Flossbach Von Storch SE Has $121.92 Million Position in MSCI Inc (NYSE:MSCI)

Flossbach Von Storch SE lessened its stake in shares of MSCI Inc (NYSE:MSCI - Free Report) by 26.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 215,599 shares of the technology company's stock after selling 78,373 shares during the period. Flossbach Von Storch SE owned 0.28% of MSCI worth $121,921,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Proficio Capital Partners LLC bought a new stake in shares of MSCI in the fourth quarter valued at approximately $210,000. Dorsey & Whitney Trust CO LLC lifted its position in MSCI by 26.7% in the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 569 shares of the technology company's stock worth $341,000 after purchasing an additional 120 shares during the period. Simplicity Wealth LLC lifted its position in MSCI by 8.0% in the fourth quarter. Simplicity Wealth LLC now owns 515 shares of the technology company's stock worth $309,000 after purchasing an additional 38 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in MSCI by 92.8% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 58,296 shares of the technology company's stock worth $34,978,000 after purchasing an additional 28,063 shares during the period. Finally, Daiwa Securities Group Inc. lifted its position in MSCI by 23.7% in the fourth quarter. Daiwa Securities Group Inc. now owns 16,241 shares of the technology company's stock worth $9,745,000 after purchasing an additional 3,111 shares during the period. Institutional investors and hedge funds own 89.97% of the company's stock.

Insider Transactions at MSCI

In other news, COO Cd Baer Pettit sold 5,000 shares of MSCI stock in a transaction dated Monday, May 5th. The stock was sold at an average price of $552.59, for a total transaction of $2,762,950.00. Following the transaction, the chief operating officer owned 289,787 shares in the company, valued at $160,133,398.33. The trade was a 1.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 3.31% of the company's stock.

MSCI Stock Performance

Shares of NYSE:MSCI opened at $581.54 on Wednesday. MSCI Inc has a twelve month low of $486.74 and a twelve month high of $642.45. The firm has a market cap of $44.99 billion, a PE ratio of 39.97, a price-to-earnings-growth ratio of 2.93 and a beta of 1.32. The business has a fifty day moving average of $563.05 and a 200-day moving average of $569.67.

MSCI (NYSE:MSCI - Get Free Report) last announced its quarterly earnings data on Tuesday, April 22nd. The technology company reported $4.00 EPS for the quarter, topping analysts' consensus estimates of $3.88 by $0.12. The firm had revenue of $745.83 million during the quarter, compared to analyst estimates of $746.45 million. MSCI had a negative return on equity of 145.52% and a net margin of 39.08%. On average, analysts anticipate that MSCI Inc will post 16.86 EPS for the current fiscal year.

MSCI Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 30th. Shareholders of record on Friday, May 16th were issued a dividend of $1.80 per share. This represents a $7.20 dividend on an annualized basis and a yield of 1.24%. The ex-dividend date of this dividend was Friday, May 16th. MSCI's dividend payout ratio (DPR) is currently 49.48%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. Royal Bank Of Canada reissued an "outperform" rating and set a $675.00 price objective on shares of MSCI in a report on Wednesday, April 16th. Bank of America assumed coverage on MSCI in a report on Thursday, April 10th. They set a "neutral" rating and a $585.00 price objective for the company. Oppenheimer reissued a "market perform" rating on shares of MSCI in a report on Wednesday, April 23rd. Evercore ISI cut their price objective on MSCI from $673.00 to $631.00 and set an "outperform" rating for the company in a report on Wednesday, April 23rd. Finally, UBS Group lifted their price objective on MSCI from $655.00 to $700.00 and gave the company a "buy" rating in a report on Tuesday. Three analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $651.55.

MSCI Company 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.

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