Aurora Investment Managers LLC. Acquires New Shares in MSCI Inc $MSCI

Key Points

• Aurora Investment Managers acquired 3,393 MSCI shares worth approximately $1.9 million in the second quarter, making MSCI 1.2% of its portfolio. Institutional investors collectively own 89.97% of the company.
• MSCI reported quarterly revenue of $867 million, up 12.2% year over year, but earnings per share of $4.94 fell short of analysts’ $4.99 consensus estimate. The stock opened at $562.17, below its 50-day moving average.
• Analysts maintain a favorable outlook, with a consensus “Buy” rating and an average price target of $709.50. MSCI also declared a quarterly dividend of $2.05 per share, implying an annualized yield of 1.5%.

Aurora Investment Managers LLC. purchased a new position in MSCI Inc (NYSE:MSCI - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 3,393 shares of the technology company's stock, valued at approximately $1,900,000. MSCI comprises 1.2% of Aurora Investment Managers LLC.'s investment portfolio, making the stock its 26th biggest position.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Venturi Wealth Management LLC lifted its position in shares of MSCI by 4.7% during the 4th quarter. Venturi Wealth Management LLC now owns 375 shares of the technology company's stock worth $215,000 after buying an additional 17 shares during the last quarter. Robertson Stephens Wealth Management LLC boosted its stake in MSCI by 3.1% in the fourth quarter. Robertson Stephens Wealth Management LLC now owns 568 shares of the technology company's stock valued at $326,000 after acquiring an additional 17 shares in the last quarter. Allworth Financial LP lifted its holdings in shares of MSCI by 1.7% in the 4th quarter. Allworth Financial LP now owns 1,074 shares of the technology company's stock valued at $616,000 after purchasing an additional 18 shares during the last quarter. Huntington National Bank grew its stake in MSCI by 1.9% during the 4th quarter. Huntington National Bank now owns 1,074 shares of the technology company's stock worth $616,000 after buying an additional 20 shares during the last quarter. Finally, AdvisorShares Investments LLC increased its holdings in shares of MSCI by 2.5% in the 4th quarter. AdvisorShares Investments LLC now owns 830 shares of the technology company's stock valued at $476,000 after acquiring an additional 20 shares during the period. 89.97% of the stock is owned by institutional investors.

MSCI Trading Down 0.9%

MSCI opened at $562.17 on Friday. 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 $40.87 billion, a price-to-earnings ratio of 30.75, a PEG ratio of 2.16 and a beta of 1.23. The company has a fifty day simple moving average of $592.22 and a 200 day simple moving average of $575.78.

MSCI (NYSE:MSCI - Get Free Report) last announced 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). The business had revenue of $867.00 million during the quarter, compared to analyst estimates of $870.71 million. MSCI had a net margin of 40.74% and a negative return on equity of 55.19%. The business's revenue for the quarter was up 12.2% on a year-over-year basis. During the same period in the previous year, the company earned $4.17 earnings per share. On average, analysts forecast that MSCI Inc will post 19.61 earnings per share for the current fiscal year.

MSCI Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 14th will be given a $2.05 dividend. This represents a $8.20 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Friday, August 14th. MSCI's dividend payout ratio (DPR) is presently 44.86%.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Jefferies Financial Group started coverage on MSCI in a research note on Friday, July 17th. They set a "buy" rating and a $760.00 price target for the company. Royal Bank Of Canada reiterated an "outperform" rating and issued a $655.00 price objective on shares of MSCI in a research note on Wednesday, April 22nd. Raymond James Financial lifted their price objective on MSCI from $730.00 to $760.00 and gave the stock a "strong-buy" rating in a report on Wednesday, July 8th. Barclays increased their price target on shares of MSCI from $700.00 to $735.00 and gave the company an "overweight" rating in a research report on Friday, July 10th. Finally, Wells Fargo & Company decreased their price objective on MSCI from $700.00 to $690.00 and set an "overweight" rating on the stock in a research note on Wednesday, July 22nd. One analyst has rated the stock with a Strong Buy rating and eleven have given a Buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average target price of $709.50.

MSCI 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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