Livforsakringsbolaget Skandia Omsesidigt Sells 100 Shares of Moody’s Co. (NYSE:MCO)

Livforsakringsbolaget Skandia Omsesidigt lowered its stake in Moody’s Co. (NYSE:MCO) by 7.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,280 shares of the business services provider’s stock after selling 100 shares during the quarter. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Moody’s were worth $606,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in MCO. Planning Capital Management Corp boosted its position in shares of Moody’s by 566.7% in the third quarter. Planning Capital Management Corp now owns 60 shares of the business services provider’s stock valued at $29,000 after acquiring an additional 51 shares during the period. Larson Financial Group LLC lifted its stake in Moody’s by 272.2% in the 3rd 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 in the last quarter. Catalyst Capital Advisors LLC bought a new position in Moody’s in the 3rd quarter valued at $36,000. Asset Dedication LLC grew its position in shares of Moody’s by 83.0% during the 3rd 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 in the last quarter. Finally, Albion Financial Group UT bought a new position in shares of Moody’s in the fourth quarter worth $45,000. Hedge funds and other institutional investors own 92.11% of the company’s stock.

Moody’s Stock Performance

Moody’s stock opened at $503.51 on Friday. The firm has a fifty day simple moving average of $482.92 and a two-hundred day simple moving average of $475.85. Moody’s Co. has a twelve month low of $360.05 and a twelve month high of $506.27. The company has a market capitalization of $91.24 billion, a PE ratio of 45.98, a P/E/G ratio of 2.91 and a beta of 1.31. The company has a quick ratio of 1.67, a current ratio of 1.67 and a debt-to-equity ratio of 1.69.

Insider Activity

In other Moody’s news, CEO Robert Fauber sold 281 shares of Moody’s stock in a transaction that occurred 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 transaction, the chief executive officer now directly owns 61,894 shares of the company’s stock, valued at $30,601,631.48. The trade was a 0.45 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In the last quarter, insiders sold 1,124 shares of company stock valued at $540,051. Insiders own 0.07% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. UBS Group lifted their price objective on Moody’s from $495.00 to $510.00 and gave the company a “neutral” rating in a research note on Wednesday, October 23rd. Morgan Stanley lifted their price target on Moody’s from $462.00 to $481.00 and gave the company an “equal weight” rating in a research report on Thursday, December 12th. Stifel Nicolaus upped their price objective on shares of Moody’s from $454.00 to $459.00 and gave the stock a “hold” rating in a research report on Wednesday, October 23rd. BMO Capital Markets lifted 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. Finally, StockNews.com raised shares of Moody’s from a “hold” rating to a “buy” rating in a report on Tuesday, December 24th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $507.36.

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.