Moore Capital Management LP Invests $6.23 Million in Moody’s Corporation $MCO

Moore Capital Management LP purchased a new position in Moody’s Corporation (NYSE:MCO) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 13,747 shares of the business services provider’s stock, valued at approximately $6,226,000.

A number of other large investors have also added to or reduced their stakes in the stock. Jasper Ridge Partners L.P. purchased a new stake in Moody’s in the second quarter worth approximately $4,483,000. Okabena Investment Services Inc. grew its position in Moody’s by 5.8% during the second quarter. Okabena Investment Services Inc. now owns 2,143 shares of the business services provider’s stock valued at $971,000 after buying an additional 118 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Moody’s by 2.4% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,420,099 shares of the business services provider’s stock valued at $643,191,000 after buying an additional 33,024 shares during the period. New Mexico Educational Retirement Board increased its holdings in Moody’s by 8.5% during the second quarter. New Mexico Educational Retirement Board now owns 7,692 shares of the business services provider’s stock valued at $3,484,000 after buying an additional 600 shares during the last quarter. Finally, Royal London Asset Management Ltd. raised its position in Moody’s by 275.2% in the second quarter. Royal London Asset Management Ltd. now owns 319,889 shares of the business services provider’s stock worth $144,884,000 after acquiring an additional 234,640 shares during the period. Hedge funds and other institutional investors own 92.11% of the company’s stock.

Moody’s Stock Performance

Shares of Moody’s stock opened at $515.69 on Monday. Moody’s Corporation has a 52 week low of $402.28 and a 52 week high of $546.88. The company has a market capitalization of $89.32 billion, a PE ratio of 32.70, a price-to-earnings-growth ratio of 2.55 and a beta of 1.33. The stock’s fifty day moving average is $484.86 and its two-hundred day moving average is $460.16. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 2.01.

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

Moody’s Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on MCO. Rothschild & Co Redburn set a $500.00 price objective on Moody’s in a research note on Thursday, June 18th. Mizuho raised their price objective on shares of Moody’s from $521.00 to $530.00 and gave the company a “neutral” rating in a research report on Monday, July 27th. Morgan Stanley set a $512.00 price target on Moody’s in a research note on Wednesday, July 22nd. JPMorgan Chase & Co. lifted their target price on Moody’s from $530.00 to $600.00 and gave the company an “overweight” rating in a research note on Monday, July 20th. Finally, UBS Group reissued a “neutral” rating and set a $505.00 price objective on shares of Moody’s in a report on Thursday, July 23rd. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $553.61.

Insider Activity

In other Moody’s news, CEO Robert Fauber sold 1,467 shares of Moody’s 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 owned 51,964 shares in the company, valued at approximately $25,166,165.20. This trade represents a 2.75% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.14% of the stock is currently owned by company insiders.

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.