MSCI Inc $MSCI Shares Sold by Generali Asset Management SPA SGR

Key Points

• Generali Asset Management SPA SGR reduced its stake in MSCI Inc by 32.9%, bringing its total shares to 2,077, worth approximately $1.2 million.
• Analyst ratings for MSCI show a consensus of a "Moderate Buy" with an average target price of $647.70, reflecting a generally positive outlook from multiple research firms.
• MSCI recently reported $4.17 EPS for the quarter, exceeding analysts' estimates, alongside a net margin of 39.46% and a revenue increase of 9.1% year-over-year.

Generali Asset Management SPA SGR reduced its stake in shares of MSCI Inc (NYSE:MSCI - Free Report) by 32.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,077 shares of the technology company's stock after selling 1,017 shares during the period. Generali Asset Management SPA SGR's holdings in MSCI were worth $1,198,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Olde Wealth Management LLC acquired a new stake in shares of MSCI during the first quarter worth $27,000. Meeder Asset Management Inc. lifted its stake in shares of MSCI by 136.4% during the first quarter. Meeder Asset Management Inc. now owns 52 shares of the technology company's stock worth $29,000 after buying an additional 30 shares during the period. Steph & Co. acquired a new position in MSCI during the second quarter valued at $35,000. Migdal Insurance & Financial Holdings Ltd. lifted its position in MSCI by 50.0% during the first quarter. Migdal Insurance & Financial Holdings Ltd. now owns 66 shares of the technology company's stock valued at $37,000 after purchasing an additional 22 shares during the period. Finally, Banque Transatlantique SA lifted its position in MSCI by 355.6% during the first quarter. Banque Transatlantique SA now owns 82 shares of the technology company's stock valued at $43,000 after purchasing an additional 64 shares during the period. 89.97% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

MSCI has been the subject of a number of research reports. Seaport Res Ptn upgraded shares of MSCI to a "strong-buy" rating in a research report on Wednesday, October 1st. Weiss Ratings restated a "buy (b-)" rating on shares of MSCI in a research report on Wednesday, October 8th. Evercore ISI boosted their target price on shares of MSCI from $588.00 to $611.00 and gave the company an "outperform" rating in a research report on Tuesday. UBS Group boosted their target price on shares of MSCI from $655.00 to $700.00 and gave the company a "buy" rating in a research report on Tuesday, July 8th. Finally, Wells Fargo & Company decreased their target price on shares of MSCI from $578.00 to $533.00 and set an "equal weight" rating for the company in a research report on Wednesday, July 23rd. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $647.70.

MSCI Stock Performance

MSCI opened at $534.91 on Friday. MSCI Inc has a fifty-two week low of $486.73 and a fifty-two week high of $642.45. The company has a fifty day moving average of $563.02 and a two-hundred day moving average of $558.56. The stock has a market capitalization of $41.38 billion, a price-to-earnings ratio of 35.42, a PEG ratio of 2.60 and a beta of 1.33.

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

MSCI Dividend Announcement

The business also recently announced 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 dividend on an annualized basis and a dividend yield of 1.3%. MSCI's payout ratio is currently 47.68%.

Insider Activity at MSCI

In related news, CEO Henry A. Fernandez bought 84 shares of the business's stock in a transaction dated Friday, July 25th. The stock was acquired at an average price of $548.69 per share, with a total value of $46,089.96. Following the completion of the purchase, the chief executive officer directly owned 1,279,951 shares of the company's stock, valued at approximately $702,296,314.19. This trade represents a 0.01% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders have bought a total of 12,400 shares of company stock worth $6,731,599 over the last three months. 3.31% of the stock is owned by insiders.

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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