OneDigital Investment Advisors LLC Sells 1,153 Shares of MSCI Inc (NYSE:MSCI)

OneDigital Investment Advisors LLC lowered its holdings in shares of MSCI Inc (NYSE:MSCI - Free Report) by 52.5% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,044 shares of the technology company's stock after selling 1,153 shares during the quarter. OneDigital Investment Advisors LLC's holdings in MSCI were worth $590,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Menard Financial Group LLC purchased a new stake in MSCI in the 4th quarter worth approximately $26,000. Johnson Financial Group Inc. increased its holdings in MSCI by 293.8% in the 4th quarter. Johnson Financial Group Inc. now owns 63 shares of the technology company's stock worth $38,000 after acquiring an additional 47 shares in the last quarter. Colonial Trust Co SC increased its holdings in MSCI by 122.6% in the 4th quarter. Colonial Trust Co SC now owns 69 shares of the technology company's stock worth $42,000 after acquiring an additional 38 shares in the last quarter. HWG Holdings LP purchased a new stake in MSCI in the 1st quarter worth approximately $44,000. Finally, Versant Capital Management Inc increased its holdings in MSCI by 147.2% in the 1st quarter. Versant Capital Management Inc now owns 89 shares of the technology company's stock worth $50,000 after acquiring an additional 53 shares in the last quarter. Hedge funds and other institutional investors own 89.97% of the company's stock.

Analyst Ratings Changes

Several research analysts have weighed in on MSCI shares. Barclays dropped their price target on MSCI from $675.00 to $650.00 and set an "overweight" rating for the company in a research note on Friday, April 4th. Wells Fargo & Company upped their price target on MSCI from $530.00 to $578.00 and gave the stock an "equal weight" rating in a research note on Tuesday, July 8th. Bank of America started coverage on MSCI in a research note on Thursday, April 10th. They issued a "neutral" rating and a $585.00 price target for the company. Royal Bank Of Canada restated an "outperform" rating and issued a $675.00 price target on shares of MSCI in a research note on Wednesday, April 16th. Finally, JPMorgan Chase & Co. dropped their price target on MSCI from $680.00 to $650.00 and set an "overweight" rating for the company in a research note on Wednesday, April 16th. Three research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat, MSCI has a consensus rating of "Moderate Buy" and an average price target of $651.55.

Insider Transactions at MSCI

In related news, COO Cd Baer Pettit sold 5,000 shares of the firm's stock in a transaction on 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 directly owned 289,787 shares in the company, valued at $160,133,398.33. This trade represents 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 hyperlink. 3.31% of the stock is currently owned by corporate insiders.

MSCI Price Performance

Shares of NYSE MSCI traded down $15.54 during midday trading on Friday, reaching $565.12. 635,341 shares of the stock traded hands, compared to its average volume of 508,166. The stock has a market capitalization of $43.72 billion, a PE ratio of 38.84, a P/E/G ratio of 2.81 and a beta of 1.32. MSCI Inc has a one year low of $486.74 and a one year high of $642.45. The company's 50 day moving average is $564.68 and its 200 day moving average is $569.03.

MSCI (NYSE:MSCI - Get Free Report) last posted its earnings results on Tuesday, April 22nd. The technology company reported $4.00 EPS for the quarter, beating analysts' consensus estimates of $3.88 by $0.12. The firm had revenue of $745.83 million during the quarter, compared to the consensus estimate of $746.45 million. MSCI had a negative return on equity of 145.52% and a net margin of 39.08%. As a group, equities analysts forecast that MSCI Inc will post 16.86 EPS for the current year.

MSCI Announces Dividend

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

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.