TFR Capital LLC. Acquires New Holdings in Moody's Co. (NYSE:MCO)

TFR Capital LLC. purchased a new stake in Moody's Co. (NYSE:MCO - Free Report) in the fourth quarter, according to its most recent filing with the SEC. The fund purchased 3,704 shares of the business services provider's stock, valued at approximately $1,753,000.

Other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. grew its stake in Moody's by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 14,696,081 shares of the business services provider's stock worth $6,956,684,000 after buying an additional 63,820 shares during the last quarter. Geode Capital Management LLC grew its position in Moody's by 1.9% in the 4th quarter. Geode Capital Management LLC now owns 3,680,799 shares of the business services provider's stock worth $1,738,645,000 after purchasing an additional 68,627 shares during the last quarter. Norges Bank bought a new position in Moody's in the 4th quarter worth about $988,750,000. Northern Trust Corp grew its position in Moody's by 20.5% in the 4th quarter. Northern Trust Corp now owns 1,776,729 shares of the business services provider's stock worth $841,050,000 after purchasing an additional 302,453 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Moody's by 16.1% in the 4th 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 worth $752,980,000 after buying an additional 220,681 shares in the last quarter. 92.11% of the stock is currently owned by institutional investors.

Moody's Trading Down 0.6%

MCO stock traded down $2.72 during mid-day trading on Wednesday, reaching $478.52. 663,067 shares of the stock traded hands, compared to its average volume of 769,673. The company has a current ratio of 1.47, a quick ratio of 1.67 and a debt-to-equity ratio of 1.81. Moody's Co. has a 52-week low of $378.71 and a 52-week high of $531.93. The company has a market cap of $86.09 billion, a P/E ratio of 42.46, a P/E/G ratio of 2.87 and a beta of 1.40. The stock's fifty day moving average is $453.35 and its 200-day moving average is $473.22.

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

Moody's Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 6th. Stockholders of record on Friday, May 16th will be issued a $0.94 dividend. The ex-dividend date of this dividend is Friday, May 16th. This represents a $3.76 dividend on an annualized basis and a dividend yield of 0.79%. Moody's's payout ratio is currently 32.47%.

Insider Buying and Selling

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

Analyst Ratings Changes

Several research analysts have recently issued reports on MCO shares. Bank of America assumed coverage on Moody's in a research note on Thursday, April 10th. They issued a "buy" rating and a $530.00 price target for the company. 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 report on Thursday, April 17th. Wall Street Zen cut shares of Moody's from a "buy" rating to a "hold" rating in a report on Friday, March 7th. UBS Group increased their price objective on shares of Moody's from $510.00 to $540.00 and gave the company a "neutral" rating in a report on Tuesday, February 18th. Finally, JPMorgan Chase & Co. decreased their price target on Moody's from $585.00 to $495.00 and set an "overweight" rating for the company in a research note on Wednesday, April 16th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and ten have issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $520.87.

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.