Commonwealth of Pennsylvania Public School Empls Retrmt SYS Has $1.76 Million Holdings in Moody’s Co. (MCO)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in Moody’s Co. (NYSE:MCO) by 6.8% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 9,715 shares of the business services provider’s stock after buying an additional 621 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Moody’s were worth $1,759,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of MCO. University of Texas Texas AM Investment Managment Co. purchased a new stake in shares of Moody’s during the 1st quarter worth approximately $36,000. Pearl River Capital LLC purchased a new stake in shares of Moody’s during the 4th quarter worth approximately $28,000. JNBA Financial Advisors purchased a new stake in shares of Moody’s during the 4th quarter worth approximately $43,000. CWM LLC increased its stake in shares of Moody’s by 123.0% during the 1st quarter. CWM LLC now owns 310 shares of the business services provider’s stock worth $56,000 after purchasing an additional 171 shares during the last quarter. Finally, JOYN Advisors Inc. increased its stake in shares of Moody’s by 1,747.4% during the 4th quarter. JOYN Advisors Inc. now owns 351 shares of the business services provider’s stock worth $49,000 after purchasing an additional 332 shares during the last quarter. Hedge funds and other institutional investors own 93.51% of the company’s stock.

MCO opened at $185.93 on Friday. The company has a market capitalization of $35.25 billion, a P/E ratio of 25.02, a price-to-earnings-growth ratio of 2.25 and a beta of 1.30. Moody’s Co. has a 12 month low of $129.26 and a 12 month high of $197.73. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 17.70.

Moody’s (NYSE:MCO) last released its quarterly earnings data on Wednesday, April 24th. The business services provider reported $2.07 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.88 by $0.19. The company had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.13 billion. Moody’s had a net margin of 29.38% and a return on equity of 281.55%. Moody’s’s revenue for the quarter was up 1.4% on a year-over-year basis. During the same period last year, the firm earned $2.02 EPS. On average, equities analysts expect that Moody’s Co. will post 7.91 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 10th. Investors of record on Monday, May 20th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 1.08%. The ex-dividend date of this dividend is Friday, May 17th. Moody’s’s dividend payout ratio (DPR) is presently 27.06%.

In related news, insider Raymond W. Mcdaniel sold 44,146 shares of the firm’s stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of $175.20, for a total value of $7,734,379.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Melanie Hughes sold 3,039 shares of the firm’s stock in a transaction that occurred on Monday, May 6th. The stock was sold at an average price of $197.52, for a total transaction of $600,263.28. Following the completion of the transaction, the senior vice president now directly owns 3,912 shares of the company’s stock, valued at $772,698.24. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 173,224 shares of company stock valued at $32,121,975. 0.90% of the stock is owned by insiders.

Several equities research analysts have recently issued reports on the stock. Wells Fargo & Co raised their price target on shares of Moody’s from $170.00 to $195.00 and gave the stock a “market perform” rating in a research note on Thursday, April 25th. BMO Capital Markets raised their price target on shares of Moody’s from $189.00 to $194.00 and gave the stock a “market perform” rating in a research note on Thursday, April 25th. Cantor Fitzgerald raised their price target on shares of Moody’s from $168.00 to $192.00 and gave the stock a “neutral” rating in a research note on Thursday, April 25th. UBS Group raised their price target on shares of Moody’s from $170.00 to $198.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 9th. Finally, Piper Jaffray Companies raised their price target on shares of Moody’s from $178.00 to $205.00 and gave the stock a “neutral” rating in a research note on Friday, April 5th. 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. Moody’s currently has an average rating of “Hold” and a consensus price target of $183.00.

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Moody’s Profile

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

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