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flag Massachusetts Financial Services Co. boosted its stake in Moody's by 32%, following the company's strong earnings and revenue growth.

flag Massachusetts Financial Services Co. increased its stake in Moody's by 32%, adding 502,891 shares. flag Moody's recently reported earnings per share of $3.21, exceeding expectations and announced a $0.85 quarterly dividend. flag Several other hedge funds also raised their stakes. flag The company's revenue rose 23.2% year-over-year to $1.81 billion in the latest quarter. flag Analysts expect Moody's to report 12.07 earnings per share for the year.

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