Yousif Capital Management LLC Has $8.94 Million Stock Position in Moody’s Co. (NYSE:MCO)

Yousif Capital Management LLC lessened its position in shares of Moody’s Co. (NYSE:MCO) by 3.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 18,887 shares of the business services provider’s stock after selling 744 shares during the quarter. Yousif Capital Management LLC’s holdings in Moody’s were worth $8,941,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. M&T Bank Corp raised its stake in Moody’s by 11.2% during the third quarter. M&T Bank Corp now owns 62,913 shares of the business services provider’s stock worth $29,858,000 after buying an additional 6,340 shares during the last quarter. Fiduciary Alliance LLC grew its holdings in Moody’s by 32.5% during the 4th quarter. Fiduciary Alliance LLC now owns 14,316 shares of the business services provider’s stock worth $6,777,000 after acquiring an additional 3,510 shares during the period. Burney Co. bought a new position in shares of Moody’s in the 4th quarter worth about $6,775,000. Mizuho Securities USA LLC lifted its stake in shares of Moody’s by 567.2% in the 3rd quarter. Mizuho Securities USA LLC now owns 80,781 shares of the business services provider’s stock valued at $38,338,000 after purchasing an additional 68,674 shares during the period. Finally, Jennison Associates LLC grew its stake in Moody’s by 22.6% during the third 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 own 92.11% of the company’s stock.

Moody’s Stock Up 0.5 %

Shares of NYSE:MCO opened at $495.40 on Thursday. The stock has a market cap of $89.77 billion, a price-to-earnings ratio of 45.24, a PEG ratio of 2.91 and a beta of 1.31. The business’s 50 day moving average is $483.00 and its 200 day moving average is $475.52. Moody’s Co. has a 12-month low of $360.05 and a 12-month high of $505.77. The company has a quick ratio of 1.67, a current ratio of 1.67 and a debt-to-equity ratio of 1.69.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the company. Stifel Nicolaus boosted their price target on Moody’s from $454.00 to $459.00 and gave the company a “hold” rating in a research note on Wednesday, October 23rd. Citigroup initiated coverage on shares of Moody’s in a research note on Friday, December 20th. They set a “buy” rating and a $565.00 target price on the stock. Robert W. Baird lifted their price target on shares of Moody’s from $490.00 to $512.00 and gave the company an “outperform” rating in a research note on Wednesday, October 23rd. Oppenheimer increased their price objective on shares of Moody’s from $543.00 to $545.00 and gave the stock an “outperform” rating in a research report on Friday, January 3rd. Finally, BMO Capital Markets boosted their target price 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 equities research analyst has rated the stock with a sell rating, five have issued a hold rating and ten have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $507.36.

Insiders Place Their Bets

In related news, CEO Robert Fauber sold 281 shares of the firm’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $474.86, for a total transaction of $133,435.66. Following the transaction, the chief executive officer now directly owns 61,894 shares of the company’s stock, valued at $29,390,984.84. This trade represents 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 available at this link. Insiders have sold 1,124 shares of company stock valued at $540,051 in the last three months. 0.07% of the stock is currently owned by insiders.

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.