Bar Harbor Wealth Administration purchased a brand new place in shares of Moody’s Co. (NYSE:MCO – Get Score) throughout the 4th quarter, in accordance with its most up-to-date submitting with the SEC. The institutional investor acquired 1,488 shares of the enterprise providers supplier’s inventory, valued at roughly $415,000.
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Numerous different hedge funds and different institutional traders have additionally lately added to or diminished their stakes within the firm. Veritas Asset Administration LLP raised its stake in shares of Moody’s by 137.1% within the third quarter. Veritas Asset Administration LLP now owns 1,308,435 shares of the enterprise providers supplier’s inventory price $318,094,000 after shopping for an extra 756,663 shares within the final quarter. Massachusetts Monetary Companies Co. MA boosted its stake in shares of Moody’s by 23.7% within the 2nd quarter. Massachusetts Monetary Companies Co. MA now owns 2,898,990 shares of the enterprise providers supplier’s inventory price $788,439,000 after shopping for an extra 556,040 shares within the final quarter. Brown Advisory Inc. grew its stake in shares of Moody’s by 30.5% within the 2nd quarter. Brown Advisory Inc. now owns 1,079,102 shares of the enterprise providers supplier’s inventory valued at $293,483,000 after shopping for an extra 252,425 shares within the final quarter. Castleview Companions LLC raised its stake in shares of Moody’s by 26,718.8% within the 2nd quarter. Castleview Companions LLC now owns 250,756 shares of the enterprise providers supplier’s inventory price $922,000 after shopping for an extra 249,821 shares within the final quarter. Lastly, Mitsubishi UFJ Kokusai Asset Administration Co. Ltd. grew its holdings in shares of Moody’s by 243.8% within the third quarter. Now Mitsubishi UFJ Kokusai Asset Administration Co. Ltd. now owns 316,281 shares of the enterprise providers supplier’s inventory valued at $76,891,000 after shopping for an extra 224,279 shares within the final quarter. Presently, 90.84% of the shares are owned by institutional traders.
Moody’s worth indicators
NYSE:MCO opened at $292.73 on Monday. The corporate has a debt-to-equity ratio of two.75, a present ratio of 1.72, and a fast ratio of 1.72. The agency has a market cap of $53.65 billion, a price-to-earnings ratio of 39.35, a price-to-earnings-growth ratio of two.84 and a beta of 1.30. The corporate has a 50-day shifting common of $304.12 and a 200-day shifting common of $285.56. Moody’s Co. has a 1 yr low of $230.16 and a 1 yr excessive of $346.22.
Moody’s (NYSE:MCO – Get Score ) final posted its earnings outcomes on Tuesday, January thirty first. The enterprise providers supplier reported $1.60 earnings per share for the quarter, topping the consensus estimate of $1.42 by $0.18. Moody’s had a web margin of 25.13% and a return on fairness of 62.08%. The agency had income of $1.29 billion for the quarter, in comparison with analyst estimates of $1.27 billion. Throughout the identical interval final yr, the agency earned $2.33 in earnings per share. The corporate’s quarterly income decreased by 16.2% in comparison with the identical interval final yr. Equities analysts predict that Moody’s Co. will submit 9.38 earnings per share for the present yr.
Moody’s will increase dividend
The corporate additionally lately declared a quarterly dividend, which was paid on Friday, March seventeenth. Traders of file on Friday, February twenty fourth had been paid a $0.77 dividend. The ex-dividend date was Thursday, February twenty third. That is $3.08 in annualized dividends and a yield of 1.05%. This is a rise from Moody’s earlier quarterly dividend of $0.70. Moody’s dividend payout ratio (DPR) is at present 41.40%.
Wall Avenue analysts predict development
MCO has been the topic of a variety of latest analyst reviews. Barclays upped their goal worth on shares of Moody’s from $275.00 to $300.00 and gave the inventory an “equal weight” score in a analysis observe on Wednesday, February 1st. Robert W. Baird upped their goal worth on shares of Moody’s from $289.00 to $350.00 and gave the inventory an “outperform” score in a analysis observe on Wednesday, February 1st. Royal Financial institution of Canada upped their goal worth on shares of Moody’s from $329.00 to $350.00 in a analysis observe on Wednesday, February 1st. StockNews.com started protection on shares of Moody’s in a analysis observe on Thursday, March sixteenth. They gave the corporate a “maintain” score. Lastly, Raymond James downgraded shares of Moody’s from an “outperform” score to a “market carry out” score in a analysis observe on Wednesday, February 1st. 9 funding analysts have rated the inventory with a maintain score and 5 have given a purchase score to the corporate. The corporate has a median score of “Maintain” and a median goal worth of $307.67, in accordance with MarketBeat.com.
Insiders make bets
In different Moody’s information, CEO Robert Faubert bought 2,000 shares of Moody’s inventory in a transaction on Thursday, March 2nd. The shares had been bought at a median worth of $285.15, for a complete transaction amounting to $570,300.00. Following the sale, the chief government officer now owns 67,838 shares within the firm, valued at roughly $19,344,005.70. The sale was introduced in a submitting with the SEC, which is accessible on the SEC’s web site. In different Moody’s information, insider Steven T. Tulenko bought 2,818 shares of Moody’s inventory in a transaction on Friday, March third. The shares had been bought at a median worth of $297.10, for a complete transaction amounting to $837,227.80. Following the sale, the insider now owns 6,834 shares within the firm, valued at roughly $2,030,381.40. The sale was introduced in a submitting with the SEC, which is accessible on the SEC’s web site. Additionally, CEO Robert Faubert bought 2,000 shares of Moody’s inventory in a transaction on Thursday, March 2nd. The shares had been bought at a median worth of $285.15, for a complete transaction of $570,300.00. Following the sale, the chief government officer now instantly owns 67,838 shares within the firm, valued at roughly $19,344,005.70. Disclosures for this sale may be discovered right here. Insiders have bought a complete of 23,701 shares of firm inventory valued at $7,046,117 over the past 90 days. 0.42% of shares are owned by insiders.
Moody’s Firm Profile
(Get Score)
Moody’s Corp. is engaged in offering credit score scores, analysis, instruments and evaluation within the international capital markets. It operates by means of Moody’s Traders Service (MIS) and Moody’s Analytics (MA) segments. The MIS section is a credit standing company that publishes credit score scores for debt obligations and entities, together with numerous company and authorities obligations, structured finance securities and industrial paper packages.
Additional studying
Need to see what different hedge funds maintain MCO? Go to HoldingsChannel.com for the most recent 13F filings and insider trades for Moody’s Co. (NYSE:MCO – Get Score ).
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