MSCI Inc (NYSE:MSCI) Shares Purchased by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. boosted its position in MSCI Inc (NYSE:MSCI - Free Report) by 4.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 56,967 shares of the technology company's stock after acquiring an additional 2,498 shares during the quarter. Robeco Institutional Asset Management B.V. owned 0.07% of MSCI worth $32,215,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Geode Capital Management LLC boosted its holdings in MSCI by 1.9% in the fourth quarter. Geode Capital Management LLC now owns 1,897,456 shares of the technology company's stock valued at $1,136,563,000 after acquiring an additional 35,094 shares during the last quarter. Norges Bank acquired a new position in shares of MSCI during the fourth quarter worth about $609,937,000. FMR LLC lifted its stake in shares of MSCI by 3.1% during the fourth quarter. FMR LLC now owns 853,452 shares of the technology company's stock worth $512,079,000 after purchasing an additional 25,325 shares in the last quarter. Northern Trust Corp lifted its stake 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 worth $470,702,000 after purchasing an additional 48,524 shares in the last quarter. Finally, Bessemer Group Inc. lifted its stake in shares of MSCI by 0.6% during the first 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. Institutional investors and hedge funds own 89.97% of the company's stock.

MSCI Stock Performance

NYSE:MSCI opened at $576.90 on Friday. MSCI Inc has a one year low of $478.33 and a one year high of $642.45. The business's 50-day simple moving average is $556.32 and its 200 day simple moving average is $571.53. The stock has a market cap of $44.63 billion, a price-to-earnings ratio of 39.65, a price-to-earnings-growth ratio of 2.82 and a beta of 1.33.

MSCI (NYSE:MSCI - Get Free Report) last announced its quarterly earnings data 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 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, equities research analysts predict that MSCI Inc will post 16.86 EPS for the current year.

MSCI Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 30th. Investors of record on Friday, May 16th were issued a $1.80 dividend. This represents a $7.20 annualized dividend and a yield of 1.25%. The ex-dividend date was Friday, May 16th. MSCI's dividend payout ratio is currently 49.48%.

Insider Activity at MSCI

In related news, COO Cd Baer Pettit sold 5,000 shares of the business's stock in a transaction dated Monday, May 5th. The stock was sold at an average price of $552.59, for a total value of $2,762,950.00. Following the completion of the sale, the chief operating officer now directly owns 289,787 shares of the company's stock, valued at $160,133,398.33. The trade was a 1.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 3.31% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. Bank of America assumed coverage on MSCI in a research note on Thursday, April 10th. They set a "neutral" rating and a $585.00 price objective on the stock. JPMorgan Chase & Co. reduced their price objective on MSCI from $680.00 to $650.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 16th. Evercore ISI reduced their price objective on MSCI from $673.00 to $631.00 and set an "outperform" rating on the stock in a research note on Wednesday, April 23rd. Wells Fargo & Company reduced their price objective on MSCI from $532.00 to $530.00 and set an "equal weight" rating on the stock in a research note on Wednesday, April 16th. Finally, Oppenheimer restated a "market perform" rating on shares of MSCI in a research note on Wednesday, April 23rd. Three analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat, MSCI currently has a consensus 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.

Want to see what other hedge funds are holding MSCI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for MSCI Inc (NYSE:MSCI - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.