Pensionfund Dsm Netherlands Exits Position in Moody's Corporation (MCO)

Moody's Corporation (MCO) : Pensionfund Dsm Netherlands has sold out all of its stake in Moody's Corporation during the most recent quarter, according to a report filed by the company on Apr 4, 2016 with the SEC. The investment management company has sold out 46,000 shares of Moody's Corporation which is valued at $4.3 Million.

Other Hedge Funds, Including , Pensionfund Sabic sold out all of its stake in MCO during the most recent quarter. The investment firm sold 21,000 shares of MCO which is valued $2 Million.

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.

Many Wall Street Analysts have commented on Moody's Corporation. Moody's Corporation was Downgraded by Piper Jaffray to ” Neutral” on Jan 7, 2016.

Moody's Corporation opened for trading at $93.8 and hit $95.19 on the upside on Monday, eventually ending the session at $93.97, with a gain of 0.71% or 0.66 points. The heightened volatility saw the trading volume jump to 11,40,567 shares. Company has a market cap of $18,315 M.

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.

Leave a Reply

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.