Moody's (NYSE:MCO) CEO Sells $199,652.35 in Stock

Key Points

• Moody's CEO Robert Fauber sold 415 shares of the company stock for $199,652.35 at an average price of $481.09, reducing his ownership stake by 0.67%.
• The stock of Moody's Corporation recently traded at $468.57 after declining by $9.94, with a market capitalization of $83.87 billion.
• Moody's reported quarterly earnings of $3.56 EPS, exceeding analysts' expectations, and has set a FY 2025 EPS guidance of 13.500-14.000.

Moody's Corporation (NYSE:MCO - Get Free Report) CEO Robert Fauber sold 415 shares of the firm's stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $481.09, for a total transaction of $199,652.35. Following the transaction, the chief executive officer directly owned 61,082 shares in the company, valued at approximately $29,385,939.38. The trade was a 0.67% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Robert Fauber also recently made the following trade(s):

• On Monday, September 15th, Robert Fauber sold 415 shares of Moody's stock. The shares were sold at an average price of $512.65, for a total transaction of $212,749.75.
• On Friday, August 15th, Robert Fauber sold 415 shares of Moody's stock. The shares were sold at an average price of $521.45, for a total transaction of $216,401.75.

Moody's Stock Performance

Shares of NYSE:MCO traded down $9.94 during trading on Thursday, reaching $468.57. The stock had a trading volume of 817,968 shares, compared to its average volume of 788,666. Moody's Corporation has a 52 week low of $378.71 and a 52 week high of $531.93. The firm has a market capitalization of $83.87 billion, a price-to-earnings ratio of 39.81, a P/E/G ratio of 2.96 and a beta of 1.41. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 1.70. The stock has a fifty day simple moving average of $498.86 and a two-hundred day simple moving average of $482.71.

Moody's (NYSE:MCO - Get Free Report) last released its quarterly earnings results on Wednesday, July 23rd. The business services provider reported $3.56 EPS for the quarter, beating analysts' consensus estimates of $3.39 by $0.17. Moody's had a net margin of 29.18% and a return on equity of 60.73%. The company had revenue of $1.90 billion for the quarter, compared to analyst estimates of $1.82 billion. During the same quarter last year, the firm posted $3.28 earnings per share. The company's quarterly revenue was up 4.5% compared to the same quarter last year. Moody's has set its FY 2025 guidance at 13.500-14.000 EPS. As a group, analysts anticipate that Moody's Corporation will post 13.95 earnings per share for the current fiscal year.

Moody's Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 5th. Stockholders of record on Friday, August 15th were paid a $0.94 dividend. The ex-dividend date was Friday, August 15th. This represents a $3.76 annualized dividend and a dividend yield of 0.8%. Moody's's dividend payout ratio (DPR) is presently 31.95%.

Institutional Investors Weigh In On Moody's

Institutional investors have recently bought and sold shares of the business. Rexford Capital Inc. acquired a new stake in Moody's during the second quarter worth $25,000. Newbridge Financial Services Group Inc. acquired a new stake in Moody's during the second quarter worth $25,000. Wolff Wiese Magana LLC boosted its stake in Moody's by 1,000.0% during the first quarter. Wolff Wiese Magana LLC now owns 55 shares of the business services provider's stock worth $26,000 after buying an additional 50 shares in the last quarter. Johnson Financial Group Inc. acquired a new stake in Moody's during the second quarter worth $28,000. Finally, Saudi Central Bank acquired a new stake in shares of Moody's in the 1st quarter valued at $30,000. Institutional investors and hedge funds own 92.11% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Weiss Ratings restated a "buy (b-)" rating on shares of Moody's in a research note on Wednesday, October 8th. Oppenheimer raised their price objective on shares of Moody's from $552.00 to $563.00 and gave the stock an "outperform" rating in a research note on Thursday, July 24th. Morgan Stanley set a $520.00 price objective on shares of Moody's in a research note on Thursday, October 9th. Seaport Res Ptn upgraded shares of Moody's to a "strong-buy" rating in a research note on Wednesday, October 1st. Finally, BMO Capital Markets lowered their price objective on shares of Moody's from $534.00 to $521.00 and set a "market perform" rating on the stock in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and five have given a Hold rating to the company. According to MarketBeat, Moody's has a consensus rating of "Moderate Buy" and a consensus target price of $542.87.

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.

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