#8 - Moodys (NYSE:MCO)
Moody’s (MCO) is another mainstay in the Berkshire-Hathaway portfolio. Moody’s provides credit ratings for bonds. It is currently Berkshire's eighth most valuable holding at $3.6 billion. Buffett's firm owns 24.7 million shares of Moody's which posted revenue of $4.2 billion in the fiscal year 2017. The company continues to post strong numbers. As an example, its operating income was $462.8 million in the first quarter of 2018. Moody’s reported record revenue of $1.2 billion for the second quarter of 2018, a 17% year-over-year increase and a 35% increase from the first quarter. While their revenue increased 12% in the United States, it saw 57% growth in non-U.S. revenue. Moody’s also announced a Corporate Social Responsibility (CSR) Report that provides additional details regarding the company’s progress towards meeting its goal of empowering and rewarding people to address the challenges that can create a better future for communities and the environment.
About Moody's
Moody's Corporation operates as an integrated risk assessment firm worldwide. It operates in two segments, Moody's Analytics and Moody's Investors Services. The Moody's Analytics segment develops a range of products and services that support the risk management activities of institutional participants in financial markets.
Read More - Current Price
- $480.66
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 8 Buy Ratings, 5 Hold Ratings, 1 Sell Ratings.
- Consensus Price Target
- $500.00 (4.0% Upside)
