November 28, 2016 - By Adrian Mccoy · 0 Comments
Moodys Corp (NYSE:MCO) institutional sentiment increased to 1.06 in Q2 2016. Its up 0.15, from 0.91 in 2016Q1. The ratio improved, as 192 funds opened new and increased positions, while 211 cut down and sold stock positions in Moodys Corp. The funds in our partner’s database now possess: 162.97 million shares, down from 173.49 million shares in 2016Q1. Also, the number of funds holding Moodys Corp in their top 10 positions decreased from 16 to 14 for a decrease of 2. Sold All: 41 Reduced: 170 Increased: 147 New Position: 45.
Moody’s Corporation 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 has a market cap of $19.35 billion. It operates in two divisions: Moody’s Investors Service (MIS) and Moody’s Analytics (MA). It has a 21.77 P/E ratio. The MIS segment publishes credit ratings on a range of debt obligations and the entities that issue such obligations in markets across the world.
The stock increased 0.16% or $0.16 on November 25, hitting $101.02. Moody’s Corporation (NYSE:MCO) has risen 2.16% since April 25, 2016 and is uptrending. It has underperformed by 3.85% the S&P500.
Analysts await Moody’s Corporation (NYSE:MCO) to report earnings on February, 3. They expect $1.13 earnings per share, up 3.67% or $0.04 from last year’s $1.09 per share. MCO’s profit will be $216.45M for 22.35 P/E if the $1.13 EPS becomes a reality. After $1.34 actual earnings per share reported by Moody’s Corporation for the previous quarter, Wall Street now forecasts -15.67% negative EPS growth.
According to Zacks Investment Research, “Moody’s Corporation is the parent company of Moody’s Investors Service, a leading provider of credit ratings, research and analysis covering debt instruments and securities in the global capital markets, Moody’s KMV, a leading provider of credit risk processing and credit risk management products for banks and investors in credit-sensitive assets serving the world’s largest financial institutions, Moody’s Economy.com, a provider of economic research and data services, and Moody’s Wall Street Analytics, a provider of software tools and analysis for the structured finance industry.”
Windacre Partnership Llc holds 20.34% of its portfolio in Moody’s Corporation for 633,500 shares. Echinus Advisors Llc owns 550,485 shares or 18.64% of their US portfolio. Moreover, Altarock Partners Llc has 16.89% invested in the company for 992,019 shares. The Washington-based Triple Frond Partners Llc has invested 13.19% in the stock. Marshfield Associates, a -based fund reported 1.41 million shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 0 insider purchases, and 17 selling transactions for $43.02 million net activity.
Ratings analysis reveals 38% of Moody’s’s analysts are positive. Out of 8 Wall Street analysts rating Moody’s, 3 give it “Buy”, 0 “Sell” rating, while 5 recommend “Hold”. The lowest target is $16 while the high is $125. The stock’s average target of $99.13 is -1.87% below today’s ($101.02) share price. MCO was included in 14 notes of analysts from October 5, 2015. Argus Research initiated it with “Buy” rating and $120 target price in Monday, October 5 report. Cantor Fitzgerald initiated Moody’s Corporation (NYSE:MCO) rating on Tuesday, November 10. Cantor Fitzgerald has “Hold” rating and $98 price target. The stock of Moody’s Corporation (NYSE:MCO) earned “Overweight” rating by Barclays Capital on Tuesday, October 6. Barclays Capital maintained it with “Overweight” rating and $95 target price in Monday, February 8 report. Argus Research maintained Moody’s Corporation (NYSE:MCO) on Wednesday, August 17 with “Buy” rating. The rating was initiated by Evercore on Thursday, January 7 with “Hold”. On Wednesday, October 14 the stock rating was initiated by Atlantic Securities with “Neutral”. Barclays Capital maintained the shares of MCO in a report on Wednesday, September 21 with “Overweight” rating. Argus Research maintained the stock with “Buy” rating in Monday, February 22 report. The rating was upgraded by UBS to “Buy” on Tuesday, November 17.
Moody’s Corporation (Moody’s), incorporated on June 2, 2000, is a well-known 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 Firm operates in two divisions: Moody’s Investors Service (MIS) and Moody’s Analytics (MA). The Company’s MIS segment consists of the Company’s ratings operations. The Company’s MA segment develops a range of services and products that support financial analysis and risk management activities of institutional participants in financial markets.
More notable recent Moody’s Corporation (NYSE:MCO) news were published by: Businesswire.com which released: “Moody’s Corporation to Present at the Goldman Sachs Financial Services …” on November 28, 2016, also Fool.com with their article: “2 Things to Watch When Moody’s Corporation Reports Earnings” published on July 20, 2016, Moodys.com published: “Moody’s assigns A3 rating to CITIC Group Corporation; outlook negative” on October 06, 2016. More interesting news about Moody’s Corporation (NYSE:MCO) were released by: Nasdaq.com and their article: “Moody’s Corporation (MCO) Ex-Dividend Date Scheduled for November 17, 2016” published on November 16, 2016 as well as Moodys.com‘s news article titled: “Moody’s withdraws all ratings related to Axiall Corporation” with publication date: October 25, 2016.
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By Adrian Mccoy