Vontobel Asset Management Has Decreased Its Moodys (MCO) Stake by $11.45 Million as Market Value Rose; As General Electric Co (GE) Share Price Declined, Shareholder Diversified Investment Strategies Upped Its Stake

February 15, 2018 - By Adrian Mccoy

Vontobel Asset Management Inc decreased its stake in Moodys Corp (MCO) by 53.46% based on its latest 2017Q3 regulatory filing with the SEC. Vontobel Asset Management Inc sold 82,367 shares as the company’s stock rose 1.64% with the market. The institutional investor held 71,713 shares of the consumer services company at the end of 2017Q3, valued at $9.99M, down from 154,080 at the end of the previous reported quarter. Vontobel Asset Management Inc who had been investing in Moodys Corp for a number of months, seems to be less bullish one the $31.25 billion market cap company. The stock increased 1.21% or $1.95 during the last trading session, reaching $163.55. About 1.36M shares traded or 68.94% up from the average. Moody's Corporation (NYSE:MCO) has risen 23.29% since February 15, 2017 and is uptrending. It has outperformed by 6.59% the S&P500.

Diversified Investment Strategies Llc increased its stake in General Electric Co (GE) by 24.56% based on its latest 2017Q3 regulatory filing with the SEC. Diversified Investment Strategies Llc bought 13,151 shares as the company’s stock declined 7.64% while stock markets rallied. The institutional investor held 66,691 shares of the consumer electronics and appliances company at the end of 2017Q3, valued at $1.61M, up from 53,540 at the end of the previous reported quarter. Diversified Investment Strategies Llc who had been investing in General Electric Co for a number of months, seems to be bullish on the $129.21 billion market cap company. The stock increased 1.57% or $0.23 during the last trading session, reaching $14.9. About 85.91M shares traded or 0.07% up from the average. General Electric Company (NYSE:GE) has declined 4.46% since February 15, 2017 and is downtrending. It has underperformed by 21.16% the S&P500.

Diversified Investment Strategies Llc, which manages about $103.53 million US Long portfolio, decreased its stake in Abb Ltd (NYSE:ABB) by 137,200 shares to 9,775 shares, valued at $242,000 in 2017Q3, according to the filing.

Investors sentiment decreased to 0.69 in 2017 Q3. Its down 0.10, from 0.79 in 2017Q2. It turned negative, as 112 investors sold GE shares while 818 reduced holdings. 118 funds opened positions while 525 raised stakes. 4.70 billion shares or 1.82% more from 4.61 billion shares in 2017Q2 were reported. Torray Limited Liability invested in 1.34% or 560,775 shares. Security Commercial Bank Of Sioux City Iowa Ia accumulated 54,346 shares. Needelman Asset Mngmt holds 2.29% in General Electric Company (NYSE:GE) or 38,590 shares. Gabelli Funds Ltd Liability Co owns 2.23M shares for 0.31% of their portfolio. Gw Henssler & Associates Ltd invested in 17,322 shares. Private Wealth Advsr invested 1.54% in General Electric Company (NYSE:GE). Mitchell Sinkler Starr Pa reported 44,250 shares. Novare Capital Management Ltd has invested 0.06% in General Electric Company (NYSE:GE). Long Road Counsel Lc holds 2.14% or 124,509 shares. 1.34M were reported by Boston Private Wealth Ltd Liability. Btim reported 0.06% of its portfolio in General Electric Company (NYSE:GE). Indiana Tru & Inv Comm reported 78,898 shares stake. Blackrock Inc holds 0.64% or 524.06M shares in its portfolio. Hutchinson Capital Mgmt Ca owns 26,925 shares for 0.18% of their portfolio. Triangle Secs Wealth Management stated it has 111,312 shares or 1.6% of all its holdings.

Since August 22, 2017, it had 2 buys, and 0 insider sales for $2.50 million activity. DIMITRIEF ALEXANDER bought $43,446 worth of stock.

Among 28 analysts covering General Electric Company (NYSE:GE), 9 have Buy rating, 5 Sell and 14 Hold. Therefore 32% are positive. General Electric Company had 89 analyst reports since July 21, 2015 according to SRatingsIntel. Vetr downgraded it to “Hold” rating and $25.84 target in Tuesday, September 22 report. TheStreet downgraded the stock to “Buy” rating in Wednesday, August 26 report. Stifel Nicolaus maintained General Electric Company (NYSE:GE) on Tuesday, January 30 with “Hold” rating. As per Monday, June 12, the company rating was maintained by Oppenheimer. The firm has “Equal-Weight” rating by Morgan Stanley given on Tuesday, July 25. The company was maintained on Monday, October 30 by Deutsche Bank. BMO Capital Markets maintained General Electric Company (NYSE:GE) rating on Thursday, March 23. BMO Capital Markets has “Hold” rating and $67 target. The rating was maintained by Deutsche Bank with “Sell” on Tuesday, November 21. The rating was maintained by Tigress Financial on Thursday, December 28 with “Hold”. On Monday, October 19 the stock rating was maintained by RBC Capital Markets with “Outperform”.

