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

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 Stock Performance

Shares of Moody's stock traded up $0.86 during trading hours on Wednesday, hitting $482.10. 180,706 shares of the company's stock traded hands, compared to its average volume of 766,886. The company has a fifty day simple moving average of $452.98 and a 200-day simple moving average of $473.19. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.47 and a quick ratio of 1.67. The stock has a market capitalization of $86.73 billion, a price-to-earnings ratio of 42.75, a PEG ratio of 2.87 and a beta of 1.40. Moody's Co. has a 12-month low of $378.71 and a 12-month high of $531.93.

Moody's (NYSE:MCO - Get Free Report) last posted its quarterly earnings data on Tuesday, April 22nd. The business services provider reported $3.83 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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%. Equities research analysts anticipate that Moody's Co. will post 13.95 EPS 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. Shareholders of record on Friday, May 16th will be paid a $0.94 dividend. The ex-dividend date is Friday, May 16th. This represents a $3.76 dividend on an annualized basis and a yield of 0.78%. Moody's's dividend payout ratio (DPR) is presently 32.47%.

Hedge Funds Weigh In On Moody's

A number of large investors have recently modified their holdings of the company. Carderock Capital Management Inc. lifted its holdings in shares of Moody's by 1.6% in the 1st quarter. Carderock Capital Management Inc. now owns 20,081 shares of the business services provider's stock worth $9,352,000 after acquiring an additional 314 shares during the last quarter. Acadian Asset Management LLC lifted its stake in Moody's by 29.9% in the first quarter. Acadian Asset Management LLC now owns 634,762 shares of the business services provider's stock worth $295,570,000 after purchasing an additional 146,141 shares during the last quarter. Geneos Wealth Management Inc. boosted its position in Moody's by 115.3% during the first quarter. Geneos Wealth Management Inc. now owns 605 shares of the business services provider's stock valued at $282,000 after buying an additional 324 shares during the period. Belpointe Asset Management LLC grew its stake in shares of Moody's by 152.3% during the first quarter. Belpointe Asset Management LLC now owns 1,534 shares of the business services provider's stock valued at $714,000 after buying an additional 926 shares during the last quarter. Finally, Fortis Capital Advisors LLC bought a new position in shares of Moody's during the first quarter valued at about $714,000. 92.11% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

MCO has been the subject of a number of analyst reports. Wells Fargo & Company cut their price target on Moody's from $610.00 to $572.00 and set an "overweight" rating for the company in a report on Thursday, April 17th. Royal Bank of Canada restated an "outperform" rating and issued a $550.00 target price on shares of Moody's in a research note on Tuesday. JPMorgan Chase & Co. decreased their price target on Moody's from $585.00 to $495.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 16th. Stifel Nicolaus lowered their price target on shares of Moody's from $533.00 to $468.00 and set a "hold" rating on the stock in a report on Wednesday, April 23rd. Finally, William Blair reaffirmed an "outperform" rating on shares of Moody's in a research note on Friday, February 14th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and ten have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $520.87.

Insider Transactions at Moody's

In other Moody's news, CEO Robert Fauber sold 415 shares of the stock in a transaction on Tuesday, April 15th. The shares were sold at an average price of $437.80, for a total transaction of $181,687.00. Following the completion of the sale, 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 sale was disclosed in a filing with the SEC, which is available at the SEC website. 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.