Moody’s Corporation $MCO Stock Holdings Lifted by Tokio Marine Asset Management Co. Ltd.

Tokio Marine Asset Management Co. Ltd. boosted its position in shares of Moody’s Corporation (NYSE:MCO) by 10.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 25,562 shares of the business services provider’s stock after purchasing an additional 2,412 shares during the period. Tokio Marine Asset Management Co. Ltd.’s holdings in Moody’s were worth $12,180,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in MCO. Sumitomo Mitsui Trust Group Inc. lifted its holdings in Moody’s by 0.8% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 378,495 shares of the business services provider’s stock worth $180,345,000 after purchasing an additional 2,934 shares during the last quarter. First Horizon Corp bought a new position in shares of Moody’s in the third quarter valued at approximately $591,000. MGO One Seven LLC lifted its stake in shares of Moody’s by 71.4% in the third quarter. MGO One Seven LLC now owns 1,755 shares of the business services provider’s stock worth $836,000 after buying an additional 731 shares during the last quarter. Meeder Asset Management Inc. boosted its holdings in shares of Moody’s by 151.7% during the 3rd quarter. Meeder Asset Management Inc. now owns 302 shares of the business services provider’s stock worth $144,000 after buying an additional 182 shares during the period. Finally, Citizens Financial Group Inc. RI grew its stake in Moody’s by 25.6% in the 3rd quarter. Citizens Financial Group Inc. RI now owns 4,773 shares of the business services provider’s stock valued at $2,274,000 after buying an additional 972 shares during the last quarter. Institutional investors own 92.11% of the company’s stock.

Moody’s Price Performance

Shares of MCO stock opened at $531.51 on Monday. Moody’s Corporation has a 12 month low of $378.71 and a 12 month high of $540.00. The stock has a 50-day moving average price of $496.18 and a 200 day moving average price of $497.47. The company has a quick ratio of 1.84, a current ratio of 1.84 and a debt-to-equity ratio of 1.70. The firm has a market cap of $94.82 billion, a price-to-earnings ratio of 42.73, a PEG ratio of 2.47 and a beta of 1.45.

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

Moody’s Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, December 12th. Shareholders of record on Friday, November 21st were given a dividend of $0.94 per share. This represents a $3.76 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Friday, November 21st. Moody’s’s dividend payout ratio is 30.23%.

Insider Buying and Selling

In other Moody’s news, CEO Robert Fauber sold 1,167 shares of the company’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $478.95, for a total value of $558,934.65. Following the sale, the chief executive officer owned 61,082 shares in the company, valued at $29,255,223.90. This represents a 1.87% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders sold a total of 2,154 shares of company stock worth $1,041,098 in the last three months. Company insiders own 0.14% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently commented on MCO. Mizuho lifted their price objective on Moody’s from $539.00 to $550.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 28th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Moody’s in a report on Friday, October 31st. The Goldman Sachs Group upgraded Moody’s from a “neutral” rating to a “buy” rating and upped their price target for the stock from $524.00 to $570.00 in a report on Tuesday, December 16th. Wall Street Zen lowered shares of Moody’s from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Finally, JPMorgan Chase & Co. cut their price objective on Moody’s from $580.00 to $560.00 and set an “overweight” rating for the company in a research report on Thursday, October 23rd. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $555.93.

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.