Union Bancaire Privee UBP SA Invests $474,000 in Moody’s Co. (NYSE:MCO)

Union Bancaire Privee UBP SA acquired a new position in Moody’s Co. (NYSE:MCO) during the 4th quarter, Holdings Channel reports. The fund acquired 995 shares of the business services provider’s stock, valued at approximately $474,000.

Several other institutional investors and hedge funds have also made changes to their positions in MCO. Planning Capital Management Corp boosted its position in shares of Moody’s by 566.7% in the 3rd quarter. Planning Capital Management Corp now owns 60 shares of the business services provider’s stock worth $29,000 after buying an additional 51 shares in the last quarter. Larson Financial Group LLC boosted its position in shares of Moody’s by 272.2% in the 3rd quarter. Larson Financial Group LLC now owns 67 shares of the business services provider’s stock worth $32,000 after buying an additional 49 shares in the last quarter. Catalyst Capital Advisors LLC purchased a new stake in shares of Moody’s in the 3rd quarter worth about $36,000. Asset Dedication LLC boosted its position in shares of Moody’s by 83.0% in the 3rd quarter. Asset Dedication LLC now owns 86 shares of the business services provider’s stock worth $41,000 after buying an additional 39 shares in the last quarter. Finally, Albion Financial Group UT purchased a new stake in shares of Moody’s in the 4th quarter worth about $45,000. 92.11% of the stock is currently owned by hedge funds and other institutional investors.

Moody’s Stock Down 0.6 %

MCO opened at $493.01 on Wednesday. The firm has a 50 day moving average price of $481.48 and a 200 day moving average price of $473.55. The company has a market cap of $89.33 billion, a PE ratio of 45.02, a price-to-earnings-growth 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. The company has a debt-to-equity ratio of 1.69, a quick ratio of 1.67 and a current ratio of 1.67.

Insider Buying and Selling at Moody’s

In other Moody’s news, CEO Robert Fauber sold 281 shares of the stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $474.86, for a total value of $133,435.66. Following the completion of the sale, the chief executive officer now owns 61,894 shares of the company’s stock, valued at $29,390,984.84. This trade 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. Insiders sold 843 shares of company stock valued at $401,119 over the last 90 days. 0.07% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

MCO has been the topic of a number of recent research reports. Oppenheimer upped 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. Robert W. Baird upped their target price on shares of Moody’s from $490.00 to $512.00 and gave the company an “outperform” rating in a report on Wednesday, October 23rd. Stifel Nicolaus upped their target price on shares of Moody’s from $454.00 to $459.00 and gave the company a “hold” rating in a report on Wednesday, October 23rd. Citigroup initiated coverage on shares of Moody’s in a report on Friday, December 20th. They issued a “buy” rating and a $565.00 target price on the stock. Finally, Morgan Stanley upped their target price on shares of Moody’s from $462.00 to $481.00 and gave the company an “equal weight” rating in a report on Thursday, December 12th. One analyst has rated the stock with a sell rating, five have issued a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat.com, Moody’s has an average rating of “Moderate Buy” and an average price target of $507.36.

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.