Rep. Dan Newhouse Sells Off Shares of Moody's Co. (NYSE:MCO)

Representative Dan Newhouse (R-Washington) recently sold shares of Moody's Co. NYSE: MCO. In a filing disclosed on May 16th, the Representative disclosed that they had sold between $1,001 and $15,000 in Moody's stock on April 11th.

Representative Dan Newhouse also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Union Pacific NYSE: UNP on 4/11/2025.
• Sold $1,001 - $15,000 in shares of PayPal NASDAQ: PYPL on 4/11/2025.
• Sold $1,001 - $15,000 in shares of UnitedHealth Group NYSE: UNH on 4/11/2025.
• Sold $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 4/11/2025.
• Sold $1,001 - $15,000 in shares of Dollar General NYSE: DG on 4/11/2025.
• Sold $1,001 - $15,000 in shares of Lowe's Companies NYSE: LOW on 4/11/2025.
• Sold $1,001 - $15,000 in shares of Intuit NASDAQ: INTU on 4/11/2025.
• Sold $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 4/11/2025.
• Sold $1,001 - $15,000 in shares of BlackRock NYSE: BLK on 4/11/2025.
• Sold $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 4/11/2025.

Moody's Trading Down 0.6%

NYSE MCO traded down $2.87 during trading hours on Friday, hitting $468.89. 55,333 shares of the company were exchanged, compared to its average volume of 767,320. The stock has a market cap of $84.35 billion, a PE ratio of 41.67, a price-to-earnings-growth ratio of 2.87 and a beta of 1.40. Moody's Co. has a 52 week low of $378.71 and a 52 week high of $531.93. The company has a quick ratio of 1.67, a current ratio of 1.47 and a debt-to-equity ratio of 1.81. The stock has a 50-day moving average price of $451.94 and a 200 day moving average price of $472.99.

Moody's (NYSE:MCO - Get Free Report) last announced its quarterly earnings data 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 firm had revenue of $1.92 billion during the quarter, compared to analyst estimates of $1.90 billion. Moody's had a net margin of 29.03% and a return on equity of 58.94%. Analysts forecast that Moody's Co. will post 13.95 earnings per share for the current fiscal year.

Moody's Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 6th. Stockholders of record on Friday, May 16th will be paid a $0.94 dividend. This represents a $3.76 dividend on an annualized basis and a dividend yield of 0.80%. The ex-dividend date is Friday, May 16th. Moody's's dividend payout ratio (DPR) is 32.47%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on MCO shares. William Blair reaffirmed an "outperform" rating on shares of Moody's in a report on Friday, February 14th. JPMorgan Chase & Co. lowered their price target on shares of Moody's from $585.00 to $495.00 and set an "overweight" rating for the company in a report on Wednesday, April 16th. Wells Fargo & Company dropped 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. Bank of America assumed coverage on Moody's in a research note on Thursday, April 10th. They set a "buy" rating and a $530.00 price objective for the company. Finally, Wall Street Zen lowered Moody's from a "buy" rating to a "hold" rating in a research report on Friday, March 7th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and ten have assigned a buy rating to the company. According to MarketBeat.com, Moody's presently has an average rating of "Moderate Buy" and a consensus target price of $515.87.

Institutional Trading of Moody's

Several institutional investors have recently modified their holdings of the business. Norges Bank acquired a new stake in Moody's during the 4th quarter worth about $988,750,000. GAMMA Investing LLC grew its stake in Moody's by 55,808.8% during the first quarter. GAMMA Investing LLC now owns 802,850 shares of the business services provider's stock worth $373,879,000 after purchasing an additional 801,414 shares during the period. Nuveen LLC bought a new stake in Moody's in the first quarter worth approximately $328,595,000. Proficio Capital Partners LLC increased its holdings in Moody's by 92,060.2% in the fourth quarter. Proficio Capital Partners LLC now owns 612,865 shares of the business services provider's stock worth $290,112,000 after purchasing an additional 612,200 shares in the last quarter. Finally, Amundi lifted its stake in Moody's by 73.6% in the fourth quarter. Amundi now owns 1,131,656 shares of the business services provider's stock valued at $534,255,000 after buying an additional 479,599 shares during the period. Institutional investors own 92.11% of the company's stock.

Insiders Place Their Bets

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

About Representative Newhouse

Dan Newhouse (Republican Party) is a member of the U.S. House, representing Washington's 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027. Newhouse (Republican Party) ran for re-election to the U.S. House to represent Washington's 4th Congressional District. He won in the general election on November 5, 2024. Click here to see Newhouse's key votes in Congress. Newhouse served as a member of the Washington House of Representatives representing District 15-Position 2 from 2003 through 2009 and as Washington Director of Agriculture from 2009 to 2013. Newhouse was first elected to the state House in 2002 and served until he was named state Director of Agriculture in 2009. He was first appointed by Governor Christine Gregoire on February 18, 2009.

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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