Stableford Capital II LLC Takes Position in MSCI Inc $MSCI

Key Points

• Stableford Capital II LLC has acquired a new stake in MSCI Inc, purchasing 1,777 shares valued at approximately $971,000 during the second quarter.
• MSCI reported earnings per share of $4.17 for the last quarter, beating estimates and demonstrating a 9.1% year-over-year revenue growth to $772.68 million.
• The company announced a quarterly dividend of $1.80 per share, representing an annualized yield of 1.3% and a payout ratio of 47.68%.

Stableford Capital II LLC bought a new stake in shares of MSCI Inc (NYSE:MSCI - Free Report) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 1,777 shares of the technology company's stock, valued at approximately $971,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Olde Wealth Management LLC purchased a new position in shares of MSCI during the 1st quarter valued at approximately $27,000. Meeder Asset Management Inc. boosted its stake in shares of MSCI by 136.4% during the 1st quarter. Meeder Asset Management Inc. now owns 52 shares of the technology company's stock valued at $29,000 after buying an additional 30 shares during the last quarter. Steph & Co. purchased a new position in shares of MSCI during the 2nd quarter valued at approximately $35,000. Migdal Insurance & Financial Holdings Ltd. boosted its stake in shares of MSCI by 50.0% during the 1st quarter. Migdal Insurance & Financial Holdings Ltd. now owns 66 shares of the technology company's stock valued at $37,000 after buying an additional 22 shares during the last quarter. Finally, Banque Transatlantique SA boosted its stake in shares of MSCI by 355.6% during the 1st quarter. Banque Transatlantique SA now owns 82 shares of the technology company's stock valued at $43,000 after buying an additional 64 shares during the last quarter. 89.97% of the stock is currently owned by hedge funds and other institutional investors.

MSCI Price Performance

Shares of NYSE MSCI opened at $548.82 on Thursday. MSCI Inc has a 1-year low of $486.73 and a 1-year high of $642.45. The business's fifty day moving average price is $563.49 and its two-hundred day moving average price is $559.00. The firm has a market capitalization of $42.46 billion, a PE ratio of 36.35, a P/E/G ratio of 2.70 and a beta of 1.33.

MSCI (NYSE:MSCI - Get Free Report) last announced its earnings results on Tuesday, July 22nd. The technology company reported $4.17 earnings per share for the quarter, beating the consensus estimate of $4.12 by $0.05. MSCI had a negative return on equity of 143.13% and a net margin of 39.46%.The business had revenue of $772.68 million during the quarter, compared to analysts' expectations of $763.06 million. During the same quarter last year, the business posted $3.64 earnings per share. The company's quarterly revenue was up 9.1% on a year-over-year basis. Equities research analysts expect 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 was paid on Friday, August 29th. Investors of record on Friday, August 15th were paid 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 yield of 1.3%. MSCI's dividend payout ratio (DPR) is currently 47.68%.

Insiders Place Their Bets

In other news, CEO Henry A. Fernandez bought 9,916 shares of the firm's stock in a transaction that occurred on Thursday, July 24th. The stock was acquired at an average price of $544.70 per share, with a total value of $5,401,245.20. Following the completion of the purchase, the chief executive officer directly owned 1,279,867 shares of the company's stock, valued at $697,143,554.90. This represents a 0.78% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Insiders bought a total of 12,400 shares of company stock worth $6,731,599 over the last ninety days. Company insiders own 3.31% of the company's stock.

Analyst Upgrades and Downgrades

MSCI has been the topic of several research reports. Seaport Res Ptn raised MSCI to a "strong-buy" rating in a research report on Wednesday, October 1st. Evercore ISI upped their price target on MSCI from $588.00 to $611.00 and gave the company an "outperform" rating in a research report on Tuesday. UBS Group upped their price target on MSCI from $655.00 to $700.00 and gave the company a "buy" rating in a research report on Tuesday, July 8th. JPMorgan Chase & Co. upped their price target on MSCI from $625.00 to $655.00 and gave the company an "overweight" rating in a research report on Wednesday, September 10th. Finally, Weiss Ratings reissued a "buy (b-)" rating on shares of MSCI in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, MSCI presently has an average rating of "Moderate Buy" and a consensus price target of $647.70.

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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