758 Shares in MSCI Inc (NYSE:MSCI) Purchased by Earned Wealth Advisors LLC

Key Points

• Earned Wealth Advisors LLC has invested approximately $429,000 in MSCI Inc, acquiring 758 shares during the first quarter.
• MSCI recently reported earnings of $4.17 EPS, surpassing expectations, with revenue up 9.1% year-over-year.
• The company announced a quarterly dividend of $1.80 per share, reflecting a 1.3% dividend yield, with the payout scheduled for August 29th.

Earned Wealth Advisors LLC bought a new position in shares of MSCI Inc (NYSE:MSCI - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 758 shares of the technology company's stock, valued at approximately $429,000.

Other hedge funds have also modified their holdings of the company. Principal Financial Group Inc. raised its holdings in shares of MSCI by 0.9% during 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 acquiring an additional 13,918 shares during the last quarter. FMR LLC raised its holdings in shares of MSCI by 3.1% during the fourth quarter. FMR LLC now owns 853,452 shares of the technology company's stock valued at $512,079,000 after acquiring an additional 25,325 shares during the last quarter. Northern Trust Corp raised its holdings in shares of MSCI by 6.6% during the fourth quarter. Northern Trust Corp now owns 784,490 shares of the technology company's stock valued at $470,702,000 after acquiring an additional 48,524 shares during the last quarter. Bessemer Group Inc. lifted its stake in MSCI by 0.6% in the 1st quarter. Bessemer Group Inc. now owns 590,892 shares of the technology company's stock worth $334,149,000 after purchasing an additional 3,335 shares in the last quarter. Finally, GAMMA Investing LLC lifted its stake in MSCI by 61,179.6% in the 1st quarter. GAMMA Investing LLC now owns 505,557 shares of the technology company's stock worth $285,892,000 after purchasing an additional 504,732 shares in the last quarter. 89.97% of the stock is owned by hedge funds and other institutional investors.

MSCI Stock Performance

Shares of MSCI stock traded down $10.31 during trading hours on Wednesday, reaching $547.42. 1,064,861 shares of the company were exchanged, compared to its average volume of 998,048. MSCI Inc has a 1 year low of $486.73 and a 1 year high of $642.45. The stock's fifty day moving average is $563.73 and its 200 day moving average is $564.41. The firm has a market cap of $42.35 billion, a PE ratio of 36.25, a PEG ratio of 2.33 and a beta of 1.29.

MSCI (NYSE:MSCI - Get Free Report) last posted its earnings results on Tuesday, July 22nd. The technology company reported $4.17 EPS for the quarter, beating the consensus estimate of $4.12 by $0.05. The firm had revenue of $772.68 million for the quarter, compared to analyst estimates of $763.06 million. MSCI had a negative return on equity of 143.13% and a net margin of 39.46%. MSCI's revenue for the quarter was up 9.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $3.64 earnings per share. Research analysts expect that MSCI Inc will post 16.86 earnings per share for the current year.

MSCI Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 29th. Investors of record on Friday, August 15th will be issued a $1.80 dividend. This represents a $7.20 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Friday, August 15th. MSCI's dividend payout ratio is 47.68%.

Insider Buying and Selling

In related news, CEO Henry A. Fernandez acquired 9,916 shares of the firm's stock in a transaction on Thursday, July 24th. The stock was bought at an average price of $544.70 per share, for a total transaction of $5,401,245.20. Following the completion of the purchase, the chief executive officer directly 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 position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders acquired a total of 12,400 shares of company stock valued at $6,731,599 over the last 90 days. Corporate insiders own 3.31% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on MSCI. Wells Fargo & Company decreased their target price on shares of MSCI from $578.00 to $533.00 and set an "equal weight" rating on the stock in a research note on Wednesday, July 23rd. Royal Bank Of Canada reissued an "outperform" rating and issued a $675.00 target price on shares of MSCI in a research note on Wednesday, April 16th. Bank of America started coverage on shares of MSCI in a research note on Thursday, April 10th. They issued a "neutral" rating and a $585.00 target price on the stock. Raymond James Financial raised shares of MSCI from a "market perform" rating to an "outperform" rating and set a $650.00 price target on the stock in a research report on Friday, July 25th. Finally, Oppenheimer reaffirmed 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 issued a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $654.73.

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.