Capital Advisors Ltd. LLC Has $467,000 Holdings in Moody’s Co. (NYSE:MCO)

Capital Advisors Ltd. LLC raised its stake in Moody’s Co. (NYSE:MCO) by 2.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 984 shares of the business services provider’s stock after buying an additional 24 shares during the quarter. Capital Advisors Ltd. LLC’s holdings in Moody’s were worth $467,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Hennion & Walsh Asset Management Inc. increased its stake in Moody’s by 42.2% in the first quarter. Hennion & Walsh Asset Management Inc. now owns 5,459 shares of the business services provider’s stock valued at $2,146,000 after purchasing an additional 1,621 shares in the last quarter. SteelPeak Wealth LLC acquired a new stake in Moody’s during the 1st quarter worth $234,000. LVW Advisors LLC lifted its holdings in Moody’s by 16.4% during the first quarter. LVW Advisors LLC now owns 1,566 shares of the business services provider’s stock worth $615,000 after acquiring an additional 221 shares in the last quarter. Kowal Investment Group LLC grew its stake in Moody’s by 15.1% in the first quarter. Kowal Investment Group LLC now owns 670 shares of the business services provider’s stock valued at $263,000 after acquiring an additional 88 shares during the period. Finally, Miracle Mile Advisors LLC increased its holdings in shares of Moody’s by 20.9% in the first quarter. Miracle Mile Advisors LLC now owns 3,398 shares of the business services provider’s stock worth $1,336,000 after acquiring an additional 588 shares in the last quarter. Institutional investors own 92.11% of the company’s stock.

Analyst Ratings Changes

MCO has been the subject of several research analyst reports. UBS Group boosted their price objective on Moody’s from $495.00 to $510.00 and gave the company a “neutral” rating in a research report on Wednesday. Bank of America upped their price target on shares of Moody’s from $430.00 to $510.00 and gave the company a “buy” rating in a report on Tuesday, July 16th. Barclays raised their price objective on shares of Moody’s from $500.00 to $570.00 and gave the stock an “overweight” rating in a report on Friday, September 13th. StockNews.com cut shares of Moody’s from a “buy” rating to a “hold” rating in a research report on Wednesday. Finally, Evercore ISI began coverage on Moody’s in a report on Wednesday, October 2nd. They set an “outperform” rating and a $521.00 target price for the company. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, Moody’s currently has a consensus rating of “Hold” and a consensus target price of $500.00.

Insiders Place Their Bets

In other news, insider Stephen T. Tulenko sold 569 shares of Moody’s stock in a transaction that occurred on Monday, August 5th. The stock was sold at an average price of $444.26, for a total transaction of $252,783.94. Following the completion of the transaction, the insider now directly owns 8,147 shares in the company, valued at approximately $3,619,386.22. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In other news, insider Stephen T. Tulenko sold 569 shares of the firm’s stock in a transaction dated Monday, August 5th. The shares were sold at an average price of $444.26, for a total transaction of $252,783.94. Following the completion of the sale, the insider now owns 8,147 shares in the company, valued at approximately $3,619,386.22. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Richard G. Steele sold 1,862 shares of the company’s stock in a transaction dated Thursday, August 8th. The shares were sold at an average price of $455.43, for a total transaction of $848,010.66. Following the completion of the transaction, the senior vice president now owns 1,040 shares in the company, valued at approximately $473,647.20. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 2,931 shares of company stock valued at $1,332,825 over the last 90 days. 0.07% of the stock is currently owned by insiders.

Moody’s Stock Performance

Shares of NYSE MCO opened at $462.80 on Friday. The company has a debt-to-equity ratio of 1.59, a quick ratio of 1.52 and a current ratio of 1.52. The stock has a 50 day moving average price of $478.06 and a 200 day moving average price of $438.56. The stock has a market capitalization of $84.51 billion, a PE ratio of 50.52, a price-to-earnings-growth ratio of 3.10 and a beta of 1.29. Moody’s Co. has a 52 week low of $298.86 and a 52 week high of $495.10.

Moody’s (NYSE:MCO) last released its earnings results on Tuesday, October 22nd. The business services provider reported $3.21 earnings per share for the quarter, beating the consensus estimate of $2.89 by $0.32. Moody’s had a net margin of 28.34% and a return on equity of 57.03%. The business had revenue of $1.81 billion during the quarter, compared to analysts’ expectations of $1.71 billion. During the same period last year, the business earned $2.43 earnings per share. The firm’s revenue was up 23.2% on a year-over-year basis. Analysts predict that Moody’s Co. will post 11.46 earnings per share for the current fiscal year.

Moody’s Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Friday, November 22nd will be issued a dividend of $0.85 per share. This represents a $3.40 dividend on an annualized basis and a yield of 0.73%. The ex-dividend date is Friday, November 22nd. Moody’s’s payout ratio is currently 37.12%.

Moody’s Company 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.