Moody’s Co. (NYSE:MCO) Shares Sold by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. cut its stake in shares of Moody’s Co. (NYSE:MCOFree Report) by 32.8% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 1,938 shares of the business services provider’s stock after selling 948 shares during the period. Landscape Capital Management L.L.C.’s holdings in Moody’s were worth $920,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Bessemer Group Inc. grew its holdings in Moody’s by 0.9% during the 1st quarter. Bessemer Group Inc. now owns 4,499 shares of the business services provider’s stock valued at $1,767,000 after purchasing an additional 42 shares in the last quarter. EntryPoint Capital LLC acquired a new stake in shares of Moody’s during the first quarter valued at about $38,000. Gabelli Funds LLC lifted its stake in shares of Moody’s by 1.6% in the first quarter. Gabelli Funds LLC now owns 10,009 shares of the business services provider’s stock worth $3,934,000 after acquiring an additional 159 shares in the last quarter. 1832 Asset Management L.P. boosted its holdings in Moody’s by 9.3% in the first quarter. 1832 Asset Management L.P. now owns 35,046 shares of the business services provider’s stock valued at $13,774,000 after purchasing an additional 2,988 shares during the last quarter. Finally, LRI Investments LLC purchased a new position in Moody’s in the first quarter valued at about $130,000. Hedge funds and other institutional investors own 92.11% of the company’s stock.

Moody’s Price Performance

Shares of NYSE MCO opened at $480.66 on Friday. The company has a debt-to-equity ratio of 1.69, a current ratio of 1.67 and a quick ratio of 1.67. The firm has a market capitalization of $87.10 billion, a PE ratio of 43.90, a P/E/G ratio of 3.05 and a beta of 1.29. Moody’s Co. has a 1-year low of $358.49 and a 1-year high of $495.10. The business’s fifty day moving average price is $473.43 and its two-hundred day moving average price is $450.86.

Moody’s (NYSE:MCOGet Free Report) last released its quarterly earnings data on Tuesday, October 22nd. The business services provider reported $3.21 earnings per share for the quarter, topping analysts’ consensus estimates of $2.89 by $0.32. Moody’s had a net margin of 29.05% and a return on equity of 57.97%. The business had revenue of $1.81 billion for the quarter, compared to analysts’ expectations of $1.71 billion. During the same quarter last year, the company earned $2.43 EPS. The company’s revenue for the quarter was up 23.2% compared to the same quarter last year. On average, research analysts expect that Moody’s Co. will post 12.07 EPS for the current year.

Moody’s Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Friday, November 22nd will be issued a $0.85 dividend. This represents a $3.40 dividend on an annualized basis and a yield of 0.71%. The ex-dividend date is Friday, November 22nd. Moody’s’s dividend payout ratio (DPR) is 31.05%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. Barclays increased their target price on Moody’s from $500.00 to $570.00 and gave the company an “overweight” rating in a research note on Friday, September 13th. Raymond James lowered shares of Moody’s from a “market perform” rating to an “underperform” rating in a report on Monday, September 23rd. Oppenheimer upped their target price on shares of Moody’s from $536.00 to $543.00 and gave the company an “outperform” rating in a research note on Wednesday, October 23rd. StockNews.com cut shares of Moody’s from a “buy” rating to a “hold” rating in a research report on Wednesday, October 23rd. Finally, UBS Group boosted their price objective on Moody’s from $495.00 to $510.00 and gave the company a “neutral” rating in a report on Wednesday, October 23rd. One analyst has rated the stock with a sell rating, six have issued a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $500.00.

View Our Latest Analysis on Moody’s

Insider Activity at Moody’s

In other Moody’s news, SVP Caroline Sullivan sold 1,681 shares of the business’s stock in a transaction dated Monday, October 28th. The shares were sold at an average price of $462.40, for a total transaction of $777,294.40. Following the sale, the senior vice president now directly owns 1,415 shares in the company, valued at approximately $654,296. The trade was a 54.30 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Robert Fauber sold 281 shares of the company’s stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $478.99, for a total transaction of $134,596.19. Following the completion of the sale, the chief executive officer now directly owns 61,354 shares of the company’s stock, valued at approximately $29,387,952.46. This represents a 0.46 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.07% of the stock is owned by insiders.

Moody’s Profile

(Free Report)

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.

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

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