Moody's Co. (MCO) Receives Consensus Recommendation of “Hold” from Brokerages

Moody's Co. (NYSE:MCO) has received a consensus rating of “Hold” from the fourteen research firms that are currently covering the stock, Marketbeat reports. Eight investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $161.42.

Several equities analysts have weighed in on MCO shares. Argus lifted their target price on Moody's to $165.00 and gave the company a “buy” rating in a research note on Thursday, November 9th. Nomura started coverage on Moody's in a research note on Thursday, January 11th. They set a “buy” rating and a $180.00 target price on the stock. Stifel Nicolaus started coverage on Moody's in a research note on Tuesday, December 19th. They set a “hold” rating and a $167.00 target price on the stock. Cantor Fitzgerald reaffirmed a “hold” rating and set a $148.00 target price on shares of Moody's in a research note on Wednesday, November 29th. Finally, Wells Fargo & Co set a $160.00 target price on Moody's and gave the company a “market perform” rating in a research note on Monday.

In other news, Director Ewald Kist sold 4,000 shares of Moody's stock in a transaction dated Thursday, November 16th. The stock was sold at an average price of $142.00, for a total transaction of $568,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Darrell Duffie sold 500 shares of Moody's stock in a transaction dated Friday, December 29th. The shares were sold at an average price of $147.93, for a total value of $73,965.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 5,005 shares of company stock valued at $716,738. 1.17% of the stock is owned by corporate insiders.

Several institutional investors have recently made changes to their positions in MCO. Valeo Financial Advisors LLC lifted its holdings in shares of Moody's by 2,358.6% during the 4th quarter. Valeo Financial Advisors LLC now owns 713 shares of the business services provider’s stock valued at $105,000 after buying an additional 684 shares during the last quarter. Delpha Capital Management LLC acquired a new stake in shares of Moody's during the 4th quarter valued at about $117,000. Grove Bank & Trust lifted its holdings in shares of Moody's by 156.7% during the 3rd quarter. Grove Bank & Trust now owns 901 shares of the business services provider’s stock valued at $125,000 after buying an additional 550 shares during the last quarter. Tower Research Capital LLC TRC acquired a new stake in shares of Moody's during the 4th quarter valued at about $192,000. Finally, Invictus RG acquired a new stake in shares of Moody's during the 3rd quarter valued at about $199,000. Institutional investors and hedge funds own 87.31% of the company’s stock.

Shares of Moody's (NYSE:MCO) traded up $2.32 on Tuesday, reaching $161.60. The company had a trading volume of 753,973 shares, compared to its average volume of 876,679. The stock has a market cap of $29,551.71, a PE ratio of 31.38, a P/E/G ratio of 1.81 and a beta of 1.36. Moody's has a 1 year low of $108.12 and a 1 year high of $167.23. The company has a debt-to-equity ratio of -48.22, a current ratio of 1.25 and a quick ratio of 1.15.

Moody's (NYSE:MCO) last issued its quarterly earnings results on Friday, February 9th. The business services provider reported $1.51 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.45 by $0.06. Moody's had a negative return on equity of 319.45% and a net margin of 23.80%. The firm had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.07 billion. During the same quarter last year, the business posted $1.23 EPS. Moody's’s revenue was up 23.7% on a year-over-year basis. equities analysts anticipate that Moody's will post 7.75 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Monday, March 12th. Stockholders of record on Tuesday, February 20th will be issued a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a dividend yield of 1.09%. This is a positive change from Moody's’s previous quarterly dividend of $0.38. The ex-dividend date of this dividend is Friday, February 16th. Moody's’s payout ratio is currently 29.51%.

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Moody's Company Profile

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.

Analyst Recommendations for Moody's (NYSE:MCO)

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