445 Shares in MSCI Inc (NYSE:MSCI) Purchased by Rainey & Randall Wealth Advisors Inc.

Rainey & Randall Wealth Advisors Inc. bought a new position in shares of MSCI Inc (NYSE:MSCI - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 445 shares of the technology company's stock, valued at approximately $252,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Geode Capital Management LLC grew its holdings in MSCI by 1.9% in the fourth quarter. Geode Capital Management LLC now owns 1,897,456 shares of the technology company's stock valued at $1,136,563,000 after purchasing an additional 35,094 shares during the period. Principal Financial Group Inc. grew its holdings in MSCI by 0.9% in the first quarter. Principal Financial Group Inc. now owns 1,626,923 shares of the technology company's stock valued at $920,026,000 after purchasing an additional 13,918 shares during the period. Norges Bank acquired a new stake in MSCI in the fourth quarter valued at approximately $609,937,000. FMR LLC grew its holdings in MSCI by 3.1% in the fourth quarter. FMR LLC now owns 853,452 shares of the technology company's stock valued at $512,079,000 after purchasing an additional 25,325 shares during the period. Finally, Northern Trust Corp grew its holdings in MSCI by 6.6% in the fourth quarter. Northern Trust Corp now owns 784,490 shares of the technology company's stock valued at $470,702,000 after purchasing an additional 48,524 shares during the period. 89.97% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at MSCI

In other news, COO Cd Baer Pettit sold 5,000 shares of MSCI stock in a transaction on Monday, May 5th. The stock was sold at an average price of $552.59, for a total value of $2,762,950.00. Following the completion of the sale, the chief operating officer directly owned 289,787 shares of the company's stock, valued at approximately $160,133,398.33. The trade was a 1.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 3.31% of the company's stock.

MSCI Stock Down 2.7%

NYSE:MSCI opened at $565.12 on Friday. MSCI Inc has a 52 week low of $486.74 and a 52 week high of $642.45. The company has a market capitalization of $43.72 billion, a P/E ratio of 38.84, a P/E/G ratio of 2.81 and a beta of 1.32. The stock's fifty day moving average is $564.68 and its two-hundred day moving average is $569.03.

MSCI (NYSE:MSCI - Get Free Report) last posted its earnings results on Tuesday, April 22nd. The technology company reported $4.00 EPS for the quarter, beating analysts' consensus estimates of $3.88 by $0.12. MSCI had a negative return on equity of 145.52% and a net margin of 39.08%. The company had revenue of $745.83 million for the quarter, compared to the consensus estimate of $746.45 million. Sell-side analysts anticipate that MSCI Inc will post 16.86 earnings per share for the current fiscal year.

MSCI Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 30th. Stockholders of record on Friday, May 16th were paid a $1.80 dividend. The ex-dividend date of this dividend was Friday, May 16th. This represents a $7.20 dividend on an annualized basis and a dividend yield of 1.27%. MSCI's payout ratio is presently 49.48%.

Analyst Ratings Changes

MSCI has been the topic of several research reports. JPMorgan Chase & Co. decreased 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. Royal Bank Of Canada restated an "outperform" rating and issued a $675.00 target price on shares of MSCI in a research report on Wednesday, April 16th. UBS Group raised their target price on MSCI from $655.00 to $700.00 and gave the company a "buy" rating in a research report on Tuesday, July 8th. Barclays decreased their target price on MSCI from $675.00 to $650.00 and set an "overweight" rating on the stock in a research report on Friday, April 4th. Finally, Oppenheimer reiterated a "market perform" rating on shares of MSCI in a research report on Wednesday, April 23rd. Three equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $651.55.

MSCI 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.

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