618 Shares in Moody's Corporation (NYSE:MCO) Bought by Lion Street Advisors LLC

Lion Street Advisors LLC bought a new position in shares of Moody's Corporation (NYSE:MCO - Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 618 shares of the business services provider's stock, valued at approximately $288,000.

A number of other large investors have also recently added to or reduced their stakes in the business. OFI Invest Asset Management acquired a new position in shares of Moody's in the fourth quarter worth about $41,000. Larson Financial Group LLC boosted its position in shares of Moody's by 80.6% in the fourth quarter. Larson Financial Group LLC now owns 121 shares of the business services provider's stock worth $57,000 after buying an additional 54 shares during the period. Mizuho Bank Ltd. acquired a new stake in shares of Moody's in the fourth quarter worth $66,000. Vision Financial Markets LLC acquired a new stake in Moody's during the 4th quarter worth about $67,000. Finally, Whipplewood Advisors LLC acquired a new stake in Moody's during the 4th quarter worth about $73,000. 92.11% of the stock is currently owned by institutional investors.

Moody's Stock Down 0.1%

Shares of NYSE:MCO traded down $0.65 on Friday, reaching $469.86. The company had a trading volume of 799,251 shares, compared to its average volume of 760,531. Moody's Corporation has a twelve month low of $378.71 and a twelve month high of $531.93. The stock has a 50-day moving average price of $466.06 and a 200 day moving average price of $472.38. The stock has a market capitalization of $84.53 billion, a P/E ratio of 40.57, a P/E/G ratio of 2.70 and a beta of 1.39. The company has a quick ratio of 1.56, a current ratio of 1.57 and a debt-to-equity ratio of 1.77.

Moody's (NYSE:MCO - Get Free Report) last announced its quarterly earnings results on Tuesday, April 22nd. The business services provider reported $3.83 earnings per share for the quarter, topping analysts' consensus estimates of $3.58 by $0.25. The company had revenue of $1.92 billion during the quarter, compared to analysts' expectations of $1.90 billion. Moody's had a return on equity of 60.37% and a net margin of 29.15%. On average, equities analysts expect that Moody's Corporation will post 13.95 EPS for the current year.

Moody's Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 6th. Stockholders of record on Friday, May 16th were given a dividend of $0.94 per share. This represents a $3.76 dividend on an annualized basis and a dividend yield of 0.80%. The ex-dividend date was Friday, May 16th. Moody's's dividend payout ratio is currently 32.47%.

Analyst Upgrades and Downgrades

MCO has been the subject of several research reports. Wall Street Zen cut shares of Moody's from a "buy" rating to a "hold" rating in a report on Friday, March 7th. Royal Bank Of Canada restated an "outperform" rating and set a $550.00 price target on shares of Moody's in a report on Wednesday, June 4th. Barclays decreased their target price on shares of Moody's from $570.00 to $520.00 and set an "overweight" rating for the company in a research note on Friday, April 4th. Wells Fargo & Company decreased their target price on shares of Moody's from $610.00 to $572.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. Finally, Oppenheimer lifted their target price on shares of Moody's from $489.00 to $523.00 and gave the company an "outperform" rating in a research note on Thursday, June 5th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $519.40.

Insider Activity

In related news, CEO Robert Fauber sold 415 shares of the company's stock in a transaction on Tuesday, April 15th. The stock was sold at an average price of $437.80, for a total value of $181,687.00. Following the completion of the transaction, the chief executive officer now directly owns 62,690 shares in the company, valued at approximately $27,445,682. This represents a 0.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.14% of the stock is owned by company insiders.

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.