Quotient Wealth Partners LLC Has $293,000 Position in Moody’s Co. (NYSE:MCO)

Quotient Wealth Partners LLC boosted its stake in Moody’s Co. (NYSE:MCO) by 4.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 618 shares of the business services provider’s stock after purchasing an additional 26 shares during the quarter. Quotient Wealth Partners LLC’s holdings in Moody’s were worth $293,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MCO. Atomi Financial Group Inc. raised its stake in Moody’s by 4.8% during the 3rd quarter. Atomi Financial Group Inc. now owns 608 shares of the business services provider’s stock worth $289,000 after buying an additional 28 shares during the period. Brookstone Capital Management raised its position in shares of Moody’s by 4.2% during the third quarter. Brookstone Capital Management now owns 1,611 shares of the business services provider’s stock worth $765,000 after purchasing an additional 65 shares during the period. Livforsakringsbolaget Skandia Omsesidigt lifted its holdings in shares of Moody’s by 392.9% in the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 1,380 shares of the business services provider’s stock worth $655,000 after purchasing an additional 1,100 shares in the last quarter. Ritholtz Wealth Management grew its position in Moody’s by 4.0% in the 3rd quarter. Ritholtz Wealth Management now owns 1,933 shares of the business services provider’s stock valued at $917,000 after purchasing an additional 74 shares during the period. Finally, Crestmont Private Wealth LLC increased its stake in Moody’s by 6.9% during the 3rd quarter. Crestmont Private Wealth LLC now owns 1,065 shares of the business services provider’s stock valued at $505,000 after purchasing an additional 69 shares in the last quarter. 92.11% of the stock is owned by institutional investors.

Insider Activity at Moody’s

In other Moody’s news, CEO Robert Fauber sold 281 shares of the business’s 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 sale, the chief executive officer now directly owns 61,894 shares in the company, valued at $29,390,984.84. The trade was a 0.45 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Over the last quarter, insiders have sold 1,124 shares of company stock worth $540,051. Insiders own 0.07% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. Stifel Nicolaus lifted their price objective 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. Citigroup began coverage on Moody’s in a research note on Friday, December 20th. They set a “buy” rating and a $565.00 price target for the company. Robert W. Baird raised their target price on Moody’s from $490.00 to $512.00 and gave the company an “outperform” rating in a report on Wednesday, October 23rd. StockNews.com raised Moody’s from a “hold” rating to a “buy” rating in a research report on Tuesday, December 24th. Finally, BMO Capital Markets increased their price target on Moody’s from $468.00 to $481.00 and gave the company a “market perform” rating in a research report on Tuesday, January 21st. One 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, Moody’s presently has a consensus rating of “Moderate Buy” and a consensus target price of $507.36.

Moody’s Stock Performance

Shares of MCO stock opened at $503.51 on Monday. Moody’s Co. has a 52 week low of $360.05 and a 52 week high of $506.27. The firm’s 50-day simple moving average is $482.99 and its two-hundred day simple moving average is $476.38. The firm has a market cap of $91.24 billion, a price-to-earnings ratio of 45.98, a P/E/G ratio of 2.93 and a beta of 1.31. The company has a debt-to-equity ratio of 1.69, a quick ratio of 1.67 and a current ratio of 1.67.

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.