Osmosis Investment Management UK Ltd Buys New Stake in MSCI Inc $MSCI

Key Points

• Osmosis Investment Management UK acquired 1,952 MSCI shares worth approximately $1.09 million during the second quarter. Institutional investors and hedge funds own 89.97% of MSCI’s outstanding stock.
• MSCI reported quarterly revenue of $867 million, up 12.2% year over year, but earnings per share of $4.94 came in slightly below the $4.99 analyst consensus.
• Analysts maintain a positive outlook, with a consensus “Buy” rating and a $709.50 price target. MSCI also declared a quarterly dividend of $2.05 per share, representing a 1.4% annualized yield.

Osmosis Investment Management UK Ltd bought a new stake in MSCI Inc (NYSE:MSCI - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 1,952 shares of the technology company's stock, valued at approximately $1,093,000.

A number of other large investors also recently added to or reduced their stakes in MSCI. Harvest Fund Management Co. Ltd acquired a new position in MSCI during the 4th quarter worth about $30,000. Elyxium Wealth LLC acquired a new position in MSCI in the 4th quarter valued at about $34,000. Compound Global Advisors LLC acquired a new position in MSCI in the 2nd quarter valued at about $34,000. SHP Wealth Management purchased a new stake in MSCI during the fourth quarter worth about $36,000. Finally, Strategic Wealth Investment Group LLC purchased a new stake in MSCI during the second quarter worth about $36,000. 89.97% of the stock is currently owned by institutional investors and hedge funds.

MSCI Trading Up 1.3%

Shares of MSCI opened at $570.96 on Tuesday. The firm has a market capitalization of $41.51 billion, a price-to-earnings ratio of 31.23, a PEG ratio of 2.15 and a beta of 1.23. The firm's fifty day simple moving average is $581.51 and its 200-day simple moving average is $573.12. MSCI Inc has a twelve month low of $501.08 and a twelve month high of $644.77.

MSCI (NYSE:MSCI - Get Free Report) last posted its quarterly earnings results on Tuesday, July 21st. The technology company reported $4.94 earnings per share for the quarter, missing analysts' consensus estimates of $4.99 by ($0.05). The business had revenue of $867.00 million during the quarter, compared to analyst estimates of $870.71 million. MSCI had a net margin of 40.74% and a negative return on equity of 55.19%. The firm's quarterly revenue was up 12.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $4.17 earnings per share. On average, analysts predict that MSCI Inc will post 19.61 earnings per share for the current fiscal year.

MSCI Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 14th will be issued a $2.05 dividend. This represents a $8.20 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Friday, August 14th. MSCI's dividend payout ratio is 44.86%.

Analyst Ratings Changes

A number of research analysts recently weighed in on MSCI shares. Barclays lifted their price objective on shares of MSCI from $700.00 to $735.00 and gave the company an "overweight" rating in a report on Friday, July 10th. Raymond James Financial increased their target price on shares of MSCI from $730.00 to $760.00 and gave the stock a "strong-buy" rating in a report on Wednesday, July 8th. Bank of America raised their price target on shares of MSCI from $715.00 to $730.00 and gave the company a "buy" rating in a research report on Friday, July 10th. Evercore set a $722.00 price target on shares of MSCI in a research note on Wednesday, July 22nd. Finally, Wells Fargo & Company cut their price objective on MSCI from $700.00 to $690.00 and set an "overweight" rating on the stock in a research report on Wednesday, July 22nd. One research analyst has rated the stock with a Strong Buy rating and eleven have issued a Buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Buy" and a consensus price target of $709.50.

MSCI Company 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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