Moody’s Co. (NYSE:MCO) Shares Sold by Westbourne Investment Advisors Inc.

Westbourne Investment Advisors Inc. lessened its stake in Moody’s Co. (NYSE:MCO) by 7.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,801 shares of the business services provider’s stock after selling 210 shares during the quarter. Westbourne Investment Advisors Inc.’s holdings in Moody’s were worth $1,326,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of MCO. International Assets Investment Management LLC grew its stake in shares of Moody’s by 74,000.1% during the third quarter. International Assets Investment Management LLC now owns 724,699 shares of the business services provider’s stock valued at $343,935,000 after acquiring an additional 723,721 shares in the last quarter. FMR LLC boosted its holdings in Moody’s by 12.3% in the third quarter. FMR LLC now owns 6,581,036 shares of the business services provider’s stock valued at $3,123,294,000 after purchasing an additional 723,226 shares during the last quarter. Massachusetts Financial Services Co. MA grew its stake in Moody’s by 32.0% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,075,719 shares of the business services provider’s stock valued at $985,115,000 after purchasing an additional 502,891 shares in the last quarter. Jennison Associates LLC raised its position in shares of Moody’s by 22.6% in the 3rd quarter. Jennison Associates LLC now owns 2,333,263 shares of the business services provider’s stock valued at $1,107,344,000 after purchasing an additional 430,878 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of Moody’s by 13.0% during the 3rd quarter. Geode Capital Management LLC now owns 3,612,172 shares of the business services provider’s stock valued at $1,708,851,000 after buying an additional 416,535 shares during the last quarter. Institutional investors and hedge funds own 92.11% of the company’s stock.

Moody’s Stock Up 0.1 %

Shares of Moody’s stock opened at $503.51 on Friday. Moody’s Co. has a 12-month low of $360.05 and a 12-month high of $506.27. The firm has a market capitalization of $91.24 billion, a PE ratio of 45.98, a price-to-earnings-growth 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. The stock’s fifty day moving average is $482.92 and its 200-day moving average is $475.85.

Insiders Place Their Bets

In other news, CEO Robert Fauber sold 281 shares of Moody’s stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $474.86, for a total value 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 legal filing with the SEC, which is available at this link. In the last quarter, insiders have sold 1,124 shares of company stock worth $540,051. Company insiders own 0.07% of the company’s stock.

Analyst Ratings Changes

MCO has been the subject of several recent analyst reports. UBS Group raised their price objective on shares of Moody’s from $495.00 to $510.00 and gave the stock a “neutral” rating in a report on Wednesday, October 23rd. Morgan Stanley boosted their price objective on Moody’s from $462.00 to $481.00 and gave the company an “equal weight” rating in a report on Thursday, December 12th. Citigroup assumed coverage on Moody’s in a research note on Friday, December 20th. They set a “buy” rating and a $565.00 price objective on the stock. Oppenheimer boosted their price target on Moody’s from $543.00 to $545.00 and gave the company an “outperform” rating in a report on Friday, January 3rd. Finally, Robert W. Baird raised their price objective on Moody’s from $490.00 to $512.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 23rd. One research analyst has rated the stock with a sell rating, five have given a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat.com, Moody’s presently has a consensus rating of “Moderate Buy” and an average target price of $507.36.

Moody’s 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.