Generation Investment Management LLP Buys Shares of 538,342 MSCI Inc $MSCI

Key Points

• Generation Investment Management LLP acquired 538,342 MSCI shares worth approximately $301.5 million, making MSCI its 12th-largest holding and representing about 0.74% of the company.
• MSCI reported quarterly revenue growth of 12.2% year over year to $867 million, though earnings of $4.94 per share fell slightly short of analysts’ $4.99 estimate.
• Analysts maintain a positive outlook, with a consensus “Buy” rating and an average price target of $709.50 versus the stock’s reported $564.44 price; MSCI also announced a quarterly dividend of $2.05 per share.

Generation Investment Management LLP purchased a new position in shares of MSCI Inc (NYSE:MSCI - Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund purchased 538,342 shares of the technology company's stock, valued at approximately $301,493,000. MSCI accounts for approximately 2.9% of Generation Investment Management LLP's holdings, making the stock its 12th biggest position. Generation Investment Management LLP owned about 0.74% of MSCI at the end of the most recent quarter.

Several other large investors have also bought and sold shares of MSCI. Chancellor Financial Group WB LP acquired a new position in MSCI in the second quarter valued at approximately $262,000. Danske Bank A S acquired a new stake in MSCI during the 2nd quarter worth $21,932,000. Diversify Advisory Services LLC bought a new stake in shares of MSCI during the 2nd quarter valued at $1,136,000. Oxbow Advisors LLC acquired a new position in shares of MSCI in the 2nd quarter valued at $6,458,000. Finally, Wealthfront Advisers LLC acquired a new position in shares of MSCI in the 2nd quarter valued at $4,421,000. 89.97% of the stock is currently owned by institutional investors and hedge funds.

MSCI Trading Up 0.3%

MSCI stock opened at $564.44 on Thursday. MSCI Inc has a 1-year low of $501.08 and a 1-year high of $644.77. The firm has a market cap of $41.03 billion, a PE ratio of 30.88, a P/E/G ratio of 2.15 and a beta of 1.23. The business's 50-day moving average price is $583.54 and its two-hundred day moving average price is $573.90.

MSCI (NYSE:MSCI - Get Free Report) last announced its quarterly earnings results 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 during the quarter, compared to the consensus estimate of $870.71 million. MSCI had a negative return on equity of 55.19% and a net margin of 40.74%.The firm's revenue was up 12.2% compared to the same quarter last year. During the same quarter last year, the company earned $4.17 earnings per share. On average, analysts forecast that MSCI Inc will post 19.61 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 28th. Investors of record on Friday, August 14th will be paid a dividend of $2.05 per share. This represents a $8.20 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Friday, August 14th. MSCI's dividend payout ratio is presently 44.86%.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Raymond James Financial increased their target price on MSCI from $730.00 to $760.00 and gave the company a "strong-buy" rating in a research note on Wednesday, July 8th. Rothschild & Co Redburn set a $690.00 target price on MSCI in a research report on Thursday, June 18th. Morgan Stanley reaffirmed an "overweight" rating and issued a $700.00 price target on shares of MSCI in a research note on Tuesday, July 21st. Barclays increased their price target on shares of MSCI from $700.00 to $735.00 and gave the company an "overweight" rating in a research report on Friday, July 10th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of MSCI from $700.00 to $742.00 and gave the company an "overweight" rating in a report on Monday, July 20th. One investment analyst has rated the stock with a Strong Buy rating and eleven have assigned a Buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Buy" and an average 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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