Veritas Investment Management (uk) Ltd adds Moody's Corporation (MCO) to its portfolio

Moody's Corporation (MCO) : Veritas Investment Management (uk) Ltd added new position in Moody's Corporation during the most recent quarter end. The investment management firm now holds 49,155 shares of Moody's Corporation which is valued at $5,136,698 , the company said in a statement filed on Aug 9, 2016 with the SEC.Moody's Corporation makes up approximately 2.29% of Veritas Investment Management (uk) Ltd’s portfolio.

Other Hedge Funds, Including , Thompson Davis boosted its stake in MCO in the latest quarter, The investment management firm added 400 additional shares and now holds a total of 409 shares of Moody's Corporation which is valued at $42,741. Moody's Corporation makes up approx 0.07% of Thompson Davis’s portfolio.Ropes Wealth Advisors boosted its stake in MCO in the latest quarter, The investment management firm added 1,210 additional shares and now holds a total of 1,407 shares of Moody's Corporation which is valued at $147,046. Moody's Corporation makes up approx 0.05% of Ropes Wealth Advisors’s portfolio.Tdam Usa reduced its stake in MCO by selling 20 shares or 0.35% in the most recent quarter. The Hedge Fund company now holds 5,686 shares of MCO which is valued at $597,314. Moody's Corporation makes up approx 0.03% of Tdam Usa’s portfolio.Quadrant Capital Group boosted its stake in MCO in the latest quarter, The investment management firm added 25 additional shares and now holds a total of 205 shares of Moody's Corporation which is valued at $21,732. Moody's Corporation makes up approx 0.01% of Quadrant Capital Group’s portfolio.

Moody's Corporation opened for trading at $104.12 and hit $104.36 on the upside on Wednesday, eventually ending the session at $104.15, with a gain of 0.04% or 0.04 points. The heightened volatility saw the trading volume jump to 5,20,778 shares. Company has a market cap of $20,028 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.

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.

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