Investors sentiment increased to 1.01 in Q3 2017. Its up 0.03, from 0.98 in 2017Q2. It is positive, as 18 investors sold MCO shares while 182 reduced holdings. 65 funds opened positions while 137 raised stakes. 158.15 million shares or 1.61% less from 160.75 million shares in 2017Q2 were reported. Stifel Fincl reported 15,909 shares. Ameritas Invest Partners Inc has 3,819 shares. Bp Public Limited Co holds 0.12% or 24,000 shares. Agf America holds 2.18% in Moody's Corporation (NYSE:MCO) or 41,027 shares. Ls Inv Advsrs Limited Liability Corporation holds 0.11% in Moody's Corporation (NYSE:MCO) or 12,898 shares. Macquarie Grp Inc Limited has invested 0.01% of its portfolio in Moody's Corporation (NYSE:MCO). Epoch Invest has invested 0.01% of its portfolio in Moody's Corporation (NYSE:MCO). Frontier Cap Com Ltd Limited Liability Company invested 0.38% in Moody's Corporation (NYSE:MCO). Vulcan Value Prns Ltd Limited Liability Company has 1.78% invested in Moody's Corporation (NYSE:MCO). Boston Prtn reported 0.11% in Moody's Corporation (NYSE:MCO). Maple Cap Management Inc stated it has 1,477 shares or 0.06% of all its holdings. 54,043 are held by Gulf Retail Bank (Uk). Avalon Advisors Limited Liability Company holds 0.3% in Moody's Corporation (NYSE:MCO) or 68,800 shares. Hennessy stated it has 0.05% in Moody's Corporation (NYSE:MCO). Hillhouse Management Limited owns 89,949 shares for 0.21% of their portfolio.

Analysts await Moody's Corporation (NYSE:MCO) to report earnings on February, 16. They expect $1.40 earnings per share, up 13.82% or $0.17 from last year’s $1.23 per share. MCO’s profit will be $267.54 million for 29.21 P/E if the $1.40 EPS becomes a reality. After $1.52 actual earnings per share reported by Moody's Corporation for the previous quarter, Wall Street now forecasts -7.89% negative EPS growth.

Since September 7, 2017, it had 0 insider purchases, and 4 sales for $16.24 million activity. 5 shares valued at $808 were sold by Fauber Robert on Wednesday, January 31. Another trade for 62,500 shares valued at $10.11 million was sold by Almeida Mark. 45,216 shares valued at $6.07 million were sold by MCDANIEL RAYMOND W on Thursday, September 7.

Vontobel Asset Management Inc, which manages about $44.19B and $13.79B US Long portfolio, upped its stake in Medtronic Plc (NYSE:MDT) by 206,157 shares to 2.64M shares, valued at $212.17 million in 2017Q3, according to the filing. It also increased its holding in Starbucks Corp (NASDAQ:SBUX) by 559,593 shares in the quarter, for a total of 3.77M shares, and has risen its stake in O Reilly Automotive Inc New (NASDAQ:ORLY).

Among 14 analysts covering Moody’s (NYSE:MCO), 3 have Buy rating, 0 Sell and 11 Hold. Therefore 21% are positive. Moody’s had 50 analyst reports since October 5, 2015 according to SRatingsIntel. The rating was initiated by Evercore with “Hold” on Thursday, January 7. The rating was maintained by BMO Capital Markets with “Market Perform” on Monday, February 12. The rating was initiated by Cantor Fitzgerald on Tuesday, November 10 with “Hold”. BMO Capital Markets maintained Moody's Corporation (NYSE:MCO) rating on Friday, July 21. BMO Capital Markets has “Hold” rating and $13500 target. The firm earned “Equal-Weight” rating on Tuesday, February 21 by Morgan Stanley. The rating was maintained by Barclays Capital on Wednesday, June 28 with “Hold”. The firm has “Hold” rating given on Tuesday, July 11 by BMO Capital Markets. BMO Capital Markets maintained Moody's Corporation (NYSE:MCO) rating on Friday, February 9. BMO Capital Markets has “Hold” rating and $161.0 target. The stock of Moody's Corporation (NYSE:MCO) has “Overweight” rating given on Monday, February 8 by Barclays Capital. As per Thursday, January 11, the company rating was initiated by Nomura.

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