AlphaGrep UK Ltd Has $352,000 Stock Position in Moody's Corporation $MCO

AlphaGrep UK Ltd lessened its holdings in shares of Moody's Corporation (NYSE:MCO - Free Report) by 89.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 778 shares of the business services provider's stock after selling 6,351 shares during the quarter. AlphaGrep UK Ltd's holdings in Moody's were worth $352,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in MCO. Wilkerson Advisory Group LLC boosted its stake in shares of 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 buying an additional 27 shares during the period. Newbridge Financial Services Group Inc. purchased a new position in shares of Moody's during the 2nd quarter valued at $25,000. Whipplewood Advisors LLC increased its stake in shares of Moody's by 1,866.7% in 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. Birchwood Financial Partners Inc. purchased a new stake in shares of Moody's during the fourth quarter worth $26,000. Finally, Nalls Sherbakoff Group LLC purchased a new stake in shares of Moody's during the fourth quarter worth $27,000. Institutional investors and hedge funds own 92.11% of the company's stock.

Insider Buying and Selling at Moody's

In related news, CEO Robert Fauber sold 1,467 shares of the stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $484.30, for a total transaction of $710,468.10. Following the completion of the sale, the chief executive officer owned 51,964 shares in the company, valued at $25,166,165.20. This represents a 2.75% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.14% of the company's stock.

Analysts Set New Price Targets

MCO has been the subject of a number of recent research reports. Robert W. Baird raised their price target on Moody's from $557.00 to $572.00 and gave the stock an "outperform" rating in a research note on Thursday, July 23rd. Mizuho boosted their price target on Moody's from $521.00 to $530.00 and gave the company a "neutral" rating in a research note on Monday, July 27th. Jefferies Financial Group started coverage on Moody's in a report on Friday, July 17th. They issued a "buy" rating and a $610.00 price objective on the stock. Weiss Ratings raised shares of Moody's from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Wednesday, July 15th. Finally, BMO Capital Markets lifted their target price on shares of Moody's from $489.00 to $515.00 and gave the company a "market perform" rating in a research note on Tuesday, July 7th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $553.61.

Moody's Trading Down 0.1%

NYSE:MCO opened at $493.26 on Tuesday. Moody's Corporation has a 12 month low of $402.28 and a 12 month high of $546.88. The firm has a market cap of $85.43 billion, a price-to-earnings ratio of 31.28, a P/E/G ratio of 2.58 and a beta of 1.34. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 2.01. The company's 50 day moving average is $490.77 and its 200-day moving average is $463.38.

Moody's (NYSE:MCO - Get Free Report) last posted its quarterly earnings data on Wednesday, July 22nd. The business services provider reported $4.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.26 by $0.42. Moody's had a net margin of 34.25% and a return on equity of 80.35%. The business had revenue of $2.19 billion during the quarter, compared to the consensus estimate of $2.09 billion. During the same period in the prior year, the firm earned $3.56 EPS. Moody's's quarterly revenue was up 15.1% compared to the same quarter last year. Moody's has set its FY 2026 guidance at 16.500-17.000 EPS. Equities analysts anticipate that Moody's Corporation will post 16.89 EPS for the current year.

Moody's Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 4th. Investors of record on Friday, August 14th were given a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Friday, August 14th. Moody's's payout ratio is currently 26.13%.

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.

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