Moody’s Co. (NYSE:MCO) Shares Acquired by Y.D. More Investments Ltd

Y.D. More Investments Ltd lifted its position in Moody’s Co. (NYSE:MCO) by 119.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 193 shares of the business services provider’s stock after purchasing an additional 105 shares during the quarter. Y.D. More Investments Ltd’s holdings in Moody’s were worth $91,000 at the end of the most recent quarter.

A number of other hedge funds have 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% during the 3rd quarter. Haverford Trust Co now owns 1,223 shares of the business services provider’s stock valued at $580,000 after acquiring an additional 22 shares during the last quarter. Avitas Wealth Management LLC boosted its holdings in shares of Moody’s by 0.8% in the 4th quarter. Avitas Wealth Management LLC now owns 2,803 shares of the business services provider’s stock valued at $1,327,000 after purchasing an additional 22 shares during the last quarter. Stratos Wealth Advisors LLC grew its stake in shares of Moody’s by 2.1% during the 3rd quarter. Stratos Wealth Advisors LLC now owns 1,107 shares of the business services provider’s stock valued at $525,000 after buying an additional 23 shares during the period. Okabena Investment Services Inc. increased its holdings in shares of Moody’s by 0.8% during the 3rd quarter. Okabena Investment Services Inc. now owns 2,767 shares of the business services provider’s stock worth $1,313,000 after buying an additional 23 shares during the last quarter. Finally, McGlone Suttner Wealth Management Inc. raised its position 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 buying an additional 23 shares during the period. Hedge funds and other institutional investors own 92.11% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have issued reports on MCO. Robert W. Baird boosted their price target on Moody’s from $490.00 to $512.00 and gave the company an “outperform” rating in a research report on Wednesday, October 23rd. UBS Group increased their target price on shares of Moody’s from $495.00 to $510.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 23rd. Citigroup assumed coverage on shares of Moody’s in a research report on Friday, December 20th. They set a “buy” rating and a $565.00 price target on the stock. BMO Capital Markets increased their price objective on shares of Moody’s from $468.00 to $481.00 and gave the stock a “market perform” rating in a research report on Tuesday, January 21st. Finally, Oppenheimer lifted their target price on shares of Moody’s from $543.00 to $545.00 and gave the company an “outperform” rating in a report on Friday, January 3rd. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $507.36.

Moody’s Stock Up 0.5 %

Shares of NYSE MCO opened at $495.40 on Thursday. The company has a debt-to-equity ratio of 1.69, a quick ratio of 1.67 and a current ratio of 1.67. Moody’s Co. has a 1 year low of $360.05 and a 1 year high of $505.77. The stock’s 50-day simple moving average is $483.00 and its 200-day simple moving average is $475.52. The firm has a market cap of $89.77 billion, a price-to-earnings ratio of 45.24, a PEG ratio of 2.91 and a beta of 1.31.

Insider Buying and Selling at Moody’s

In other news, CEO Robert Fauber sold 281 shares of the 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 transaction, the chief executive officer now directly owns 61,894 shares in the company, valued at approximately $29,390,984.84. This represents a 0.45 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders sold a total of 1,124 shares of company stock worth $540,051 in the last 90 days. 0.07% of the stock is owned by corporate insiders.

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.