Robeco Institutional Asset Management B.V. Has $103.25 Million Holdings in MSCI Inc $MSCI

Key Points

• Robeco Institutional Asset Management B.V. increased its stake in MSCI Inc by 214.3%, bringing its holdings to approximately $103.25 million at the end of the second quarter.
• Recent analyst reports indicate a mixed outlook for MSCI, with price targets ranging from $533 to $700 and analysts maintaining a consensus rating of "Moderate Buy."
• The company recently declared a quarterly dividend of $1.80 per share, with a dividend yield of 1.3% and a payout ratio of 47.68%.

Robeco Institutional Asset Management B.V. lifted its stake in shares of MSCI Inc (NYSE:MSCI - Free Report) by 214.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 179,022 shares of the technology company's stock after purchasing an additional 122,055 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.23% of MSCI worth $103,249,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Ritholtz Wealth Management increased its stake in shares of MSCI by 23.2% in the 1st quarter. Ritholtz Wealth Management now owns 812 shares of the technology company's stock valued at $459,000 after buying an additional 153 shares during the period. Golden State Wealth Management LLC increased its position in MSCI by 336.4% in the first quarter. Golden State Wealth Management LLC now owns 96 shares of the technology company's stock worth $54,000 after purchasing an additional 74 shares during the period. Crestwood Advisors Group LLC raised its holdings in MSCI by 6.5% during the 1st quarter. Crestwood Advisors Group LLC now owns 524 shares of the technology company's stock worth $296,000 after purchasing an additional 32 shares during the last quarter. Ascent Group LLC bought a new stake in MSCI during the 1st quarter worth about $288,000. Finally, Threadgill Financial LLC lifted its position in MSCI by 98.7% during the 2nd quarter. Threadgill Financial LLC now owns 14,806 shares of the technology company's stock valued at $8,539,000 after purchasing an additional 7,355 shares during the period. Institutional investors and hedge funds own 89.97% of the company's stock.

Insider Activity

In related news, CEO Henry A. Fernandez acquired 84 shares of the company's stock in a transaction that occurred on Friday, July 25th. The shares were acquired at an average cost of $548.69 per share, for a total transaction of $46,089.96. Following the completion of the acquisition, the chief executive officer directly owned 1,279,951 shares in the company, valued at approximately $702,296,314.19. The trade was a 0.01% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders have acquired a total of 12,400 shares of company stock worth $6,731,599 over the last ninety days. 3.31% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on MSCI shares. JPMorgan Chase & Co. lifted their price target on shares of MSCI from $625.00 to $655.00 and gave the stock an "overweight" rating in a research report on Wednesday, September 10th. Wells Fargo & Company dropped their target price on shares of MSCI from $578.00 to $533.00 and set an "equal weight" rating for the company in a research report on Wednesday, July 23rd. Raymond James Financial upgraded MSCI from a "market perform" rating to an "outperform" rating and set a $650.00 price target on the stock in a research report on Friday, July 25th. Seaport Res Ptn raised MSCI to a "strong-buy" rating in a research note on Wednesday. Finally, UBS Group increased their target price on MSCI from $655.00 to $700.00 and gave the company a "buy" rating in a research note on Tuesday, July 8th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $652.45.

MSCI Trading Up 1.6%

MSCI stock opened at $561.64 on Friday. MSCI Inc has a 1-year low of $486.73 and a 1-year high of $642.45. The firm has a market cap of $43.45 billion, a PE ratio of 37.19, a P/E/G ratio of 2.70 and a beta of 1.33. The business's 50-day moving average price is $563.39 and its two-hundred day moving average price is $559.60.

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

MSCI Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 29th. Stockholders of record on Friday, August 15th were given a dividend of $1.80 per share. The ex-dividend date of this dividend was Friday, August 15th. This represents a $7.20 annualized dividend and a dividend yield of 1.3%. MSCI's dividend payout ratio is currently 47.68%.

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.

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