Robeco Institutional Asset Management B.V. Increases Stake in Moody’s Co. (NYSE:MCO)

Robeco Institutional Asset Management B.V. raised its position in Moody’s Co. (NYSE:MCO) by 66.8% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 303,834 shares of the business services provider’s stock after purchasing an additional 121,632 shares during the period. Robeco Institutional Asset Management B.V. owned 0.17% of Moody’s worth $143,826,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Haverford Trust Co increased its stake in shares of Moody’s by 1.8% in the 3rd quarter. Haverford Trust Co now owns 1,223 shares of the business services provider’s stock worth $580,000 after acquiring an additional 22 shares during the last quarter. Stratos Wealth Advisors LLC increased its stake in shares of Moody’s by 2.1% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 1,107 shares of the business services provider’s stock worth $525,000 after acquiring an additional 23 shares during the last quarter. Okabena Investment Services Inc. increased its stake in shares of Moody’s by 0.8% in the 3rd quarter. Okabena Investment Services Inc. now owns 2,767 shares of the business services provider’s stock worth $1,313,000 after acquiring an additional 23 shares during the last quarter. McGlone Suttner Wealth Management Inc. increased its stake in shares of Moody’s by 3.2% in the 4th quarter. McGlone Suttner Wealth Management Inc. now owns 746 shares of the business services provider’s stock worth $353,000 after acquiring an additional 23 shares during the last quarter. Finally, Capital Advisors Ltd. LLC increased its stake in shares of Moody’s by 2.5% in the 3rd quarter. Capital Advisors Ltd. LLC now owns 984 shares of the business services provider’s stock worth $467,000 after acquiring an additional 24 shares during the last quarter. Hedge funds and other institutional investors own 92.11% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on MCO. Stifel Nicolaus raised their price objective on Moody’s from $454.00 to $459.00 and gave the stock a “hold” rating in a research report on Wednesday, October 23rd. Robert W. Baird raised their price objective on Moody’s from $490.00 to $512.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 23rd. Citigroup began coverage on Moody’s in a research report on Friday, December 20th. They set a “buy” rating and a $565.00 price objective for the company. Morgan Stanley raised their price objective on Moody’s from $462.00 to $481.00 and gave the stock an “equal weight” rating in a research report on Thursday, December 12th. Finally, Evercore ISI began coverage on Moody’s in a research report on Wednesday, October 2nd. They set an “outperform” rating and a $521.00 price objective for the company. One analyst has rated the stock with a sell rating, five have issued a hold rating and ten have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $507.36.

Insider Activity

In related news, CEO Robert Fauber sold 281 shares of the business’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $474.86, for a total transaction of $133,435.66. Following the completion of the sale, the chief executive officer now owns 61,894 shares in the company, valued at $29,390,984.84. The trade was a 0.45 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In the last quarter, insiders sold 843 shares of company stock worth $401,119. 0.07% of the stock is currently owned by company insiders.

Moody’s Stock Performance

Shares of MCO opened at $493.01 on Wednesday. The stock has a 50-day simple moving average of $481.97 and a 200-day simple moving average of $473.88. The company has a debt-to-equity ratio of 1.69, a quick ratio of 1.67 and a current ratio of 1.67. The stock has a market capitalization of $89.33 billion, a PE ratio of 45.02, a PEG ratio of 2.82 and a beta of 1.30. Moody’s Co. has a 1 year low of $360.05 and a 1 year high of $503.95.

Moody’s Company Profile

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.