OLIO Financial Planning Has $272,000 Stake in Moody’s Co. (NYSE:MCO)

OLIO Financial Planning cut its stake in Moody’s Co. (NYSE:MCO) by 73.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 574 shares of the business services provider’s stock after selling 1,550 shares during the period. OLIO Financial Planning’s holdings in Moody’s were worth $272,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in MCO. Haverford Trust Co lifted its position in shares of Moody’s by 1.8% in the third quarter. Haverford Trust Co now owns 1,223 shares of the business services provider’s stock worth $580,000 after purchasing an additional 22 shares in the last quarter. Stratos Wealth Advisors LLC boosted its stake in shares of Moody’s by 2.1% during the 3rd quarter. Stratos Wealth Advisors LLC now owns 1,107 shares of the business services provider’s stock worth $525,000 after buying an additional 23 shares during the last quarter. Okabena Investment Services Inc. grew its holdings in shares of Moody’s by 0.8% in the 3rd quarter. Okabena Investment Services Inc. now owns 2,767 shares of the business services provider’s stock valued at $1,313,000 after acquiring an additional 23 shares in the last quarter. McGlone Suttner Wealth Management Inc. increased its position in shares of Moody’s by 3.2% in the fourth quarter. McGlone Suttner Wealth Management Inc. now owns 746 shares of the business services provider’s stock valued at $353,000 after acquiring an additional 23 shares during the last quarter. Finally, Capital Advisors Ltd. LLC raised its holdings in Moody’s by 2.5% during the third quarter. Capital Advisors Ltd. LLC now owns 984 shares of the business services provider’s stock worth $467,000 after acquiring an additional 24 shares in the last quarter. Institutional investors own 92.11% of the company’s stock.

Insider Activity

In other news, CEO Robert Fauber sold 281 shares of the stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $474.86, for a total transaction of $133,435.66. Following the sale, the chief executive officer now directly owns 61,894 shares of the company’s stock, valued at approximately $29,390,984.84. This represents a 0.45 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Over the last ninety days, insiders sold 843 shares of company stock worth $401,119. Corporate insiders own 0.07% of the company’s stock.

Moody’s Price Performance

Shares of Moody’s stock opened at $489.21 on Monday. 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 has a market capitalization of $88.65 billion, a price-to-earnings ratio of 44.68, a price-to-earnings-growth ratio of 2.82 and a beta of 1.30. Moody’s Co. has a twelve month low of $360.05 and a twelve month high of $503.95. The company has a 50-day simple moving average of $481.00 and a two-hundred day simple moving average of $472.93.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on MCO. BMO Capital Markets raised their price target on Moody’s from $468.00 to $481.00 and gave the company a “market perform” rating in a research note on Tuesday, January 21st. Morgan Stanley boosted their target price on shares of Moody’s from $462.00 to $481.00 and gave the stock an “equal weight” rating in a report on Thursday, December 12th. Citigroup initiated coverage on shares of Moody’s in a research note on Friday, December 20th. They issued a “buy” rating and a $565.00 price target for the company. Stifel Nicolaus boosted their price objective on shares of Moody’s from $454.00 to $459.00 and gave the stock a “hold” rating in a research note on Wednesday, October 23rd. Finally, Evercore ISI assumed coverage on shares of Moody’s in a research note on Wednesday, October 2nd. They issued an “outperform” rating and a $521.00 target price for the company. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $507.36.

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.