Mn Services Vermogensbeheer B.V. Has $28.35 Million Stake in Moody's Co. (NYSE:MCO)

Mn Services Vermogensbeheer B.V. reduced its position in Moody's Co. (NYSE:MCO - Free Report) by 7.2% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 60,872 shares of the business services provider's stock after selling 4,700 shares during the period. Mn Services Vermogensbeheer B.V.'s holdings in Moody's were worth $28,347,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently added to or reduced their stakes in the company. D Orazio & Associates Inc. grew its position in shares of Moody's by 5.8% during the first quarter. D Orazio & Associates Inc. now owns 528 shares of the business services provider's stock worth $246,000 after purchasing an additional 29 shares in the last quarter. Exchange Traded Concepts LLC lifted its holdings in shares of Moody's by 50.0% in the 1st quarter. Exchange Traded Concepts LLC now owns 2,386 shares of the business services provider's stock valued at $1,111,000 after acquiring an additional 795 shares during the last quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH boosted its holdings in shares of Moody's by 7.0% in the 1st quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH now owns 5,056 shares of the business services provider's stock worth $2,355,000 after purchasing an additional 331 shares during the period. Ritholtz Wealth Management lifted its holdings in shares of Moody's by 21.4% in the 1st quarter. Ritholtz Wealth Management now owns 2,452 shares of the business services provider's stock worth $1,142,000 after acquiring an additional 432 shares during the last quarter. Finally, Raub Brock Capital Management LP purchased a new position in shares of Moody's during the first quarter valued at approximately $15,896,000. 92.11% of the stock is currently owned by institutional investors.

Moody's Trading Down 2.0%

MCO stock traded down $9.44 on Friday, hitting $471.57. 471,871 shares of the company were exchanged, compared to its average volume of 763,490. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.47 and a quick ratio of 1.67. The stock has a market capitalization of $84.84 billion, a price-to-earnings ratio of 41.84, a price-to-earnings-growth ratio of 2.87 and a beta of 1.39. The business's fifty day moving average is $461.41 and its two-hundred day moving average is $473.29. Moody's Co. has a twelve month low of $378.71 and a twelve month high of $531.93.

Moody's (NYSE:MCO - Get Free Report) last posted its earnings results on Tuesday, April 22nd. The business services provider reported $3.83 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.58 by $0.25. The business had revenue of $1.92 billion during the quarter, compared to analyst estimates of $1.90 billion. Moody's had a return on equity of 58.94% and a net margin of 29.03%. As a group, research analysts forecast that Moody's Co. will post 13.95 earnings per share for the current year.

Moody's Announces Dividend

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

Insider Activity

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

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Robert W. Baird lowered their target price on Moody's from $575.00 to $525.00 and set an "outperform" rating for the company in a report on Wednesday, April 23rd. JPMorgan Chase & Co. decreased their price objective on shares of Moody's from $585.00 to $495.00 and set an "overweight" rating for the company in a research report on Wednesday, April 16th. Wall Street Zen lowered shares of Moody's from a "buy" rating to a "hold" rating in a research report on Friday, March 7th. Stifel Nicolaus dropped their price target on shares of Moody's from $533.00 to $468.00 and set a "hold" rating on the stock in a research report on Wednesday, April 23rd. Finally, BMO Capital Markets cut their target price on shares of Moody's from $475.00 to $456.00 and set a "market perform" rating for the company in a research note on Wednesday, April 23rd. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $519.40.

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.