5,380 Shares in Moody's Co. (NYSE:MCO) Acquired by Caprock Group LLC

Caprock Group LLC purchased a new stake in Moody's Co. (NYSE:MCO - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 5,380 shares of the business services provider's stock, valued at approximately $2,547,000.

Other hedge funds have also recently modified their holdings of the company. Mediolanum International Funds Ltd bought a new position in shares of Moody's in the 4th quarter worth about $15,543,000. Gilbert & Cook Inc. bought a new stake in Moody's in the 4th quarter worth about $200,000. Crews Bank & Trust bought a new stake in Moody's in the 4th quarter worth about $199,000. First Affirmative Financial Network bought a new stake in Moody's in the 4th quarter worth about $218,000. Finally, Baron Wealth Management LLC purchased a new position in Moody's in the fourth quarter worth about $202,000. Institutional investors own 92.11% of the company's stock.

Insider Activity at Moody's

In other news, CEO Robert Fauber sold 281 shares of the business's stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $474.86, for a total transaction of $133,435.66. Following the completion of the transaction, the chief executive officer now directly owns 61,894 shares of the company's stock, valued at approximately $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 can be accessed through the SEC website. In the last ninety days, insiders have sold 843 shares of company stock worth $401,119. Company insiders own 0.07% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on MCO shares. Oppenheimer lifted their price objective on shares of Moody's from $543.00 to $545.00 and gave the company an "outperform" rating in a research report on Friday, January 3rd. UBS Group lifted their price objective on Moody's from $495.00 to $510.00 and gave the company a "neutral" rating in a report on Wednesday, October 23rd. Wells Fargo & Company boosted 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. Stifel Nicolaus upped 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. Finally, StockNews.com upgraded Moody's from a "hold" rating to a "buy" rating in a research report on Tuesday, December 24th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and ten have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $507.36.

Moody's Trading Up 0.1 %

Shares of NYSE MCO traded up $0.29 during trading on Friday, hitting $499.49. 535,816 shares of the company were exchanged, compared to its average volume of 546,793. Moody's Co. has a 12-month low of $360.05 and a 12-month high of $505.78. 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 fifty day moving average price of $483.06 and a 200-day moving average price of $474.69. The firm has a market capitalization of $90.51 billion, a PE ratio of 45.62, a P/E/G ratio of 2.85 and a beta of 1.30.

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.