Moody’s (NYSE:MCO) had its price objective decreased by UBS Group from $192.00 to $189.00 in a research report sent to investors on Friday morning, www.benzinga.com reports. UBS Group currently has a neutral rating on the business services provider’s stock.

Other equities analysts also recently issued reports about the stock. Morgan Stanley increased their price objective on shares of Moody’s from $176.00 to $179.00 and gave the company a $184.49 rating in a research note on Wednesday, July 18th. Nomura dropped their price objective on shares of Moody’s from $195.00 to $193.00 and set a buy rating on the stock in a research note on Monday, July 9th. William Blair reiterated a buy rating on shares of Moody’s in a research note on Sunday, August 12th. Stifel Nicolaus increased their price objective on shares of Moody’s from $170.00 to $188.00 and gave the company a hold rating in a research note on Monday, July 30th. Finally, Zacks Investment Research upgraded shares of Moody’s from a sell rating to a hold rating in a research note on Friday, July 20th. Eight analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Moody’s has an average rating of Hold and a consensus price target of $178.92.

Shares of NYSE:MCO opened at $175.55 on Friday. The company has a market cap of $33.50 billion, a PE ratio of 28.54, a P/E/G ratio of 1.95 and a beta of 1.10. Moody’s has a one year low of $136.82 and a one year high of $187.98. The company has a debt-to-equity ratio of 10.72, a quick ratio of 1.54 and a current ratio of 1.54.

Moody’s (NYSE:MCO) last released its quarterly earnings data on Friday, July 27th. The business services provider reported $2.04 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.88 by $0.16. Moody’s had a net margin of 24.10% and a return on equity of 907.23%. The firm had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.15 billion. During the same period last year, the firm earned $1.54 earnings per share. The company’s quarterly revenue was up 17.5% on a year-over-year basis. sell-side analysts anticipate that Moody’s will post 7.79 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Monday, September 10th. Shareholders of record on Monday, August 20th were paid a $0.44 dividend. The ex-dividend date was Friday, August 17th. This represents a $1.76 annualized dividend and a yield of 1.00%. Moody’s’s dividend payout ratio (DPR) is 29.00%.

In other news, CFO Linda Huber bought 915 shares of the stock in a transaction on Monday, August 6th. The stock was bought at an average cost of $172.31 per share, for a total transaction of $157,663.65. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.00% of the stock is owned by company insiders.

A number of institutional investors and hedge funds have recently made changes to their positions in MCO. Flagship Harbor Advisors LLC acquired a new stake in Moody’s in the second quarter valued at approximately $140,000. United Asset Strategies Inc. acquired a new stake in shares of Moody’s during the second quarter worth $201,000. Mariner LLC acquired a new stake in shares of Moody’s during the first quarter worth $202,000. FineMark National Bank & Trust acquired a new stake in shares of Moody’s during the second quarter worth $205,000. Finally, Aldebaran Financial Inc. acquired a new stake in shares of Moody’s during the second quarter worth $205,000. Institutional investors own 87.86% of the company’s stock.

About Moody’s

Moody's Corporation provides credit ratings; and credit, capital markets, and economic related research, data, and analytical tools worldwide. It operates through two segments, Moody's Investors Service and Moody's Analytics. The Moody's Investors Service segment publishes credit ratings on various debt obligations and entities that issue such obligations comprising various corporate and governmental obligations, structured finance securities, and commercial paper programs.

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Analyst Recommendations for Moody`s (NYSE:MCO)

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