Parametrica Management Ltd bought a new position in shares of Moody’s Corporation (NYSE:MCO) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 1,612 shares of the business services provider’s stock, valued at approximately $224,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Oppenheimer Asset Management Inc. purchased a new stake in shares of Moody’s Corporation in the first quarter valued at $101,000. IFP Advisors Inc lifted its position in shares of Moody’s Corporation by 78.1% in the second quarter. IFP Advisors Inc now owns 1,145 shares of the business services provider’s stock valued at $139,000 after acquiring an additional 502 shares in the last quarter. Sun Life Financial INC lifted its position in shares of Moody’s Corporation by 12,200.0% in the second quarter. Sun Life Financial INC now owns 1,230 shares of the business services provider’s stock valued at $150,000 after acquiring an additional 1,220 shares in the last quarter. Salem Investment Counselors Inc. lifted its position in shares of Moody’s Corporation by 0.6% in the second quarter. Salem Investment Counselors Inc. now owns 1,346 shares of the business services provider’s stock valued at $164,000 after acquiring an additional 8 shares in the last quarter. Finally, Smithfield Trust Co. lifted its position in shares of Moody’s Corporation by 6.7% in the second quarter. Smithfield Trust Co. now owns 1,427 shares of the business services provider’s stock valued at $174,000 after acquiring an additional 90 shares in the last quarter. Institutional investors own 88.83% of the company’s stock.

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In other Moody’s Corporation news, insider Raymond W. Mcdaniel sold 45,216 shares of the company’s stock in a transaction dated Monday, August 7th. The stock was sold at an average price of $129.03, for a total transaction of $5,834,220.48. Following the completion of the sale, the insider now directly owns 292,310 shares in the company, valued at $37,716,759.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Darrell Duffie sold 500 shares of the company’s stock in a transaction dated Friday, September 29th. The stock was sold at an average price of $138.41, for a total value of $69,205.00. Following the sale, the director now owns 21,804 shares of the company’s stock, valued at $3,017,891.64. The disclosure for this sale can be found here. Insiders have sold 90,932 shares of company stock valued at $11,969,604 over the last 90 days. 1.17% of the stock is currently owned by insiders.

Moody’s Corporation (NYSE MCO) opened at $146.29 on Friday. The stock has a market capitalization of $27,941.39, a price-to-earnings ratio of 25.53, a PEG ratio of 2.69 and a beta of 1.35. The company has a debt-to-equity ratio of -10.45, a current ratio of 3.68 and a quick ratio of 3.69.

Moody’s Corporation (NYSE:MCO) last released its earnings results on Friday, November 3rd. The business services provider reported $1.52 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.37 by $0.15. The firm had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $992.81 million. Moody’s Corporation had a negative return on equity of 167.31% and a net margin of 12.63%. The firm’s revenue for the quarter was up 15.9% compared to the same quarter last year. During the same period in the prior year, the business posted $1.34 earnings per share. analysts expect that Moody’s Corporation will post 5.95 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 12th. Shareholders of record on Tuesday, November 21st will be paid a dividend of $0.38 per share. The ex-dividend date of this dividend is Monday, November 20th. This represents a $1.52 annualized dividend and a yield of 1.04%. Moody’s Corporation’s dividend payout ratio is presently 54.29%.

Several analysts have recently issued reports on the company. BMO Capital Markets restated a “hold” rating and issued a $143.00 price objective on shares of Moody’s Corporation in a research report on Friday, October 13th. Morgan Stanley restated an “equal weight” rating and issued a $135.00 price objective (up from $134.00) on shares of Moody’s Corporation in a research report on Friday, October 6th. Piper Jaffray Companies restated a “hold” rating and issued a $149.00 price objective (up from $140.00) on shares of Moody’s Corporation in a research report on Wednesday, October 4th. Barclays PLC increased their target price on Moody’s Corporation from $135.00 to $150.00 and gave the stock an “equal weight” rating in a research report on Friday, September 15th. Finally, Credit Suisse Group reiterated a “neutral” rating and set a $137.00 target price (up from $131.00) on shares of Moody’s Corporation in a research report on Wednesday, August 30th. They noted that the move was a valuation call. Seven analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. Moody’s Corporation currently has an average rating of “Hold” and a consensus price target of $141.50.

Moody’s Corporation Profile

Moody’s Corporation (Moody’s) is a provider of credit ratings; credit, capital markets and economic related research, data and analytical tools; software solutions and related risk management services, quantitative credit risk measures, financial services training and certification services, and research and analytical services to financial institution customers.

Institutional Ownership by Quarter for Moody`s Corporation (NYSE:MCO)

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