IFP Advisors Inc lessened its position in shares of Moody’s Co. (NYSE:MCO) by 32.3% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 945 shares of the business services provider’s stock after selling 450 shares during the period. IFP Advisors Inc’s holdings in Moody’s were worth $132,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in Moody’s by 0.3% during the third quarter. Vanguard Group Inc. now owns 16,870,550 shares of the business services provider’s stock valued at $2,820,756,000 after buying an additional 55,968 shares during the period. Rathbone Brothers plc grew its position in Moody’s by 83.8% during the third quarter. Rathbone Brothers plc now owns 12,272 shares of the business services provider’s stock valued at $2,052,000 after buying an additional 5,594 shares during the period. FMR LLC grew its position in Moody’s by 5.8% during the third quarter. FMR LLC now owns 2,565,124 shares of the business services provider’s stock valued at $428,888,000 after buying an additional 140,227 shares during the period. Capital International Inc. CA grew its position in Moody’s by 41.9% during the third quarter. Capital International Inc. CA now owns 24,084 shares of the business services provider’s stock valued at $4,027,000 after buying an additional 7,109 shares during the period. Finally, LPL Financial LLC grew its position in Moody’s by 39.0% during the third quarter. LPL Financial LLC now owns 10,132 shares of the business services provider’s stock valued at $1,694,000 after buying an additional 2,844 shares during the period. Institutional investors own 87.64% of the company’s stock.

In other news, SVP Blair Worrall sold 5,561 shares of Moody’s stock in a transaction dated Friday, November 16th. The shares were sold at an average price of $147.43, for a total value of $819,858.23. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 1.00% of the stock is owned by company insiders.

MCO has been the topic of several analyst reports. Morgan Stanley dropped their price target on shares of Moody’s from $171.00 to $156.00 and set a “hold” rating on the stock in a research report on Monday, October 29th. Goldman Sachs Group initiated coverage on shares of Moody’s in a research report on Wednesday, November 14th. They set a “neutral” rating and a $165.00 price target on the stock. Wells Fargo & Co dropped their price target on shares of Moody’s from $172.00 to $170.00 and set a “market perform” rating on the stock in a research report on Tuesday, October 30th. Barclays restated a “buy” rating and set a $175.00 price target on shares of Moody’s in a research report on Sunday, December 9th. Finally, Zacks Investment Research lowered shares of Moody’s from a “hold” rating to a “sell” rating in a research report on Thursday, January 3rd. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the stock. Moody’s has a consensus rating of “Hold” and an average price target of $171.42.

Shares of NYSE MCO opened at $161.03 on Friday. Moody’s Co. has a 52-week low of $129.26 and a 52-week high of $187.98. The stock has a market capitalization of $30.80 billion, a PE ratio of 26.53, a P/E/G ratio of 1.90 and a beta of 1.27. The company has a current ratio of 1.38, a quick ratio of 1.38 and a debt-to-equity ratio of 7.40.

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Moody’s Company Profile

Moody's Corporation provides credit ratings; and credit, capital markets, and economic related research, data, and analytical tools worldwide. It operates through two segments, Moody's Investors Service and Moody's Analytics. The Moody's Investors Service segment publishes credit ratings on various debt obligations and entities that issue such obligations comprising various corporate and governmental obligations, structured finance securities, and commercial paper programs.

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Want to see what other hedge funds are holding MCO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Moody’s Co. (NYSE:MCO).

Institutional Ownership by Quarter for Moody`s (NYSE:MCO)

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