Sivia Capital Partners LLC Makes New $492,000 Investment in MSCI Inc. (NYSE:MSCI)

Sivia Capital Partners LLC purchased a new position in MSCI Inc. (NYSE:MSCI - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 870 shares of the technology company's stock, valued at approximately $492,000.

Several other institutional investors have also added to or reduced their stakes in the business. 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 worth $1,136,563,000 after acquiring an additional 35,094 shares in the last quarter. Principal Financial Group Inc. raised its stake in shares of MSCI by 8.0% in the fourth quarter. Principal Financial Group Inc. now owns 1,613,005 shares of the technology company's stock worth $967,820,000 after purchasing an additional 119,471 shares during the last quarter. Fiera Capital Corp raised its stake in shares of MSCI by 4.5% in the fourth quarter. Fiera Capital Corp now owns 1,148,615 shares of the technology company's stock worth $689,180,000 after purchasing an additional 49,679 shares during the last quarter. Norges Bank purchased a new position in shares of MSCI in the fourth quarter worth about $609,937,000. Finally, FMR LLC raised its stake in shares of MSCI by 3.1% in 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 during the last quarter. Institutional investors and hedge funds own 89.97% of the company's stock.

MSCI Trading Up 0.8%

Shares of MSCI stock opened at $568.66 on Friday. The stock has a 50 day moving average of $550.74 and a 200 day moving average of $576.56. The stock has a market cap of $44.00 billion, a P/E ratio of 40.45, a P/E/G ratio of 2.61 and a beta of 1.33. MSCI Inc. has a twelve month low of $475.32 and a twelve month high of $642.45.

MSCI (NYSE:MSCI - Get Free Report) last issued its quarterly earnings data on Tuesday, April 22nd. The technology company reported $4.00 EPS for the quarter, beating the consensus estimate of $3.88 by $0.12. MSCI had a negative return on equity of 156.08% and a net margin of 38.83%. The company had revenue of $745.83 million for the quarter, compared to analyst estimates of $746.45 million. On average, research analysts predict that MSCI Inc. will post 16.86 earnings per share for the current fiscal year.

MSCI Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 30th. Shareholders of record on Friday, May 16th were issued a $1.80 dividend. This represents a $7.20 annualized dividend and a yield of 1.27%. The ex-dividend date was Friday, May 16th. MSCI's payout ratio is currently 49.48%.

Insider Buying and Selling at MSCI

In other MSCI news, COO Cd Baer Pettit sold 5,000 shares of the firm's stock in a transaction that occurred 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 sale, the chief operating officer now directly owns 289,787 shares of the company's stock, valued at approximately $160,133,398.33. This trade represents a 1.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 3.31% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on MSCI shares. Barclays reduced their price objective on MSCI from $675.00 to $650.00 and set an "overweight" rating for the company in a research note on Friday, April 4th. JPMorgan Chase & Co. reduced their price objective on MSCI from $680.00 to $650.00 and set an "overweight" rating for the company in a research note on Wednesday, April 16th. Royal Bank of Canada restated an "outperform" rating and issued a $675.00 price objective on shares of MSCI in a research note on Wednesday, April 16th. Wells Fargo & Company reduced their price objective on MSCI from $532.00 to $530.00 and set an "equal weight" rating for the company in a research note on Wednesday, April 16th. Finally, Evercore ISI reduced their price objective on MSCI from $673.00 to $631.00 and set an "outperform" rating for the company in a research note on Wednesday, April 23rd. Three investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $645.36.

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.

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