Kintegral Advisory LLC Trims Stake in Moody’s Corporation $MCO

Kintegral Advisory LLC reduced its stake in Moody’s Corporation (NYSE:MCO) by 0.2% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 15,759 shares of the business services provider’s stock after selling 24 shares during the quarter. Kintegral Advisory LLC’s holdings in Moody’s were worth $7,905,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of MCO. Wolff Wiese Magana LLC raised its stake in shares of 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 worth $26,000 after buying an additional 50 shares during the period. Saudi Central Bank purchased a new position in Moody’s during the first quarter valued at approximately $30,000. ORG Partners LLC lifted its holdings in Moody’s by 50.0% during 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 in the last quarter. Central Pacific Bank Trust Division boosted its position in shares of Moody’s by 42.9% in the second 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 period. Finally, Maryland Capital Advisors Inc. purchased a new stake in shares of Moody’s in the second quarter worth $47,000. Institutional investors own 92.11% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on MCO shares. Robert W. Baird lifted their target price on shares of Moody’s from $525.00 to $552.00 and gave the company an “outperform” rating in a research note on Thursday, July 24th. Seaport Res Ptn upgraded Moody’s to a “strong-buy” rating in a research report on Wednesday, October 1st. BMO Capital Markets increased their target price on Moody’s from $509.00 to $534.00 and gave the stock a “market perform” rating in a research report on Thursday, July 24th. Barclays lifted their target price on Moody’s from $520.00 to $580.00 and gave the company an “overweight” rating in a research note on Thursday, July 24th. Finally, Oppenheimer upped their price target on Moody’s from $552.00 to $563.00 and gave the stock an “outperform” rating in a research note on Thursday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $542.79.

Moody’s Price Performance

NYSE:MCO opened at $484.17 on Monday. The business’s 50-day moving average is $501.29 and its 200 day moving average is $482.67. Moody’s Corporation has a 12 month low of $378.71 and a 12 month high of $531.93. The company has a market capitalization of $86.67 billion, a P/E ratio of 41.14, a P/E/G ratio of 2.98 and a beta of 1.41. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 1.70.

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

Moody’s Announces Dividend

The firm also recently disclosed 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. The ex-dividend date was Friday, August 15th. This represents a $3.76 annualized dividend and a yield of 0.8%. Moody’s’s dividend payout ratio (DPR) is 31.95%.

Insiders Place Their Bets

In other news, insider Michael L. West sold 3,704 shares of the business’s stock in a transaction dated Tuesday, July 29th. The shares were sold at an average price of $511.10, for a total value of $1,893,114.40. Following the sale, the insider directly owned 8,209 shares in the company, valued at $4,195,619.90. The trade was a 31.09% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Robert Fauber sold 415 shares of the stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $512.65, for a total transaction of $212,749.75. Following the completion of the transaction, the chief executive officer directly owned 61,350 shares of the company’s stock, valued at approximately $31,451,077.50. The trade was a 0.67% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 9,423 shares of company stock worth $4,812,135. Insiders own 0.14% of the company’s stock.

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.