Allianz SE Has $5.06 Million Stock Position in Moody’s Corporation $MCO

Allianz SE boosted its position in Moody’s Corporation (NYSE:MCO) by 17.5% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,090 shares of the business services provider’s stock after purchasing an additional 1,500 shares during the period. Allianz SE’s holdings in Moody’s were worth $5,061,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the stock. Saudi Central Bank bought a new stake in Moody’s in the first quarter valued at approximately $30,000. ORG Partners LLC increased its stake in shares of Moody’s by 50.0% in the 2nd quarter. ORG Partners LLC now owns 66 shares of the business services provider’s stock valued at $33,000 after acquiring an additional 22 shares in the last quarter. Central Pacific Bank Trust Division lifted its position in shares of Moody’s by 42.9% during the 2nd quarter. Central Pacific Bank Trust Division now owns 80 shares of the business services provider’s stock valued at $40,000 after acquiring an additional 24 shares during the period. Maryland Capital Advisors Inc. acquired a new position in shares of Moody’s during the 2nd quarter valued at $47,000. Finally, Meeder Asset Management Inc. boosted its stake in Moody’s by 132.6% during the first quarter. Meeder Asset Management Inc. now owns 107 shares of the business services provider’s stock worth $50,000 after acquiring an additional 61 shares in the last quarter. 92.11% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Morgan Stanley set a $520.00 price objective on shares of Moody’s in a report on Thursday, October 9th. Robert W. Baird upped their price target on Moody’s from $525.00 to $552.00 and gave the stock an “outperform” rating in a research note on Thursday, July 24th. Seaport Res Ptn upgraded Moody’s to a “strong-buy” rating in a report on Wednesday, October 1st. Weiss Ratings restated a “buy (b)” rating on shares of Moody’s in a report on Friday, October 31st. Finally, BMO Capital Markets lowered their target price on Moody’s from $534.00 to $507.00 and set a “market perform” rating on the stock in a research report on Thursday, October 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $543.07.

Insider Buying and Selling at Moody’s

In other news, CEO Robert Fauber sold 1,167 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $478.95, for a total value of $558,934.65. Following the completion of the transaction, the chief executive officer directly owned 61,082 shares in the company, valued at approximately $29,255,223.90. This trade represents a 1.87% 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. Insiders sold 2,984 shares of company stock worth $1,470,249 in the last quarter. Corporate insiders own 0.14% of the company’s stock.

Moody’s Stock Down 0.5%

MCO stock opened at $490.51 on Thursday. Moody’s Corporation has a 1-year low of $378.71 and a 1-year high of $531.93. The stock’s fifty day simple moving average is $487.26 and its two-hundred day simple moving average is $490.76. The stock has a market cap of $87.51 billion, a P/E ratio of 39.43, a P/E/G ratio of 2.79 and a beta of 1.40. The company has a current ratio of 1.84, a quick ratio of 1.84 and a debt-to-equity ratio of 1.70.

Moody’s (NYSE:MCO) last posted its quarterly earnings results on Wednesday, October 22nd. The business services provider reported $3.92 EPS for the quarter, topping analysts’ consensus estimates of $3.70 by $0.22. Moody’s had a net margin of 29.92% and a return on equity of 63.58%. The company had revenue of $2.01 billion for the quarter, compared to analysts’ expectations of $1.92 billion. During the same quarter in the previous year, the firm posted $3.21 EPS. Moody’s’s revenue was up 10.7% on a year-over-year basis. Moody’s has set its FY 2025 guidance at 14.500-14.750 EPS. Analysts expect that Moody’s Corporation will post 13.95 EPS for the current year.

Moody’s Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 12th. Investors of record on Friday, November 21st will be paid a dividend of $0.94 per share. This represents a $3.76 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Friday, November 21st. Moody’s’s payout ratio is presently 30.23%.

Moody’s Company Profile

Moody’s Corporation operates as an integrated risk assessment firm worldwide. It operates in two segments, Moody’s Analytics and Moody’s Investors Services. The Moody’s Analytics segment develops a range of products and services that support the risk management activities of institutional participants in financial markets.