Moody's Co. (NYSE:MCO) Director Darrell Duffie sold 500 shares of the company’s stock in a transaction that occurred on Friday, December 29th. The stock was sold at an average price of $147.93, for a total value of $73,965.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Darrell Duffie also recently made the following trade(s):

  • On Saturday, December 29th, Darrell Duffie sold 500 shares of Moody's stock. The stock was sold at an average price of $147.93, for a total value of $73,965.00.

Shares of Moody's Co. (MCO) traded down $1.48 on Tuesday, hitting $146.13. The stock had a trading volume of 571,598 shares, compared to its average volume of 491,200. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of -32.57. Moody's Co. has a twelve month low of $93.51 and a twelve month high of $153.86. The firm has a market capitalization of $27,910.00, a price-to-earnings ratio of 52.56, a PEG ratio of 2.61 and a beta of 1.36.

Moody's (NYSE:MCO) last released its earnings results on Friday, November 3rd. The business services provider reported $1.52 earnings per share for the quarter, beating the consensus estimate of $1.37 by $0.15. Moody's had a negative return on equity of 187.20% and a net margin of 13.73%. The firm had revenue of $1.06 billion for the quarter, compared to analyst estimates of $992.81 million. During the same quarter in the prior year, the firm posted $1.34 earnings per share. The company’s quarterly revenue was up 15.9% on a year-over-year basis. equities analysts predict that Moody's Co. will post 5.96 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 12th. Stockholders of record on Tuesday, November 21st were given a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.04%. The ex-dividend date of this dividend was Monday, November 20th. Moody's’s dividend payout ratio is currently 54.68%.

A number of research analysts have recently commented on MCO shares. Argus upped their price target on Moody's to $165.00 and gave the stock a “buy” rating in a report on Thursday, November 9th. Stifel Nicolaus started coverage on Moody's in a research report on Tuesday, December 19th. They set a “hold” rating and a $167.00 price objective on the stock. Cantor Fitzgerald restated a “hold” rating and set a $148.00 price objective on shares of Moody's in a research report on Sunday, November 19th. BMO Capital Markets boosted their price objective on Moody's from $143.00 to $146.00 and gave the company a “market perform” rating in a research report on Monday, November 6th. Finally, Piper Jaffray Companies restated a “hold” rating and set a $149.00 price objective (up from $140.00) on shares of Moody's in a research report on Wednesday, October 4th. Seven analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. Moody's presently has a consensus rating of “Hold” and a consensus target price of $153.40.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Grove Bank & Trust raised its position in shares of Moody's by 156.7% during the third quarter. Grove Bank & Trust now owns 901 shares of the business services provider’s stock worth $125,000 after purchasing an additional 550 shares during the period. Sun Life Financial INC grew its holdings in shares of Moody's by 12,200.0% during the second quarter. Sun Life Financial INC now owns 1,230 shares of the business services provider’s stock worth $150,000 after buying an additional 1,220 shares in the last quarter. Salem Investment Counselors Inc. grew its holdings in shares of Moody's by 0.6% during the second quarter. Salem Investment Counselors Inc. now owns 1,346 shares of the business services provider’s stock worth $164,000 after buying an additional 8 shares in the last quarter. Invictus RG bought a new position in shares of Moody's during the third quarter worth about $199,000. Finally, IFC Holdings Incorporated FL bought a new position in shares of Moody's during the third quarter worth about $203,000. 87.32% of the stock is currently owned by institutional investors.

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About Moody's

Moody’s Corporation (Moody’s) 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 research and analytical services to financial institution customers.

Insider Buying and Selling by Quarter for Moody's (NYSE:MCO)

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