Nykredit A S Makes New Investment in Moody’s Corporation $MCO

Nykredit A S bought a new stake in Moody’s Corporation (NYSE:MCO) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 83,672 shares of the business services provider’s stock, valued at approximately $37,897,000.

A number of other hedge funds have also made changes to their positions in MCO. Newbridge Financial Services Group Inc. acquired a new position in shares of Moody’s during the 2nd quarter worth $25,000. Birchwood Financial Partners Inc. acquired a new stake in Moody’s in the 4th quarter valued at about $26,000. Nalls Sherbakoff Group LLC purchased a new position in Moody’s during the 4th quarter valued at about $27,000. Wilkerson Advisory Group LLC increased its holdings in Moody’s by 87.1% during the 1st quarter. Wilkerson Advisory Group LLC now owns 58 shares of the business services provider’s stock valued at $25,000 after acquiring an additional 27 shares in the last quarter. Finally, Whipplewood Advisors LLC raised its position in Moody’s by 1,866.7% during the first quarter. Whipplewood Advisors LLC now owns 59 shares of the business services provider’s stock worth $26,000 after acquiring an additional 56 shares during the last quarter. Hedge funds and other institutional investors own 92.11% of the company’s stock.

Moody’s Stock Performance

Shares of MCO opened at $503.60 on Friday. The company has a debt-to-equity ratio of 2.01, a quick ratio of 1.19 and a current ratio of 1.19. The company has a market capitalization of $87.22 billion, a price-to-earnings ratio of 31.93, a PEG ratio of 2.57 and a beta of 1.34. The company’s 50 day simple moving average is $489.09 and its 200 day simple moving average is $462.42. Moody’s Corporation has a 1 year low of $402.28 and a 1 year high of $546.88.

Moody’s (NYSE:MCO) last released its earnings results on Wednesday, July 22nd. The business services provider reported $4.68 EPS for the quarter, topping the consensus estimate of $4.26 by $0.42. The firm had revenue of $2.19 billion during the quarter, compared to analysts’ expectations of $2.09 billion. Moody’s had a net margin of 34.25% and a return on equity of 80.35%. Moody’s’s revenue for the quarter was up 15.1% on a year-over-year basis. During the same period in the previous year, the company earned $3.56 EPS. Moody’s has set its FY 2026 guidance at 16.500-17.000 EPS. On average, sell-side analysts predict that Moody’s Corporation will post 16.89 EPS for the current year.

Moody’s Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Friday, August 14th will be given a $1.03 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 0.8%. Moody’s’s payout ratio is currently 26.13%.

Analyst Ratings Changes

Several analysts have issued reports on the stock. Rothschild & Co Redburn set a $500.00 price target on shares of Moody’s in a report on Thursday, June 18th. Weiss Ratings raised shares of Moody’s from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, July 15th. Jefferies Financial Group began coverage on Moody’s in a research note on Friday, July 17th. They issued a “buy” rating and a $610.00 target price on the stock. Mizuho increased their target price on Moody’s from $521.00 to $530.00 and gave the company a “neutral” rating in a report on Monday, July 27th. Finally, Robert W. Baird increased their target price on Moody’s from $557.00 to $572.00 and gave the company an “outperform” rating in a report on Thursday, July 23rd. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, Moody’s currently has a consensus rating of “Moderate Buy” and a consensus target price of $553.61.

Insider Activity at Moody’s

In related news, CEO Robert Fauber sold 1,467 shares of the company’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $484.30, for a total value of $710,468.10. Following the completion of the transaction, the chief executive officer directly owned 51,964 shares in the company, valued at approximately $25,166,165.20. This represents a 2.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.14% of the stock is currently owned by corporate insiders.

Moody’s Profile

Moody’s Corporation is a global provider of credit ratings, research, data and analytics that support financial decision-making and transparency in capital markets. The company traces its origins to the early 20th century when financial analyst John Moody began publishing credit information; today Moody’s is headquartered in New York and serves a broad set of market participants including investors, issuers, financial institutions, corporations, governments and regulators.

Moody’s operates primarily through two complementary businesses.