Lido Advisors LLC Has $3.25 Million Holdings in Moody’s Corporation $MCO

Lido Advisors LLC raised its holdings in Moody’s Corporation (NYSE:MCO) by 31.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,484 shares of the business services provider’s stock after acquiring an additional 1,549 shares during the period. Lido Advisors LLC’s holdings in Moody’s were worth $3,252,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently modified their holdings of MCO. Norges Bank acquired a new position in shares of Moody’s in the 2nd quarter valued at approximately $987,524,000. Nuveen LLC bought a new position in Moody’s in the first quarter valued at approximately $328,595,000. Generation Investment Management LLP acquired a new position in shares of Moody’s in the second quarter valued at approximately $135,968,000. Goldman Sachs Group Inc. increased its position in shares of Moody’s by 21.0% during the first quarter. Goldman Sachs Group Inc. now owns 1,530,582 shares of the business services provider’s stock worth $712,777,000 after acquiring an additional 265,389 shares in the last quarter. Finally, PineStone Asset Management Inc. raised its holdings in shares of Moody’s by 10.3% during the second quarter. PineStone Asset Management Inc. now owns 2,311,020 shares of the business services provider’s stock worth $1,159,185,000 after acquiring an additional 215,551 shares during the period. Institutional investors and hedge funds own 92.11% of the company’s stock.

Moody’s Trading Up 0.1%

Shares of NYSE:MCO opened at $487.83 on Wednesday. Moody’s Corporation has a 52-week low of $378.71 and a 52-week high of $531.93. 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 company has a market capitalization of $87.03 billion, a P/E ratio of 39.21, a price-to-earnings-growth ratio of 2.79 and a beta of 1.45. The company has a 50-day simple moving average of $481.96 and a 200 day simple moving average of $492.22.

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

Moody’s Dividend Announcement

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

Analyst Ratings Changes

MCO has been the topic of several recent research reports. JPMorgan Chase & Co. dropped their price target on Moody’s from $580.00 to $560.00 and set an “overweight” rating on the stock in a research note on Thursday, October 23rd. Seaport Res Ptn upgraded shares of Moody’s to a “strong-buy” rating in a report on Wednesday, October 1st. Raymond James Financial upgraded shares of Moody’s from an “underperform” rating to a “market perform” rating in a research note on Friday, October 17th. Weiss Ratings reiterated a “buy (b)” rating on shares of Moody’s in a report on Friday, October 31st. Finally, Deutsche Bank Aktiengesellschaft set a $528.00 price target on Moody’s and gave the company a “buy” rating in a research note on Wednesday, October 1st. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Moody’s presently has a consensus rating of “Moderate Buy” and an average price target of $543.07.

Insider Buying and Selling

In other Moody’s news, CEO Robert Fauber sold 1,167 shares of the company’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $478.95, for a total value of $558,934.65. Following the transaction, the chief executive officer directly owned 61,082 shares in the company, valued at $29,255,223.90. The trade was a 1.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have sold 2,569 shares of company stock worth $1,253,848 over the last three months. Insiders own 0.14% of the company’s stock.

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.