Moody's Corporation (NYSE:MCO) Shares Purchased by Roundview Capital LLC

Roundview Capital LLC grew its holdings in Moody's Corporation (NYSE:MCO - Free Report) by 4.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 10,889 shares of the business services provider's stock after acquiring an additional 508 shares during the quarter. Roundview Capital LLC's holdings in Moody's were worth $5,071,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the company. Geode Capital Management LLC raised its position in Moody's by 1.9% during the fourth quarter. Geode Capital Management LLC now owns 3,680,799 shares of the business services provider's stock valued at $1,738,645,000 after acquiring an additional 68,627 shares in the last quarter. Norges Bank purchased a new position in Moody's during the fourth quarter valued at approximately $988,750,000. Northern Trust Corp raised its position in Moody's by 20.5% during the fourth quarter. Northern Trust Corp now owns 1,776,729 shares of the business services provider's stock valued at $841,050,000 after acquiring an additional 302,453 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Moody's by 16.1% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,590,679 shares of the business services provider's stock valued at $752,980,000 after acquiring an additional 220,681 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA raised its position in Moody's by 9.7% during the first quarter. Massachusetts Financial Services Co. MA now owns 1,586,672 shares of the business services provider's stock valued at $738,897,000 after acquiring an additional 140,128 shares in the last quarter. 92.11% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Moody's news, CEO Robert Fauber sold 415 shares of the business's stock in a transaction on Tuesday, July 15th. The stock was sold at an average price of $503.40, for a total transaction of $208,911.00. Following the transaction, the chief executive officer owned 61,886 shares of the company's stock, valued at approximately $31,153,412.40. The trade was a 0.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.14% of the company's stock.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. Royal Bank Of Canada reiterated an "outperform" rating and set a $550.00 price target on shares of Moody's in a research report on Wednesday, June 4th. Bank of America initiated coverage on Moody's in a research report on Thursday, April 10th. They issued a "buy" rating and a $530.00 price objective for the company. Morgan Stanley boosted their price objective on Moody's from $493.00 to $498.00 and gave the company an "equal weight" rating in a research report on Monday, July 7th. JPMorgan Chase & Co. boosted their price objective on Moody's from $495.00 to $565.00 and gave the company an "overweight" rating in a research report on Monday, July 21st. Finally, Mizuho boosted their price objective on Moody's from $496.00 to $532.00 and gave the company a "neutral" rating in a research report on Friday. One equities research 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, the company has an average rating of "Moderate Buy" and an average price target of $538.80.

Moody's Trading Down 0.1%

NYSE MCO traded down $0.47 on Friday, reaching $512.62. 688,529 shares of the company were exchanged, compared to its average volume of 753,171. The business's fifty day moving average price is $489.03 and its 200 day moving average price is $475.67. The stock has a market capitalization of $92.22 billion, a P/E ratio of 43.55, a price-to-earnings-growth ratio of 3.17 and a beta of 1.38. The company has a current ratio of 1.75, a quick ratio of 1.56 and a debt-to-equity ratio of 1.70. Moody's Corporation has a fifty-two week low of $378.71 and a fifty-two week high of $531.93.

Moody's (NYSE:MCO - Get Free Report) last released its quarterly earnings data on Wednesday, July 23rd. The business services provider reported $3.56 earnings per share for the quarter, topping analysts' consensus estimates of $3.39 by $0.17. The company had revenue of $1.90 billion for the quarter, compared to analyst estimates of $1.82 billion. Moody's had a return on equity of 60.73% and a net margin of 29.18%. The firm's revenue for the quarter was up 4.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.28 earnings per share. Analysts forecast that Moody's Corporation will post 13.95 earnings per share for the current year.

Moody's Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 5th. Shareholders of record on Friday, August 15th will be paid a dividend of $0.94 per share. This represents a $3.76 dividend on an annualized basis and a yield of 0.73%. The ex-dividend date of this dividend is Friday, August 15th. Moody's's dividend payout ratio (DPR) is currently 32.47%.

Moody's Company 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.