Quantbot Technologies LP Buys 7,533 Shares of MSCI Inc $MSCI

Key Points

• Quantbot Technologies LP significantly increased its stake in MSCI Inc by 239.8% during the first quarter, now owning 10,674 shares valued at approximately $6,036,000.
• MSCI recently reported earnings of $4.17 per share, exceeding estimates and marking a 9.1% increase in revenue compared to the same quarter last year.
• The company declared a quarterly dividend of $1.80, yielding 1.3%, with the payment scheduled for August 29th to shareholders of record on August 15th.

Quantbot Technologies LP raised its holdings in shares of MSCI Inc (NYSE:MSCI - Free Report) by 239.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,674 shares of the technology company's stock after purchasing an additional 7,533 shares during the quarter. Quantbot Technologies LP's holdings in MSCI were worth $6,036,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Guggenheim Capital LLC raised its holdings in MSCI by 9.5% during the 4th quarter. Guggenheim Capital LLC now owns 1,861 shares of the technology company's stock valued at $1,117,000 after acquiring an additional 161 shares during the period. Forum Financial Management LP boosted its holdings in shares of MSCI by 6.1% in the fourth quarter. Forum Financial Management LP now owns 553 shares of the technology company's stock worth $332,000 after acquiring an additional 32 shares during the period. First Trust Advisors LP grew its position in shares of MSCI by 5,053.6% in the fourth quarter. First Trust Advisors LP now owns 30,406 shares of the technology company's stock valued at $18,244,000 after purchasing an additional 29,816 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of MSCI by 2.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 267,049 shares of the technology company's stock valued at $160,234,000 after purchasing an additional 5,602 shares during the period. Finally, BI Asset Management Fondsmaeglerselskab A S bought a new stake in shares of MSCI during the fourth quarter valued at about $1,932,000. Institutional investors own 89.97% of the company's stock.

MSCI Trading Up 1.1%

Shares of NYSE:MSCI traded up $6.3540 during trading on Friday, reaching $573.6240. 380,090 shares of the company traded hands, compared to its average volume of 803,549. The firm has a market capitalization of $44.38 billion, a price-to-earnings ratio of 37.99, a P/E/G ratio of 2.77 and a beta of 1.29. MSCI Inc has a 52-week low of $486.73 and a 52-week high of $642.45. The business's fifty day moving average is $563.35 and its 200-day moving average is $560.45.

MSCI (NYSE:MSCI - Get Free Report) last posted its quarterly earnings results on Tuesday, July 22nd. The technology company reported $4.17 EPS for the quarter, beating analysts' consensus estimates of $4.12 by $0.05. The company had revenue of $772.68 million during the quarter, compared to analyst estimates of $763.06 million. MSCI had a net margin of 39.46% and a negative return on equity of 143.13%. The firm's revenue was up 9.1% compared to the same quarter last year. During the same period in the prior year, the business posted $3.64 EPS. On average, sell-side analysts predict that MSCI Inc will post 16.86 earnings per share for the current fiscal year.

MSCI Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 29th. Stockholders of record on Friday, August 15th will be issued a dividend of $1.80 per share. This represents a $7.20 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Friday, August 15th. MSCI's dividend payout ratio is currently 47.68%.

Insider Activity

In other MSCI news, CEO Henry A. Fernandez purchased 84 shares of MSCI stock in a transaction that occurred on Friday, July 25th. The shares were bought at an average price of $548.69 per share, for a total transaction of $46,089.96. Following the acquisition, the chief executive officer directly owned 1,279,951 shares in the company, valued at approximately $702,296,314.19. This trade represents a 0.01% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders bought 12,400 shares of company stock valued at $6,731,599 over the last quarter. 3.31% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on MSCI shares. JPMorgan Chase & Co. lifted their price objective on MSCI from $650.00 to $680.00 and gave the company an "overweight" rating in a research note on Monday, July 21st. Raymond James Financial raised MSCI from a "market perform" rating to an "outperform" rating and set a $650.00 target price on the stock in a research note on Friday, July 25th. UBS Group lifted their price target on MSCI from $655.00 to $700.00 and gave the stock a "buy" rating in a research note on Tuesday, July 8th. Finally, Wells Fargo & Company reduced their price objective on MSCI from $578.00 to $533.00 and set an "equal weight" rating on the stock in a research report on Wednesday, July 23rd. Ten investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $654.73.

About MSCI

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.