Glynn Capital Management Trimmed Holding in Mercadolibre (MELI) by $1.15 Million; Moodys (MCO) Shareholder Winslow Capital Management Trimmed Position by $18.06 Million

April 22, 2018 - By Winifred Garcia

Moody's Corporation (NYSE:MCO) Logo

Glynn Capital Management Llc decreased its stake in Mercadolibre Inc. (MELI) by 9.42% based on its latest 2017Q4 regulatory filing with the SEC. Glynn Capital Management Llc sold 3,651 shares as the company’s stock rose 11.87% while stock markets declined. The hedge fund held 35,092 shares of the miscellaneous company at the end of 2017Q4, valued at $11.04M, down from 38,743 at the end of the previous reported quarter. Glynn Capital Management Llc who had been investing in Mercadolibre Inc. for a number of months, seems to be less bullish one the $14.33B market cap company. The stock decreased 1.67% or $5.51 during the last trading session, reaching $324.49. About 717,096 shares traded. MercadoLibre, Inc. (NASDAQ:MELI) has risen 66.47% since April 22, 2017 and is uptrending. It has outperformed by 54.92% the S&P500.

Winslow Capital Management Llc decreased its stake in Moodys Corp (MCO) by 8.24% based on its latest 2017Q4 regulatory filing with the SEC. Winslow Capital Management Llc sold 122,875 shares as the company’s stock rose 8.54% while stock markets declined. The institutional investor held 1.37 million shares of the consumer services company at the end of 2017Q4, valued at $202.11M, down from 1.49 million at the end of the previous reported quarter. Winslow Capital Management Llc who had been investing in Moodys Corp for a number of months, seems to be less bullish one the $31.35B market cap company. The stock decreased 1.03% or $1.7 during the last trading session, reaching $164.02. About 671,132 shares traded. Moody's Corporation (NYSE:MCO) has risen 43.20% since April 22, 2017 and is uptrending. It has outperformed by 31.65% the S&P500.

Since November 22, 2017, it had 0 insider buys, and 9 sales for $30.52 million activity. Duffie Darrell sold 500 shares worth $80,480. The insider Almeida Mark sold 62,500 shares worth $10.11M. The insider Crimmins Michael S sold $81,218. The insider Fauber Robert sold 5 shares worth $808. 30,391 shares were sold by Huber Linda, worth $4.92M on Monday, March 5.

Analysts await Moody's Corporation (NYSE:MCO) to report earnings on April, 27 before the open. They expect $1.79 earnings per share, up 21.77% or $0.32 from last year’s $1.47 per share. MCO’s profit will be $342.09M for 22.91 P/E if the $1.79 EPS becomes a reality. After $1.51 actual earnings per share reported by Moody's Corporation for the previous quarter, Wall Street now forecasts 18.54% EPS growth.

Winslow Capital Management Llc, which manages about $33.78B and $18.10B US Long portfolio, upped its stake in Fedex Corp (NYSE:FDX) by 247,361 shares to 1.27 million shares, valued at $318.07M in 2017Q4, according to the filing. It also increased its holding in Charter Comm Inc by 1,345 shares in the quarter, for a total of 939,428 shares, and has risen its stake in Microsoft Corp (NASDAQ:MSFT).

Investors sentiment increased to 1.35 in 2017 Q4. Its up 0.34, from 1.01 in 2017Q3. It is positive, as 28 investors sold MCO shares while 162 reduced holdings. 84 funds opened positions while 172 raised stakes. 158.40 million shares or 0.16% more from 158.15 million shares in 2017Q3 were reported. Moreover, Regent Invest has 0.26% invested in Moody's Corporation (NYSE:MCO) for 5,441 shares. Epoch Inv Prns Inc accumulated 23,638 shares. The Minnesota-based Thrivent For Lutherans has invested 0% in Moody's Corporation (NYSE:MCO). Suntrust Banks holds 22,432 shares or 0.02% of its portfolio. Glenmede Trust Na holds 0% or 7,356 shares. 24,911 are held by Teachers Retirement System Of The State Of Kentucky. Investec Asset North America invested 0.19% in Moody's Corporation (NYSE:MCO). Victory Capital Mngmt has invested 0% in Moody's Corporation (NYSE:MCO). Liberty Mutual Asset Management Incorporated invested 0.03% of its portfolio in Moody's Corporation (NYSE:MCO). King Luther Cap invested 0.25% in Moody's Corporation (NYSE:MCO). Penbrook Mngmt Limited Liability Co stated it has 15,650 shares or 2.08% of all its holdings. Sands Mngmt Limited Liability owns 37,714 shares for 0.02% of their portfolio. World Investors owns 1.28M shares or 0.04% of their US portfolio. Parallax Volatility Advisers Ltd Partnership holds 3,880 shares. Blair William Il holds 0.05% or 45,654 shares in its portfolio.

Among 14 analysts covering Moody’s (NYSE:MCO), 3 have Buy rating, 0 Sell and 11 Hold. Therefore 21% are positive. Moody’s had 52 analyst reports since October 5, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Friday, October 13 by BMO Capital Markets. Piper Jaffray maintained the shares of MCO in report on Wednesday, October 4 with “Hold” rating. The firm has “Hold” rating by Credit Suisse given on Wednesday, August 30. The stock of Moody's Corporation (NYSE:MCO) has “Hold” rating given on Wednesday, April 18 by BMO Capital Markets. Barclays Capital maintained Moody's Corporation (NYSE:MCO) rating on Friday, April 28. Barclays Capital has “Hold” rating and $118 target. Credit Suisse maintained Moody's Corporation (NYSE:MCO) on Monday, November 6 with “Neutral” rating. The stock has “Overweight” rating by Barclays Capital on Monday, February 8. The rating was maintained by Barclays Capital with “Overweight” on Monday, February 12. The stock of Moody's Corporation (NYSE:MCO) earned “Buy” rating by Argus Research on Monday, February 22. Morgan Stanley maintained Moody's Corporation (NYSE:MCO) on Tuesday, July 25 with “Equal-Weight” rating.

Analysts await MercadoLibre, Inc. (NASDAQ:MELI) to report earnings on May, 3 after the close. They expect $0.43 EPS, down 60.91% or $0.67 from last year’s $1.1 per share. MELI’s profit will be $18.99 million for 188.66 P/E if the $0.43 EPS becomes a reality. After $0.20 actual EPS reported by MercadoLibre, Inc. for the previous quarter, Wall Street now forecasts 115.00% EPS growth.

MercadoLibre, Inc. (NASDAQ:MELI) Institutional Positions Chart

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