Moody's Corporation (MCO) : Ghp Investment Advisors scooped up 57 additional shares in Moody's Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 3, 2016. The investment management firm now holds a total of 25,414 shares of Moody's Corporation which is valued at $2,658,050.Moody's Corporation makes up approximately 0.51% of Ghp Investment Advisors’s portfolio.
Other Hedge Funds, Including , Migdal Insurance Financial Holdings Ltd. reduced its stake in MCO by selling 36,920 shares or 16.62% in the most recent quarter. The Hedge Fund company now holds 185,160 shares of MCO which is valued at $19,365,884. Moody's Corporation makes up approx 0.51% of Migdal Insurance Financial Holdings Ltd.’s portfolio.Tokio Marine Asset Management Co Ltd reduced its stake in MCO by selling 441 shares or 6.84% in the most recent quarter. The Hedge Fund company now holds 6,003 shares of MCO which is valued at $631,035. Moody's Corporation makes up approx 0.06% of Tokio Marine Asset Management Co Ltd’s portfolio. Eagle Asset Management Inc added MCO to its portfolio by purchasing 204,007 company shares during the most recent quarter which is valued at $21,263,650. Moody's Corporation makes up approx 0.14% of Eagle Asset Management Inc’s portfolio.Sarasin Partners Llp boosted its stake in MCO in the latest quarter, The investment management firm added 41,706 additional shares and now holds a total of 469,116 shares of Moody's Corporation which is valued at $48,769,299. Moody's Corporation makes up approx 0.78% of Sarasin Partners Llp’s portfolio.
Moody's Corporation closed down -0.55 points or -0.52% at $104.5 with 4,61,480 shares getting traded on Monday. Post opening the session at $104.76, the shares hit an intraday low of $104.33 and an intraday high of $105.15 and the price fluctuated in this range throughout the day.Shares ended Monday 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.