Schwartz Investment Counsel INC Stake in Moodys Corp (MCO) Has Lowered as Share Price Rose

July 14, 2018 - By Brian Ramirez

Moody's Corporation (NYSE:MCO) LogoInvestors sentiment decreased to 0.98 in Q1 2018. Its down 0.37, from 1.35 in 2017Q4. It fall, 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. Aperio Group Limited Liability Com stated it has 93,021 shares or 0.07% of all its holdings. Fdx Advisors has invested 0.01% in Moody's Corporation (NYSE:MCO). Credit Suisse Ag owns 264,044 shares. Jupiter Asset Mgmt Limited reported 0.13% stake. Tci Wealth Advisors reported 0.02% of its portfolio in Moody's Corporation (NYSE:MCO). Kentucky Retirement Tru Fund holds 3,806 shares or 0.12% of its portfolio. Tradewinds Cap Management Limited Liability has invested 0.01% of its portfolio in Moody's Corporation (NYSE:MCO). Amp Cap Invsts Ltd holds 68,429 shares. Advantus Capital Inc holds 0.07% or 17,021 shares. Cypress Capital Grp invested in 0.24% or 7,086 shares. Conning has invested 0.02% in Moody's Corporation (NYSE:MCO). Associated Banc reported 9,493 shares. Allen Mgmt Lc holds 592,894 shares. Washington-based Fisher Asset Ltd Liability Corp has invested 0% in Moody's Corporation (NYSE:MCO). Maple Capital Incorporated has 0.06% invested in Moody's Corporation (NYSE:MCO).

Since January 31, 2018, it had 0 insider purchases, and 15 sales for $34.87 million activity. $1.76 million worth of Moody's Corporation (NYSE:MCO) was sold by MCDANIEL RAYMOND W on Thursday, June 14. $4.53M worth of Moody's Corporation (NYSE:MCO) was sold by GOGGINS JOHN J. The insider Fauber Robert sold $808. $155,763 worth of Moody's Corporation (NYSE:MCO) shares were sold by Crimmins Michael S. Huber Linda also sold $4.92 million worth of Moody's Corporation (NYSE:MCO) shares. 500 shares were sold by Duffie Darrell, worth $80,480.

Schwartz Investment Counsel Inc decreased its stake in Moodys Corp (MCO) by 7.62% based on its latest 2018Q1 regulatory filing with the SEC. Schwartz Investment Counsel Inc sold 31,000 shares as the company’s stock rose 2.25% while stock markets declined. The institutional investor held 375,600 shares of the consumer services company at the end of 2018Q1, valued at $60.58 million, down from 406,600 at the end of the previous reported quarter. Schwartz Investment Counsel Inc who had been investing in Moodys Corp for a number of months, seems to be less bullish one the $34.92B market cap company. The stock increased 0.25% or $0.45 during the last trading session, reaching $181.96. About 604,284 shares traded. Moody's Corporation (NYSE:MCO) has risen 49.33% since July 14, 2017 and is uptrending. It has outperformed by 36.76% the S&P500.

Schwartz Investment Counsel Inc, which manages about $1.74B and $1.70 billion US Long portfolio, upped its stake in Madison Square Garden Co New by 41,500 shares to 53,000 shares, valued at $13.03M in 2018Q1, according to the filing. It also increased its holding in Brown Forman Corp (NYSE:BF.B) by 103,900 shares in the quarter, for a total of 650,500 shares, and has risen its stake in Amerco (NASDAQ:UHAL).

Analysts await Moody's Corporation (NYSE:MCO) to report earnings on July, 20. They expect $1.86 earnings per share, up 23.18 % or $0.35 from last year’s $1.51 per share. MCO’s profit will be $356.93 million for 24.46 P/E if the $1.86 EPS becomes a reality. After $2.02 actual earnings per share reported by Moody's Corporation for the previous quarter, Wall Street now forecasts -7.92 % negative EPS growth.

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. $177’s average target is -2.73% below currents $181.96 stock price. Moody’s Corp had 15 analyst reports since January 23, 2018 according to SRatingsIntel. Barclays Capital maintained Moody's Corporation (NYSE:MCO) on Monday, February 12 with “Overweight” rating. The company was maintained on Tuesday, January 23 by Piper Jaffray. BMO Capital Markets maintained the shares of MCO in report on Monday, April 30 with “Market Perform” rating. The stock of Moody's Corporation (NYSE:MCO) has “Hold” rating given on Friday, February 9 by BMO Capital Markets. BMO Capital Markets maintained it with “Hold” rating and $17300 target in Wednesday, April 18 report. The stock of Moody's Corporation (NYSE:MCO) earned “Buy” rating by Nomura on Monday, July 9. As per Thursday, April 12, the company rating was maintained by Morgan Stanley. On Friday, February 9 the stock rating was maintained by Stifel Nicolaus with “Hold”. Piper Jaffray maintained it with “Hold” rating and $203.0 target in Friday, February 9 report. The firm earned “Neutral” rating on Monday, February 12 by Cantor Fitzgerald.

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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.