Moody's Co. (MCO) To Go Ex-Dividend on February 15th

Moody's Co. (NYSE:MCO) announced a quarterly dividend on Wednesday, December 21st. Stockholders of record on Monday, February 20th will be given a dividend of 0.38 per share on Friday, March 10th. This represents a $1.52 annualized dividend and a dividend yield of 1.39%. The ex-dividend date of this dividend is Wednesday, February 15th. This is a boost from Moody's Co.’s previous quarterly dividend of $0.37.

Shares of Moody's Co. (NYSE:MCO) opened at 109.03 on Tuesday. The stock’s 50 day moving average is $100.48 and its 200 day moving average is $103.07. The stock has a market cap of $20.84 billion, a price-to-earnings ratio of 23.51 and a beta of 1.30. Moody's Co. has a 52-week low of $79.26 and a 52-week high of $110.83.

Dividend History for Moody's Co. (NYSE:MCO)

Several equities research analysts recently issued reports on the stock. Zacks Investment Research downgraded shares of Moody's Co. from a “buy” rating to a “hold” rating in a research note on Wednesday, October 26th. Cantor Fitzgerald set a $105.00 price objective on shares of Moody's Co. and gave the stock a “hold” rating in a report on Friday, October 21st. Credit Suisse Group started coverage on shares of Moody's Co. in a report on Sunday, November 20th. They set a “neutral” rating and a $94.00 price objective for the company. BMO Capital Markets reissued a “market perform” rating and set a $108.00 price objective on shares of Moody's Co. in a report on Tuesday, December 13th. Finally, Barclays PLC reissued a “hold” rating and set a $105.00 price objective on shares of Moody's Co. in a report on Monday, January 16th. Five analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $109.86.

“Moody's Co. (MCO) To Go Ex-Dividend on February 15th” was originally reported by sleekmoney and is the sole property of of sleekmoney. If you are reading this article on another domain, it was stolen and reposted in violation of international trademark & copyright legislation. The original version of this article can be viewed at http://sleekmoney.com/moodys-co-mco-to-go-ex-dividend-on-february-15th/1659266.html.

In related news, Director Darrell Duffie sold 500 shares of Moody's Co. stock in a transaction dated Friday, December 30th. The shares were sold at an average price of $94.64, for a total value of $47,320.00. Following the sale, the director now directly owns 21,171 shares in the company, valued at approximately $2,003,623.44. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Robert Fauber sold 1,970 shares of Moody's Co. stock in a transaction dated Wednesday, November 30th. The shares were sold at an average price of $101.65, for a total transaction of $200,250.50. Following the completion of the sale, the insider now owns 42,016 shares in the company, valued at $4,270,926.40. The disclosure for this sale can be found here. Over the last quarter, insiders sold 5,275 shares of company stock worth $536,558. 1.48% of the stock is currently owned by insiders.

About Moody's Co.

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.

5 Day Chart for NYSE:MCO

This story was originally published by sleekmoney (http://sleekmoney.com) and is the sole property of sleekmoney. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at http://sleekmoney.com/moodys-co-mco-to-go-ex-dividend-on-february-15th/1659266.html

Receive News & Ratings for Moody's Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Moody's Co. and related companies with MarketBeat.com's FREE daily email newsletter.

 

Leave a Reply

Your email address will not be published. Required fields are marked *