Campbell & CO Investment Adviser LLC Lowers Holdings in Moody’s Corporation $MCO

Campbell & CO Investment Adviser LLC lowered its stake in shares of Moody’s Corporation (NYSE:MCO) by 68.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,955 shares of the business services provider’s stock after selling 4,201 shares during the period. Campbell & CO Investment Adviser LLC’s holdings in Moody’s were worth $932,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of MCO. Rexford Capital Inc. bought a new stake in Moody’s in the 2nd quarter valued at $25,000. Newbridge Financial Services Group Inc. purchased a new position in shares of Moody’s during the second quarter valued at about $25,000. Johnson Financial Group Inc. bought a new stake in shares of Moody’s in the second quarter worth about $28,000. Heartwood Wealth Advisors LLC purchased a new stake in shares of Moody’s in the third quarter worth about $31,000. Finally, ORG Partners LLC boosted its stake in Moody’s by 50.0% during the second quarter. ORG Partners LLC now owns 66 shares of the business services provider’s stock valued at $33,000 after buying an additional 22 shares during the last quarter. Institutional investors own 92.11% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Robert Fauber sold 1,167 shares of Moody’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $478.95, for a total transaction of $558,934.65. Following the completion of the sale, 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 document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders sold a total of 1,739 shares of company stock valued at $841,445 in the last 90 days. Company insiders own 0.14% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on MCO. Wall Street Zen cut Moody’s from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. Deutsche Bank Aktiengesellschaft set a $528.00 price target on shares of Moody’s and gave the company a “buy” rating in a research note on Wednesday, October 1st. JPMorgan Chase & Co. lowered their price objective on shares of Moody’s from $580.00 to $560.00 and set an “overweight” rating for the company in a research report on Thursday, October 23rd. Morgan Stanley upped their target price on shares of Moody’s from $520.00 to $526.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 13th. Finally, Mizuho increased their price target on shares of Moody’s from $539.00 to $550.00 and gave the company a “neutral” rating in a report on Tuesday, October 28th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $560.94.

Moody’s Price Performance

Moody’s stock opened at $539.37 on Tuesday. Moody’s Corporation has a 12-month low of $378.71 and a 12-month high of $546.88. The company has a current ratio of 1.84, a quick ratio of 1.84 and a debt-to-equity ratio of 1.70. The firm has a 50-day moving average price of $502.37 and a 200-day moving average price of $499.20. The firm has a market capitalization of $96.22 billion, a PE ratio of 43.36, a price-to-earnings-growth ratio of 2.50 and a beta of 1.45.

Moody’s (NYSE:MCO) last posted its quarterly earnings data on Wednesday, October 22nd. The business services provider reported $3.92 earnings per share 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 analyst estimates of $1.92 billion. During the same period in the prior year, the company posted $3.21 EPS. The firm’s revenue for the quarter was up 10.7% on a year-over-year basis. Moody’s has set its FY 2025 guidance at 14.500-14.750 EPS. As a group, equities research analysts forecast that Moody’s Corporation will post 13.95 EPS for the current year.

Moody’s Company Profile

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.