Optivise Advisory Services LLC acquired a new position in MSCI Inc. (NYSE:MSCI - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 520 shares of the technology company's stock, valued at approximately $312,000.
A number of other large investors have also recently made changes to their positions in MSCI. Compagnie Lombard Odier SCmA purchased a new stake in MSCI in the 4th quarter worth about $41,000. Y.D. More Investments Ltd boosted its position in MSCI by 122.7% during the 4th quarter. Y.D. More Investments Ltd now owns 98 shares of the technology company's stock valued at $59,000 after acquiring an additional 54 shares in the last quarter. Picton Mahoney Asset Management purchased a new position in shares of MSCI in the 4th quarter valued at $60,000. Private Trust Co. NA raised its position in shares of MSCI by 46.8% in the 4th quarter. Private Trust Co. NA now owns 113 shares of the technology company's stock worth $68,000 after acquiring an additional 36 shares in the last quarter. Finally, SRS Capital Advisors Inc. lifted its stake in shares of MSCI by 21.9% during the 4th quarter. SRS Capital Advisors Inc. now owns 117 shares of the technology company's stock worth $70,000 after purchasing an additional 21 shares during the last quarter. 89.97% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
Several equities analysts have issued reports on MSCI shares. Barclays cut their target price on MSCI from $675.00 to $650.00 and set an "overweight" rating on the stock in a research note on Friday, April 4th. Bank of America started coverage on shares of MSCI in a research report on Thursday, April 10th. They set a "neutral" rating and a $585.00 target price for the company. Oppenheimer reiterated a "market perform" rating on shares of MSCI in a report on Wednesday. Royal Bank of Canada restated an "outperform" rating and set a $675.00 target price on shares of MSCI in a research note on Wednesday, April 16th. Finally, JPMorgan Chase & Co. reduced their target price on MSCI from $680.00 to $650.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 16th. Three analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $645.36.
View Our Latest Report on MSCI
MSCI Stock Up 1.0 %
Shares of MSCI stock traded up $5.06 on Friday, reaching $535.66. 504,498 shares of the stock were exchanged, compared to its average volume of 545,935. MSCI Inc. has a twelve month low of $458.69 and a twelve month high of $642.45. The business has a 50 day moving average price of $555.04 and a two-hundred day moving average price of $583.80. The firm has a market capitalization of $41.60 billion, a price-to-earnings ratio of 38.10, a PEG ratio of 2.61 and a beta of 1.30.
MSCI (NYSE:MSCI - Get Free Report) last released its quarterly earnings data on Tuesday, April 22nd. The technology company reported $4.00 EPS for the quarter, beating the consensus estimate of $3.88 by $0.12. MSCI had a net margin of 38.83% and a negative return on equity of 156.08%. The business had revenue of $745.83 million for the quarter, compared to the consensus estimate of $746.45 million. Research analysts forecast that MSCI Inc. will post 16.86 EPS for the current year.
MSCI Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Shareholders of record on Friday, May 16th will be given a dividend of $1.80 per share. This represents a $7.20 annualized dividend and a yield of 1.34%. The ex-dividend date of this dividend is Friday, May 16th. MSCI's dividend payout ratio is currently 49.48%.
Insider Buying and Selling at MSCI
In other news, CEO Henry A. Fernandez acquired 5,300 shares of the firm's stock in a transaction on Monday, February 24th. The stock was acquired at an average price of $574.51 per share, for a total transaction of $3,044,903.00. Following the completion of the transaction, the chief executive officer now owns 1,269,951 shares in the company, valued at approximately $729,599,549.01. The trade was a 0.42 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Cd Baer Pettit sold 5,000 shares of the firm's stock in a transaction dated Friday, April 4th. The shares were sold at an average price of $524.25, for a total value of $2,621,250.00. Following the sale, the chief operating officer now owns 294,787 shares in the company, valued at $154,542,084.75. This trade represents a 1.67 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 3.31% of the company's stock.
MSCI Profile
(
Free Report)
MSCI Inc, together with its subsidiaries, provides critical decision support tools and solutions for the investment community to manage investment processes worldwide. The Index segment provides indexes for use in various areas of the investment process, including indexed financial product, such as ETFs, mutual funds, annuities, futures, options, structured products, and over-the-counter derivatives; performance benchmarking; portfolio construction and rebalancing; and asset allocation, as well as licenses GICS and GICS Direct.
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