Raub Brock Capital Management LP Decreases Stake in Moody’s Corporation $MCO

Raub Brock Capital Management LP reduced its holdings in Moody’s Corporation (NYSE:MCO) by 4.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,592 shares of the business services provider’s stock after selling 1,541 shares during the period. Moody’s makes up 3.6% of Raub Brock Capital Management LP’s holdings, making the stock its 13th biggest position. Raub Brock Capital Management LP’s holdings in Moody’s were worth $16,348,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. REAP Financial Group LLC lifted its stake in shares of Moody’s by 184.0% in the second quarter. REAP Financial Group LLC now owns 142 shares of the business services provider’s stock worth $71,000 after buying an additional 92 shares in the last quarter. Sax Wealth Advisors LLC purchased a new position in shares of Moody’s in the second quarter worth about $287,000. Shell Asset Management Co. lifted its stake in shares of Moody’s by 15.9% in the second quarter. Shell Asset Management Co. now owns 37,188 shares of the business services provider’s stock worth $18,653,000 after buying an additional 5,115 shares in the last quarter. Slow Capital Inc. lifted its stake in shares of Moody’s by 0.5% in the second quarter. Slow Capital Inc. now owns 7,256 shares of the business services provider’s stock worth $3,639,000 after buying an additional 39 shares in the last quarter. Finally, Roundview Capital LLC lifted its stake in shares of Moody’s by 7.3% in the second quarter. Roundview Capital LLC now owns 11,684 shares of the business services provider’s stock worth $5,861,000 after buying an additional 795 shares in the last quarter. 92.11% of the stock is owned by hedge funds and other institutional investors.

Moody’s Price Performance

Moody’s stock opened at $488.24 on Wednesday. The company’s 50 day simple moving average is $502.56 and its 200-day simple moving average is $482.23. The company has a market capitalization of $87.40 billion, a price-to-earnings ratio of 41.48, a price-to-earnings-growth ratio of 2.99 and a beta of 1.41. Moody’s Corporation has a 1 year low of $378.71 and a 1 year high of $531.93. The company has a debt-to-equity ratio of 1.70, a quick ratio of 1.75 and a current ratio of 1.75.

Moody’s (NYSE:MCO) last released its quarterly earnings results on Wednesday, July 23rd. The business services provider reported $3.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.39 by $0.17. The business had revenue of $1.90 billion for the quarter, compared to the consensus estimate of $1.82 billion. Moody’s had a net margin of 29.18% and a return on equity of 60.73%. The business’s revenue was up 4.5% on a year-over-year basis. During the same period in the previous year, the firm earned $3.28 EPS. Moody’s has set its FY 2025 guidance at 13.500-14.000 EPS. As a group, equities research analysts expect that Moody’s Corporation will post 13.95 earnings per share for the current year.

Moody’s Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 5th. Investors of record on Friday, August 15th were issued a $0.94 dividend. The ex-dividend date was Friday, August 15th. This represents a $3.76 dividend on an annualized basis and a dividend yield of 0.8%. Moody’s’s payout ratio is 31.95%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Morgan Stanley raised their price target on shares of Moody’s from $493.00 to $498.00 and gave the stock an “equal weight” rating in a research note on Monday, July 7th. Wells Fargo & Company lifted their target price on shares of Moody’s from $595.00 to $597.00 and gave the stock an “overweight” rating in a research note on Friday, September 19th. Oppenheimer lifted their target price on shares of Moody’s from $552.00 to $563.00 and gave the stock an “outperform” rating in a research note on Thursday, July 24th. Seaport Res Ptn raised shares of Moody’s to a “strong-buy” rating in a research note on Wednesday, October 1st. Finally, Barclays lifted their target price on shares of Moody’s from $520.00 to $580.00 and gave the stock an “overweight” rating in a research note on Thursday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, Moody’s has a consensus rating of “Moderate Buy” and a consensus price target of $541.21.

Insider Transactions at Moody’s

In related news, insider Stephen T. Tulenko sold 2,120 shares of Moody’s stock in a transaction that occurred on Wednesday, July 30th. The shares were sold at an average price of $511.18, for a total value of $1,083,701.60. Following the completion of the transaction, the insider owned 5,558 shares in the company, valued at approximately $2,841,138.44. The trade was a 27.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Noemie Clemence Heuland sold 897 shares of Moody’s stock in a transaction that occurred on Tuesday, July 29th. The shares were sold at an average price of $508.24, for a total transaction of $455,891.28. Following the completion of the transaction, the chief financial officer owned 2,148 shares of the company’s stock, valued at $1,091,699.52. This trade represents a 29.46% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 9,423 shares of company stock valued at $4,812,135. 0.14% of the stock is owned by corporate insiders.

Moody’s 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.