Moody’s (NYSE:MCO) CEO Sells $212,749.75 in Stock

Moody’s Corporation (NYSE:MCO) 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 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 trade represents a 0.67% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Robert Fauber also recently made the following trade(s):

• On Friday, August 15th, Robert Fauber sold 415 shares of Moody’s stock. The stock was sold at an average price of $521.45, for a total value of $216,401.75.
• On Tuesday, July 15th, Robert Fauber sold 415 shares of Moody’s stock. The stock was sold at an average price of $503.40, for a total value of $208,911.00.

Moody’s Stock Down 5.6%

MCO opened at $483.29 on Friday. Moody’s Corporation has a one year low of $378.71 and a one year high of $531.93. The company has a debt-to-equity ratio of 1.70, a quick ratio of 1.75 and a current ratio of 1.75. The stock’s fifty day moving average is $508.73 and its 200-day moving average is $479.96. The company has a market capitalization of $86.51 billion, a PE ratio of 41.06, a P/E/G ratio of 3.28 and a beta of 1.42.

Moody’s (NYSE:MCO) last posted its quarterly earnings data 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. Moody’s had a return on equity of 60.73% and a net margin of 29.18%.The company had revenue of $1.90 billion for the quarter, compared to the consensus estimate of $1.82 billion. During the same quarter in the previous year, the business earned $3.28 EPS. The company’s quarterly revenue was up 4.5% compared to the same quarter last year. Moody’s has set its FY 2025 guidance at 13.500-14.000 EPS. On average, equities analysts predict that Moody’s Corporation will post 13.95 EPS for the current fiscal year.

Moody’s Announces Dividend

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

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Rexford Capital Inc. purchased a new position in Moody’s in the second quarter valued at about $25,000. Newbridge Financial Services Group Inc. purchased a new position in Moody’s in the second quarter valued at about $25,000. Wolff Wiese Magana LLC grew its stake in Moody’s by 1,000.0% in the first quarter. Wolff Wiese Magana LLC now owns 55 shares of the business services provider’s stock valued at $26,000 after purchasing an additional 50 shares in the last quarter. Johnson Financial Group Inc. purchased a new position in Moody’s in the second quarter valued at about $28,000. Finally, Saudi Central Bank purchased a new position in Moody’s in the first quarter valued at about $30,000. 92.11% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the company. UBS Group boosted their target price on Moody’s from $445.00 to $515.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 8th. Morgan Stanley boosted their target price on Moody’s from $493.00 to $498.00 and gave the stock an “equal weight” rating in a research report on Monday, July 7th. Mizuho boosted their target price on Moody’s from $496.00 to $532.00 and gave the stock a “neutral” rating in a research report on Friday, July 25th. JPMorgan Chase & Co. boosted their target price on Moody’s from $495.00 to $565.00 and gave the stock an “overweight” rating in a research report on Monday, July 21st. Finally, Wells Fargo & Company boosted their target price on Moody’s from $573.00 to $595.00 and gave the stock an “overweight” rating in a research report on Thursday, July 24th. Ten equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $540.57.

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.