Y.D. More Investments Ltd raised its position in shares of Moody’s Co. (NYSE:MCO – Free Report) by 119.3% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 193 shares of the business services provider’s stock after buying 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 large investors also recently bought and sold shares of the company. Planning Capital Management Corp raised its position in shares of Moody’s by 566.7% during the 3rd quarter. Planning Capital Management Corp now owns 60 shares of the business services provider’s stock valued at $29,000 after acquiring an additional 51 shares in the last quarter. Larson Financial Group LLC increased its stake in Moody’s by 272.2% during the third quarter. Larson Financial Group LLC now owns 67 shares of the business services provider’s stock valued at $32,000 after purchasing an additional 49 shares during the last quarter. Catalyst Capital Advisors LLC acquired a new stake in shares of Moody’s during the third quarter worth $36,000. Asset Dedication LLC lifted 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 during the last quarter. Finally, Albion Financial Group UT acquired a new position in shares of Moody’s in the 4th quarter valued at about $45,000. Institutional investors own 92.11% of the company’s stock.
Wall Street Analysts Forecast Growth
MCO has been the subject of a number of research reports. Stifel Nicolaus lifted their target price on Moody’s from $454.00 to $459.00 and gave the company a “hold” rating in a research note on Wednesday, October 23rd. StockNews.com upgraded Moody’s from a “hold” rating to a “buy” rating in a research report on Tuesday, December 24th. Robert W. Baird raised their target price on Moody’s from $490.00 to $512.00 and gave the company an “outperform” rating in a research note on Wednesday, October 23rd. Morgan Stanley upped their price target on shares of 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, BMO Capital Markets lifted their price objective on shares of Moody’s from $468.00 to $481.00 and gave the company a “market perform” rating in a research report on Tuesday, January 21st. 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. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $507.36.
Moody’s Price Performance
NYSE MCO opened at $495.40 on Thursday. The firm has a market capitalization of $89.77 billion, a PE ratio of 45.24, a P/E/G ratio of 2.91 and a beta of 1.31. The company has a debt-to-equity ratio of 1.69, a current ratio of 1.67 and a quick ratio of 1.67. Moody’s Co. has a 12 month low of $360.05 and a 12 month high of $505.77. The company’s 50 day simple moving average is $483.00 and its 200 day simple moving average is $475.52.
Insider Activity
In related news, CEO Robert Fauber sold 281 shares of the business’s stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $478.99, for a total value of $134,596.19. Following the sale, the chief executive officer now directly owns 61,354 shares in the company, valued at $29,387,952.46. The trade was a 0.46 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In the last ninety days, insiders have sold 1,124 shares of company stock worth $540,051. 0.07% of the stock is owned by company 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.
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