Moody’s Co. (NYSE:MCO) Shares Bought by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. boosted its position in shares of Moody’s Co. (NYSE:MCO) by 66.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 303,834 shares of the business services provider’s stock after buying an additional 121,632 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Moody’s were worth $143,826,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in MCO. International Assets Investment Management LLC increased its position in Moody’s by 74,000.1% during the third quarter. International Assets Investment Management LLC now owns 724,699 shares of the business services provider’s stock worth $343,935,000 after buying an additional 723,721 shares during the period. FMR LLC increased its position in Moody’s by 12.3% during the third quarter. FMR LLC now owns 6,581,036 shares of the business services provider’s stock worth $3,123,294,000 after buying an additional 723,226 shares during the period. Massachusetts Financial Services Co. MA increased its position in Moody’s by 32.0% during the third quarter. Massachusetts Financial Services Co. MA now owns 2,075,719 shares of the business services provider’s stock worth $985,115,000 after buying an additional 502,891 shares during the period. Jennison Associates LLC increased its position in Moody’s by 22.6% during the third quarter. Jennison Associates LLC now owns 2,333,263 shares of the business services provider’s stock worth $1,107,344,000 after buying an additional 430,878 shares during the period. Finally, Geode Capital Management LLC increased its position in Moody’s by 13.0% during the third quarter. Geode Capital Management LLC now owns 3,612,172 shares of the business services provider’s stock worth $1,708,851,000 after buying an additional 416,535 shares during the period. Institutional investors and hedge funds own 92.11% of the company’s stock.

Moody’s Stock Down 0.6 %

MCO opened at $493.01 on Wednesday. The business’s fifty day moving average is $481.97 and its two-hundred day moving average is $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 company has a market cap of $89.33 billion, a price-to-earnings ratio of 45.02, a PEG ratio of 2.82 and a beta of 1.30. Moody’s Co. has a one year low of $360.05 and a one year high of $503.95.

Insiders Place Their Bets

In other news, CEO Robert Fauber sold 281 shares of the company’s stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $473.62, for a total value of $133,087.22. Following the sale, the chief executive officer now directly owns 61,894 shares in the company, valued at $29,314,236.28. This represents a 0.45 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Over the last ninety days, insiders have sold 843 shares of company stock worth $401,119. 0.07% of the stock is owned by corporate insiders.

Analyst Ratings Changes

MCO has been the topic of a number of recent research reports. Stifel Nicolaus boosted their target price on Moody’s from $454.00 to $459.00 and gave the company a “hold” rating in a report on Wednesday, October 23rd. BMO Capital Markets boosted their target price on Moody’s from $468.00 to $481.00 and gave the company a “market perform” rating in a report on Tuesday, January 21st. StockNews.com raised Moody’s from a “hold” rating to a “buy” rating in a report on Tuesday, December 24th. Evercore ISI initiated coverage on Moody’s in a report on Wednesday, October 2nd. They issued an “outperform” rating and a $521.00 target price on the stock. Finally, Wells Fargo & Company boosted their target price on Moody’s from $510.00 to $550.00 and gave the company an “overweight” rating in a report on Wednesday, October 9th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $507.36.

Moody’s 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.