UMB Bank n.a. decreased its position in shares of Moody’s Co. (NYSE:MCO – Free Report) by 5.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,253 shares of the business services provider’s stock after selling 142 shares during the quarter. UMB Bank n.a.’s holdings in Moody’s were worth $1,067,000 as of its most recent SEC filing.
Several other institutional investors have also recently made changes to their positions in MCO. Planning Capital Management Corp increased its holdings in Moody’s by 566.7% in the third quarter. Planning Capital Management Corp now owns 60 shares of the business services provider’s stock valued at $29,000 after buying an additional 51 shares in the last quarter. Larson Financial Group LLC grew its position in shares of Moody’s by 272.2% during the 3rd quarter. Larson Financial Group LLC now owns 67 shares of the business services provider’s stock valued at $32,000 after acquiring an additional 49 shares during the period. Catalyst Capital Advisors LLC purchased a new position in shares of Moody’s in the 3rd quarter valued at about $36,000. Asset Dedication LLC raised its holdings in Moody’s by 83.0% in the 3rd quarter. Asset Dedication LLC now owns 86 shares of the business services provider’s stock worth $41,000 after purchasing an additional 39 shares during the period. Finally, Sunbelt Securities Inc. boosted its position in Moody’s by 101.9% during the third quarter. Sunbelt Securities Inc. now owns 109 shares of the business services provider’s stock worth $52,000 after purchasing an additional 55 shares in the last quarter. 92.11% of the stock is owned by hedge funds and other institutional investors.
Insider Activity
In other Moody’s news, CEO Robert Fauber sold 281 shares of the firm’s stock in a transaction 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 owns 61,354 shares of the company’s stock, valued at $29,387,952.46. This trade represents a 0.46 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Caroline Sullivan sold 1,681 shares of the company’s stock in a transaction on Monday, October 28th. The shares were sold at an average price of $462.40, for a total value of $777,294.40. Following the completion of the transaction, the senior vice president now directly owns 1,415 shares in the company, valued at approximately $654,296. This trade represents a 54.30 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 2,524 shares of company stock valued at $1,178,413. 0.07% of the stock is currently owned by company insiders.
Analyst Ratings Changes
Read Our Latest Research Report on MCO
Moody’s Stock Up 1.8 %
Shares of MCO opened at $484.59 on Wednesday. Moody’s Co. has a 52-week low of $360.05 and a 52-week high of $503.95. The company has a quick ratio of 1.67, a current ratio of 1.67 and a debt-to-equity ratio of 1.69. The stock has a fifty day simple moving average of $480.32 and a two-hundred day simple moving average of $471.73. The company has a market capitalization of $87.81 billion, a PE ratio of 44.25, a price-to-earnings-growth ratio of 2.78 and a beta of 1.30.
Moody’s (NYSE:MCO – Get Free Report) last issued its earnings results on Tuesday, October 22nd. The business services provider reported $3.21 EPS 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 company had revenue of $1.81 billion for the quarter, compared to the consensus estimate of $1.71 billion. During the same period in the previous year, the firm earned $2.43 earnings per share. Moody’s’s quarterly revenue was up 23.2% compared to the same quarter last year. As a group, equities analysts forecast that Moody’s Co. will post 12.24 EPS for the current year.
Moody’s Company Profile
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.
See Also
- Five stocks we like better than Moody’s
- The 3 Best Fintech Stocks to Buy Now
- SAP’s Strong Momentum: A Bullish Setup for Investors
- Why Invest in High-Yield Dividend Stocks?
- BlackRock Breaks Records: Why the Stock Still Has Room to Run
- Trading Stocks: RSI and Why it’s Useful
- Duke vs. NRG: Which Energy Stock Will Power Higher Gains?
Want to see what other hedge funds are holding MCO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Moody’s Co. (NYSE:MCO – Free Report).
Receive News & Ratings for Moody's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Moody's and related companies with MarketBeat.com's FREE daily email newsletter.