Fogel Capital Management Inc. Sells 35 Shares of Moody’s Co. (NYSE:MCO)

Fogel Capital Management Inc. lessened its stake in shares of Moody’s Co. (NYSE:MCO) by 0.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,765 shares of the business services provider’s stock after selling 35 shares during the quarter. Moody’s accounts for about 2.6% of Fogel Capital Management Inc.’s investment portfolio, making the stock its 12th largest position. Fogel Capital Management Inc.’s holdings in Moody’s were worth $5,096,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also bought and sold shares of the stock. Haverford Trust Co raised its position in shares of Moody’s by 1.8% during the 3rd 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. Avitas Wealth Management LLC increased its holdings in Moody’s by 0.8% in the fourth quarter. Avitas Wealth Management LLC now owns 2,803 shares of the business services provider’s stock valued at $1,327,000 after purchasing an additional 22 shares during the last quarter. Stratos Wealth Advisors LLC boosted its holdings in Moody’s by 2.1% during the third quarter. Stratos Wealth Advisors LLC now owns 1,107 shares of the business services provider’s stock worth $525,000 after buying an additional 23 shares during the last quarter. Okabena Investment Services Inc. increased its stake in shares of Moody’s by 0.8% in the 3rd quarter. Okabena Investment Services Inc. now owns 2,767 shares of the business services provider’s stock valued at $1,313,000 after acquiring an additional 23 shares during the last quarter. Finally, McGlone Suttner Wealth Management Inc. boosted its stake 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 acquiring an additional 23 shares during the last quarter. Institutional investors and hedge funds 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 stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $474.86, for a total value of $133,435.66. Following the completion of the transaction, the chief executive officer now directly 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 legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders sold 1,124 shares of company stock valued at $540,051 in the last quarter. Company insiders own 0.07% of the company’s stock.

Moody’s Stock Performance

MCO opened at $493.58 on Wednesday. Moody’s Co. has a 1 year low of $360.05 and a 1 year high of $505.77. The company has a debt-to-equity ratio of 1.69, a current ratio of 1.67 and a quick ratio of 1.67. The company has a market capitalization of $89.44 billion, a PE ratio of 45.08, a price-to-earnings-growth ratio of 2.91 and a beta of 1.31. The business has a fifty day simple moving average of $483.12 and a 200 day simple moving average of $475.16.

Analysts Set New Price Targets

Several equities research analysts have weighed in on MCO shares. Wells Fargo & Company increased their target price on shares of Moody’s from $510.00 to $550.00 and gave the stock an “overweight” rating in a report on Wednesday, October 9th. Oppenheimer raised their price objective on shares of Moody’s from $543.00 to $545.00 and gave the stock an “outperform” rating in a report on Friday, January 3rd. Citigroup assumed coverage on Moody’s in a research note on Friday, December 20th. They issued a “buy” rating and a $565.00 target price on the stock. BMO Capital Markets increased their target price on shares of Moody’s from $468.00 to $481.00 and gave the stock a “market perform” rating in a report on Tuesday, January 21st. Finally, UBS Group boosted their price target on shares of Moody’s from $495.00 to $510.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 23rd. One analyst has rated the stock with a sell rating, five have given a hold rating and ten have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price 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.