Moody’s Co. (NYSE:MCO) Shares Sold by Blair William & Co. IL

Blair William & Co. IL lessened its position in Moody’s Co. (NYSE:MCOFree Report) by 0.3% during the third quarter, Holdings Channel reports. The institutional investor owned 29,164 shares of the business services provider’s stock after selling 93 shares during the quarter. Blair William & Co. IL’s holdings in Moody’s were worth $9,221,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of MCO. Kovitz Investment Group Partners LLC lifted its holdings in Moody’s by 1.1% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 12,666 shares of the business services provider’s stock valued at $4,005,000 after acquiring an additional 144 shares during the last quarter. Headlands Technologies LLC boosted its holdings in Moody’s by 111.8% during the third quarter. Headlands Technologies LLC now owns 896 shares of the business services provider’s stock worth $283,000 after buying an additional 473 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in Moody’s by 15.3% in the third quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 31,731 shares of the business services provider’s stock worth $10,032,000 after buying an additional 4,208 shares during the last quarter. Financiere des Professionnels Fonds d investissement inc. bought a new position in shares of Moody’s in the third quarter valued at $5,351,000. Finally, FUKOKU MUTUAL LIFE INSURANCE Co acquired a new stake in shares of Moody’s during the 3rd quarter valued at $259,000. Institutional investors and hedge funds own 90.07% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on MCO shares. Royal Bank of Canada restated an “outperform” rating and issued a $381.00 target price on shares of Moody’s in a report on Thursday, October 26th. JPMorgan Chase & Co. reduced their price objective on shares of Moody’s from $390.00 to $380.00 and set an “overweight” rating for the company in a research note on Wednesday, October 18th. Barclays dropped their target price on shares of Moody’s from $350.00 to $340.00 and set an “equal weight” rating on the stock in a research report on Thursday, October 26th. StockNews.com upgraded shares of Moody’s from a “hold” rating to a “buy” rating in a report on Saturday, January 6th. Finally, Stifel Nicolaus decreased their price objective on shares of Moody’s from $344.00 to $333.00 and set a “hold” rating for the company in a research note on Thursday, October 26th. Four analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $369.36.

View Our Latest Research Report on Moody’s

Moody’s Stock Up 1.8 %

MCO stock opened at $405.17 on Monday. The company has a 50 day moving average of $386.17 and a two-hundred day moving average of $352.56. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 2.04. Moody’s Co. has a 12-month low of $278.23 and a 12-month high of $406.30. The company has a market cap of $74.15 billion, a price-to-earnings ratio of 49.29, a PEG ratio of 2.76 and a beta of 1.30.

Insider Transactions at Moody’s

In related news, CEO Robert Fauber sold 2,547 shares of Moody’s stock in a transaction on Tuesday, January 16th. The stock was sold at an average price of $376.50, for a total transaction of $958,945.50. Following the completion of the sale, the chief executive officer now owns 54,099 shares of the company’s stock, valued at $20,368,273.50. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Over the last ninety days, insiders have sold 7,639 shares of company stock valued at $2,769,635. 0.42% of the stock is owned by insiders.

Moody’s Profile

(Free Report)

Moody's Corporation operates as an integrated risk assessment firm worldwide. It operates in two segments, Moody's Investors Service and Moody's Analytics. The Moody's Investors Service segment publishes credit ratings and provides assessment services on various debt obligations, programs and facilities, and entities that issue such obligations, such as various corporate, financial institution, and governmental obligations, as well as and structured finance securities.

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Institutional Ownership by Quarter for Moody's (NYSE:MCO)

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