Armstrong Henry H Associates Inc buys $21,943,140 stake in Moody's Corporation (MCO)

Moody's Corporation (MCO) : Armstrong Henry H Associates Inc scooped up 8,504 additional shares in Moody's Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 26, 2016. The investment management firm now holds a total of 229,243 shares of Moody's Corporation which is valued at $21,943,140.Moody's Corporation makes up approximately 4.55% of Armstrong Henry H Associates Inc’s portfolio.

Moody's Corporation opened for trading at $95.79 and hit $96.4 on the upside on Monday, eventually ending the session at $96.01, with a gain of 0.30% or 0.29 points. The heightened volatility saw the trading volume jump to 12,02,741 shares. Company has a market cap of $18,712 M.

Other Hedge Funds, Including , Bnp Paribas Arbitrage Sa boosted its stake in MCO in the latest quarter, The investment management firm added 120,594 additional shares and now holds a total of 134,965 shares of Moody's Corporation which is valued at $13,331,843. Moody's Corporation makes up approx 0.05% of Bnp Paribas Arbitrage Sa’s portfolio. Fisher Asset Management added MCO to its portfolio by purchasing 2,160 company shares during the most recent quarter which is valued at $213,365. Blue Fin Capital sold out all of its stake in MCO during the most recent quarter. The investment firm sold 2,174 shares of MCO which is valued $212,595.Osborne Partners Capital Management reduced its stake in MCO by selling 2,000 shares or 40.0% in the most recent quarter. The Hedge Fund company now holds 3,000 shares of MCO which is valued at $293,370. Moody's Corporation makes up approx 0.04% of Osborne Partners Capital Management’s portfolio.

On the company’s financial health, Moody's Corporation reported $0.93 EPS for the quarter, missing the analyst consensus estimate by $ -0.14 based on the information available during the earnings call on Apr 29, 2016. Analyst had a consensus of $1.07. The company had revenue of $816.10 million for the quarter, compared to analysts expectations of $855.29 million. The company’s revenue was down -4.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.11 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.

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.