Stratos Wealth Advisors LLC Has $506,000 Stock Holdings in Moody’s Co. (NYSE:MCO)

Stratos Wealth Advisors LLC decreased its stake in shares of Moody’s Co. (NYSE:MCO) by 3.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,069 shares of the business services provider’s stock after selling 38 shares during the period. Stratos Wealth Advisors LLC’s holdings in Moody’s were worth $506,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Planning Capital Management Corp lifted its position in Moody’s by 566.7% during 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 lifted its position in Moody’s by 272.2% during 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 acquired a new position in Moody’s during the 3rd quarter worth about $36,000. Asset Dedication LLC lifted its position in Moody’s by 83.0% during 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 acquired a new position in Moody’s during the 4th quarter worth about $45,000. Institutional investors and hedge funds own 92.11% of the company’s stock.

Moody’s Stock Performance

Shares of MCO stock opened at $503.51 on Friday. 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 capitalization of $91.24 billion, a P/E ratio of 45.98, a price-to-earnings-growth ratio of 2.91 and a beta of 1.31. The company’s 50 day moving average price is $482.92 and its two-hundred day moving average price is $475.85. Moody’s Co. has a 52 week low of $360.05 and a 52 week high of $506.27.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on MCO. Robert W. Baird upped their price target on shares of Moody’s from $490.00 to $512.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 23rd. BMO Capital Markets upped their target price 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. StockNews.com upgraded shares of Moody’s from a “hold” rating to a “buy” rating in a research report on Tuesday, December 24th. Citigroup initiated coverage on shares of Moody’s in a research report on Friday, December 20th. They set a “buy” rating and a $565.00 target price on the stock. Finally, 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 research report on Friday, January 3rd. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $507.36.

Insiders Place Their Bets

In other Moody’s news, CEO Robert Fauber sold 281 shares of the firm’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 transaction of $134,596.19. Following the sale, the chief executive officer now directly owns 61,354 shares in the company, valued at approximately $29,387,952.46. This trade represents a 0.46 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. In the last three months, insiders have sold 1,124 shares of company stock worth $540,051. Company insiders own 0.07% of the company’s stock.

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.