Lombard Odier Asset Management Switzerland SA Invests $2.28 Million in Moody’s Corporation $MCO

Lombard Odier Asset Management Switzerland SA purchased a new stake in shares of Moody’s Corporation (NYSE:MCOFree Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 5,234 shares of the business services provider’s stock, valued at approximately $2,283,000.

Several other large investors have also recently modified their holdings of MCO. Wilkerson Advisory Group LLC increased its stake in Moody’s by 87.1% during the 1st quarter. Wilkerson Advisory Group LLC now owns 58 shares of the business services provider’s stock valued at $25,000 after purchasing an additional 27 shares in the last quarter. Newbridge Financial Services Group Inc. purchased a new position in Moody’s in the second quarter worth about $25,000. Whipplewood Advisors LLC lifted its stake in shares of Moody’s by 1,866.7% in the first quarter. Whipplewood Advisors LLC now owns 59 shares of the business services provider’s stock worth $26,000 after buying an additional 56 shares in the last quarter. Birchwood Financial Partners Inc. bought a new position in shares of Moody’s in the fourth quarter worth approximately $26,000. Finally, Nalls Sherbakoff Group LLC purchased a new stake in shares of Moody’s during the fourth quarter valued at approximately $27,000. Hedge funds and other institutional investors own 92.11% of the company’s stock.

Moody’s Stock Down 0.0%

MCO opened at $471.30 on Monday. The stock has a market capitalization of $81.63 billion, a price-to-earnings ratio of 29.89, a PEG ratio of 2.34 and a beta of 1.34. The firm has a 50 day moving average price of $465.04 and a 200-day moving average price of $464.36. Moody’s Corporation has a twelve month low of $402.28 and a twelve month high of $546.88. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 2.01.

Moody’s (NYSE:MCOGet Free Report) last issued its earnings results on Wednesday, July 22nd. The business services provider reported $4.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.26 by $0.42. Moody’s had a net margin of 34.25% and a return on equity of 80.35%. The company had revenue of $2.19 billion for the quarter, compared to analysts’ expectations of $2.09 billion. During the same quarter last year, the company posted $3.56 earnings per share. The firm’s quarterly revenue was up 15.1% on a year-over-year basis. Moody’s has set its FY 2026 guidance at 16.500-17.000 EPS. Equities research analysts forecast that Moody’s Corporation will post 16.82 earnings per share for the current year.

Moody’s Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Friday, August 14th will be paid a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Friday, August 14th. Moody’s’s dividend payout ratio (DPR) is 26.13%.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on MCO shares. Barclays boosted their price objective on shares of Moody’s from $550.00 to $575.00 and gave the stock an “overweight” rating in a report on Friday, July 10th. JPMorgan Chase & Co. increased their target price on Moody’s from $530.00 to $600.00 and gave the company an “overweight” rating in a research note on Monday, July 20th. Jefferies Financial Group began coverage on Moody’s in a report on Friday, July 17th. They issued a “buy” rating and a $610.00 target price for the company. Bank of America restated a “buy” rating and issued a $565.00 price target on shares of Moody’s in a research note on Wednesday, April 22nd. Finally, Weiss Ratings raised Moody’s from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, July 15th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $553.11.

Get Our Latest Stock Analysis on MCO

Key Headlines Impacting Moody’s

Here are the key news stories impacting Moody’s this week:

Insider Buying and Selling at Moody’s

In other Moody’s news, CEO Robert Fauber sold 1,467 shares of the stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $453.67, for a total value of $665,533.89. Following the transaction, the chief executive officer owned 52,564 shares of the company’s stock, valued at approximately $23,846,709.88. This represents a 2.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing 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, SVP Richard G. Steele sold 158 shares of the firm’s stock in a transaction dated 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 transaction, the senior vice president directly owned 1,985 shares in the company, valued at $900,534.95. The trade was a 7.37% 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. Insiders sold 3,250 shares of company stock valued at $1,495,098 in the last ninety days. 0.14% of the stock is currently owned by corporate insiders.

Moody’s Profile

(Free Report)

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.

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

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