Moody's Corporation (MCO) : Dock Street Asset Management Inc added new position in Moody's Corporation during the most recent quarter end. The investment management firm now holds 25,814 shares of Moody's Corporation which is valued at $2,549,907 , the company said in a statement filed on Apr 20, 2016 with the SEC.Moody's Corporation makes up approximately 2.38% of Dock Street Asset Management Inc’s portfolio.
Moody's Corporation closed down -0.85 points or -0.85% at $98.78 with 13,74,237 shares getting traded on Friday. Post opening the session at $98.88, the shares hit an intraday low of $98.5 and an intraday high of $99.85 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
Other Hedge Funds, Including , New York State Teachers Retirement System reduced its stake in MCO by selling 829 shares or 0.25% in the most recent quarter. The Hedge Fund company now holds 333,435 shares of MCO which is valued at $32,936,709. Moody's Corporation makes up approx 0.09% of New York State Teachers Retirement System’s portfolio.Cue Financial Group boosted its stake in MCO in the latest quarter, The investment management firm added 2,495 additional shares and now holds a total of 8,030 shares of Moody's Corporation which is valued at $785,254. Moody's Corporation makes up approx 0.67% of Cue Financial Group’s portfolio.Oregon Public Employees Retirement Fund boosted its stake in MCO in the latest quarter, The investment management firm added 395 additional shares and now holds a total of 23,456 shares of Moody's Corporation which is valued at $2,293,762. Moody's Corporation makes up approx 0.05% of Oregon Public Employees Retirement Fund’s portfolio.Capstone Asset Management Co reduced its stake in MCO by selling 1,500 shares or 8.32% in the most recent quarter. The Hedge Fund company now holds 16,527 shares of MCO which is valued at $1,616,175. Moody's Corporation makes up approx 0.05% of Capstone Asset Management Co’s portfolio.
On the company’s financial health, Moody's Corporation reported $1.09 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Feb 5, 2016. Analyst had a consensus of $1.05. The company had revenue of $865.90 million for the quarter, compared to analysts expectations of $855.89 million. The company’s revenue was down -1.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.12 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.