BSN CAPITAL PARTNERS Ltd Makes New $100,000 Investment in Moody’s Corporation $MCO

BSN CAPITAL PARTNERS Ltd purchased a new position in Moody’s Corporation (NYSE:MCO) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 208 shares of the business services provider’s stock, valued at approximately $100,000. Moody’s makes up 0.0% of BSN CAPITAL PARTNERS Ltd’s portfolio, making the stock its 13th biggest holding.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MCO. Nuveen LLC bought a new stake in Moody’s in the first quarter worth about $328,595,000. Goldman Sachs Group Inc. raised its holdings in Moody’s by 21.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,530,582 shares of the business services provider’s stock worth $712,777,000 after buying an additional 265,389 shares during the period. PineStone Asset Management Inc. raised its holdings in Moody’s by 10.3% during the 2nd quarter. PineStone Asset Management Inc. now owns 2,311,020 shares of the business services provider’s stock worth $1,159,185,000 after buying an additional 215,551 shares during the period. Envestnet Asset Management Inc. raised its holdings in Moody’s by 70.0% during the 1st quarter. Envestnet Asset Management Inc. now owns 447,444 shares of the business services provider’s stock worth $208,370,000 after buying an additional 184,297 shares during the period. Finally, Acadian Asset Management LLC raised its holdings in Moody’s by 29.9% during the 1st quarter. Acadian Asset Management LLC now owns 634,762 shares of the business services provider’s stock worth $295,570,000 after buying an additional 146,141 shares during the period. 92.11% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, SVP Richard G. Steele sold 1,457 shares of the business’s stock in a transaction that occurred on Tuesday, July 29th. The stock was sold at an average price of $508.83, for a total value of $741,365.31. Following the completion of the sale, the senior vice president owned 1,386 shares of the company’s stock, valued at approximately $705,238.38. The trade was a 51.25% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Noemie Clemence Heuland sold 897 shares of the business’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 value of $455,891.28. Following the completion of the sale, the chief financial officer directly owned 2,148 shares of the company’s stock, valued at approximately $1,091,699.52. The trade was a 29.46% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 9,423 shares of company stock worth $4,812,135 in the last quarter. Corporate insiders own 0.14% of the company’s stock.

Moody’s Trading Down 1.7%

NYSE:MCO opened at $484.17 on Friday. The company has a debt-to-equity ratio of 1.70, a current ratio of 1.75 and a quick ratio of 1.75. Moody’s Corporation has a fifty-two week low of $378.71 and a fifty-two week high of $531.93. The stock’s 50-day moving average is $501.29 and its two-hundred day moving average is $482.58. The stock has a market cap of $86.67 billion, a PE ratio of 41.14, a price-to-earnings-growth ratio of 3.00 and a beta of 1.41.

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

Moody’s Dividend Announcement

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

Analyst Ratings Changes

Several analysts have issued reports on the company. Oppenheimer boosted their price objective on Moody’s from $552.00 to $563.00 and gave the stock an “outperform” rating in a report on Thursday, July 24th. Barclays boosted their price objective on Moody’s from $520.00 to $580.00 and gave the stock an “overweight” rating in a report on Thursday, July 24th. Weiss Ratings restated a “buy (b-)” rating on shares of Moody’s in a report on Wednesday. JPMorgan Chase & Co. lifted their target price on Moody’s from $495.00 to $565.00 and gave the company an “overweight” rating in a research note on Monday, July 21st. Finally, Robert W. Baird lifted their target price on Moody’s from $525.00 to $552.00 and gave the company an “outperform” rating in a research note on Thursday, July 24th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $542.79.

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.