TD Private Client Wealth LLC Has $830,000 Stock Holdings in MSCI Inc (NYSE:MSCI)

TD Private Client Wealth LLC decreased its holdings in shares of MSCI Inc (NYSE:MSCI - Free Report) by 65.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,468 shares of the technology company's stock after selling 2,839 shares during the period. TD Private Client Wealth LLC's holdings in MSCI were worth $830,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Argentarii LLC acquired a new position in MSCI during the first quarter worth $399,000. Wayfinding Financial LLC bought a new stake in shares of MSCI in the 1st quarter worth $118,000. Olde Wealth Management LLC bought a new stake in shares of MSCI in the 1st quarter worth $27,000. Capital Investment Advisory Services LLC grew its stake in shares of MSCI by 3.1% in the 1st quarter. Capital Investment Advisory Services LLC now owns 2,312 shares of the technology company's stock worth $1,307,000 after acquiring an additional 69 shares in the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. grew its stake in shares of MSCI by 57.9% in the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 3,260 shares of the technology company's stock worth $1,844,000 after acquiring an additional 1,196 shares in the last quarter. Institutional investors and hedge funds own 89.97% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the stock. Evercore ISI reduced their target price on shares of MSCI from $673.00 to $631.00 and set an "outperform" rating for the company in a research note on Wednesday, April 23rd. Royal Bank Of Canada reiterated an "outperform" rating and issued a $675.00 target price on shares of MSCI in a research note on Wednesday, April 16th. Bank of America began coverage on shares of MSCI in a research note on Thursday, April 10th. They issued a "neutral" rating and a $585.00 target price for the company. JPMorgan Chase & Co. reduced their price target on shares of MSCI from $680.00 to $650.00 and set an "overweight" rating for the company in a research report on Wednesday, April 16th. Finally, UBS Group increased their price target on shares of MSCI from $655.00 to $700.00 and gave the company a "buy" rating in a research report on Tuesday. Three investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $651.55.

Insiders Place Their Bets

In related news, COO Cd Baer Pettit sold 5,000 shares of the company's stock in a transaction that occurred on Monday, May 5th. The shares were sold at an average price of $552.59, for a total transaction of $2,762,950.00. Following the sale, the chief operating officer owned 289,787 shares of the company's stock, valued at approximately $160,133,398.33. This represents a 1.70% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 3.31% of the company's stock.

MSCI Stock Up 0.2%

MSCI opened at $582.10 on Thursday. The company has a market capitalization of $45.04 billion, a price-to-earnings ratio of 40.01, a PEG ratio of 2.90 and a beta of 1.32. The firm has a 50-day moving average price of $563.79 and a 200-day moving average price of $569.76. MSCI Inc has a twelve month low of $486.74 and a twelve month high of $642.45.

MSCI (NYSE:MSCI - Get Free Report) last posted its earnings results on Tuesday, April 22nd. The technology company reported $4.00 earnings per share for the quarter, topping analysts' consensus estimates of $3.88 by $0.12. The business had revenue of $745.83 million for the quarter, compared to analyst estimates of $746.45 million. MSCI had a net margin of 39.08% and a negative return on equity of 145.52%. On average, sell-side analysts expect that MSCI Inc will post 16.86 earnings per share for the current fiscal year.

MSCI Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 30th. Investors of record on Friday, May 16th were issued a dividend of $1.80 per share. This represents a $7.20 dividend on an annualized basis and a yield of 1.24%. The ex-dividend date was Friday, May 16th. MSCI's dividend payout ratio (DPR) is presently 49.48%.

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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