3,708 Shares in MSCI Inc $MSCI Purchased by Alamar Capital Management LLC

Alamar Capital Management LLC purchased a new stake in MSCI Inc (NYSE:MSCI - Free Report) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 3,708 shares of the technology company's stock, valued at approximately $2,077,000. MSCI comprises approximately 1.1% of Alamar Capital Management LLC's portfolio, making the stock its 22nd biggest position.

Several other large investors also recently made changes to their positions in the business. Meeder Advisory Services Inc. acquired a new position in MSCI in the second quarter worth approximately $757,000. Citizens Financial Group Inc. RI bought a new stake in shares of MSCI during the 2nd quarter worth $800,000. Texas Capital Bank Wealth Management Services Inc bought a new stake in shares of MSCI during the 2nd quarter worth $8,118,000. K.J. Harrison & Partners Inc acquired a new position in shares of MSCI in the 2nd quarter worth $1,391,000. Finally, B & T Capital Management DBA Alpha Capital Management acquired a new stake in shares of MSCI during the second quarter worth $4,794,000. Institutional investors own 89.97% of the company's stock.

MSCI Stock Performance

MSCI stock opened at $562.75 on Wednesday. MSCI Inc has a twelve month low of $501.08 and a twelve month high of $644.77. The firm has a market cap of $40.91 billion, a PE ratio of 30.79, a P/E/G ratio of 2.17 and a beta of 1.23. The firm's 50 day moving average price is $584.43 and its two-hundred day moving average price is $574.20.

MSCI (NYSE:MSCI - Get Free Report) last issued its earnings results on Tuesday, July 21st. The technology company reported $4.94 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $4.99 by ($0.05). MSCI had a net margin of 40.74% and a negative return on equity of 55.19%. The company had revenue of $867.00 million for the quarter, compared to analyst estimates of $870.71 million. During the same period last year, the business earned $4.17 EPS. The company's quarterly revenue was up 12.2% on a year-over-year basis. Equities analysts anticipate that MSCI Inc will post 19.61 EPS for the current fiscal year.

MSCI Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be paid a $2.05 dividend. The ex-dividend date is Friday, August 14th. This represents a $8.20 dividend on an annualized basis and a yield of 1.5%. MSCI's payout ratio is 44.86%.

Analyst Ratings Changes

Several brokerages have recently commented on MSCI. UBS Group set a $615.00 target price on MSCI in a report on Wednesday, July 22nd. Barclays upped their price objective on shares of MSCI from $700.00 to $735.00 and gave the company an "overweight" rating in a research note on Friday, July 10th. Morgan Stanley reiterated an "overweight" rating and issued a $700.00 target price on shares of MSCI in a report on Tuesday, July 21st. Jefferies Financial Group initiated coverage on shares of MSCI in a research report on Friday, July 17th. They issued a "buy" rating and a $760.00 target price on the stock. Finally, Bank of America boosted their price target on shares of MSCI from $715.00 to $730.00 and gave the company a "buy" rating in a report on Friday, July 10th. One research analyst has rated the stock with a Strong Buy rating and eleven have given a Buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Buy" and an average price target of $709.50.

MSCI Company Profile

MSCI Inc is a global provider of investment decision support tools and services for the financial industry. The company is best known for its family of market indexes, which are widely used as benchmarks by asset managers and as the basis for exchange-traded funds and other passive products. In addition to index construction and licensing, MSCI offers portfolio analytics, risk models, factor and performance attribution tools, and a suite of data and technology solutions designed to support portfolio management and trading.

Beyond traditional indexing and risk analytics, MSCI has expanded into environmental, social and governance (ESG) research and ratings, offering data, scores and screening tools that help investors integrate sustainability considerations into investment processes.

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