CHICAGO TRUST Co NA Has $223,000 Stock Holdings in Moody’s Corporation $MCO

CHICAGO TRUST Co NA decreased its position in Moody’s Corporation (NYSE:MCOFree Report) by 68.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 512 shares of the business services provider’s stock after selling 1,106 shares during the period. CHICAGO TRUST Co NA’s holdings in Moody’s were worth $223,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in MCO. Crown Oak Advisors LLC lifted its position in Moody’s by 1.8% during the 1st quarter. Crown Oak Advisors LLC now owns 16,747 shares of the business services provider’s stock valued at $7,306,000 after purchasing an additional 298 shares during the period. USS Investment Management Ltd raised its stake in shares of Moody’s by 2.4% during the first quarter. USS Investment Management Ltd now owns 27,481 shares of the business services provider’s stock worth $11,996,000 after buying an additional 638 shares during the last quarter. IFM Investors Pty Ltd raised its stake in shares of Moody’s by 3.0% during the first quarter. IFM Investors Pty Ltd now owns 31,012 shares of the business services provider’s stock worth $13,529,000 after buying an additional 895 shares during the last quarter. XXEC Inc. lifted its holdings in Moody’s by 484.3% in the first quarter. XXEC Inc. now owns 69,245 shares of the business services provider’s stock valued at $30,208,000 after buying an additional 57,395 shares during the period. Finally, Severin Investments LLC bought a new position in Moody’s in the first quarter valued at approximately $416,000. 92.11% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Moody’s

In other Moody’s news, SVP Richard G. Steele sold 158 shares of the firm’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $453.67, for a total value of $71,679.86. Following the transaction, the senior vice president directly owned 1,985 shares of the company’s stock, valued at $900,534.95. This trade represents a 7.37% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Robert Fauber sold 1,467 shares of the business’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $453.67, for a total transaction of $665,533.89. Following the completion of the transaction, the chief executive officer owned 52,564 shares of the company’s stock, valued at $23,846,709.88. The trade was a 2.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 3,250 shares of company stock worth $1,495,098 over the last quarter. Corporate insiders own 0.14% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on MCO. Weiss Ratings lowered shares of Moody’s from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, April 27th. BMO Capital Markets reiterated a “market perform” rating on shares of Moody’s in a research note on Tuesday, May 26th. Wells Fargo & Company increased their price target on shares of Moody’s from $560.00 to $590.00 and gave the company an “overweight” rating in a report on Thursday, April 23rd. Wolfe Research restated an “outperform” rating and set a $535.00 price objective on shares of Moody’s in a research report on Thursday, April 23rd. Finally, Mizuho reduced their price objective on Moody’s from $524.00 to $521.00 and set a “neutral” rating for the company in a report on Tuesday, April 28th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, Moody’s presently has an average rating of “Moderate Buy” and an average target price of $541.83.

Check Out Our Latest Stock Analysis on Moody’s

Moody’s Price Performance

Moody’s stock opened at $489.61 on Friday. The firm has a market cap of $85.53 billion, a PE ratio of 35.10, a price-to-earnings-growth ratio of 2.52 and a beta of 1.34. The company has a debt-to-equity ratio of 2.03, a current ratio of 1.16 and a quick ratio of 1.16. The stock’s fifty day moving average price is $451.66 and its two-hundred day moving average price is $466.05. Moody’s Corporation has a one year low of $402.28 and a one year high of $546.88.

Moody’s (NYSE:MCOGet Free Report) last released its earnings results on Wednesday, April 22nd. The business services provider reported $4.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.22 by $0.11. Moody’s had a return on equity of 70.97% and a net margin of 31.69%.The company had revenue of $2.08 billion for the quarter, compared to analyst estimates of $2.11 billion. During the same period in the prior year, the firm posted $3.83 EPS. Moody’s’s quarterly revenue was up 8.1% on a year-over-year basis. Moody’s has set its FY 2026 guidance at 16.400-17.000 EPS. As a group, research analysts expect that Moody’s Corporation will post 16.69 EPS for the current fiscal year.

Moody’s Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Friday, May 15th were paid a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Friday, May 15th. Moody’s’s dividend payout ratio is presently 29.53%.

Moody’s Profile

(Free Report)

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.

Featured Stories

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 Corporation (NYSE:MCOFree Report).

Institutional Ownership by Quarter for Moody's (NYSE:MCO)

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.