Moody's Corporation (MCO) : Egerton Capital (uk) Llp reduced its stake in Moody's Corporation by 4.25% during the most recent quarter end. The investment management company now holds a total of 2,556,627 shares of Moody's Corporation which is valued at $267,193,088 after selling 113,496 shares in Moody's Corporation , the firm said in a disclosure report filed with the SEC on Aug 8, 2016.Moody's Corporation makes up approximately 2.79% of Egerton Capital (uk) Llp’s portfolio.
Other Hedge Funds, Including , Norinchukin Bank The boosted its stake in MCO in the latest quarter, The investment management firm added 1,129 additional shares and now holds a total of 19,330 shares of Moody's Corporation which is valued at $2,020,178. Moody's Corporation makes up approx 0.05% of Norinchukin Bank The’s portfolio.Proficio Capital Partners boosted its stake in MCO in the latest quarter, The investment management firm added 30 additional shares and now holds a total of 104 shares of Moody's Corporation which is valued at $11,025. Moody's Corporation makes up approx 0.01% of Proficio Capital Partners’s portfolio.Legacy Private Trust reduced its stake in MCO by selling 1,360 shares or 9.92% in the most recent quarter. The Hedge Fund company now holds 12,348 shares of MCO which is valued at $1,283,698. Moody's Corporation makes up approx 0.18% of Legacy Private Trust’s portfolio.
Moody's Corporation opened for trading at $103.92 and hit $105.47 on the upside on Monday, eventually ending the session at $105.07, with a gain of 1.56% or 1.61 points. The heightened volatility saw the trading volume jump to 6,33,455 shares. Company has a market cap of $20,205 M.
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.
Investors should note that on Jul 12, 2016, Moody's Corporation announced a cash dividend of $0.3700. The company’s management has announced Aug 18, 2016 as the ex-dividend date and fixed the record date on Aug 22, 2016. The payable date has been fixed on Sep 12, 2016.
Many Wall Street Analysts have commented on Moody's Corporation. Moody's Corporation was Initiated by Credit Suisse to “Neutral” on Jul 12, 2016.
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.