Parametrica Management Ltd adds Moody's Corporation (MCO) to its portfolio

Moody's Corporation (MCO) : Parametrica Management Ltd added new position in Moody's Corporation during the most recent quarter end. The investment management firm now holds 4,314 shares of Moody's Corporation which is valued at $459,916 , the company said in a statement filed on Oct 13, 2016 with the SEC.Moody's Corporation makes up approximately 1.30% of Parametrica Management Ltd’s portfolio.

Other Hedge Funds, Including , Gulf International Bank (uk) Ltd reduced its stake in MCO by selling 4,400 shares or 7.92% in the most recent quarter. The Hedge Fund company now holds 51,167 shares of MCO which is valued at $5,454,914. Moody's Corporation makes up approx 0.09% of Gulf International Bank (uk) Ltd’s portfolio.Legacy Private Trust boosted its stake in MCO in the latest quarter, The investment management firm added 30,165 additional shares and now holds a total of 42,513 shares of Moody's Corporation which is valued at $4,573,549. Moody's Corporation makes up approx 0.63% of Legacy Private Trust’s portfolio.Oregon Public Employees Retirement Fund reduced its stake in MCO by selling 6,189 shares or 26.16% in the most recent quarter. The Hedge Fund company now holds 17,467 shares of MCO which is valued at $1,906,523. Moody's Corporation makes up approx 0.04% of Oregon Public Employees Retirement Fund’s portfolio.Fisher Asset Management boosted its stake in MCO in the latest quarter, The investment management firm added 75 additional shares and now holds a total of 2,335 shares of Moody's Corporation which is valued at $254,865.

Moody's Corporation closed down -1.57 points or -1.44% at $107.58 with 6,32,484 shares getting traded on Tuesday. Post opening the session at $109, the shares hit an intraday low of $106.9503 and an intraday high of $109 and the price fluctuated in this range throughout the day.Shares ended Tuesday 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.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Moody's Corporation - Is it time to Sell?

Top Brokerage Firms are advising their investors on Moody's Corporation. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.