Moody’s (NYSE:MCO) CEO Robert Fauber Sells 1,167 Shares of Stock

Moody’s Corporation (NYSE:MCO) CEO Robert Fauber sold 1,167 shares of the company’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $478.95, for a total transaction of $558,934.65. Following the completion of the sale, the chief executive officer owned 61,082 shares of the company’s stock, valued at approximately $29,255,223.90. This trade represents a 1.87% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Robert Fauber also recently made the following trade(s):

• On Tuesday, October 28th, Robert Fauber sold 546 shares of Moody’s stock. The shares were sold at an average price of $493.90, for a total transaction of $269,669.40.
• On Wednesday, October 15th, Robert Fauber sold 415 shares of Moody’s stock. The shares were sold at an average price of $481.09, for a total transaction of $199,652.35.
• On Monday, September 15th, Robert Fauber sold 415 shares of Moody’s stock. The shares were sold at an average price of $512.65, for a total transaction of $212,749.75.
• On Friday, August 15th, Robert Fauber sold 415 shares of Moody’s stock. The shares were sold at an average price of $521.45, for a total transaction of $216,401.75.

Moody’s Stock Up 0.3%

Moody’s stock opened at $487.64 on Wednesday. The firm has a market cap of $87.00 billion, a PE ratio of 39.20, a P/E/G ratio of 2.79 and a beta of 1.41. 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 firm’s 50 day moving average price is $489.47 and its two-hundred day moving average price is $488.79. Moody’s Corporation has a twelve month low of $378.71 and a twelve month high of $531.93.

Moody’s (NYSE:MCO) last released its quarterly earnings data on Wednesday, October 22nd. The business services provider reported $3.92 earnings per share for the quarter, beating the consensus estimate of $3.70 by $0.22. The firm had revenue of $2.01 billion for the quarter, compared to analyst estimates of $1.92 billion. Moody’s had a net margin of 29.92% and a return on equity of 63.58%. The company’s revenue for the quarter was up 10.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $3.21 EPS. Moody’s has set its FY 2025 guidance at 14.500-14.750 EPS. On average, research analysts predict that Moody’s Corporation will post 13.95 EPS for the current fiscal year.

Moody’s Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 12th. Shareholders of record on Friday, November 21st will be paid a $0.94 dividend. This represents a $3.76 annualized dividend and a yield of 0.8%. The ex-dividend date is Friday, November 21st. Moody’s’s dividend payout ratio is currently 30.23%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Rexford Capital Inc. acquired a new position in Moody’s in the 2nd quarter valued at $25,000. Newbridge Financial Services Group Inc. bought a new stake in Moody’s in the 2nd quarter valued at $25,000. Johnson Financial Group Inc. bought a new stake in Moody’s in the 2nd quarter valued at $28,000. Saudi Central Bank bought a new stake in Moody’s in the 1st quarter valued at $30,000. Finally, Heartwood Wealth Advisors LLC bought a new stake in Moody’s in the 3rd quarter valued at $31,000. 92.11% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on MCO. Stifel Nicolaus dropped their price target on shares of Moody’s from $526.00 to $471.00 and set a “hold” rating on the stock in a research note on Thursday, October 23rd. Oppenheimer increased their price target on shares of Moody’s from $552.00 to $563.00 and gave the stock an “outperform” rating in a research note on Thursday, July 24th. Wall Street Zen upgraded shares of Moody’s from a “hold” rating to a “buy” rating in a research note on Saturday, October 25th. JPMorgan Chase & Co. dropped their price target on shares of Moody’s from $580.00 to $560.00 and set an “overweight” rating on the stock in a research note on Thursday, October 23rd. Finally, Seaport Res Ptn upgraded shares of Moody’s to a “strong-buy” rating in a research note on Wednesday, October 1st. One 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 data from MarketBeat.com, Moody’s currently has an average rating of “Moderate Buy” and a consensus price target of $543.07.

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.