Robert Fauber Sells 281 Shares of Moody’s Co. (NYSE:MCO) Stock

Moody’s Co. (NYSE:MCO) CEO Robert Fauber sold 281 shares of the firm’s stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $494.42, for a total value of $138,932.02. Following the completion of the transaction, the chief executive officer now directly owns 61,894 shares of the company’s stock, valued at approximately $30,601,631.48. This trade represents a 0.45 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Robert Fauber also recently made the following trade(s):

• On Wednesday, January 15th, Robert Fauber sold 281 shares of Moody’s stock. The shares were sold at an average price of $473.62, for a total transaction of $133,087.22.
• On Thursday, January 2nd, Robert Fauber sold 281 shares of Moody’s stock. The shares were sold at an average price of $474.86, for a total transaction of $133,435.66.
• On Friday, November 15th, Robert Fauber sold 281 shares of Moody’s stock. The stock was sold at an average price of $478.99, for a total transaction of $134,596.19.

Moody’s Stock Up 0.5 %

Shares of MCO stock opened at $495.40 on Thursday. Moody’s Co. has a 52-week low of $360.05 and a 52-week high of $505.77. 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 stock has a market cap of $89.77 billion, a price-to-earnings ratio of 45.24, a PEG ratio of 2.91 and a beta of 1.31. The firm’s 50-day moving average is $483.00 and its 200-day moving average is $475.52.

Institutional Trading of Moody’s

Several institutional investors and hedge funds have recently bought and sold shares of MCO. Planning Capital Management Corp increased its holdings 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 worth $29,000 after acquiring an additional 51 shares during the last quarter. Larson Financial Group LLC boosted its position 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 worth $32,000 after purchasing an additional 49 shares during the period. Catalyst Capital Advisors LLC acquired a new position in shares of Moody’s in the third quarter valued at $36,000. Asset Dedication LLC raised its position in shares of Moody’s by 83.0% in the third quarter. Asset Dedication LLC now owns 86 shares of the business services provider’s stock valued at $41,000 after purchasing an additional 39 shares during the period. Finally, Asset Planning Inc bought a new stake in shares of Moody’s during the 4th quarter worth about $42,000. Institutional investors own 92.11% of the company’s stock.

Analysts Set New Price Targets

MCO has been the topic of several analyst reports. Wells Fargo & Company upped their price objective on Moody’s from $510.00 to $550.00 and gave the company an “overweight” rating in a research note on Wednesday, October 9th. UBS Group increased their price objective on Moody’s from $495.00 to $510.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 23rd. Morgan Stanley boosted their target price 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. Citigroup started 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 for the company. Finally, Robert W. Baird boosted their price target on shares of Moody’s from $490.00 to $512.00 and gave the company an “outperform” rating in a research report on Wednesday, October 23rd. One 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 has an average rating of “Moderate Buy” and a consensus target price of $507.36.

About Moody’s

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.