Livforsakringsbolaget Skandia Omsesidigt Invests $489,000 in Moody’s Corporation $MCO

Livforsakringsbolaget Skandia Omsesidigt acquired a new stake in shares of Moody’s Corporation (NYSE:MCO) during the 2nd quarter, Holdings Channel.com reports. The firm acquired 1,080 shares of the business services provider’s stock, valued at approximately $489,000.

A number of other large investors have also bought and sold shares of MCO. Edgestream Partners L.P. grew its holdings in shares of Moody’s by 806.7% during the first quarter. Edgestream Partners L.P. now owns 9,239 shares of the business services provider’s stock worth $4,031,000 after buying an additional 8,220 shares in the last quarter. Norges Bank bought a new stake in Moody’s in the 4th quarter valued at approximately $1,097,101,000. Qsemble Capital Management LP lifted its stake in Moody’s by 78.3% in the 4th quarter. Qsemble Capital Management LP now owns 5,703 shares of the business services provider’s stock valued at $2,913,000 after acquiring an additional 2,505 shares in the last quarter. National Pension Service boosted its position in Moody’s by 38.7% during the 4th quarter. National Pension Service now owns 514,377 shares of the business services provider’s stock worth $262,769,000 after acquiring an additional 143,515 shares during the last quarter. Finally, TRB Advisors LP boosted its position in Moody’s by 200.0% during the 4th quarter. TRB Advisors LP now owns 30,000 shares of the business services provider’s stock worth $15,326,000 after acquiring an additional 20,000 shares during the last quarter. 92.11% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on MCO shares. Mizuho lifted their price objective on shares of Moody’s from $521.00 to $530.00 and gave the company a “neutral” rating in a report on Monday, July 27th. Citigroup reiterated a “buy” rating on shares of Moody’s in a research note on Wednesday, July 29th. Rothschild & Co Redburn set a $500.00 price objective on Moody’s in a report on Thursday, June 18th. Robert W. Baird increased their price target on Moody’s from $557.00 to $572.00 and gave the company an “outperform” rating in a research report on Thursday, July 23rd. Finally, Morgan Stanley set a $512.00 price target on Moody’s in a research report on Wednesday, July 22nd. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $553.61.

Insider Buying and Selling at Moody’s

In other Moody’s news, SVP Richard G. Steele sold 158 shares of Moody’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $453.67, for a total value of $71,679.86. Following the transaction, the senior vice president owned 1,985 shares in the company, valued at $900,534.95. The trade was a 7.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Robert Fauber sold 1,467 shares of the stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $484.30, for a total transaction of $710,468.10. Following the completion of the transaction, the chief executive officer directly owned 51,964 shares of the company’s stock, valued at $25,166,165.20. This trade represents a 2.75% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 3,092 shares of company stock worth $1,447,682. 0.14% of the stock is currently owned by insiders.

Moody’s Trading Up 1.3%

Shares of Moody’s stock opened at $515.69 on Friday. The company has a debt-to-equity ratio of 2.01, a quick ratio of 1.19 and a current ratio of 1.19. The firm has a 50-day moving average of $484.86 and a 200-day moving average of $460.08. Moody’s Corporation has a 52-week low of $402.28 and a 52-week high of $546.88. The stock has a market cap of $89.32 billion, a PE ratio of 32.70, a PEG ratio of 2.55 and a beta of 1.33.

Moody’s (NYSE:MCO) last issued its quarterly earnings data on Wednesday, July 22nd. The business services provider reported $4.68 earnings per share for the quarter, topping the consensus estimate of $4.26 by $0.42. The business had revenue of $2.19 billion during the quarter, compared to analysts’ expectations of $2.09 billion. Moody’s had a net margin of 34.25% and a return on equity of 80.35%. The business’s revenue was up 15.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.56 EPS. Moody’s has set its FY 2026 guidance at 16.500-17.000 EPS. As a group, sell-side analysts forecast that Moody’s Corporation will post 16.89 EPS for the current year.

Moody’s Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Friday, August 14th will be given a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Friday, August 14th. Moody’s’s dividend payout ratio is presently 26.13%.

Moody’s Company Profile

Moody’s Corporation is a global provider of credit ratings, research, data and analytics that support financial decision-making and transparency in capital markets. The company traces its origins to the early 20th century when financial analyst John Moody began publishing credit information; today Moody’s is headquartered in New York and serves a broad set of market participants including investors, issuers, financial institutions, corporations, governments and regulators.

Moody’s operates primarily through two complementary businesses.