Universal Beteiligungs und Servicegesellschaft mbH Boosts Stake in Moody’s Corporation $MCO

Universal Beteiligungs und Servicegesellschaft mbH increased its position in Moody’s Corporation (NYSE:MCO) by 11.3% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 209,870 shares of the business services provider’s stock after purchasing an additional 21,274 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.12% of Moody’s worth $105,269,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in the company. Saudi Central Bank bought a new position in Moody’s in the first quarter worth $30,000. ORG Partners LLC grew its position 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 worth $33,000 after buying an additional 22 shares during the period. Central Pacific Bank Trust Division increased its stake 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 worth $40,000 after acquiring an additional 24 shares in the last quarter. Maryland Capital Advisors Inc. purchased a new position in Moody’s during the 2nd quarter valued at about $47,000. Finally, Meeder Asset Management Inc. boosted its stake in Moody’s by 132.6% during the first quarter. Meeder Asset Management Inc. now owns 107 shares of the business services provider’s stock worth $50,000 after acquiring an additional 61 shares in the last quarter. 92.11% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Moody’s news, CEO Robert Fauber sold 1,167 shares of the business’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 in the company, valued at $29,255,223.90. The trade was a 1.87% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders sold a total of 2,569 shares of company stock worth $1,253,848 in the last three months. 0.14% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on MCO shares. Mizuho raised their target price on shares of Moody’s from $539.00 to $550.00 and gave the company a “neutral” rating in a research note on Tuesday, October 28th. Stifel Nicolaus cut their price target on Moody’s from $526.00 to $471.00 and set a “hold” rating on the stock in a research note on Thursday, October 23rd. Evercore ISI lifted their price objective on Moody’s from $531.00 to $535.00 and gave the company an “outperform” rating in a research note on Tuesday, October 14th. Wells Fargo & Company increased their target price on Moody’s from $597.00 to $620.00 and gave the stock an “overweight” rating in a research note on Thursday, October 23rd. Finally, BMO Capital Markets lowered their price target on Moody’s from $534.00 to $507.00 and set a “market perform” rating for the company in a research report on Thursday, October 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $543.07.

Moody’s Trading Down 2.4%

Moody’s stock opened at $478.95 on Friday. Moody’s Corporation has a one year low of $378.71 and a one year high of $531.93. The business’s fifty day moving average is $486.68 and its 200 day moving average is $491.33. The company has a debt-to-equity ratio of 1.70, a current ratio of 1.84 and a quick ratio of 1.84. The stock has a market capitalization of $85.44 billion, a PE ratio of 38.50, a price-to-earnings-growth ratio of 2.79 and a beta of 1.40.

Moody’s (NYSE:MCO) last announced its quarterly earnings results on Wednesday, October 22nd. The business services provider reported $3.92 EPS for the quarter, topping 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%. The business’s revenue for the quarter was up 10.7% on a year-over-year basis. During the same period in the previous year, the business posted $3.21 earnings per share. Moody’s has set its FY 2025 guidance at 14.500-14.750 EPS. On average, sell-side analysts predict that Moody’s Corporation will post 13.95 EPS for the current year.

Moody’s Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 12th. Investors of record on Friday, November 21st will be issued a $0.94 dividend. The ex-dividend date of this dividend is Friday, November 21st. This represents a $3.76 annualized dividend and a dividend yield of 0.8%. Moody’s’s payout ratio is presently 30.23%.

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.