Moodys Corp (MCO) Market Value Rose While Allen Investment Management LLC Has Trimmed Holding

June 12, 2018 - By Michael Pereira

Moody's Corporation (NYSE:MCO) LogoInvestors sentiment decreased to 0.98 in Q1 2018. Its down 0.37, from 1.35 in 2017Q4. It dived, as 37 investors sold MCO shares while 188 reduced holdings. 56 funds opened positions while 164 raised stakes. 159.76 million shares or 0.86% more from 158.40 million shares in 2017Q4 were reported. Pnc Fincl Service Gp holds 0.05% or 296,554 shares in its portfolio. Allen Inv Management Limited Liability Corp holds 3.98% or 592,894 shares. Loring Wolcott & Coolidge Fiduciary Advsrs Ltd Liability Partnership Ma reported 2,469 shares. Hightower Advisors Lc owns 4,854 shares for 0.01% of their portfolio. Moreover, Profund Advisors Ltd Liability has 0.03% invested in Moody's Corporation (NYSE:MCO). State Board Of Administration Of Florida Retirement Sys has invested 0.11% in Moody's Corporation (NYSE:MCO). Moreover, Mackenzie Fincl has 0.18% invested in Moody's Corporation (NYSE:MCO) for 442,292 shares. Florida-based Palisades Hudson Asset Management LP has invested 0.19% in Moody's Corporation (NYSE:MCO). Glenmede Tru Na invested in 0% or 7,356 shares. Agf Investments America holds 2.15% or 34,981 shares. Quantbot Technologies Limited Partnership reported 0.07% in Moody's Corporation (NYSE:MCO). George Kaiser Family Foundation owns 9,181 shares. The Idaho-based Caprock Inc has invested 0.09% in Moody's Corporation (NYSE:MCO). Vaughan Nelson Invest Management Limited Partnership reported 294,586 shares stake. Gabelli Funds Ltd reported 9,000 shares or 0.01% of all its holdings.

Since January 31, 2018, it had 0 buys, and 14 selling transactions for $33.11 million activity. On Wednesday, May 30 the insider GOGGINS JOHN J sold $4.53 million. $81,218 worth of stock was sold by Crimmins Michael S on Monday, March 5. Huber Linda also sold $4.92M worth of Moody's Corporation (NYSE:MCO) shares. Another trade for 4,344 shares valued at $727,259 was sold by Cantor Richard. On Monday, April 2 Duffie Darrell sold $80,480 worth of Moody's Corporation (NYSE:MCO) or 500 shares. Shares for $588,000 were sold by Fauber Robert.

Allen Investment Management Llc decreased its stake in Moodys Corp (MCO) by 7.27% based on its latest 2018Q1 regulatory filing with the SEC. Allen Investment Management Llc sold 46,517 shares as the company’s stock rose 2.25% while stock markets declined. The hedge fund held 592,894 shares of the consumer services company at the end of 2018Q1, valued at $95.63 million, down from 639,411 at the end of the previous reported quarter. Allen Investment Management Llc who had been investing in Moodys Corp for a number of months, seems to be less bullish one the $34.12 billion market cap company. The stock decreased 0.78% or $1.39 during the last trading session, reaching $177.82. About 591,951 shares traded. Moody's Corporation (NYSE:MCO) has risen 49.33% since June 12, 2017 and is uptrending. It has outperformed by 36.76% the S&P500.

Allen Investment Management Llc, which manages about $2.32 billion and $2.40B US Long portfolio, upped its stake in Microsoft Corp (NASDAQ:MSFT) by 50,395 shares to 1.49 million shares, valued at $135.63M in 2018Q1, according to the filing. It also increased its holding in Alphabet Inc by 3,316 shares in the quarter, for a total of 127,574 shares, and has risen its stake in Fiserv Inc (NASDAQ:FISV).

Analysts await Moody's Corporation (NYSE:MCO) to report earnings on July, 20. They expect $1.87 EPS, up 23.84 % or $0.36 from last year’s $1.51 per share. MCO’s profit will be $358.86 million for 23.77 P/E if the $1.87 EPS becomes a reality. After $2.02 actual EPS reported by Moody's Corporation for the previous quarter, Wall Street now forecasts -7.43 % negative EPS growth.

More recent Moody's Corporation (NYSE:MCO) news were published by: Seekingalpha.com which released: “Tracking Warren Buffett’s Berkshire Hathaway Portfolio – Q1 2018 Update” on May 16, 2018. Also Seekingalpha.com published the news titled: “Moody’s invests in AI-based predictive analytics firm” on May 29, 2018. Businesswire.com‘s news article titled: “Moody’s Corporation to Present at the Stifel Cross Sector Insight Conference on June 11, 2018 in Boston” with publication date: June 04, 2018 was also an interesting one.

Moody's Corporation (NYSE:MCO) Ratings Coverage

Among 9 analysts covering Moody’s Corp (NYSE:MCO), 2 have Buy rating, 0 Sell and 7 Hold. Therefore 22% are positive. Moody’s Corp has $203.0 highest and $155 lowest target. $176.67’s average target is -0.65% below currents $177.82 stock price. Moody’s Corp had 17 analyst reports since December 19, 2017 according to SRatingsIntel. Cantor Fitzgerald maintained Moody's Corporation (NYSE:MCO) rating on Monday, February 12. Cantor Fitzgerald has “Neutral” rating and $155 target. The firm has “Equal-Weight” rating by Morgan Stanley given on Monday, April 30. The rating was maintained by BMO Capital Markets on Friday, February 9 with “Hold”. The firm earned “Hold” rating on Wednesday, January 10 by Piper Jaffray. The firm earned “Buy” rating on Wednesday, April 25 by Nomura. BMO Capital Markets maintained the stock with “Market Perform” rating in Monday, April 30 report. Morgan Stanley maintained the stock with “Equal-Weight” rating in Thursday, April 12 report. The rating was maintained by Piper Jaffray with “Hold” on Tuesday, January 23. On Wednesday, April 18 the stock rating was maintained by BMO Capital Markets with “Hold”. The stock of Moody's Corporation (NYSE:MCO) has “Neutral” rating given on Monday, February 12 by Credit Suisse.

Moody's Corporation (NYSE:MCO) Institutional Positions Chart

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