Canada Post Corp Registered Pension Plan Cuts Stake in Moody’s Corporation $MCO

Canada Post Corp Registered Pension Plan lowered its position in Moody’s Corporation (NYSE:MCO) by 54.2% in the 4th quarter, Holdings Channel reports. The institutional investor owned 9,088 shares of the business services provider’s stock after selling 10,735 shares during the period. Canada Post Corp Registered Pension Plan’s holdings in Moody’s were worth $4,643,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. Vanguard Group Inc. lifted its stake in Moody’s by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 15,272,967 shares of the business services provider’s stock worth $7,802,195,000 after purchasing an additional 102,682 shares during the last quarter. PineStone Asset Management Inc. lifted its stake in Moody’s by 4.9% in the fourth quarter. PineStone Asset Management Inc. now owns 2,375,768 shares of the business services provider’s stock worth $1,213,661,000 after purchasing an additional 111,725 shares during the last quarter. Legal & General Group Plc lifted its stake in Moody’s by 6.7% in the third quarter. Legal & General Group Plc now owns 1,447,105 shares of the business services provider’s stock worth $689,517,000 after purchasing an additional 91,463 shares during the last quarter. Windacre Partnership LLC lifted its stake in Moody’s by 18.4% in the third quarter. Windacre Partnership LLC now owns 1,164,900 shares of the business services provider’s stock worth $555,052,000 after purchasing an additional 181,305 shares during the last quarter. Finally, Rothschild & Co Wealth Management UK Ltd lifted its stake in Moody’s by 1.9% in the third quarter. Rothschild & Co Wealth Management UK Ltd now owns 1,122,423 shares of the business services provider’s stock worth $534,812,000 after purchasing an additional 20,619 shares during the last quarter. 92.11% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Moody’s news, SVP Richard G. Steele sold 375 shares of the firm’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $456.71, for a total transaction of $171,266.25. Following the completion of the transaction, the senior vice president owned 2,459 shares of the company’s stock, valued at approximately $1,123,049.89. This trade represents a 13.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Robert Fauber sold 5,213 shares of the firm’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $456.71, for a total transaction of $2,380,829.23. Following the transaction, the chief executive officer directly owned 75,789 shares of the company’s stock, valued at $34,613,594.19. This represents a 6.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 8,680 shares of company stock valued at $3,952,188 in the last ninety days. Insiders own 0.14% of the company’s stock.

Moody’s Price Performance

MCO opened at $428.93 on Friday. The stock has a fifty day simple moving average of $445.24 and a two-hundred day simple moving average of $474.04. 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 company has a market cap of $74.93 billion, a price-to-earnings ratio of 30.75, a price-to-earnings-growth ratio of 2.31 and a beta of 1.37. Moody’s Corporation has a 12-month low of $402.28 and a 12-month high of $546.88.

Moody’s (NYSE:MCO) last posted its quarterly earnings data on Wednesday, April 22nd. The business services provider reported $4.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.22 by $0.11. The business had revenue of $2.08 billion during 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%.The firm’s quarterly revenue was up 8.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $3.83 earnings per share. Moody’s has set its FY 2026 guidance at 16.400-17.000 EPS. Research analysts predict that Moody’s Corporation will post 16.69 earnings per share for the current fiscal year.

Moody’s Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Shareholders of record on Friday, May 15th will be paid a dividend of $1.03 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 1.0%. Moody’s’s dividend payout ratio (DPR) is currently 29.53%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on MCO. The Goldman Sachs Group set a $531.00 price objective on Moody’s in a research report on Wednesday, February 18th. Weiss Ratings downgraded Moody’s from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, April 27th. Mizuho decreased their target price on Moody’s from $524.00 to $521.00 and set a “neutral” rating for the company in a report on Tuesday, April 28th. JPMorgan Chase & Co. decreased their target price on Moody’s from $600.00 to $560.00 and set an “overweight” rating for the company in a report on Thursday, February 19th. Finally, Evercore reissued an “outperform” rating and issued a $610.00 price target on shares of Moody’s in a research note on Thursday, February 19th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, Moody’s presently has a consensus rating of “Moderate Buy” and an average target price of $544.29.

About Moody’s

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.