Moody’s Co. (NYSE:MCO) Shares Sold by Boston Trust Walden Corp

Boston Trust Walden Corp reduced its position in shares of Moody’s Co. (NYSE:MCO) by 0.6% during the 4th quarter, Holdings Channel.com reports. The firm owned 7,480 shares of the business services provider’s stock after selling 45 shares during the quarter. Boston Trust Walden Corp’s holdings in Moody’s were worth $3,541,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Sanctuary Advisors LLC acquired a new stake in shares of Moody’s during the 2nd quarter worth $2,766,000. Czech National Bank increased its stake in Moody’s by 6.6% during the third quarter. Czech National Bank now owns 31,902 shares of the business services provider’s stock worth $15,140,000 after acquiring an additional 1,977 shares during the last quarter. Park Avenue Securities LLC raised its holdings in shares of Moody’s by 4.3% in the 3rd quarter. Park Avenue Securities LLC now owns 3,134 shares of the business services provider’s stock worth $1,487,000 after purchasing an additional 130 shares during the period. GAMMA Investing LLC lifted its stake in shares of Moody’s by 38.9% in the 3rd quarter. GAMMA Investing LLC now owns 1,068 shares of the business services provider’s stock valued at $507,000 after purchasing an additional 299 shares in the last quarter. Finally, Diversified Trust Co grew its holdings in shares of Moody’s by 0.5% during the 3rd quarter. Diversified Trust Co now owns 5,004 shares of the business services provider’s stock worth $2,375,000 after purchasing an additional 25 shares during the period. 92.11% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Moody’s

In other news, CEO Robert Fauber sold 281 shares of the company’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $474.86, for a total value of $133,435.66. Following the sale, the chief executive officer now owns 61,894 shares in the company, valued at approximately $29,390,984.84. This represents a 0.45 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders have sold 1,124 shares of company stock worth $540,051 in the last ninety days. 0.07% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research analysts recently commented on MCO shares. UBS Group raised their price target on shares of Moody’s from $495.00 to $510.00 and gave the company a “neutral” rating in a report on Wednesday, October 23rd. Morgan Stanley raised 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. StockNews.com raised shares of Moody’s from a “hold” rating to a “buy” rating in a research report on Tuesday, December 24th. Oppenheimer raised their price objective on Moody’s from $543.00 to $545.00 and gave the company an “outperform” rating in a research report on Friday, January 3rd. Finally, Robert W. Baird upped their target price on Moody’s from $490.00 to $512.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 23rd. 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 stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $507.36.

Moody’s Stock Down 0.6 %

MCO stock opened at $493.58 on Wednesday. The company has a current ratio of 1.67, a quick ratio of 1.67 and a debt-to-equity ratio of 1.69. The firm has a 50 day simple moving average of $483.12 and a 200-day simple moving average of $475.16. The company has a market capitalization of $89.44 billion, a P/E ratio of 45.08, a PEG ratio of 2.91 and a beta of 1.31. Moody’s Co. has a twelve month low of $360.05 and a twelve month high of $505.77.

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.