 27.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Robert Fauber sold 415 shares of the stock in a transaction on Monday, September 15th. The stock was sold at an average price of $512.65, for a total value of $212,749.75. Following the transaction, the chief executive officer owned 61,350 shares of the company’s stock, valued at $31,451,077.50. This represents a 0.67% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 9,423 shares of company stock valued at $4,812,135. 0.14% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on MCO. Oppenheimer upped their price target on Moody’s from $552.00 to $563.00 and gave the stock an “outperform” rating in a report on Thursday, July 24th. Royal Bank Of Canada reiterated an “outperform” rating and set a $550.00 price target on shares of Moody’s in a report on Thursday. UBS Group upped their price target on Moody’s from $445.00 to $515.00 and gave the stock a “neutral” rating in a report on Tuesday, July 8th. JPMorgan Chase & Co. upped their price target on Moody’s from $495.00 to $565.00 and gave the stock an “overweight” rating in a report on Monday, July 21st. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Moody’s in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, Moody’s currently has a consensus rating of “Moderate Buy” and a consensus target price of $542.79.

Get Our Latest Analysis on MCO

Moody’s Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Moody's (NYSE:MCO)

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