MSCI Inc (NYSE:MSCI) Shares Sold by TD Private Client Wealth LLC

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

Several other large investors also recently added to or reduced their stakes in MSCI. Menard Financial Group LLC bought a new stake in MSCI in the fourth quarter worth about $26,000. Olde Wealth Management LLC bought a new stake in shares of MSCI during the 1st quarter worth approximately $27,000. Johnson Financial Group Inc. boosted its holdings in MSCI by 293.8% during the 4th quarter. Johnson Financial Group Inc. now owns 63 shares of the technology company's stock valued at $38,000 after acquiring an additional 47 shares during the period. Colonial Trust Co SC grew its position in MSCI by 122.6% in the 4th quarter. Colonial Trust Co SC now owns 69 shares of the technology company's stock valued at $42,000 after acquiring an additional 38 shares during the last quarter. Finally, HWG Holdings LP bought a new stake in shares of MSCI during the first quarter worth $44,000. 89.97% of the stock is owned by institutional investors.

MSCI Trading Down 0.1%

Shares of MSCI traded down $0.53 during trading hours on Thursday, hitting $581.28. The company had a trading volume of 332,330 shares, compared to its average volume of 509,430. MSCI Inc has a one year low of $486.74 and a one year high of $642.45. The company's fifty day moving average price is $563.79 and its two-hundred day moving average price is $569.76. The company has a market capitalization of $44.97 billion, a PE ratio of 39.95, a price-to-earnings-growth ratio of 2.90 and a beta of 1.32.

MSCI (NYSE:MSCI - Get Free Report) last released its quarterly earnings results 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 net margin of 39.08% and a negative return on equity of 145.52%. The business had revenue of $745.83 million during the quarter, compared to analyst estimates of $746.45 million. Analysts forecast that MSCI Inc will post 16.86 earnings per share for the current year.

MSCI Announces Dividend

The company also recently declared 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 1.24%. The ex-dividend date was Friday, May 16th. MSCI's dividend payout ratio is currently 49.48%.

Insider Activity

In other news, COO Cd Baer Pettit sold 5,000 shares of the business's stock in a transaction dated Monday, May 5th. The stock was 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 in the company, valued at approximately $160,133,398.33. The trade was a 1.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 3.31% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. Bank of America started coverage on shares of MSCI in a research note on Thursday, April 10th. They issued a "neutral" rating and a $585.00 price target on the stock. JPMorgan Chase & Co. decreased their price target on shares of 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 reiterated an "outperform" rating and issued a $675.00 price target on shares of MSCI in a report on Wednesday, April 16th. Evercore ISI reduced their price objective on MSCI from $673.00 to $631.00 and set an "outperform" rating on the stock in a report on Wednesday, April 23rd. Finally, Oppenheimer reiterated a "market perform" rating on shares of MSCI in a report on Wednesday, April 23rd. 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, MSCI has an average rating of "Moderate Buy" and an average price target of $651.55.

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.