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Crossmark Global Holdings Inc. Grows Holdings in Moody's Corporation $MCO
Crossmark Global Holdings Inc. increased its stake in Moody’s Corporation (NYSE:MCO) by 39.0% in the third quarter, bringing its total holdings to 15,130 shares valued at $7.21 million. Other institutional investors also adjusted their positions in Moody’s, which recently reported strong quarterly earnings and increased its quarterly dividend. Insider selling by CEO Robert Fauber and SVP Richard G. Steele was noted, while analysts maintain a “Moderate Buy” consensus rating with an average price target of $550.25 for Moody’s stock.