It Seems Moodys Corporation (NYSE:MCO) Will Go Down. Just Reported More Shorted Shares

February 15, 2018 - By Dolores Ford

 It Seems Moodys Corporation (NYSE:MCO) Will Go Down. Just Reported More Shorted Shares

Investors sentiment increased to 1.01 in Q3 2017. Its up 0.03, from 0.98 in 2017Q2. It improved, as 18 investors sold Moody's Corporation shares while 182 reduced holdings. 65 funds opened positions while 137 raised stakes. 158.15 million shares or 1.61% less from 160.75 million shares in 2017Q2 were reported.
Natixis holds 0.01% or 3,938 shares in its portfolio. Parkside Commercial Bank And Trust, Missouri-based fund reported 165 shares. Associated Banc invested 0.07% in Moody's Corporation (NYSE:MCO). 1832 Asset L P reported 895 shares. Meritage Grp Limited Partnership holds 1.21 million shares or 3.06% of its portfolio. Halsey Associate Incorporated Ct has 3,700 shares. Cap Fincl Advisers Ltd Company invested in 0.04% or 31,145 shares. North Star Investment Management Corporation holds 240 shares. Covington Mngmt reported 0.02% stake. Massachusetts-based Commonwealth Equity has invested 0% in Moody's Corporation (NYSE:MCO). Rodgers Brothers has invested 0.13% of its portfolio in Moody's Corporation (NYSE:MCO). Walleye Trading Limited Co reported 0% in Moody's Corporation (NYSE:MCO). The Massachusetts-based Arrowstreet Partnership has invested 0.06% in Moody's Corporation (NYSE:MCO). Amalgamated Commercial Bank owns 0.09% invested in Moody's Corporation (NYSE:MCO) for 20,034 shares. 63,286 are held by Toronto Dominion Commercial Bank.

Since September 7, 2017, it had 0 insider purchases, and 4 selling transactions for $16.24 million activity. Shares for $808 were sold by Fauber Robert on Wednesday, January 31. Another trade for 62,500 shares valued at $10.11 million was sold by Almeida Mark. $6.07 million worth of stock was sold by MCDANIEL RAYMOND W on Thursday, September 7.

The stock of Moodys Corporation (NYSE:MCO) registered an increase of 7.87% in short interest. MCO’s total short interest was 2.54 million shares in February as published by FINRA. Its up 7.87% from 2.35M shares, reported previously. With 785,700 shares average volume, it will take short sellers 3 days to cover their MCO’s short positions. The short interest to Moodys Corporation’s float is 1.54%.

The stock increased 1.38% or $2.26 during the last trading session, reaching $165.81. About 529,562 shares traded. Moody's Corporation (NYSE:MCO) has risen 23.29% since February 15, 2017 and is uptrending. It has outperformed by 6.59% the S&P500.

MoodyÂ’s Corporation provides credit ratings; and credit, capital markets, and economic related research, data, and analytical tools worldwide. The company has market cap of $31.69 billion. It operates through two divisions, MoodyÂ’s Investors Service and MoodyÂ’s Analytics. It has a 59.09 P/E ratio. The MoodyÂ’s Investors Service segment publishes credit ratings on various debt obligations and entities that issue such obligations comprising various corporate and governmental obligations, structured finance securities, and commercial paper programs.

Moody's Corporation (NYSE:MCO) Ratings Coverage

Among 14 analysts covering Moody’s (NYSE:MCO), 3 have Buy rating, 0 Sell and 11 Hold. Therefore 21% are positive. Moody’s had 50 analyst reports since October 5, 2015 according to SRatingsIntel. On Monday, February 12 the stock rating was maintained by BMO Capital Markets with “Market Perform”. The stock of Moody's Corporation (NYSE:MCO) earned “Neutral” rating by UBS on Tuesday, January 10. The rating was maintained by Wells Fargo with “Hold” on Monday, February 12. Piper Jaffray maintained Moody's Corporation (NYSE:MCO) on Monday, November 2 with “Overweight” rating. The company was maintained on Wednesday, August 17 by Argus Research. The rating was maintained by UBS with “Neutral” on Friday, August 18. Piper Jaffray maintained the shares of MCO in report on Monday, July 24 with “Hold” rating. Piper Jaffray maintained the stock with “Hold” rating in Wednesday, October 4 report. The stock of Moody's Corporation (NYSE:MCO) has “Overweight” rating given on Monday, February 12 by Barclays Capital. The firm earned “Buy” rating on Monday, October 5 by Argus Research.

More notable recent Moody's Corporation (NYSE:MCO) news were published by: Seekingalpha.com which released: “Moody’s Is Overpriced” on February 09, 2018, also Businesswire.com with their article: “Moody’s Corporation Reports Results for Fourth Quarter and Full Year 2017 …” published on February 09, 2018, Businesswire.com published: “Moody’s Corporation Declares Quarterly Dividend” on January 24, 2018. More interesting news about Moody's Corporation (NYSE:MCO) were released by: Investorplace.com and their article: “Moody’s Corporation Stock Pops on Earnings Beat” published on February 09, 2018 as well as Nasdaq.com‘s news article titled: “Moody’s Corporation (MCO) Ex-Dividend Date Scheduled for February 16, 2018” with publication date: February 15, 2018.

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