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 company’s stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $494.42, for a total transaction of $138,932.02. Following the completion of the transaction, the chief executive officer now owns 61,894 shares in the company, valued at approximately $30,601,631.48. This represents a 0.45 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

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 stock was sold at an average price of $474.86, for a total value of $133,435.66.
• On Friday, November 15th, Robert Fauber sold 281 shares of Moody’s stock. The shares were sold at an average price of $478.99, for a total value of $134,596.19.

Moody’s Trading Up 0.5 %

Shares of NYSE:MCO 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 company has a market cap of $89.77 billion, a P/E ratio of 45.24, a P/E/G ratio of 2.91 and a beta of 1.31. The stock’s 50-day moving average is $483.00 and its 200-day moving average is $475.52.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. UBS Group lifted their price target on Moody’s from $495.00 to $510.00 and gave the company a “neutral” rating in a report on Wednesday, October 23rd. StockNews.com upgraded shares of Moody’s from a “hold” rating to a “buy” rating in a research note on Tuesday, December 24th. Oppenheimer increased their price target on shares of Moody’s from $543.00 to $545.00 and gave the stock an “outperform” rating in a research note on Friday, January 3rd. Citigroup initiated coverage on shares of Moody’s in a research note on Friday, December 20th. They issued a “buy” rating and a $565.00 price objective for the company. Finally, Morgan Stanley upped their price objective on shares of Moody’s from $462.00 to $481.00 and gave the stock an “equal weight” rating in a report on Thursday, December 12th. One research analyst has rated the stock with a sell rating, five have given a hold rating and ten have issued a buy rating to the company. According to MarketBeat.com, Moody’s currently has a consensus rating of “Moderate Buy” and a consensus target price of $507.36.

Institutional Trading of Moody’s

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in MCO. International Assets Investment Management LLC boosted its position in shares of Moody’s by 74,000.1% in the third quarter. International Assets Investment Management LLC now owns 724,699 shares of the business services provider’s stock valued at $343,935,000 after acquiring an additional 723,721 shares during the period. FMR LLC boosted its holdings in Moody’s by 12.3% in the 3rd quarter. FMR LLC now owns 6,581,036 shares of the business services provider’s stock valued at $3,123,294,000 after purchasing an additional 723,226 shares during the period. Proficio Capital Partners LLC grew its position in Moody’s by 92,060.2% in the 4th quarter. Proficio Capital Partners LLC now owns 612,865 shares of the business services provider’s stock worth $290,112,000 after purchasing an additional 612,200 shares during the last quarter. Massachusetts Financial Services Co. MA grew its position in Moody’s by 32.0% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,075,719 shares of the business services provider’s stock worth $985,115,000 after purchasing an additional 502,891 shares during the last quarter. Finally, Jennison Associates LLC increased its holdings in shares of Moody’s by 22.6% during the 3rd quarter. Jennison Associates LLC now owns 2,333,263 shares of the business services provider’s stock worth $1,107,344,000 after purchasing an additional 430,878 shares during the period. Institutional investors and hedge funds own 92.11% of the company’s stock.

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.