Burney Co. Has $1.94 Million Stock Position in Moody’s Corporation $MCO

Burney Co. lowered its stake in shares of Moody’s Corporation (NYSE:MCO) by 20.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,456 shares of the business services provider’s stock after selling 1,118 shares during the quarter. Burney Co.’s holdings in Moody’s were worth $1,944,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of MCO. Newbridge Financial Services Group Inc. bought a new position in shares of Moody’s during the 2nd quarter worth about $25,000. Birchwood Financial Partners Inc. bought a new stake in shares of Moody’s in the fourth quarter valued at about $26,000. Nalls Sherbakoff Group LLC acquired a new stake in Moody’s during the fourth quarter worth about $27,000. Ares Financial Consulting LLC bought a new position in Moody’s during the fourth quarter valued at about $29,000. Finally, Caitong International Asset Management Co. Ltd bought a new position in Moody’s during the third quarter valued at about $30,000. 92.11% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have commented on MCO shares. Mizuho reduced their price objective on Moody’s from $524.00 to $521.00 and set a “neutral” rating for the company in a research report on Tuesday, April 28th. BMO Capital Markets upped their target price on Moody’s from $489.00 to $515.00 and gave the company a “market perform” rating in a research note on Tuesday. Rothschild & Co Redburn set a $500.00 target price on Moody’s in a research report on Thursday, June 18th. Wolfe Research reiterated an “outperform” rating and set a $535.00 price target on shares of Moody’s in a research note on Thursday, April 23rd. Finally, Wells Fargo & Company boosted their price target on shares of Moody’s from $560.00 to $590.00 and gave the company an “overweight” rating in a report on Thursday, April 23rd. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $543.67.

Insider Transactions at Moody’s

In other news, CEO Robert Fauber sold 1,467 shares of the company’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $466.39, for a total transaction of $684,194.13. Following the transaction, the chief executive officer directly owned 75,189 shares in the company, valued at approximately $35,067,397.71. This represents a 1.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Richard G. Steele sold 158 shares of the stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $453.67, for a total transaction of $71,679.86. Following the sale, the senior vice president directly owned 1,985 shares in the company, valued at $900,534.95. This trade represents a 7.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 3,250 shares of company stock valued at $1,495,098. Insiders own 0.14% of the company’s stock.

Moody’s Price Performance

Moody’s stock opened at $500.99 on Wednesday. The business’s fifty day moving average is $453.90 and its two-hundred day moving average is $466.12. The company has a debt-to-equity ratio of 2.03, a quick ratio of 1.16 and a current ratio of 1.16. The firm has a market cap of $87.52 billion, a P/E ratio of 35.91, a P/E/G ratio of 2.69 and a beta of 1.34. Moody’s Corporation has a 52 week low of $402.28 and a 52 week high of $546.88.

Moody’s (NYSE:MCO) last announced its earnings results on Wednesday, April 22nd. The business services provider reported $4.33 earnings per share for the quarter, beating analysts’ consensus estimates of $4.22 by $0.11. Moody’s had a return on equity of 70.97% and a net margin of 31.69%.The company had revenue of $2.08 billion during the quarter, compared to analyst estimates of $2.11 billion. During the same period last year, the company posted $3.83 earnings per share. The firm’s quarterly revenue was up 8.1% compared to the same quarter last year. Moody’s has set its FY 2026 guidance at 16.400-17.000 EPS. Equities research analysts forecast that Moody’s Corporation will post 16.69 earnings per share for the current fiscal year.

Moody’s Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Friday, May 15th were paid a $1.03 dividend. The ex-dividend date of this dividend was Friday, May 15th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 0.8%. Moody’s’s payout ratio is currently 29.53%.

About Moody’s

Moody’s Corporation is a global provider of credit ratings, research, data and analytics that support financial decision-making and transparency in capital markets. The company traces its origins to the early 20th century when financial analyst John Moody began publishing credit information; today Moody’s is headquartered in New York and serves a broad set of market participants including investors, issuers, financial institutions, corporations, governments and regulators.

Moody’s operates primarily through two complementary businesses.