Moody’s Corporation $MCO Shares Acquired by Advisory Alpha LLC

Advisory Alpha LLC grew its stake in Moody’s Corporation (NYSE:MCO) by 19.2% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 2,119 shares of the business services provider’s stock after purchasing an additional 342 shares during the period. Advisory Alpha LLC’s holdings in Moody’s were worth $1,063,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Saudi Central Bank acquired a new position in shares of Moody’s in the 1st quarter valued at about $30,000. ORG Partners LLC lifted its holdings in shares of Moody’s by 50.0% in the 2nd quarter. ORG Partners LLC now owns 66 shares of the business services provider’s stock valued at $33,000 after buying an additional 22 shares during the period. Central Pacific Bank Trust Division lifted its holdings in shares of Moody’s by 42.9% in the 2nd quarter. Central Pacific Bank Trust Division now owns 80 shares of the business services provider’s stock valued at $40,000 after buying an additional 24 shares during the period. Maryland Capital Advisors Inc. acquired a new position in shares of Moody’s in the 2nd quarter valued at about $47,000. Finally, Golden State Wealth Management LLC lifted its holdings in shares of Moody’s by 5,050.0% in the 1st quarter. Golden State Wealth Management LLC now owns 103 shares of the business services provider’s stock valued at $48,000 after buying an additional 101 shares during the period. Institutional investors and hedge funds own 92.11% of the company’s stock.

Insider Buying and Selling

In other Moody’s news, CEO Robert Fauber sold 415 shares of the business’s stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $481.09, for a total transaction of $199,652.35. Following the completion of the sale, the chief executive officer directly owned 61,082 shares in the company, valued at approximately $29,385,939.38. The trade was a 0.67% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last ninety days, insiders sold 1,245 shares of company stock worth $628,804. 0.14% of the stock is currently owned by insiders.

Moody’s Stock Performance

NYSE MCO opened at $491.09 on Wednesday. The stock has a market capitalization of $87.61 billion, a price-to-earnings ratio of 39.48, a PEG ratio of 2.93 and a beta of 1.41. Moody’s Corporation has a twelve month low of $378.71 and a twelve month high of $531.93. The company has a current ratio of 1.84, a quick ratio of 1.84 and a debt-to-equity ratio of 1.70. The stock has a 50-day moving average of $492.64 and a 200 day moving average of $486.57.

Moody’s (NYSE:MCO) last posted its quarterly earnings data on Wednesday, October 22nd. The business services provider reported $3.92 EPS for the quarter, topping the consensus estimate of $3.70 by $0.22. Moody’s had a return on equity of 63.58% and a net margin of 29.92%.The company had revenue of $2.01 billion during the quarter, compared to analyst estimates of $1.92 billion. During the same period in the previous year, the business earned $3.21 EPS. Moody’s’s quarterly 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. Sell-side analysts anticipate that Moody’s Corporation will post 13.95 EPS for the current fiscal year.

Moody’s Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 12th. Shareholders of record on Friday, November 21st will be 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 is Friday, November 21st. Moody’s’s payout ratio is 30.23%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on MCO shares. Royal Bank Of Canada reissued an “outperform” rating and issued a $550.00 price objective on shares of Moody’s in a report on Thursday, October 9th. JPMorgan Chase & Co. reduced their price target on Moody’s from $580.00 to $560.00 and set an “overweight” rating for the company in a report on Thursday, October 23rd. Evercore ISI upped their price target on Moody’s from $531.00 to $535.00 and gave the stock an “outperform” rating in a report on Tuesday, October 14th. Mizuho upped their price target on Moody’s from $539.00 to $550.00 and gave the stock a “neutral” rating in a report on Tuesday. Finally, Stifel Nicolaus reduced their price target on Moody’s from $526.00 to $471.00 and set a “hold” rating for the company in a report on Thursday, October 23rd. One equities research 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 stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $543.07.

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.