Janus Henderson Group PLC decreased its stake in Moody's Co. (NYSE:MCO) by 17.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 110,126 shares of the business services provider’s stock after selling 22,866 shares during the period. Janus Henderson Group PLC owned 0.06% of Moody's worth $15,330,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Vanguard Group Inc. lifted its holdings in shares of Moody's by 2.9% in the 2nd quarter. Vanguard Group Inc. now owns 16,203,350 shares of the business services provider’s stock worth $1,971,623,000 after purchasing an additional 463,669 shares during the last quarter. BlackRock Inc. lifted its holdings in shares of Moody's by 1.7% in the 2nd quarter. BlackRock Inc. now owns 10,350,596 shares of the business services provider’s stock worth $1,259,461,000 after purchasing an additional 169,560 shares during the last quarter. Fiera Capital Corp raised its stake in Moody's by 17.8% during the 2nd quarter. Fiera Capital Corp now owns 5,793,968 shares of the business services provider’s stock valued at $705,010,000 after acquiring an additional 876,210 shares in the last quarter. Principal Financial Group Inc. raised its stake in Moody's by 0.7% during the 3rd quarter. Principal Financial Group Inc. now owns 5,128,216 shares of the business services provider’s stock valued at $713,898,000 after acquiring an additional 33,723 shares in the last quarter. Finally, Harris Associates L P raised its stake in Moody's by 8.5% during the 2nd quarter. Harris Associates L P now owns 3,670,649 shares of the business services provider’s stock valued at $446,645,000 after acquiring an additional 288,906 shares in the last quarter. 87.18% of the stock is currently owned by institutional investors and hedge funds.

In other news, Director Darrell Duffie sold 500 shares of Moody's stock in a transaction on Friday, September 29th. The stock was sold at an average price of $138.41, for a total transaction of $69,205.00. Following the transaction, the director now directly owns 21,804 shares in the company, valued at approximately $3,017,891.64. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Ewald Kist sold 4,000 shares of Moody's stock in a transaction on Thursday, November 16th. The shares were sold at an average price of $142.00, for a total value of $568,000.00. The disclosure for this sale can be found here. 1.17% of the stock is currently owned by company insiders.

MCO has been the topic of several recent analyst reports. 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. Barclays lifted their target price on Moody's from $135.00 to $150.00 and gave the company an “equal weight” rating in a research note on Friday, September 15th. Morgan Stanley reaffirmed an “equal weight” rating and set a $135.00 target price (up previously from $134.00) on shares of Moody's in a research note on Friday, October 6th. Cantor Fitzgerald reaffirmed a “hold” rating and set a $148.00 target price on shares of Moody's in a research note on Monday, November 6th. Finally, BMO Capital Markets reaffirmed a “hold” rating and set a $143.00 target price on shares of Moody's in a research note on Friday, October 13th. Seven research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $153.40.

Moody's Co. (NYSE MCO) opened at $146.99 on Friday. Moody's Co. has a 1 year low of $93.51 and a 1 year high of $153.86. The stock has a market capitalization of $27,980.00, a price-to-earnings ratio of 52.87, a PEG ratio of 2.61 and a beta of 1.36. The company has a debt-to-equity ratio of -32.57, a quick ratio of 1.15 and a current ratio of 1.15.

Moody's (NYSE:MCO) last issued its quarterly earnings results on Friday, November 3rd. The business services provider reported $1.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.37 by $0.15. Moody's had a negative return on equity of 187.20% and a net margin of 13.73%. The company had revenue of $1.06 billion for the quarter, compared to analysts’ expectations of $992.81 million. During the same period last year, the firm earned $1.34 EPS. The firm’s revenue for the quarter was up 15.9% on a year-over-year basis. sell-side analysts predict that Moody's Co. will post 5.96 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 12th. Stockholders of record on Tuesday, November 21st were given a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 1.03%. The ex-dividend date was Monday, November 20th. Moody's’s dividend payout ratio (DPR) is presently 54.68%.

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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.

Institutional Ownership by Quarter for Moody's (NYSE:MCO)

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