Vancity Investment Management Ltd Has $28.62 Million Holdings in Moody’s Corporation $MCO

Vancity Investment Management Ltd lessened its holdings in shares of Moody’s Corporation (NYSE:MCO) by 3.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 56,035 shares of the business services provider’s stock after selling 1,941 shares during the quarter. Moody’s accounts for approximately 3.9% of Vancity Investment Management Ltd’s portfolio, making the stock its 8th largest position. Vancity Investment Management Ltd’s holdings in Moody’s were worth $28,625,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Cromwell Holdings LLC increased its stake in shares of Moody’s by 5.8% during the 4th quarter. Cromwell Holdings LLC now owns 363 shares of the business services provider’s stock worth $185,000 after purchasing an additional 20 shares during the last quarter. DeDora Capital Inc. increased its position in Moody’s by 1.5% in the fourth quarter. DeDora Capital Inc. now owns 1,315 shares of the business services provider’s stock worth $672,000 after buying an additional 20 shares during the last quarter. Guyasuta Investment Advisors Inc. raised its stake in shares of Moody’s by 2.7% in the fourth quarter. Guyasuta Investment Advisors Inc. now owns 753 shares of the business services provider’s stock valued at $385,000 after buying an additional 20 shares during the period. Carnegie Investment Counsel lifted its position in shares of Moody’s by 1.9% during the 4th quarter. Carnegie Investment Counsel now owns 1,081 shares of the business services provider’s stock valued at $552,000 after buying an additional 20 shares during the last quarter. Finally, Quadrant Capital Group LLC grew its stake in shares of Moody’s by 0.4% during the 3rd quarter. Quadrant Capital Group LLC now owns 4,899 shares of the business services provider’s stock worth $2,334,000 after acquiring an additional 21 shares during the period. 92.11% of the stock is owned by institutional investors.

Insider Transactions at Moody’s

In other news, SVP Richard G. Steele sold 158 shares of the business’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $453.67, for a total transaction of $71,679.86. Following the completion of the transaction, the senior vice president owned 1,985 shares of the company’s stock, valued at approximately $900,534.95. The trade was a 7.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Robert Fauber sold 1,467 shares of the company’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $453.67, for a total transaction of $665,533.89. Following the completion of the transaction, the chief executive officer owned 52,564 shares in the company, valued at approximately $23,846,709.88. This trade represents a 2.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 4,717 shares of company stock valued at $2,137,306. Corporate insiders own 0.14% of the company’s stock.

Moody’s Trading Down 1.1%

Moody’s stock opened at $451.20 on Friday. The company has a debt-to-equity ratio of 2.03, a quick ratio of 1.16 and a current ratio of 1.16. Moody’s Corporation has a fifty-two week low of $402.28 and a fifty-two week high of $546.88. The stock has a market cap of $78.82 billion, a P/E ratio of 32.34, a PEG ratio of 2.46 and a beta of 1.35. The firm’s fifty day moving average price is $450.01 and its 200-day moving average price is $468.38.

Moody’s (NYSE:MCO) last posted its quarterly earnings data on Wednesday, April 22nd. The business services provider reported $4.33 earnings per share (EPS) for the quarter, beating the consensus estimate 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 quarter last year, the company earned $3.83 earnings per share. The firm’s quarterly revenue was up 8.1% on a year-over-year basis. 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 firm also recently declared a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Friday, May 15th were given a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Friday, May 15th. Moody’s’s dividend payout ratio (DPR) is 29.53%.

Analyst Ratings Changes

MCO has been the topic of a number of research reports. Wall Street Zen cut Moody’s from a “buy” rating to a “hold” rating in a research note on Saturday, March 21st. Wells Fargo & Company increased their target price on shares of Moody’s from $560.00 to $590.00 and gave the stock an “overweight” rating in a research report on Thursday, April 23rd. BMO Capital Markets reissued a “market perform” rating on shares of Moody’s in a research report on Tuesday, May 26th. Barclays cut their price objective on shares of Moody’s from $580.00 to $550.00 and set an “overweight” rating for the company in a report on Monday, February 23rd. Finally, Wolfe Research reissued an “outperform” rating and set a $535.00 target price on shares of Moody’s in a report on Thursday, April 23rd. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, Moody’s currently has an average rating of “Moderate Buy” and a consensus target price of $541.83.

Moody’s Profile

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.