Meadowbrook Advisors Group LLC Invests $1.29 Million in Moody’s Corporation $MCO

Meadowbrook Advisors Group LLC acquired a new stake in shares of Moody’s Corporation (NYSE:MCO) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 2,534 shares of the business services provider’s stock, valued at approximately $1,294,000.

Other hedge funds also recently made changes to their positions in the company. Newbridge Financial Services Group Inc. bought a new position in Moody’s in the second quarter valued at $25,000. Birchwood Financial Partners Inc. purchased a new stake in Moody’s during the fourth quarter valued at about $26,000. Caitlin John LLC bought a new stake in Moody’s during the third quarter worth about $27,000. Ares Financial Consulting LLC bought a new stake in Moody’s during the fourth quarter worth about $29,000. Finally, Caitong International Asset Management Co. Ltd purchased a new position in shares of Moody’s in the 3rd quarter worth about $30,000. 92.11% of the stock is owned by institutional investors.

Insider Activity at Moody’s

In other Moody’s news, CEO Robert Fauber sold 1,467 shares of the stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $453.67, for a total value of $665,533.89. Following the completion of the sale, 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 position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Richard G. Steele sold 158 shares of Moody’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 value of $71,679.86. Following the completion of the sale, the senior vice president owned 1,985 shares in the company, valued at approximately $900,534.95. This represents a 7.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 4,717 shares of company stock valued at $2,137,306. Company insiders own 0.14% of the company’s stock.

Moody’s Price Performance

Shares of Moody’s stock opened at $451.20 on Friday. The company’s fifty day simple moving average is $450.09 and its two-hundred day simple moving average is $468.26. Moody’s Corporation has a 12-month low of $402.28 and a 12-month high of $546.88. The firm has a market cap of $78.82 billion, a PE ratio of 32.34, a price-to-earnings-growth ratio of 2.43 and a beta of 1.35. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 2.03.

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

Moody’s Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Friday, May 15th were given a dividend of $1.03 per share. The ex-dividend date of this dividend was Friday, May 15th. This represents a $4.12 dividend on an annualized basis and a yield of 0.9%. Moody’s’s dividend payout ratio is presently 29.53%.

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. Weiss Ratings lowered Moody’s from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, April 27th. Wolfe Research restated an “outperform” rating and issued a $535.00 target price on shares of Moody’s in a research report on Thursday, April 23rd. Wells Fargo & Company upped their target price on Moody’s from $560.00 to $590.00 and gave the stock an “overweight” rating in a research note on Thursday, April 23rd. Morgan Stanley reduced their price target on shares of Moody’s from $526.00 to $489.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 7th. Finally, Barclays decreased their price target on shares of Moody’s from $580.00 to $550.00 and set an “overweight” rating on the stock in a research note on Monday, February 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 stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $541.83.

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.