Crewe Advisors LLC Sells 393 Shares of Moody’s Co. (NYSE:MCO)

Crewe Advisors LLC reduced its holdings in shares of Moody’s Co. (NYSE:MCO) by 5.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,425 shares of the business services provider’s stock after selling 393 shares during the period. Crewe Advisors LLC’s holdings in Moody’s were worth $3,041,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Czech National Bank raised its stake in Moody’s by 6.6% during the third quarter. Czech National Bank now owns 31,902 shares of the business services provider’s stock valued at $15,140,000 after purchasing an additional 1,977 shares in the last quarter. GAMMA Investing LLC lifted its holdings in shares of Moody’s by 38.9% in the 3rd quarter. GAMMA Investing LLC now owns 1,068 shares of the business services provider’s stock worth $507,000 after acquiring an additional 299 shares during the last quarter. Fulton Bank N.A. boosted its stake in shares of Moody’s by 7.2% during the 3rd quarter. Fulton Bank N.A. now owns 1,268 shares of the business services provider’s stock worth $602,000 after purchasing an additional 85 shares during the period. Aprio Wealth Management LLC grew its holdings in Moody’s by 13.2% during the 3rd quarter. Aprio Wealth Management LLC now owns 781 shares of the business services provider’s stock valued at $371,000 after purchasing an additional 91 shares during the last quarter. Finally, Atomi Financial Group Inc. raised its position in Moody’s by 4.8% in the 3rd quarter. Atomi Financial Group Inc. now owns 608 shares of the business services provider’s stock worth $289,000 after purchasing an additional 28 shares during the period. 92.11% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Moody’s

In other news, CEO Robert Fauber sold 281 shares of the stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $474.86, for a total value of $133,435.66. Following the completion of the sale, the chief executive officer now directly owns 61,894 shares of the company’s stock, valued at $29,390,984.84. This represents a 0.45 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In the last quarter, insiders have sold 1,124 shares of company stock worth $540,051. Insiders own 0.07% of the company’s stock.

Moody’s Stock Performance

NYSE:MCO opened at $495.40 on Thursday. The stock has a fifty day moving average price of $483.00 and a 200-day moving average price of $475.52. The company 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 company has a debt-to-equity ratio of 1.69, a quick ratio of 1.67 and a current ratio of 1.67. Moody’s Co. has a fifty-two week low of $360.05 and a fifty-two week high of $505.77.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the stock. Stifel Nicolaus raised their target price on shares of Moody’s from $454.00 to $459.00 and gave the company a “hold” rating in a research note on Wednesday, October 23rd. Wells Fargo & Company raised their target price on shares of Moody’s from $510.00 to $550.00 and gave the stock an “overweight” rating in a report on Wednesday, October 9th. Robert W. Baird raised their price objective on shares of Moody’s from $490.00 to $512.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 23rd. BMO Capital Markets upped their price target on Moody’s from $468.00 to $481.00 and gave the stock a “market perform” rating in a report on Tuesday, January 21st. Finally, Oppenheimer increased their price objective on shares of Moody’s from $543.00 to $545.00 and gave the company an “outperform” rating in a report on Friday, January 3rd. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average 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.