Mather Group LLC. Sells 267 Shares of Moody’s Co. (NYSE:MCO)

Mather Group LLC. lessened its holdings in Moody’s Co. (NYSE:MCO) by 16.4% in the fourth quarter, Holdings Channel reports. The firm owned 1,363 shares of the business services provider’s stock after selling 267 shares during the period. Mather Group LLC.’s holdings in Moody’s were worth $645,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. Planning Capital Management Corp grew its stake in Moody’s by 566.7% in the 3rd quarter. Planning Capital Management Corp now owns 60 shares of the business services provider’s stock valued at $29,000 after purchasing an additional 51 shares during the period. Larson Financial Group LLC grew its stake in 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 period. Catalyst Capital Advisors LLC bought a new position in Moody’s in the 3rd quarter valued at $36,000. Asset Dedication LLC grew its stake in Moody’s by 83.0% in 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 period. Finally, Albion Financial Group UT bought a new position in Moody’s in the 4th quarter valued at $45,000. Institutional investors own 92.11% of the company’s stock.

Insider Buying and Selling at Moody’s

In other Moody’s news, CEO Robert Fauber sold 281 shares of the firm’s stock in a transaction dated 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 owns 61,894 shares of the company’s stock, valued at $29,390,984.84. This trade represents a 0.45 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders have sold a total of 1,124 shares of company stock valued at $540,051 in the last 90 days. Corporate insiders own 0.07% of the company’s stock.

Wall Street Analysts Forecast Growth

MCO has been the topic of a number of recent research reports. Oppenheimer upped their price target on Moody’s from $543.00 to $545.00 and gave the company an “outperform” rating in a research report on Friday, January 3rd. Stifel Nicolaus upped their price target on Moody’s from $454.00 to $459.00 and gave the company a “hold” rating in a research report on Wednesday, October 23rd. BMO Capital Markets upped 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. Citigroup initiated coverage on Moody’s in a research report on Friday, December 20th. They set a “buy” rating and a $565.00 price target on the stock. Finally, StockNews.com raised Moody’s from a “hold” rating to a “buy” rating in a research report on Tuesday, December 24th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have given a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $507.36.

Moody’s Stock Performance

NYSE:MCO opened at $495.40 on Thursday. The business’s 50-day moving average price is $483.00 and its two-hundred day moving average price is $475.52. Moody’s Co. has a twelve month low of $360.05 and a twelve month high of $505.77. The stock has a market cap of $89.77 billion, a P/E ratio of 45.24, a PEG ratio of 2.91 and a beta of 1.31. The company has a quick ratio of 1.67, a current ratio of 1.67 and a debt-to-equity ratio of 1.69.

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.