Rhumbline Advisers Trims Stakes in Moody's (MCO) and Monster Beverage (MNST) Shares

Rhumbline Advisers, an institutional investor, has reportedly reduced its holdings in both Moody's Corporation (MCO) and Monster Beverage Corporation (MNST). The firm decreased its stake in Moody's (MCO) by 2.3%, selling 7,560 shares, bringing its total holding to 316,401 shares valued at $150.76 million. Similarly, Rhumbline Advisers trimmed its position in Monster Beverage (MNST) by 0.8%, divesting 13,352 shares, resulting in a holding of 1,584,172 shares valued at approximately $106.63 million. These adjustments are indicative of routine portfolio rebalancing by the institutional investor. The reported share sales represent very small percentages of Rhumbline Advisers' total holdings and are unlikely to exert significant market impact. Analysts maintain 'Moderate Buy' ratings for both stocks, with other institutional investors having increased their positions in MCO.