1,454 Moody’s Corporation $MCO Shares Acquired by Prairie Advisory LLC

Prairie Advisory LLC raised its stake in Moody’s Corporation (NYSE:MCO – Free Report) by 27.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,680 shares of the business services provider’s stock after buying an additional 1,454 shares during the period. Prairie Advisory LLC’s holdings in Moody’s were worth $3,034,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of MCO. Bank of New York Mellon Corp boosted its holdings in shares of Moody’s by 3.2% during the 1st quarter. Bank of New York Mellon Corp now owns 2,349,281 shares of the business services provider’s stock valued at $1,024,874,000 after acquiring an additional 72,043 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Moody’s by 2.4% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,420,099 shares of the business services provider’s stock worth $643,191,000 after purchasing an additional 33,024 shares in the last quarter. Principal Financial Group Inc. increased its holdings in Moody’s by 72.5% in the 1st quarter. Principal Financial Group Inc. now owns 1,081,807 shares of the business services provider’s stock worth $471,963,000 after purchasing an additional 454,684 shares in the last quarter. Amundi raised its position in Moody’s by 20.0% in the second quarter. Amundi now owns 1,011,495 shares of the business services provider’s stock valued at $458,126,000 after purchasing an additional 168,528 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its position in Moody’s by 7.2% in the first quarter. Dimensional Fund Advisors LP now owns 882,973 shares of the business services provider’s stock valued at $385,188,000 after purchasing an additional 59,121 shares during the last quarter. 92.11% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

MCO has been the topic of several research reports. Royal Bank Of Canada reduced their price target on Moody’s from $610.00 to $575.00 and set an “outperform” rating on the stock in a report on Friday. Stifel Nicolaus raised their price objective on shares of Moody’s from $523.00 to $550.00 and gave the company a “buy” rating in a report on Thursday, July 23rd. JPMorgan Chase & Co. cut their target price on shares of Moody’s from $570.00 to $555.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 14th. The Goldman Sachs Group boosted their target price on shares of Moody’s from $557.00 to $593.00 and gave the stock a “buy” rating in a report on Thursday, July 23rd. Finally, UBS Group restated a “neutral” rating and issued a $505.00 price target (up from $490.00) on shares of Moody’s in a research report on Thursday, July 23rd. Thirteen research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $551.26.

Check Out Our Latest Research Report on MCO

Moody’s Trading Down 0.8%

Shares of Moody’s stock traded down $4.01 during midday trading on Monday, reaching $481.06. The company had a trading volume of 221,742 shares, compared to its average volume of 1,048,925. The stock has a fifty day moving average price of $477.91 and a 200 day moving average price of $466.89. The company has a debt-to-equity ratio of 2.01, a current ratio of 1.19 and a quick ratio of 1.19. The firm has a market cap of $83.32 billion, a PE ratio of 30.51, a P/E/G ratio of 2.50 and a beta of 1.35. Moody’s Corporation has a fifty-two week low of $402.28 and a fifty-two week high of $546.88.

Moody’s (NYSE:MCO – Get Free Report) last released its earnings results on Wednesday, July 22nd. The business services provider reported $4.68 earnings per share for the quarter, beating analysts’ consensus estimates of $4.26 by $0.42. Moody’s had a net margin of 34.25% and a return on equity of 80.35%. The business had revenue of $2.19 billion during the quarter, compared to the consensus estimate of $2.09 billion. During the same quarter in the prior year, the firm posted $3.56 EPS. The company’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. On average, equities analysts anticipate that Moody’s Corporation will post 16.92 earnings per share for the current year.

Moody’s Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, September 4th. Investors of record on Friday, August 14th were issued a $1.03 dividend. The ex-dividend date was Friday, August 14th. This represents a $4.12 annualized dividend and a yield of 0.9%. Moody’s’s payout ratio is presently 26.13%.

Insider Transactions at Moody’s

In other Moody’s news, CEO Robert Fauber sold 1,467 shares of the company’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $484.30, for a total transaction of $710,468.10. Following the sale, the chief executive officer owned 51,964 shares of the company’s stock, valued at approximately $25,166,165.20. This represents a 2.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.14% of the stock is currently owned by insiders.

Moody’s Profile

(Free Report)

Moody’s Corporation (NYSE:MCO) is a global provider of credit ratings, research, data, analytics and risk-management solutions. Through Moody’s Investors Service, the company assigns credit ratings and publishes research on corporate, government and structured-finance debt issuers, helping investors and other market participants evaluate credit risk.

Through Moody’s Analytics, the company provides financial intelligence, economic research, data, software and advisory services. Its offerings support credit analysis, lending, portfolio management, enterprise risk management, compliance and related functions across financial institutions, corporations, governments and other organizations.

Moody’s traces its origins to 1909, when John Moody established the company that introduced published credit ratings for bonds.

Further Reading

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Institutional Ownership by Quarter for Moody's (NYSE:MCO)

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