Moody’s Corporation $MCO Shares Bought by Titan Global Capital Management USA LLC

Titan Global Capital Management USA LLC raised its position in Moody’s Corporation (NYSE:MCO) by 9.1% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 11,545 shares of the business services provider’s stock after buying an additional 967 shares during the period. Moody’s comprises 0.9% of Titan Global Capital Management USA LLC’s investment portfolio, making the stock its 25th biggest position. Titan Global Capital Management USA LLC’s holdings in Moody’s were worth $5,791,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Vanguard Group Inc. increased its stake in shares of Moody’s by 0.8% in the 1st quarter. Vanguard Group Inc. now owns 14,815,629 shares of the business services provider’s stock valued at $6,899,490,000 after purchasing an additional 119,548 shares in the last quarter. PineStone Asset Management Inc. grew its holdings in Moody’s by 10.3% in the second quarter. PineStone Asset Management Inc. now owns 2,311,020 shares of the business services provider’s stock valued at $1,159,185,000 after purchasing an additional 215,551 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Moody’s by 3.8% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,651,495 shares of the business services provider’s stock valued at $769,085,000 after buying an additional 60,816 shares in the last quarter. Massachusetts Financial Services Co. MA raised its stake in shares of Moody’s by 9.7% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 1,586,672 shares of the business services provider’s stock worth $738,897,000 after buying an additional 140,128 shares during the period. Finally, Goldman Sachs Group Inc. lifted its position in shares of Moody’s by 21.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,530,582 shares of the business services provider’s stock valued at $712,777,000 after buying an additional 265,389 shares in the last quarter. 92.11% of the stock is owned by hedge funds and other institutional investors.

Moody’s Stock Performance

Shares of Moody’s stock opened at $487.81 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 1.84 and a current ratio of 1.84. The business’s 50 day moving average price is $487.99 and its 200 day moving average price is $489.24. The company has a market cap of $87.03 billion, a price-to-earnings ratio of 39.21, a PEG ratio of 2.79 and a beta of 1.40.

Moody’s (NYSE:MCO) last announced its quarterly earnings data on Wednesday, October 22nd. The business services provider reported $3.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.70 by $0.22. The firm had revenue of $2.01 billion during the quarter, compared to analyst estimates of $1.92 billion. Moody’s had a net margin of 29.92% and a return on equity of 63.58%. Moody’s’s quarterly revenue was up 10.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.21 earnings per share. Moody’s has set its FY 2025 guidance at 14.500-14.750 EPS. On average, research analysts predict that Moody’s Corporation will post 13.95 EPS for the current year.

Moody’s Dividend Announcement

The firm also recently announced 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. The ex-dividend date of this dividend is Friday, November 21st. This represents a $3.76 annualized dividend and a yield of 0.8%. Moody’s’s dividend payout ratio (DPR) is 30.23%.

Analysts Set New Price Targets

A number of research firms have weighed in on MCO. JPMorgan Chase & Co. reduced their price objective on shares of Moody’s from $580.00 to $560.00 and set an “overweight” rating for the company in a research report on Thursday, October 23rd. Oppenheimer upped their price target on shares of Moody’s from $552.00 to $563.00 and gave the stock an “outperform” rating in a research report on Thursday, July 24th. Evercore ISI lifted their price objective on Moody’s from $531.00 to $535.00 and gave the stock an “outperform” rating in a report on Tuesday, October 14th. Wall Street Zen cut Moody’s from a “buy” rating to a “hold” rating in a report on Saturday. Finally, Mizuho lifted their price target on Moody’s from $539.00 to $550.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 28th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, Moody’s has an average rating of “Moderate Buy” and a consensus target price of $543.07.

Insider Buying and Selling

In related news, CEO Robert Fauber sold 1,167 shares of the firm’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $478.95, for a total transaction of $558,934.65. Following the completion of the sale, the chief executive officer directly owned 61,082 shares of the company’s stock, valued at approximately $29,255,223.90. This trade represents a 1.87% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders sold a total of 2,984 shares of company stock valued at $1,470,249 in the last quarter. 0.14% of the stock is owned by insiders.

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.