Moody’s Corporation $MCO Shares Acquired by Slow Capital Inc.

Slow Capital Inc. grew its stake in Moody’s Corporation (NYSE:MCO) by 0.5% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 7,256 shares of the business services provider’s stock after buying an additional 39 shares during the quarter. Slow Capital Inc.’s holdings in Moody’s were worth $3,639,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the stock. Horizon Financial Services LLC lifted its stake in shares of Moody’s by 77,500.0% in the 1st quarter. Horizon Financial Services LLC now owns 2,328 shares of the business services provider’s stock valued at $1,084,000 after purchasing an additional 2,325 shares during the period. Hsbc Holdings PLC raised its position in shares of Moody’s by 11.9% in the first quarter. Hsbc Holdings PLC now owns 527,518 shares of the business services provider’s stock worth $244,817,000 after acquiring an additional 56,273 shares during the period. Concurrent Investment Advisors LLC raised its position in shares of Moody’s by 289.8% in the first quarter. Concurrent Investment Advisors LLC now owns 3,282 shares of the business services provider’s stock worth $1,528,000 after acquiring an additional 2,440 shares during the period. Asset Management One Co. Ltd. raised its position in shares of Moody’s by 7.9% in the first quarter. Asset Management One Co. Ltd. now owns 69,849 shares of the business services provider’s stock worth $32,528,000 after acquiring an additional 5,095 shares during the period. Finally, Envestnet Portfolio Solutions Inc. raised its position in shares of Moody’s by 10.3% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 7,259 shares of the business services provider’s stock worth $3,381,000 after acquiring an additional 678 shares during the period. 92.11% of the stock is owned by institutional investors and hedge funds.

Moody’s Price Performance

Moody’s stock opened at $483.71 on Tuesday. Moody’s Corporation has a 12-month low of $378.71 and a 12-month high of $531.93. The stock has a market cap of $86.58 billion, a P/E ratio of 41.10, a PEG ratio of 3.00 and a beta of 1.41. The company has a 50-day moving average price of $503.01 and a 200 day moving average price of $482.19. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 1.70.

Moody’s (NYSE:MCO) last announced its quarterly earnings results on Wednesday, July 23rd. The business services provider reported $3.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.39 by $0.17. Moody’s had a net margin of 29.18% and a return on equity of 60.73%. The business had revenue of $1.90 billion during the quarter, compared to the consensus estimate of $1.82 billion. During the same quarter last year, the firm earned $3.28 EPS. The business’s revenue was up 4.5% compared to the same quarter last year. Moody’s has set its FY 2025 guidance at 13.500-14.000 EPS. Sell-side analysts anticipate that Moody’s Corporation will post 13.95 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 5th. Shareholders of record on Friday, August 15th were given a $0.94 dividend. This represents a $3.76 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Friday, August 15th. Moody’s’s payout ratio is currently 31.95%.

Insider Buying and Selling

In related news, insider Stephen T. Tulenko sold 2,120 shares of the business’s stock in a transaction on Wednesday, July 30th. The stock was sold at an average price of $511.18, for a total transaction of $1,083,701.60. Following the completion of the transaction, the insider directly owned 5,558 shares of the company’s stock, valued at $2,841,138.44. The trade was a 27.61% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Robert Fauber sold 415 shares of the business’s stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $512.65, for a total value of $212,749.75. Following the transaction, the chief executive officer directly owned 61,350 shares of the company’s stock, valued at approximately $31,451,077.50. This represents a 0.67% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 9,423 shares of company stock worth $4,812,135 over the last 90 days. 0.14% of the stock is owned by insiders.

Analyst Ratings Changes

Several brokerages have recently weighed in on MCO. Robert W. Baird upped their target price on Moody’s from $525.00 to $552.00 and gave the stock an “outperform” rating in a research note on Thursday, July 24th. Wells Fargo & Company upped their price objective on shares of Moody’s from $595.00 to $597.00 and gave the stock an “overweight” rating in a research report on Friday, September 19th. Seaport Res Ptn upgraded shares of Moody’s to a “strong-buy” rating in a research report on Wednesday, October 1st. Weiss Ratings restated a “buy (b-)” rating on shares of Moody’s in a research report on Saturday, September 27th. Finally, Morgan Stanley increased their target price on Moody’s from $493.00 to $498.00 and gave the company an “equal weight” rating in a report on Monday, July 7th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $541.21.

About Moody’s

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.