B. Metzler seel. Sohn & Co. AG Takes Position in MSCI Inc $MSCI

Key Points

• B. Metzler seel. Sohn & Co. AG acquired 10,912 MSCI shares worth approximately $6.1 million during the second quarter. Institutional investors and hedge funds now own about 89.97% of the company.
• MSCI reported quarterly EPS of $4.94, slightly below the $4.99 analyst consensus, while revenue rose 12.2% year over year to $867 million.
• The company declared a quarterly dividend of $2.05 per share, equivalent to an annualized $8.20 payout and a 1.5% yield. Analysts maintain a consensus “Buy” rating with an average price target of $709.50, versus a recent share price of $564.08.

B. Metzler seel. Sohn & Co. AG acquired a new position in shares of MSCI Inc (NYSE:MSCI - Free Report) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 10,912 shares of the technology company's stock, valued at approximately $6,111,000.

A number of other institutional investors also recently modified their holdings of MSCI. BlackRock Inc. bought a new position in shares of MSCI in the second quarter worth about $3,062,626,000. Norges Bank acquired a new stake in shares of MSCI in the fourth quarter valued at about $528,560,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in MSCI during the 2nd quarter valued at approximately $480,613,000. Generation Investment Management LLP acquired a new position in MSCI in the second quarter valued at $301,493,000. Finally, Bank of New York Mellon Corp bought a new stake in shares of MSCI during the 2nd quarter valued at about $234,905,000. Institutional investors and hedge funds own 89.97% of the company's stock.

MSCI Price Performance

Shares of MSCI stock opened at $564.08 on Friday. The business has a 50-day moving average of $582.30 and a 200 day moving average of $573.55. MSCI Inc has a 1-year low of $501.08 and a 1-year high of $644.77. The stock has a market capitalization of $41.01 billion, a PE ratio of 30.86, a P/E/G ratio of 2.17 and a beta of 1.23.

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

MSCI Announces Dividend

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

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. Bank of America upped their price objective on shares of MSCI from $715.00 to $730.00 and gave the company a "buy" rating in a report on Friday, July 10th. Weiss Ratings lowered shares of MSCI from a "buy (b)" rating to a "buy (b-)" rating in a research report on Thursday, July 30th. Wells Fargo & Company reduced their price objective on MSCI from $700.00 to $690.00 and set an "overweight" rating for the company in a research note on Wednesday, July 22nd. JPMorgan Chase & Co. upped their price objective on MSCI from $700.00 to $742.00 and gave the company an "overweight" rating in a research note on Monday, July 20th. Finally, Rothschild & Co Redburn set a $690.00 price target on shares of MSCI in a research report on Thursday, June 18th. One analyst has rated the stock with a Strong Buy rating and eleven have issued a Buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Buy" and a consensus 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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