Campbell & CO Investment Adviser LLC Has $3.09 Million Holdings in Moody’s Corporation $MCO

Campbell & CO Investment Adviser LLC raised its stake in shares of Moody’s Corporation (NYSE:MCO) by 266.2% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 6,156 shares of the business services provider’s stock after purchasing an additional 4,475 shares during the period. Campbell & CO Investment Adviser LLC’s holdings in Moody’s were worth $3,088,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in MCO. Saudi Central Bank purchased a new position in shares of Moody’s during the first quarter valued at approximately $30,000. ORG Partners LLC raised its position in Moody’s by 50.0% in the 2nd quarter. ORG Partners LLC now owns 66 shares of the business services provider’s stock valued at $33,000 after buying an additional 22 shares during the last quarter. Central Pacific Bank Trust Division lifted its stake in Moody’s by 42.9% during the 2nd quarter. Central Pacific Bank Trust Division now owns 80 shares of the business services provider’s stock valued at $40,000 after acquiring an additional 24 shares in the last quarter. Maryland Capital Advisors Inc. purchased a new position in Moody’s during the 2nd quarter worth $47,000. Finally, Meeder Asset Management Inc. grew its stake in shares of Moody’s by 132.6% in the 1st quarter. Meeder Asset Management Inc. now owns 107 shares of the business services provider’s stock worth $50,000 after acquiring an additional 61 shares in the last quarter. 92.11% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Barclays boosted their price target on shares of Moody’s from $520.00 to $580.00 and gave the stock an “overweight” rating in a report on Thursday, July 24th. Seaport Res Ptn raised shares of Moody’s to a “strong-buy” rating in a research report on Wednesday, October 1st. Stifel Nicolaus cut their target price on Moody’s from $526.00 to $471.00 and set a “hold” rating on the stock in a research note on Thursday, October 23rd. Oppenheimer increased their price target on Moody’s from $552.00 to $563.00 and gave the company an “outperform” rating in a research report on Thursday, July 24th. Finally, Robert W. Baird boosted their price objective on Moody’s from $525.00 to $552.00 and gave the stock an “outperform” rating in a research report on Thursday, July 24th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, Moody’s presently has an average rating of “Moderate Buy” and a consensus target price of $543.07.

Insider Activity at Moody’s

In related news, CEO Robert Fauber sold 1,167 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $478.95, for a total value of $558,934.65. Following the completion of the transaction, the chief executive officer directly owned 61,082 shares of the company’s stock, valued at approximately $29,255,223.90. This trade represents a 1.87% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last 90 days, insiders have sold 2,984 shares of company stock worth $1,470,249. Corporate insiders own 0.14% of the company’s stock.

Moody’s Stock Performance

NYSE:MCO opened at $487.81 on Monday. The company has a market capitalization of $87.03 billion, a P/E ratio of 39.21, a P/E/G ratio of 2.79 and a beta of 1.40. The business has a fifty day simple moving average of $487.99 and a two-hundred day simple moving average of $490.06. The company has a debt-to-equity ratio of 1.70, a current ratio of 1.84 and a quick ratio of 1.84. Moody’s Corporation has a 1 year low of $378.71 and a 1 year high of $531.93.

Moody’s (NYSE:MCO) last posted its quarterly earnings results on Wednesday, October 22nd. The business services provider reported $3.92 earnings per share for the quarter, topping the consensus estimate of $3.70 by $0.22. Moody’s had a return on equity of 63.58% and a net margin of 29.92%.The company had revenue of $2.01 billion during the quarter, compared to the consensus estimate of $1.92 billion. During the same quarter in the prior year, the company earned $3.21 EPS. The firm’s quarterly revenue was up 10.7% compared to the same quarter last year. Moody’s has set its FY 2025 guidance at 14.500-14.750 EPS. On average, 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 declared a quarterly dividend, which will be paid on Friday, December 12th. Stockholders of record on Friday, November 21st will be given a $0.94 dividend. The ex-dividend date of this dividend is Friday, November 21st. This represents a $3.76 annualized dividend and a dividend yield of 0.8%. Moody’s’s payout ratio is 30.23%.

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.