32,904 Shares in Moody's Co. (NYSE:MCO) Purchased by Mediolanum International Funds Ltd

Mediolanum International Funds Ltd purchased a new position in Moody's Co. (NYSE:MCO - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 32,904 shares of the business services provider's stock, valued at approximately $15,543,000.

Other institutional investors also recently modified their holdings of the company. Gilbert & Cook Inc. acquired a new position in Moody's in the fourth quarter valued at $200,000. Crews Bank & Trust bought a new position in shares of Moody's in the 4th quarter worth about $199,000. First Affirmative Financial Network acquired a new position in shares of Moody's in the 4th quarter valued at about $218,000. Baron Wealth Management LLC bought a new stake in shares of Moody's during the 4th quarter valued at about $202,000. Finally, Allen Capital Group LLC acquired a new stake in Moody's during the fourth quarter worth approximately $219,000. 92.11% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have issued reports on MCO shares. Morgan Stanley boosted their price target on Moody's from $462.00 to $481.00 and gave the company an "equal weight" rating in a research note on Thursday, December 12th. StockNews.com upgraded shares of Moody's from a "hold" rating to a "buy" rating in a report on Tuesday, December 24th. Wells Fargo & Company upped their price objective on shares of Moody's from $510.00 to $550.00 and gave the company an "overweight" rating in a report on Wednesday, October 9th. UBS Group raised their target price on Moody's from $495.00 to $510.00 and gave the company a "neutral" rating in a research note on Wednesday, October 23rd. Finally, Stifel Nicolaus upped their price target on Moody's from $454.00 to $459.00 and gave the stock a "hold" rating in a research note on Wednesday, October 23rd. 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. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $507.36.

Insider Buying and Selling

In other Moody's news, CEO Robert Fauber sold 281 shares of the business's stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $473.62, for a total value of $133,087.22. Following the transaction, the chief executive officer now owns 61,894 shares of the company's stock, valued at approximately $29,314,236.28. The trade was a 0.45 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Over the last ninety days, insiders have sold 843 shares of company stock worth $401,119. 0.07% of the stock is owned by insiders.

Moody's Stock Up 0.1 %

NYSE:MCO traded up $0.29 during trading hours on Friday, hitting $499.49. 535,816 shares of the company traded hands, compared to its average volume of 546,793. The company has a quick ratio of 1.67, a current ratio of 1.67 and a debt-to-equity ratio of 1.69. The company has a market cap of $90.51 billion, a PE ratio of 45.62, a PEG ratio of 2.85 and a beta of 1.30. The firm's 50-day simple moving average is $483.06 and its 200-day simple moving average is $474.69. Moody's Co. has a one year low of $360.05 and a one year high of $505.78.

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.