Moody's Corporation (MCO) : Agf Investments America added new position in Moody's Corporation during the most recent quarter end. The investment management firm now holds 41,324 shares of Moody's Corporation which is valued at $4,322,077 , the company said in a statement filed on Aug 1, 2016 with the SEC.Moody's Corporation makes up approximately 1.88% of Agf Investments America’s portfolio.
Other Hedge Funds, Including , Clark Estates Incny reduced its stake in MCO by selling 6,000 shares or 18.75% in the most recent quarter. The Hedge Fund company now holds 26,000 shares of MCO which is valued at $2,719,340. Moody's Corporation makes up approx 0.51% of Clark Estates Incny’s portfolio.Tiaa Cref Trust Co Fsbmo boosted its stake in MCO in the latest quarter, The investment management firm added 3,865 additional shares and now holds a total of 54,524 shares of Moody's Corporation which is valued at $5,740,832. Moody's Corporation makes up approx 0.05% of Tiaa Cref Trust Co Fsbmo’s portfolio.Sumitomo Life Insurance Co reduced its stake in MCO by selling 787 shares or 3.4% in the most recent quarter. The Hedge Fund company now holds 22,366 shares of MCO which is valued at $2,325,169. Moody's Corporation makes up approx 0.31% of Sumitomo Life Insurance Co’s portfolio.
Moody's Corporation closed down -0.68 points or -0.65% at $103.91 with 8,31,995 shares getting traded on Thursday. Post opening the session at $104.71, the shares hit an intraday low of $103.69 and an intraday high of $105.03 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
On the company’s financial health, Moody's Corporation reported $1.30 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Jul 22, 2016. Analyst had a consensus of $1.26. The company had revenue of $928.90 million for the quarter, compared to analysts expectations of $906.13 million. The company’s revenue was up 1.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.28 EPS.
Investors should note that on Jul 12, 2016, Moody's Corporation announced a cash dividend of $0.3700. The company’s management has announced Aug 18, 2016 as the ex-dividend date and fixed the record date on Aug 22, 2016. The payable date has been fixed on Sep 12, 2016.
Many Wall Street Analysts have commented on Moody's Corporation. Moody's Corporation was Initiated by Credit Suisse to “Neutral” on Jul 12, 2016.
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 outsourced research and analytical services to financial institution customers. The Company operates in two segments: Moody’s Investors Service (MIS) and Moody’s Analytics (MA). The Company’s MIS segment publishes credit ratings on a range of debt obligations and the entities that issue such obligations in markets across the world including various corporate and Governmental obligations structured finance securities and commercial paper programs. The Company’s MA segment develops a range of products and services that support financial analysis and risk management activities of institutional participants in financial markets.