Tema Etfs LLC Acquires New Position in MSCI Inc. (NYSE:MSCI)

Tema Etfs LLC bought a new position in MSCI Inc. (NYSE:MSCI - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The firm bought 1,191 shares of the technology company's stock, valued at approximately $715,000.

A number of other large investors have also recently modified their holdings of MSCI. Johnson Financial Group Inc. increased its position in MSCI by 293.8% during the 4th quarter. Johnson Financial Group Inc. now owns 63 shares of the technology company's stock valued at $38,000 after buying an additional 47 shares in the last quarter. Compagnie Lombard Odier SCmA bought a new position in MSCI during the fourth quarter valued at approximately $41,000. Colonial Trust Co SC lifted its holdings in shares of MSCI by 122.6% during the 4th quarter. Colonial Trust Co SC now owns 69 shares of the technology company's stock valued at $42,000 after buying an additional 38 shares during the period. Y.D. More Investments Ltd lifted its holdings in MSCI by 122.7% in the fourth 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 during the period. Finally, Picton Mahoney Asset Management purchased a new position in shares of MSCI in the fourth quarter worth approximately $60,000. Institutional investors own 89.97% of the company's stock.

MSCI Price Performance

Shares of MSCI stock traded down $11.50 during trading on Wednesday, hitting $559.71. 509,416 shares of the stock traded hands, compared to its average volume of 520,281. MSCI Inc. has a 52-week low of $475.32 and a 52-week high of $642.45. The firm has a market capitalization of $43.31 billion, a P/E ratio of 39.81, a price-to-earnings-growth ratio of 2.61 and a beta of 1.33. The firm's fifty day moving average price is $551.27 and its 200-day moving average price is $579.16.

MSCI (NYSE:MSCI - Get Free Report) last posted 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 during the quarter, compared to analyst estimates of $746.45 million. As a group, equities research analysts expect that MSCI Inc. will post 16.86 earnings per share for the current year.

MSCI Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Friday, May 16th will be given a dividend of $1.80 per share. The ex-dividend date is Friday, May 16th. This represents a $7.20 annualized dividend and a dividend yield of 1.29%. MSCI's dividend payout ratio is currently 49.48%.

Analyst Ratings Changes

Several analysts have issued reports on the company. Evercore ISI cut their price target on MSCI from $673.00 to $631.00 and set an "outperform" rating for the company in a report on Wednesday, April 23rd. Wells Fargo & Company decreased their target price on MSCI from $532.00 to $530.00 and set an "equal weight" rating on the stock in a research report on Wednesday, April 16th. Oppenheimer reissued a "market perform" rating on shares of MSCI in a research note on Wednesday, April 23rd. Royal Bank of Canada restated an "outperform" rating and set a $675.00 price target on shares of MSCI in a report on Wednesday, April 16th. Finally, Bank of America assumed coverage on shares of MSCI in a research note on Thursday, April 10th. They set a "neutral" rating and a $585.00 price target for the company. Three equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $645.36.

Insider Activity

In related news, COO Cd Baer Pettit sold 5,000 shares of the business's stock in a transaction dated Friday, April 4th. The stock was sold at an average price of $524.25, for a total value of $2,621,250.00. Following the transaction, the chief operating officer now owns 294,787 shares in the company, valued at $154,542,084.75. The trade was a 1.67% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Henry A. Fernandez acquired 5,300 shares of the firm's stock in a transaction on Monday, February 24th. The shares were bought at an average cost of $574.51 per share, with a total value of $3,044,903.00. Following the completion of the transaction, the chief executive officer now directly owns 1,269,951 shares in the company, valued at $729,599,549.01. This trade represents a 0.42% increase in their position. The disclosure for this purchase can be found here. Company insiders own 3.31% of the company's stock.

MSCI Company Profile

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.