Robert Fauber Sells 3,721 Shares of Moody’s Co. (NYSE:MCO) Stock

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Moody’s Co. (NYSE:MCO) insider Robert Fauber sold 3,721 shares of Moody’s stock in a transaction that occurred on Monday, August 12th. The shares were sold at an average price of $212.71, for a total transaction of $791,493.91. Following the transaction, the insider now directly owns 48,382 shares in the company, valued at $10,291,335.22. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Robert Fauber also recently made the following trade(s):

  • On Friday, May 17th, Robert Fauber sold 460 shares of Moody’s stock. The shares were sold at an average price of $186.52, for a total transaction of $85,799.20.
  • On Wednesday, May 15th, Robert Fauber sold 460 shares of Moody’s stock. The stock was sold at an average price of $184.85, for a total transaction of $85,031.00.

NYSE MCO opened at $209.95 on Friday. The company’s fifty day simple moving average is $204.63 and its 200-day simple moving average is $187.73. Moody’s Co. has a 52 week low of $129.26 and a 52 week high of $220.68. The company has a current ratio of 1.71, a quick ratio of 1.71 and a debt-to-equity ratio of 10.04. The stock has a market cap of $40.32 billion, a P/E ratio of 28.41 and a beta of 1.26.

Moody’s (NYSE:MCO) last posted its earnings results on Wednesday, July 31st. The business services provider reported $2.07 EPS for the quarter, topping analysts’ consensus estimates of $1.98 by $0.09. Moody’s had a net margin of 27.66% and a return on equity of 266.42%. The business had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $1.20 billion. During the same period in the previous year, the company posted $2.04 earnings per share. The business’s revenue for the quarter was up 3.3% compared to the same quarter last year. On average, research analysts expect that Moody’s Co. will post 8.02 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 10th. Investors of record on Tuesday, August 20th will be issued a $0.50 dividend. The ex-dividend date is Monday, August 19th. This represents a $2.00 annualized dividend and a yield of 0.95%. Moody’s’s dividend payout ratio is presently 27.06%.

A number of research analysts have recently commented on the stock. BMO Capital Markets boosted their target price on shares of Moody’s from $189.00 to $194.00 and gave the stock a “market perform” rating in a research report on Thursday, April 25th. Wells Fargo & Co boosted their target price on shares of Moody’s from $170.00 to $195.00 and gave the stock a “market perform” rating in a research report on Thursday, April 25th. JPMorgan Chase & Co. boosted their target price on shares of Moody’s from $220.00 to $240.00 and gave the stock an “overweight” rating in a research report on Thursday, August 1st. Barclays reissued a “buy” rating on shares of Moody’s in a research report on Sunday, August 4th. Finally, UBS Group boosted their target price on shares of Moody’s from $200.00 to $215.00 and gave the stock a “neutral” rating in a research report on Thursday, August 1st. Two analysts have rated the stock with a sell rating, seven have given a hold rating and four have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $200.27.

A number of institutional investors and hedge funds have recently bought and sold shares of MCO. Krane Funds Advisors LLC acquired a new stake in Moody’s in the second quarter valued at $25,000. Capital Investment Advisory Services LLC raised its holdings in Moody’s by 203.6% in the second quarter. Capital Investment Advisory Services LLC now owns 167 shares of the business services provider’s stock valued at $34,000 after acquiring an additional 112 shares in the last quarter. University of Texas Texas AM Investment Managment Co. acquired a new stake in Moody’s in the first quarter valued at $36,000. Meeder Asset Management Inc. acquired a new stake in Moody’s in the second quarter valued at $37,000. Finally, Resources Investment Advisors Inc. acquired a new stake in Moody’s in the first quarter valued at $40,000. 92.85% of the stock is currently owned by hedge funds and other institutional investors.

About Moody’s

Moody's Corporation provides credit ratings; and credit, capital markets, and economic research, data, and analytical tools worldwide. It operates through two segments, Moody's Investors Service and Moody's Analytics. The Moody's Investors Service segment publishes credit ratings on various debt obligations and entities that issue such obligations, such as various corporate and governmental obligations, structured finance securities, and commercial paper programs.

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

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