Moody’s Co. (NYSE:MCO) Shares Acquired by Hantz Financial Services Inc.

Hantz Financial Services Inc. grew its holdings in Moody’s Co. (NYSE:MCO) by 26.3% during the 4th quarter, Holdings Channel reports. The fund owned 4,208 shares of the business services provider’s stock after purchasing an additional 875 shares during the period. Hantz Financial Services Inc.’s holdings in Moody’s were worth $1,992,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in MCO. International Assets Investment Management LLC grew its position in Moody’s by 74,000.1% during the 3rd quarter. International Assets Investment Management LLC now owns 724,699 shares of the business services provider’s stock worth $343,935,000 after purchasing an additional 723,721 shares during the period. FMR LLC boosted its stake in shares of Moody’s by 12.3% in the third quarter. FMR LLC now owns 6,581,036 shares of the business services provider’s stock worth $3,123,294,000 after buying an additional 723,226 shares during the last quarter. Massachusetts Financial Services Co. MA grew its holdings in Moody’s by 32.0% during the third quarter. Massachusetts Financial Services Co. MA now owns 2,075,719 shares of the business services provider’s stock worth $985,115,000 after acquiring an additional 502,891 shares during the period. Jennison Associates LLC raised its position in Moody’s by 22.6% during the third quarter. Jennison Associates LLC now owns 2,333,263 shares of the business services provider’s stock valued at $1,107,344,000 after acquiring an additional 430,878 shares in the last quarter. Finally, Geode Capital Management LLC lifted its holdings in Moody’s by 13.0% in the third quarter. Geode Capital Management LLC now owns 3,612,172 shares of the business services provider’s stock valued at $1,708,851,000 after acquiring an additional 416,535 shares during the period. Hedge funds and other institutional investors own 92.11% of the company’s stock.

Insider Transactions at Moody’s

In related news, CEO Robert Fauber sold 281 shares of Moody’s stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of $473.62, for a total transaction of $133,087.22. Following the transaction, the chief executive officer now owns 61,894 shares in the company, valued at approximately $29,314,236.28. This trade represents a 0.45 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Over the last three months, insiders have sold 843 shares of company stock valued at $401,119. Corporate insiders own 0.07% of the company’s stock.

Moody’s Trading Up 1.8 %

Shares of MCO stock opened at $499.15 on Friday. Moody’s Co. has a fifty-two week low of $360.05 and a fifty-two week high of $503.95. The firm has a market capitalization of $90.45 billion, a P/E ratio of 45.58, a PEG ratio of 2.82 and a beta of 1.30. The stock’s fifty day moving average is $482.26 and its two-hundred day moving average is $473.99. The company has a debt-to-equity ratio of 1.69, a quick ratio of 1.67 and a current ratio of 1.67.

Analyst Ratings Changes

A number of brokerages have recently commented on MCO. Robert W. Baird lifted 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. Oppenheimer lifted their price objective 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. Stifel Nicolaus increased their target price 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. BMO Capital Markets lifted their price target on Moody’s from $468.00 to $481.00 and gave the company a “market perform” rating in a research note on Tuesday, January 21st. Finally, Wells Fargo & Company increased their price target on Moody’s from $510.00 to $550.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 9th. One equities research 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, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $507.36.

Moody’s 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.