B & T Capital Management DBA Alpha Capital Management Purchases New Position in MSCI Inc $MSCI

Key Points

• Alpha Capital Management purchased 8,560 MSCI shares in the second quarter, valued at approximately $4.8 million. Institutional investors collectively own nearly 90% of the company.
• MSCI’s latest quarterly results slightly missed analyst expectations, with EPS of $4.94 versus $4.99 expected and revenue of $867 million versus $870.71 million expected. Revenue still increased 12.2% year over year.
• 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.

B & T Capital Management DBA Alpha Capital Management purchased a new stake in shares of MSCI Inc (NYSE:MSCI - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 8,560 shares of the technology company's stock, valued at approximately $4,794,000.

Other large investors have also added to or reduced their stakes in the company. Mowery & Schoenfeld Wealth Management LLC raised its position in MSCI by 341.7% during the fourth quarter. Mowery & Schoenfeld Wealth Management LLC now owns 53 shares of the technology company's stock valued at $30,000 after purchasing an additional 41 shares during the period. Harvest Fund Management Co. Ltd bought a new stake in MSCI in the fourth quarter worth $30,000. Elyxium Wealth LLC purchased a new position in MSCI during the fourth quarter worth $34,000. Compound Global Advisors LLC purchased a new position in MSCI during the second quarter worth $34,000. Finally, SHP Wealth Management bought a new position in MSCI during the fourth quarter valued at $36,000. Institutional investors own 89.97% of the company's stock.

MSCI Stock Performance

NYSE MSCI opened at $551.17 on Tuesday. The firm's 50 day moving average price is $585.31 and its 200-day moving average price is $574.57. MSCI Inc has a 52-week low of $501.08 and a 52-week high of $644.77. The company has a market cap of $40.07 billion, a PE ratio of 30.15, a P/E/G ratio of 2.17 and a beta of 1.23.

MSCI (NYSE:MSCI - Get Free Report) last issued its quarterly earnings data on Tuesday, July 21st. The technology company reported $4.94 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.99 by ($0.05). The business had revenue of $867.00 million for the quarter, compared to analysts' expectations of $870.71 million. MSCI had a net margin of 40.74% and a negative return on equity of 55.19%. The business's quarterly revenue was up 12.2% compared to the same quarter last year. During the same period in the previous year, the business 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 company also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 14th will be issued 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 currently 44.86%.

Analyst Upgrades and Downgrades

MSCI has been the topic of several recent analyst reports. Morgan Stanley reissued an "overweight" rating and issued a $700.00 target price on shares of MSCI in a research note on Tuesday, July 21st. Jefferies Financial Group initiated coverage on shares of MSCI in a report on Friday, July 17th. They set a "buy" rating and a $760.00 price target on the stock. JPMorgan Chase & Co. increased their price objective on shares of MSCI from $700.00 to $742.00 and gave the stock an "overweight" rating in a research report on Monday, July 20th. Barclays raised their price objective on shares of MSCI from $700.00 to $735.00 and gave the stock an "overweight" rating in a research note on Friday, July 10th. Finally, Weiss Ratings lowered MSCI from a "buy (b)" rating to a "buy (b-)" rating in a research report on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating and eleven have assigned a Buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus 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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