MSCI Inc. (NYSE:MSCI) Shares Bought by Threadgill Financial LLC

Threadgill Financial LLC grew its position in MSCI Inc. (NYSE:MSCI - Free Report) by 480.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,451 shares of the technology company's stock after purchasing an additional 6,168 shares during the quarter. MSCI makes up about 2.3% of Threadgill Financial LLC's investment portfolio, making the stock its 14th largest holding. Threadgill Financial LLC's holdings in MSCI were worth $4,214,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of MSCI. Norges Bank bought a new stake in MSCI during the 4th quarter valued at approximately $609,937,000. Bessemer Group Inc. raised its position in shares of MSCI by 16,353.6% during the fourth quarter. Bessemer Group Inc. now owns 587,557 shares of the technology company's stock valued at $352,539,000 after buying an additional 583,986 shares during the last quarter. GAMMA Investing LLC lifted its holdings in shares of MSCI by 61,179.6% in the first quarter. GAMMA Investing LLC now owns 505,557 shares of the technology company's stock worth $285,892,000 after buying an additional 504,732 shares in the last quarter. Mackenzie Financial Corp boosted its position in shares of MSCI by 3,881.3% during the fourth quarter. Mackenzie Financial Corp now owns 419,429 shares of the technology company's stock worth $251,662,000 after acquiring an additional 408,894 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its stake in MSCI by 169.4% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 507,413 shares of the technology company's stock valued at $304,453,000 after acquiring an additional 319,083 shares in the last quarter. 89.97% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, COO Cd Baer Pettit sold 5,000 shares of MSCI stock in a transaction on Monday, May 5th. The shares were sold at an average price of $552.59, for a total value of $2,762,950.00. Following the sale, the chief operating officer now owns 289,787 shares of the company's stock, valued at approximately $160,133,398.33. This trade represents a 1.70% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.31% of the stock is currently owned by insiders.

MSCI Stock Performance

NYSE:MSCI traded up $0.79 during mid-day trading on Wednesday, hitting $567.20. 264,632 shares of the company's stock traded hands, compared to its average volume of 509,544. MSCI Inc. has a twelve month low of $475.32 and a twelve month high of $642.45. The company has a market capitalization of $43.88 billion, a P/E ratio of 40.34, a P/E/G ratio of 2.61 and a beta of 1.33. The company has a fifty day moving average of $550.56 and a 200 day moving average of $577.07.

MSCI (NYSE:MSCI - Get Free Report) last posted its quarterly earnings results on Tuesday, April 22nd. The technology company reported $4.00 earnings per share for the quarter, beating the consensus estimate of $3.88 by $0.12. The business had revenue of $745.83 million for the quarter, compared to the consensus estimate of $746.45 million. MSCI had a negative return on equity of 156.08% and a net margin of 38.83%. On average, research analysts expect that MSCI Inc. will post 16.86 earnings per share for the current fiscal year.

MSCI Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 30th. Stockholders of record on Friday, May 16th were given a dividend of $1.80 per share. This represents a $7.20 dividend on an annualized basis and a dividend yield of 1.27%. The ex-dividend date of this dividend was Friday, May 16th. MSCI's dividend payout ratio (DPR) is presently 49.48%.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on MSCI. Evercore ISI cut their price objective on MSCI from $673.00 to $631.00 and set an "outperform" rating for the company in a research report on Wednesday, April 23rd. Wells Fargo & Company cut their target price on shares of MSCI from $532.00 to $530.00 and set an "equal weight" rating for the company in a report on Wednesday, April 16th. Oppenheimer reaffirmed a "market perform" rating on shares of MSCI in a research note on Wednesday, April 23rd. JPMorgan Chase & Co. dropped their price objective on shares of MSCI from $680.00 to $650.00 and set an "overweight" rating for the company in a research note on Wednesday, April 16th. Finally, Bank of America initiated coverage on shares of MSCI in a report on Thursday, April 10th. They issued a "neutral" rating and a $585.00 price target for the company. Three equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $645.36.

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.