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Moody's Co. (NYSE:MCO) Insider Mark Almeida sold 36,850 shares of Moody's Co. stock in a transaction dated Thursday, August 14th. The shares were sold at an average price of $91.60, for a total transaction of $3,375,460.00. Following the sale, the insider now directly owns 124,725 shares of the company’s stock, valued at approximately $11,424,810. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Several analysts have recently commented on the stock. Analysts at Goldman Sachs raised their price target on shares of Moody's Co. from $80.00 to $83.00 in a research note on Tuesday, August 5th. Separately, analysts at Benchmark Co. raised their price target on shares of Moody's Co. from $81.00 to $96.00 in a research note on Tuesday, July 29th. Finally, analysts at Barclays reiterated an “overweight” rating on shares of Moody's Co. in a research note on Monday, July 28th. They now have a $104.00 price target on the stock, up previously from $100.00. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $90.33.

Shares of Moody's Co. (NYSE:MCO) traded down 0.37% on Friday, hitting $91.36. 1,486,869 shares of the company’s stock traded hands. Moody's Co. has a one year low of $62.95 and a one year high of $95.00. The stock has a 50-day moving average of $89.48 and a 200-day moving average of $83.06. The company has a market cap of $19.295 billion and a price-to-earnings ratio of 21.66.

Moody's Co. (NYSE:MCO) last posted its quarterly earnings results on Friday, July 25th. The company reported $1.12 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.01 by $0.11. The company had revenue of $873.50 million for the quarter, compared to the consensus estimate of $801.50 million. During the same quarter in the prior year, the company posted $1.00 earnings per share. The company’s quarterly revenue was up 15.5% on a year-over-year basis. On average, analysts predict that Moody's Co. will post $4.01 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Wednesday, September 10th. Shareholders of record on Wednesday, August 20th will be given a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a yield of 1.23%. The ex-dividend date of this dividend is Monday, August 18th.

Moody’s Corporation (NYSE:MCO) is a provider of credit ratings; credit, capital markets and economic related research, data and analytical tools; software solutions and related risk management services; quantitative credit risk measures, financial services training and certification services, and outsourced research and analytical services to institutional customers.

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