Moody's Co. (NYSE:MCO) Director Darrell Duffie sold 500 shares of the stock in a transaction on Friday, December 29th. The stock was sold at an average price of $147.93, for a total transaction of $73,965.00. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Darrell Duffie also recently made the following trade(s):

  • On Saturday, December 29th, Darrell Duffie sold 500 shares of Moody's stock. The stock was sold at an average price of $147.93, for a total transaction of $73,965.00.

Shares of Moody's Co. (NYSE MCO) opened at $148.86 on Thursday. The company has a market cap of $27,925.45, a price-to-earnings ratio of 53.16, a price-to-earnings-growth ratio of 2.36 and a beta of 1.36. The company has a debt-to-equity ratio of -32.57, a current ratio of 1.15 and a quick ratio of 1.15. Moody's Co. has a 12 month low of $93.51 and a 12 month high of $153.86.

Moody's (NYSE:MCO) last announced its quarterly earnings results on Friday, November 3rd. The business services provider reported $1.52 EPS for the quarter, beating analysts’ consensus estimates of $1.37 by $0.15. The firm had revenue of $1.06 billion during the quarter, compared to analysts’ expectations of $992.81 million. Moody's had a net margin of 13.73% and a negative return on equity of 187.20%. The company’s revenue for the quarter was up 15.9% compared to the same quarter last year. During the same quarter last year, the company posted $1.34 earnings per share. equities research analysts expect that Moody's Co. will post 5.96 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 12th. Shareholders of record on Tuesday, November 21st were paid a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 1.02%. The ex-dividend date was Monday, November 20th. Moody's’s dividend payout ratio is currently 54.29%.

MCO has been the subject of several recent research reports. BMO Capital Markets restated a “market perform” rating and set a $136.00 target price (up previously from $135.00) on shares of Moody's in a report on Wednesday, September 6th. Barclays increased their target price on shares of Moody's from $135.00 to $150.00 and gave the stock an “equal weight” rating in a report on Friday, September 15th. Piper Jaffray Companies reiterated a “hold” rating and issued a $149.00 price target (up previously from $140.00) on shares of Moody's in a research note on Wednesday, October 4th. Morgan Stanley reiterated an “equal weight” rating and issued a $135.00 price target (up previously from $134.00) on shares of Moody's in a research note on Friday, October 6th. Finally, Cantor Fitzgerald reiterated a “hold” rating and issued a $148.00 price target on shares of Moody's in a research note on Monday, November 6th. Seven research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $153.40.

Institutional investors and hedge funds have recently modified their holdings of the company. Grove Bank & Trust raised its position in shares of Moody's by 156.7% in the third quarter. Grove Bank & Trust now owns 901 shares of the business services provider’s stock valued at $125,000 after purchasing an additional 550 shares during the period. Sun Life Financial INC raised its position in shares of Moody's by 12,200.0% in the second quarter. Sun Life Financial INC now owns 1,230 shares of the business services provider’s stock valued at $150,000 after purchasing an additional 1,220 shares during the period. Salem Investment Counselors Inc. raised its position in shares of Moody's by 0.6% in the second quarter. Salem Investment Counselors Inc. now owns 1,346 shares of the business services provider’s stock valued at $164,000 after purchasing an additional 8 shares during the period. Invictus RG bought a new position in shares of Moody's in the third quarter valued at about $199,000. Finally, IFC Holdings Incorporated FL bought a new position in shares of Moody's in the third quarter valued at about $203,000. 87.32% of the stock is currently owned by institutional investors.

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About Moody's

Moody’s Corporation (Moody’s) is a provider of credit ratings; credit, capital markets and economic related research, data and analytical tools; software solutions and related risk management services, quantitative credit risk measures, financial services training and certification services, and research and analytical services to financial institution customers.

Insider Buying and Selling by Quarter for Moody's (NYSE:MCO)

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