Hantz Financial Services Inc. Buys 875 Shares of Moody’s Co. (NYSE:MCO)

Hantz Financial Services Inc. lifted its position in Moody’s Co. (NYSE:MCO) by 26.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,208 shares of the business services provider’s stock after purchasing an additional 875 shares during the quarter. Hantz Financial Services Inc.’s holdings in Moody’s were worth $1,992,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in MCO. Haverford Trust Co raised its holdings 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 worth $580,000 after acquiring an additional 22 shares in the last quarter. Stratos Wealth Advisors LLC increased its position in Moody’s by 2.1% in the third quarter. Stratos Wealth Advisors LLC now owns 1,107 shares of the business services provider’s stock worth $525,000 after purchasing an additional 23 shares during the last quarter. Okabena Investment Services Inc. raised its stake in Moody’s by 0.8% during the third quarter. Okabena Investment Services Inc. now owns 2,767 shares of the business services provider’s stock valued at $1,313,000 after purchasing an additional 23 shares in the last quarter. McGlone Suttner Wealth Management Inc. lifted its position in Moody’s by 3.2% during the fourth quarter. McGlone Suttner Wealth Management Inc. now owns 746 shares of the business services provider’s stock valued at $353,000 after purchasing an additional 23 shares during the last quarter. Finally, Capital Advisors Ltd. LLC increased its holdings 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 buying an additional 24 shares during the last quarter. 92.11% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on MCO shares. Robert W. Baird increased their price target 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. StockNews.com upgraded Moody’s from a “hold” rating to a “buy” rating in a report on Tuesday, December 24th. Oppenheimer increased their price target on Moody’s from $543.00 to $545.00 and gave the company an “outperform” rating in a report on Friday, January 3rd. Stifel Nicolaus lifted their price objective on shares of Moody’s from $454.00 to $459.00 and gave the stock a “hold” rating in a research note on Wednesday, October 23rd. Finally, Morgan Stanley increased their target price on shares of Moody’s from $462.00 to $481.00 and gave the company an “equal weight” rating in a research note on Thursday, December 12th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat, Moody’s currently has an average rating of “Moderate Buy” and a consensus target price of $507.36.

Insider Buying and Selling

In other Moody’s news, CEO Robert Fauber sold 281 shares of the firm’s stock in a transaction dated Thursday, January 2nd. The stock was 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 approximately $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 can be accessed through the SEC website. Insiders sold a total of 843 shares of company stock worth $401,119 in the last 90 days. 0.07% of the stock is owned by corporate insiders.

Moody’s Stock Performance

Shares of Moody’s stock opened at $499.15 on Friday. Moody’s Co. has a one year low of $360.05 and a one year high of $503.95. The company has a market capitalization of $90.45 billion, a PE ratio of 45.58, a P/E/G ratio of 2.82 and a beta of 1.30. 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 50-day simple moving average of $482.26 and a two-hundred day simple moving average of $473.99.

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.