Hantz Financial Services Inc. Has $2.01 Million Stock Holdings in Moody’s Corporation $MCO

Hantz Financial Services Inc. decreased its holdings in Moody’s Corporation (NYSE:MCO) by 7.5% in the second quarter, HoldingsChannel reports. The institutional investor owned 4,008 shares of the business services provider’s stock after selling 323 shares during the period. Hantz Financial Services Inc.’s holdings in Moody’s were worth $2,010,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the business. Arkadios Wealth Advisors raised its stake in shares of Moody’s by 5.0% in the 2nd quarter. Arkadios Wealth Advisors now owns 964 shares of the business services provider’s stock valued at $484,000 after buying an additional 46 shares in the last quarter. World Investment Advisors acquired a new position in shares of Moody’s in the 2nd quarter valued at $201,000. Bank of Jackson Hole Trust acquired a new position in shares of Moody’s in the 2nd quarter valued at $100,000. New York Life Investment Management LLC raised its stake in shares of Moody’s by 1.1% in the 2nd quarter. New York Life Investment Management LLC now owns 23,196 shares of the business services provider’s stock valued at $11,635,000 after buying an additional 252 shares in the last quarter. Finally, Howard Capital Management Inc. raised its stake in shares of Moody’s by 15.0% in the 2nd quarter. Howard Capital Management Inc. now owns 997 shares of the business services provider’s stock valued at $500,000 after buying an additional 130 shares in the last quarter. Institutional investors and hedge funds own 92.11% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on MCO. Stifel Nicolaus lowered their target price on shares of Moody’s from $526.00 to $471.00 and set a “hold” rating on the stock in a report on Thursday, October 23rd. Mizuho upped their target price on shares of Moody’s from $539.00 to $550.00 and gave the stock a “neutral” rating in a report on Tuesday. Robert W. Baird upped their target price on shares of Moody’s from $525.00 to $552.00 and gave the stock an “outperform” rating in a report on Thursday, July 24th. Wells Fargo & Company upped their target price on shares of Moody’s from $597.00 to $620.00 and gave the stock an “overweight” rating in a report on Thursday, October 23rd. Finally, Seaport Res Ptn raised shares of Moody’s to a “strong-buy” rating in a report on Wednesday, October 1st. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, Moody’s presently has a consensus rating of “Moderate Buy” and a consensus price target of $543.07.

Moody’s Stock Up 0.4%

Shares of NYSE:MCO opened at $480.72 on Friday. Moody’s Corporation has a 12 month low of $378.71 and a 12 month high of $531.93. The company’s 50-day moving average price is $490.45 and its two-hundred day moving average price is $487.11. The company has a quick ratio of 1.84, a current ratio of 1.84 and a debt-to-equity ratio of 1.70. The firm has a market cap of $85.76 billion, a P/E ratio of 38.64, a P/E/G ratio of 2.79 and a beta of 1.41.

Moody’s (NYSE:MCO) last issued its quarterly earnings data 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 firm had revenue of $2.01 billion for the quarter, compared to analyst estimates of $1.92 billion. During the same quarter in the prior year, the firm earned $3.21 EPS. The company’s 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, research analysts forecast that Moody’s Corporation will post 13.95 EPS for the current fiscal year.

Moody’s Dividend Announcement

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

Insider Buying and Selling

In other news, CEO Robert Fauber sold 546 shares of the firm’s stock in a transaction dated Tuesday, October 28th. The shares were sold at an average price of $493.90, for a total value of $269,669.40. Following the transaction, the chief executive officer owned 61,082 shares of the company’s stock, valued at approximately $30,168,399.80. This trade represents a 0.89% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Over the last 90 days, insiders have sold 1,817 shares of company stock worth $911,315. 0.14% of the stock is owned by corporate insiders.

Moody’s 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.