Cwm LLC Has $6.23 Million Holdings in MSCI Inc $MSCI

Cwm LLC decreased its position in shares of MSCI Inc (NYSE:MSCI - Free Report) by 25.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,809 shares of the technology company's stock after selling 3,698 shares during the period. Cwm LLC's holdings in MSCI were worth $6,234,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Olde Wealth Management LLC acquired a new stake in shares of MSCI during the 1st quarter worth approximately $27,000. Meeder Asset Management Inc. boosted its position in shares of MSCI by 136.4% during the 1st quarter. Meeder Asset Management Inc. now owns 52 shares of the technology company's stock worth $29,000 after acquiring an additional 30 shares in the last quarter. Steph & Co. acquired a new stake in shares of MSCI during the 2nd quarter worth approximately $35,000. Migdal Insurance & Financial Holdings Ltd. boosted its position in shares of MSCI by 50.0% during the 1st quarter. Migdal Insurance & Financial Holdings Ltd. now owns 66 shares of the technology company's stock worth $37,000 after acquiring an additional 22 shares in the last quarter. Finally, Banque Transatlantique SA boosted its position in shares of MSCI by 355.6% during the 1st quarter. Banque Transatlantique SA now owns 82 shares of the technology company's stock worth $43,000 after acquiring an additional 64 shares in the last quarter. Institutional investors and hedge funds own 89.97% of the company's stock.

Insider Activity

In other MSCI news, CEO Henry A. Fernandez purchased 9,916 shares of the company's stock in a transaction dated Thursday, July 24th. The stock was purchased at an average price of $544.70 per share, with a total value of $5,401,245.20. Following the completion of the purchase, the chief executive officer owned 1,279,867 shares of the company's stock, valued at approximately $697,143,554.90. The trade was a 0.78% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Insiders have acquired a total of 12,400 shares of company stock worth $6,731,599 over the last ninety days. 3.31% of the stock is currently owned by company insiders.

MSCI Stock Performance

MSCI stock opened at $548.82 on Thursday. The company has a fifty day moving average price of $563.49 and a 200-day moving average price of $559.00. The company has a market capitalization of $42.46 billion, a P/E ratio of 36.35, a PEG ratio of 2.70 and a beta of 1.33. MSCI Inc has a 52-week low of $486.73 and a 52-week high of $642.45.

MSCI (NYSE:MSCI - Get Free Report) last released its quarterly earnings results on Tuesday, July 22nd. The technology company reported $4.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.12 by $0.05. The firm had revenue of $772.68 million during the quarter, compared to the consensus estimate of $763.06 million. MSCI had a net margin of 39.46% and a negative return on equity of 143.13%. The company's revenue for the quarter was up 9.1% on a year-over-year basis. During the same quarter last year, the firm earned $3.64 earnings per share. As a group, sell-side analysts forecast that MSCI Inc will post 16.86 earnings per share for the current fiscal year.

MSCI Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, August 29th. Stockholders of record on Friday, August 15th were paid a dividend of $1.80 per share. The ex-dividend date of this dividend was Friday, August 15th. This represents a $7.20 annualized dividend and a dividend yield of 1.3%. MSCI's dividend payout ratio (DPR) is presently 47.68%.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. Weiss Ratings reissued a "buy (b-)" rating on shares of MSCI in a research note on Wednesday, October 8th. JPMorgan Chase & Co. increased their price objective on shares of MSCI from $625.00 to $655.00 and gave the company an "overweight" rating in a research note on Wednesday, September 10th. UBS Group increased their price objective on shares of MSCI from $655.00 to $700.00 and gave the company a "buy" rating in a research note on Tuesday, July 8th. Raymond James Financial raised shares of MSCI from a "market perform" rating to an "outperform" rating and set a $650.00 price objective for the company in a research note on Friday, July 25th. Finally, Evercore ISI increased their price objective on shares of MSCI from $588.00 to $611.00 and gave the company an "outperform" rating in a research note on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $647.70.

About MSCI

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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