Nykredit A S Takes Position in Moody's Corporation $MCO

Key Points

• Nykredit A/S acquired 75,831 Moody’s shares during the second quarter, valued at approximately $34.3 million. Institutional investors collectively own 92.11% of the company.
• Moody’s reported strong quarterly results, with earnings of $4.68 per share and revenue of $2.19 billion, surpassing estimates; revenue increased 15.1% year over year.
• Analysts maintain a favorable outlook, with a consensus rating of “Moderate Buy” and an average price target of $553.61. Moody’s also pays a quarterly dividend of $1.03, implying a 0.9% annual yield.

Nykredit A S acquired a new position in shares of Moody's Corporation (NYSE:MCO - Free Report) in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund acquired 75,831 shares of the business services provider's stock, valued at approximately $34,345,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Nalls Sherbakoff Group LLC acquired a new stake in shares of Moody's during the fourth quarter valued at $27,000. Wilkerson Advisory Group LLC boosted its position in Moody's by 87.1% during the first quarter. Wilkerson Advisory Group LLC now owns 58 shares of the business services provider's stock worth $25,000 after acquiring an additional 27 shares during the last quarter. Whipplewood Advisors LLC boosted its position in Moody's by 1,866.7% during 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. Compass Financial Management LLC purchased a new stake in Moody's in the 2nd quarter worth approximately $27,000. Finally, FNY Investment Advisers LLC acquired a new position in Moody's in the second quarter valued at $45,000. Hedge funds and other institutional investors own 92.11% of the company's stock.

Insider Activity at Moody's

In other news, CEO Robert Fauber sold 1,467 shares of the company's stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $484.30, for a total value of $710,468.10. Following the completion of the sale, the chief executive officer owned 51,964 shares of the company's stock, valued at $25,166,165.20. This represents a 2.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.14% of the stock is currently owned by corporate insiders.

Moody's Stock Up 1.4%

Shares of NYSE:MCO opened at $468.40 on Friday. The stock has a 50-day simple moving average of $488.38 and a 200-day simple moving average of $464.21. The stock has a market capitalization of $81.13 billion, a P/E ratio of 29.70, a PEG ratio of 2.40 and a beta of 1.34. Moody's Corporation has a 1 year low of $402.28 and a 1 year high of $546.88. The company has a debt-to-equity ratio of 2.01, a quick ratio of 1.19 and a current ratio of 1.19.

Moody's (NYSE:MCO - Get Free Report) last posted its quarterly earnings results on Wednesday, July 22nd. The business services provider reported $4.68 EPS for the quarter, beating 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 firm had revenue of $2.19 billion for the quarter, compared to analyst estimates of $2.09 billion. During the same quarter last year, the firm posted $3.56 earnings per share. Moody's's revenue for the quarter 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 forecast that Moody's Corporation will post 16.98 earnings per share for the current year.

Moody's Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 4th. Shareholders of record on Friday, August 14th were given a $1.03 dividend. The ex-dividend date of this dividend was Friday, August 14th. This represents a $4.12 annualized dividend and a yield of 0.9%. Moody's's dividend payout ratio (DPR) is 26.13%.

Analyst Ratings Changes

Several equities analysts recently weighed in on MCO shares. Citigroup reiterated a "buy" rating on shares of Moody's in a research report on Wednesday, July 29th. Rothschild & Co Redburn set a $500.00 price objective on shares of Moody's in a report on Thursday, June 18th. Morgan Stanley set a $512.00 target price on shares of Moody's in a research report on Wednesday, July 22nd. JPMorgan Chase & Co. upped their price target on shares of Moody's from $530.00 to $600.00 and gave the stock an "overweight" rating in a research report on Monday, July 20th. Finally, Jefferies Financial Group started coverage on shares of Moody's in a research note on Friday, July 17th. They set a "buy" rating and a $610.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $553.61.

Moody's Company Profile

Moody's Corporation NYSE: MCO is a global provider of credit ratings, research, data and analytical tools. Through Moody's Ratings, the company evaluates the creditworthiness of governments, companies, financial institutions and debt securities, helping investors and other market participants assess credit risk. Its ratings and related research cover a broad range of fixed-income markets and structured finance products.

Through Moody's Analytics, the company provides economic and financial intelligence, risk-management software, data, quantitative models and advisory services.

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