GHP Investment Advisors Inc. Has $18.66 Million Holdings in Moody’s Corporation $MCO

GHP Investment Advisors Inc. increased its holdings in shares of Moody’s Corporation (NYSE:MCO) by 1.4% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 37,203 shares of the business services provider’s stock after acquiring an additional 500 shares during the quarter. GHP Investment Advisors Inc.’s holdings in Moody’s were worth $18,660,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in MCO. Nuveen LLC bought a new position in Moody’s during the 1st quarter worth about $328,595,000. Goldman Sachs Group Inc. increased its holdings in Moody’s by 21.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,530,582 shares of the business services provider’s stock worth $712,777,000 after purchasing an additional 265,389 shares in the last quarter. PineStone Asset Management Inc. increased its holdings in Moody’s by 10.3% during the 2nd quarter. PineStone Asset Management Inc. now owns 2,311,020 shares of the business services provider’s stock worth $1,159,185,000 after purchasing an additional 215,551 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in Moody’s by 70.0% during the 1st quarter. Envestnet Asset Management Inc. now owns 447,444 shares of the business services provider’s stock worth $208,370,000 after purchasing an additional 184,297 shares in the last quarter. Finally, Acadian Asset Management LLC increased its holdings in Moody’s by 29.9% during the 1st 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 in the last quarter. Institutional investors own 92.11% of the company’s stock.

Insider Buying and Selling

In related news, CEO Robert Fauber sold 546 shares of Moody’s stock in a transaction dated Tuesday, October 28th. The stock was sold at an average price of $493.90, for a total transaction of $269,669.40. Following the completion of the transaction, the chief executive officer owned 61,082 shares in the company, valued at approximately $30,168,399.80. This trade represents a 0.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders sold a total of 1,817 shares of company stock worth $911,315 in the last three months. Company insiders own 0.14% of the company’s stock.

Moody’s Trading Up 0.4%

Moody’s stock opened at $480.72 on Friday. Moody’s Corporation has a 52 week low of $378.71 and a 52 week high of $531.93. The company has a debt-to-equity ratio of 1.70, a quick ratio of 1.84 and a current ratio of 1.84. The stock has a market capitalization of $85.76 billion, a P/E ratio of 38.64, a PEG ratio of 2.79 and a beta of 1.41. The stock has a 50-day simple moving average of $490.45 and a 200 day simple moving average of $487.48.

Moody’s (NYSE:MCO) last posted its quarterly earnings results on Wednesday, October 22nd. The business services provider reported $3.92 EPS for the quarter, topping analysts’ consensus estimates of $3.70 by $0.22. Moody’s had a return on equity of 63.58% and a net margin of 29.92%.The business had revenue of $2.01 billion during the quarter, compared to analysts’ expectations of $1.92 billion. During the same quarter last year, the company posted $3.21 earnings per share. Moody’s’s quarterly revenue was up 10.7% on a year-over-year basis. Moody’s has set its FY 2025 guidance at 14.500-14.750 EPS. Analysts expect that Moody’s Corporation will post 13.95 earnings per share for the current year.

Moody’s Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 12th. Investors of record on Friday, November 21st will be issued a dividend of $0.94 per share. The ex-dividend date is Friday, November 21st. This represents a $3.76 dividend on an annualized basis and a yield of 0.8%. Moody’s’s dividend payout ratio (DPR) is presently 30.23%.

Analyst Ratings Changes

MCO has been the subject of a number of research reports. JPMorgan Chase & Co. lowered their target price on Moody’s from $580.00 to $560.00 and set an “overweight” rating for the company in a report on Thursday, October 23rd. Mizuho raised their price objective on Moody’s from $539.00 to $550.00 and gave the company a “neutral” rating in a report on Tuesday. UBS Group raised their price objective on Moody’s from $445.00 to $515.00 and gave the company a “neutral” rating in a report on Tuesday, July 8th. Wall Street Zen upgraded Moody’s from a “hold” rating to a “buy” rating in a report on Saturday, October 25th. Finally, Seaport Res Ptn upgraded Moody’s to a “strong-buy” rating in a report on Wednesday, October 1st. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, Moody’s currently has an average rating of “Moderate Buy” and an average target price of $543.07.

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.