Vanderbilt University Decreases Stock Holdings in Moody’s Co. (NYSE:MCO)

Vanderbilt University reduced its holdings in Moody’s Co. (NYSE:MCO) by 35.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,813 shares of the business services provider’s stock after selling 2,630 shares during the period. Vanderbilt University’s holdings in Moody’s were worth $2,278,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in MCO. Planning Capital Management Corp grew its position in Moody’s by 566.7% in the third 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 in the last quarter. Larson Financial Group LLC lifted its stake in shares of Moody’s by 272.2% in the 3rd quarter. Larson Financial Group LLC now owns 67 shares of the business services provider’s stock valued at $32,000 after purchasing an additional 49 shares during the last quarter. Catalyst Capital Advisors LLC purchased a new position in shares of Moody’s in the 3rd quarter worth approximately $36,000. Asset Dedication LLC increased 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 during the last quarter. Finally, Albion Financial Group UT purchased a new stake in Moody’s during the 4th quarter valued at $45,000. 92.11% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have commented on MCO. UBS Group lifted their price objective on shares of Moody’s from $495.00 to $510.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 23rd. Stifel Nicolaus upped their price target on shares of Moody’s from $454.00 to $459.00 and gave the company a “hold” rating in a report on Wednesday, October 23rd. BMO Capital Markets increased their price objective on shares of Moody’s from $468.00 to $481.00 and gave the stock a “market perform” rating in a research report on Tuesday, January 21st. Oppenheimer boosted their target price 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, Wells Fargo & Company increased their price target on Moody’s from $510.00 to $550.00 and gave the stock an “overweight” rating in a report on Wednesday, October 9th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have assigned a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $507.36.

Moody’s Price Performance

MCO opened at $495.40 on Thursday. The company has a market capitalization 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 company has a current ratio of 1.67, a quick ratio of 1.67 and a debt-to-equity ratio of 1.69. Moody’s Co. has a 12-month low of $360.05 and a 12-month high of $505.77. The business’s fifty day simple moving average is $483.00 and its 200-day simple moving average is $475.52.

Insider Buying and Selling

In other news, CEO Robert Fauber sold 281 shares of the business’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 completion of the sale, the chief executive officer now owns 61,894 shares in the company, valued at approximately $29,390,984.84. The trade was a 0.45 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders sold a total of 1,124 shares of company stock valued at $540,051 over the last three months. 0.07% of the stock is owned by company insiders.

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.