Moody’s Co. (NYSE:MCO) Shares Sold by Applied Capital LLC FL

Applied Capital LLC FL lessened its holdings in shares of Moody’s Co. (NYSE:MCO) by 1.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 5,853 shares of the business services provider’s stock after selling 75 shares during the quarter. Moody’s makes up about 2.1% of Applied Capital LLC FL’s investment portfolio, making the stock its 11th biggest position. Applied Capital LLC FL’s holdings in Moody’s were worth $2,771,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Haverford Trust Co boosted its holdings in Moody’s by 1.8% in the third quarter. Haverford Trust Co now owns 1,223 shares of the business services provider’s stock valued at $580,000 after acquiring an additional 22 shares during the last quarter. Stratos Wealth Advisors LLC raised its holdings in shares of Moody’s by 2.1% in the 3rd 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 period. Okabena Investment Services Inc. grew its holdings in shares of Moody’s by 0.8% during the 3rd quarter. Okabena Investment Services Inc. now owns 2,767 shares of the business services provider’s stock worth $1,313,000 after purchasing an additional 23 shares during the period. McGlone Suttner Wealth Management Inc. increased its position in Moody’s by 3.2% during the 4th quarter. McGlone Suttner Wealth Management Inc. now owns 746 shares of the business services provider’s stock worth $353,000 after purchasing an additional 23 shares in the last quarter. Finally, Capital Advisors Ltd. LLC raised its holdings in Moody’s by 2.5% in the third quarter. Capital Advisors Ltd. LLC now owns 984 shares of the business services provider’s stock valued at $467,000 after buying an additional 24 shares during the period. Hedge funds and other institutional investors own 92.11% of the company’s stock.

Insider Buying and Selling at Moody’s

In other news, CEO Robert Fauber sold 281 shares of the business’s stock in a transaction 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 completion of the transaction, the chief executive officer now owns 61,354 shares of the company’s stock, valued at approximately $29,387,952.46. The trade was a 0.46 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, SVP Caroline Sullivan sold 1,681 shares of the stock in a transaction dated Monday, October 28th. The stock was sold at an average price of $462.40, for a total transaction of $777,294.40. Following the completion of the sale, the senior vice president now directly owns 1,415 shares in the company, valued at approximately $654,296. This trade represents a 54.30 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 2,524 shares of company stock worth $1,178,413 over the last ninety days. Company insiders own 0.07% of the company’s stock.

Moody’s Trading Up 0.6 %

NYSE MCO opened at $489.21 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. Moody’s Co. has a one year low of $360.05 and a one year high of $503.95. The company has a 50-day simple moving average of $481.00 and a 200-day simple moving average of $472.67. The firm has a market capitalization of $88.65 billion, a PE ratio of 44.68, a price-to-earnings-growth ratio of 2.82 and a beta of 1.30.

Wall Street Analysts Forecast Growth

MCO has been the subject of several research reports. Stifel Nicolaus boosted 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. Robert W. Baird raised their price objective on Moody’s from $490.00 to $512.00 and gave the company an “outperform” rating in a research report on Wednesday, October 23rd. StockNews.com upgraded Moody’s from a “hold” rating to a “buy” rating in a research note on Tuesday, December 24th. UBS Group boosted their price target on Moody’s from $495.00 to $510.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 23rd. Finally, Morgan Stanley lifted their price objective 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 investment analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat.com, Moody’s currently has a consensus 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.