Kintegral Advisory LLC Reduces Position in Moody’s Corporation $MCO

Kintegral Advisory LLC reduced its position in Moody’s Corporation (NYSE:MCO) by 0.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,759 shares of the business services provider’s stock after selling 24 shares during the quarter. Kintegral Advisory LLC’s holdings in Moody’s were worth $7,905,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in MCO. Oregon Public Employees Retirement Fund grew its stake in shares of Moody’s by 0.8% during the second quarter. Oregon Public Employees Retirement Fund now owns 13,369 shares of the business services provider’s stock valued at $6,706,000 after buying an additional 100 shares during the last quarter. Astoria Portfolio Advisors LLC. purchased a new position in Moody’s during the 2nd quarter valued at $226,000. Sequoia Financial Advisors LLC grew its position in Moody’s by 19.3% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 4,515 shares of the business services provider’s stock valued at $2,264,000 after acquiring an additional 731 shares during the last quarter. Lion Street Advisors LLC increased its stake in Moody’s by 6.0% in the second quarter. Lion Street Advisors LLC now owns 655 shares of the business services provider’s stock worth $329,000 after purchasing an additional 37 shares during the period. Finally, MGO One Seven LLC lifted its position in shares of Moody’s by 11.1% during the second quarter. MGO One Seven LLC now owns 1,024 shares of the business services provider’s stock worth $514,000 after purchasing an additional 102 shares during the last quarter. Institutional investors own 92.11% of the company’s stock.

Moody’s Price Performance

NYSE MCO opened at $484.17 on Monday. The company has a market cap of $86.67 billion, a PE ratio of 41.14, a P/E/G ratio of 2.98 and a beta of 1.41. The firm’s 50 day moving average price is $501.29 and its 200-day moving average price is $482.67. The company has a debt-to-equity ratio of 1.70, a quick ratio of 1.75 and a current ratio of 1.75. Moody’s Corporation has a 52-week low of $378.71 and a 52-week high of $531.93.

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

Moody’s Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 5th. Investors of record on Friday, August 15th were given a dividend of $0.94 per share. The ex-dividend date of this dividend was Friday, August 15th. This represents a $3.76 dividend on an annualized basis and a yield of 0.8%. Moody’s’s dividend payout ratio (DPR) is presently 31.95%.

Insider Buying and Selling

In other Moody’s news, CFO Noemie Clemence Heuland sold 897 shares of Moody’s stock in a transaction dated Tuesday, July 29th. The stock was sold at an average price of $508.24, for a total value of $455,891.28. Following the transaction, the chief financial officer owned 2,148 shares in the company, valued at $1,091,699.52. The trade was a 29.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Robert Fauber sold 415 shares of the stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $512.65, for a total transaction of $212,749.75. Following the sale, the chief executive officer directly owned 61,350 shares of the company’s stock, valued at approximately $31,451,077.50. The trade was a 0.67% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 9,423 shares of company stock valued at $4,812,135 over the last three months. Corporate insiders own 0.14% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Seaport Res Ptn upgraded shares of Moody’s to a “strong-buy” rating in a report on Wednesday, October 1st. Oppenheimer upped their target price on shares of Moody’s from $552.00 to $563.00 and gave the stock an “outperform” rating in a research note on Thursday, July 24th. Wells Fargo & Company lifted their price target on shares of Moody’s from $595.00 to $597.00 and gave the company an “overweight” rating in a research note on Friday, September 19th. UBS Group boosted their price target on Moody’s from $445.00 to $515.00 and gave the company a “neutral” rating in a report on Tuesday, July 8th. Finally, Morgan Stanley set a $520.00 price objective on Moody’s in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $542.79.

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.