Mizuho Securities USA and ING Groep NV have respectively acquired and hold a high-valued share position in Moody's Corporation. However, Moody's experienced notable sale off by its key executives and institutions like Connable Office Inc. and Tokio Marine Asset Management Co. Ltd. Moody's continues to offer compelling business fundamentals, increasing its profit forecasts due to strong demand and outperforming Wall Street's expectations for Q3. It has also forged a strategic alliance with MSCI to improve transparency and deliver data-driven risk solutions. Chuck Akre significantly downsized his stake in Moody's. Moody's is a leading part of Warren Buffet's performance in 2024 and was named among the best stocks for the next decade. Moody's also expanded its presence in the African credit market with a GCR buyout and enhanced its service portfolio by acquiring Praedicat for casualty and liability modeling capabilities. Moody's is increasingly becoming expensive, possibly due to its high performance and the potential for further growth. However, some institutions have decreased their stakes, indicating a mixed market sentiment for Moody's shares.
Moody's Corporation MCO News Analytics from Tue, 13 Feb 2024 08:00:00 GMT to Sat, 16 Nov 2024 14:37:37 GMT - Rating 6 - Innovation 5 - Information 7 - Rumor 4
