2,125 Shares in Moody's Corporation $MCO Bought by Stableford Capital II LLC

Key Points

• Stableford Capital II LLC acquired 2,125 shares of Moody's Corporation valued at approximately $1,090,000, marking a new investment in the company.
• The stock trading at $478.32 has seen a market cap of $85.62 billion, with a PE ratio of 40.64 and an annual dividend of $3.76 reflecting a yield of 0.8%.
• Moody's reported a quarterly EPS of $3.56, exceeding expectations, along with a revenue growth of 4.5% year-over-year, prompting strong ratings and price targets from analysts.

Stableford Capital II LLC bought a new stake in Moody's Corporation (NYSE:MCO - Free Report) during the second quarter, according to its most recent filing with the SEC. The firm bought 2,125 shares of the business services provider's stock, valued at approximately $1,090,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of MCO. Nuveen LLC acquired a new stake in shares of Moody's in the first quarter worth $328,595,000. Goldman Sachs Group Inc. boosted its holdings in Moody's by 21.0% in 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 purchasing an additional 265,389 shares during the period. PineStone Asset Management Inc. grew its position in Moody's by 10.3% in the 2nd quarter. PineStone Asset Management Inc. now owns 2,311,020 shares of the business services provider's stock worth $1,159,185,000 after purchasing an additional 215,551 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of Moody's by 70.0% during the 1st quarter. Envestnet Asset Management Inc. now owns 447,444 shares of the business services provider's stock worth $208,370,000 after purchasing an additional 184,297 shares during the period. Finally, Acadian Asset Management LLC raised its position in shares of Moody's by 29.9% during the first quarter. Acadian Asset Management LLC now owns 634,762 shares of the business services provider's stock valued at $295,570,000 after buying an additional 146,141 shares during the last quarter. Institutional investors and hedge funds own 92.11% of the company's stock.

Moody's Trading Down 0.6%

Shares of MCO opened at $478.32 on Thursday. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 1.70. The stock has a market cap of $85.62 billion, a PE ratio of 40.64, a PEG ratio of 2.96 and a beta of 1.41. Moody's Corporation has a 1 year low of $378.71 and a 1 year high of $531.93. The stock has a 50 day simple moving average of $498.86 and a 200-day simple moving average of $482.71.

Moody's (NYSE:MCO - Get Free Report) last announced its quarterly earnings results on Wednesday, July 23rd. The business services provider reported $3.56 EPS for the quarter, beating the consensus estimate of $3.39 by $0.17. Moody's had a return on equity of 60.73% and a net margin of 29.18%.The business had revenue of $1.90 billion for the quarter, compared to analyst estimates of $1.82 billion. During the same quarter in the previous year, the firm earned $3.28 EPS. Moody's's quarterly revenue was up 4.5% on a year-over-year basis. Moody's has set its FY 2025 guidance at 13.500-14.000 EPS. On average, sell-side analysts predict that Moody's Corporation will post 13.95 EPS for the current fiscal year.

Moody's Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 5th. Shareholders of record on Friday, August 15th were given a $0.94 dividend. The ex-dividend date was Friday, August 15th. This represents a $3.76 dividend on an annualized basis and a yield of 0.8%. Moody's's payout ratio is 31.95%.

Insider Buying and Selling

In other Moody's news, insider Michael L. West sold 3,704 shares of Moody's stock in a transaction on Tuesday, July 29th. The stock was sold at an average price of $511.10, for a total value of $1,893,114.40. Following the completion of the transaction, the insider owned 8,209 shares in the company, valued at approximately $4,195,619.90. The trade was a 31.09% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Robert Fauber sold 415 shares of the business's stock in a transaction on Monday, September 15th. The stock was sold at an average price of $512.65, for a total value of $212,749.75. Following the completion of the transaction, the chief executive officer directly owned 61,350 shares in the company, valued at approximately $31,451,077.50. This represents a 0.67% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 9,008 shares of company stock valued at $4,603,224 in the last ninety days. 0.14% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

MCO has been the topic of a number of recent research reports. Wells Fargo & Company lifted their target price on Moody's from $595.00 to $597.00 and gave the stock an "overweight" rating in a research report on Friday, September 19th. Deutsche Bank Aktiengesellschaft set a $528.00 price objective on Moody's and gave the stock a "buy" rating in a research report on Wednesday, October 1st. Morgan Stanley set a $520.00 price objective on Moody's in a research report on Thursday, October 9th. Weiss Ratings restated a "buy (b-)" rating on shares of Moody's in a research note on Wednesday, October 8th. Finally, Mizuho lifted their price target on shares of Moody's from $496.00 to $532.00 and gave the stock a "neutral" rating in a research note on Friday, July 25th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and five have given a Hold rating to the company's stock. Based on data from MarketBeat, Moody's presently has an average rating of "Moderate Buy" and an average price target of $543.27.

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.

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