Moody’s Corporation $MCO Shares Sold by Blair William & Co. IL

Blair William & Co. IL lowered its stake in shares of Moody’s Corporation (NYSE:MCO) by 41.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 25,805 shares of the business services provider’s stock after selling 17,940 shares during the quarter. Blair William & Co. IL’s holdings in Moody’s were worth $12,944,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. TFR Capital LLC. raised its holdings in Moody’s by 1.5% during the second quarter. TFR Capital LLC. now owns 4,321 shares of the business services provider’s stock worth $2,167,000 after purchasing an additional 63 shares in the last quarter. US Bancorp DE increased its holdings in shares of Moody’s by 2.3% in the 2nd quarter. US Bancorp DE now owns 26,073 shares of the business services provider’s stock valued at $13,078,000 after acquiring an additional 596 shares during the period. Maryland State Retirement & Pension System increased its holdings in shares of Moody’s by 2.3% in the 2nd quarter. Maryland State Retirement & Pension System now owns 7,556 shares of the business services provider’s stock valued at $3,790,000 after acquiring an additional 167 shares during the period. Ignite Planners LLC acquired a new position in shares of Moody’s in the 2nd quarter valued at $217,000. Finally, Dohj LLC acquired a new position in shares of Moody’s in the 2nd quarter valued at $342,000. Institutional investors and hedge funds own 92.11% of the company’s stock.

Insider Activity at Moody’s

In other Moody’s news, CFO Noemie Clemence Heuland sold 897 shares of the business’s stock in a transaction on Tuesday, July 29th. The shares were sold at an average price of $508.24, for a total transaction of $455,891.28. Following the sale, the chief financial officer directly owned 2,148 shares in the company, valued at approximately $1,091,699.52. The trade was a 29.46% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Robert Fauber sold 415 shares of the business’s stock in a transaction on Monday, September 15th. The stock was sold at an average price of $512.65, for a total transaction of $212,749.75. Following the sale, the chief executive officer owned 61,350 shares in the company, valued at $31,451,077.50. The trade was a 0.67% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 9,423 shares of company stock worth $4,812,135. 0.14% of the stock is currently owned by insiders.

Moody’s Stock Performance

Shares of MCO opened at $484.17 on Friday. The stock has a market capitalization of $86.67 billion, a P/E ratio of 41.14, a P/E/G ratio of 3.05 and a beta of 1.41. Moody’s Corporation has a 1 year low of $378.71 and a 1 year high of $531.93. The company’s fifty day moving average is $501.29 and its two-hundred day moving average is $482.49. The company has a debt-to-equity ratio of 1.70, a quick ratio of 1.75 and a current ratio of 1.75.

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

Moody’s Announces Dividend

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

Analyst Upgrades and Downgrades

MCO has been the topic of a number of recent research reports. Seaport Res Ptn raised shares of Moody’s to a “strong-buy” rating in a report on Wednesday, October 1st. Morgan Stanley set a $520.00 target price on shares of Moody’s in a report on Thursday. BMO Capital Markets lifted their target price on shares of Moody’s from $509.00 to $534.00 and gave the company a “market perform” rating in a report on Thursday, July 24th. UBS Group boosted their price objective on shares of Moody’s from $445.00 to $515.00 and gave the company a “neutral” rating in a research note on Tuesday, July 8th. Finally, Barclays boosted their price objective on shares of Moody’s from $520.00 to $580.00 and gave the company an “overweight” rating in a research note on Thursday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Moody’s has an average rating of “Moderate Buy” and an average target price of $542.79.

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.