Vancity Investment Management Ltd Has $28.62 Million Holdings in Moody’s Corporation $MCO

Vancity Investment Management Ltd reduced its position in Moody’s Corporation (NYSE:MCO) by 3.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 56,035 shares of the business services provider’s stock after selling 1,941 shares during the quarter. Moody’s makes up 3.9% of Vancity Investment Management Ltd’s holdings, making the stock its 8th biggest holding. Vancity Investment Management Ltd’s holdings in Moody’s were worth $28,625,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Newbridge Financial Services Group Inc. purchased a new position in shares of Moody’s during the second quarter worth approximately $25,000. Birchwood Financial Partners Inc. purchased a new position in Moody’s in the 4th quarter worth $26,000. Caitlin John LLC bought a new stake in Moody’s in the third quarter worth $27,000. Ares Financial Consulting LLC purchased a new stake in Moody’s during the fourth quarter valued at about $29,000. Finally, Kemnay Advisory Services Inc. bought a new position in shares of Moody’s during the fourth quarter valued at about $31,000. 92.11% of the stock is currently owned by institutional investors.

Moody’s Stock Performance

Moody’s stock opened at $451.20 on Friday. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 2.03. The firm has a market cap of $78.82 billion, a P/E ratio of 32.34, a P/E/G ratio of 2.46 and a beta of 1.35. Moody’s Corporation has a 1-year low of $402.28 and a 1-year high of $546.88. The firm has a 50-day moving average of $450.01 and a 200-day moving average of $468.38.

Moody’s (NYSE:MCO) last announced its quarterly earnings results on Wednesday, April 22nd. The business services provider reported $4.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.22 by $0.11. The company had revenue of $2.08 billion for the quarter, compared to the consensus estimate of $2.11 billion. Moody’s had a return on equity of 70.97% and a net margin of 31.69%.Moody’s’s revenue was up 8.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.83 EPS. Moody’s has set its FY 2026 guidance at 16.400-17.000 EPS. Sell-side analysts expect that Moody’s Corporation will post 16.69 EPS for the current year.

Moody’s Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Friday, May 15th were paid a dividend of $1.03 per share. The ex-dividend date of this dividend was Friday, May 15th. This represents a $4.12 annualized dividend and a dividend yield of 0.9%. Moody’s’s payout ratio is 29.53%.

Insider Buying and Selling

In other Moody’s news, CEO Robert Fauber sold 1,467 shares of the business’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $466.39, for a total transaction of $684,194.13. Following the transaction, the chief executive officer directly owned 75,189 shares of the company’s stock, valued at approximately $35,067,397.71. The trade was a 1.91% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Richard G. Steele sold 158 shares of the company’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $453.67, for a total transaction of $71,679.86. Following the completion of the transaction, the senior vice president owned 1,985 shares of the company’s stock, valued at $900,534.95. This trade represents a 7.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 4,717 shares of company stock valued at $2,137,306. 0.14% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. UBS Group lowered their target price on Moody’s from $515.00 to $490.00 and set a “neutral” rating for the company in a research note on Thursday, February 19th. Evercore reaffirmed an “outperform” rating and issued a $610.00 price target on shares of Moody’s in a research note on Thursday, February 19th. JPMorgan Chase & Co. lowered their price objective on Moody’s from $600.00 to $560.00 and set an “overweight” rating for the company in a research report on Thursday, February 19th. BMO Capital Markets reissued a “market perform” rating on shares of Moody’s in a research note on Tuesday, May 26th. Finally, Barclays cut their target price on shares of Moody’s from $580.00 to $550.00 and set an “overweight” rating on the stock in a report on Monday, February 23rd. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $541.83.

Moody’s Company Profile

Moody’s Corporation is a global provider of credit ratings, research, data and analytics that support financial decision-making and transparency in capital markets. The company traces its origins to the early 20th century when financial analyst John Moody began publishing credit information; today Moody’s is headquartered in New York and serves a broad set of market participants including investors, issuers, financial institutions, corporations, governments and regulators.

Moody’s operates primarily through two complementary businesses.