TD Private Client Wealth LLC Reduces Position in MSCI Inc (NYSE:MSCI)

TD Private Client Wealth LLC trimmed its holdings in shares of MSCI Inc (NYSE:MSCI - Free Report) by 65.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm 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 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. Sunbelt Securities Inc. boosted its stake in shares of MSCI by 15.4% during the 1st quarter. Sunbelt Securities Inc. now owns 142 shares of the technology company's stock worth $80,000 after acquiring an additional 19 shares during the last quarter. Optivise Advisory Services LLC boosted its stake in shares of MSCI by 3.8% during the 1st quarter. Optivise Advisory Services LLC now owns 540 shares of the technology company's stock worth $306,000 after acquiring an additional 20 shares during the last quarter. Whipplewood Advisors LLC boosted its stake in shares of MSCI by 16.8% during the 1st quarter. Whipplewood Advisors LLC now owns 146 shares of the technology company's stock worth $83,000 after acquiring an additional 21 shares during the last quarter. Salvus Wealth Management LLC boosted its stake in shares of MSCI by 2.6% during the 1st quarter. Salvus Wealth Management LLC now owns 824 shares of the technology company's stock worth $466,000 after acquiring an additional 21 shares during the last quarter. Finally, M3 Advisory Group LLC boosted its stake in shares of MSCI by 5.8% during the 1st quarter. M3 Advisory Group LLC now owns 401 shares of the technology company's stock worth $227,000 after acquiring an additional 22 shares during the last quarter. 89.97% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at MSCI

In other news, COO Cd Baer Pettit sold 5,000 shares of the business's stock in a transaction dated Monday, May 5th. The shares were sold at an average price of $552.59, for a total value of $2,762,950.00. Following the sale, the chief operating officer directly owned 289,787 shares in the company, valued at $160,133,398.33. The trade was a 1.70% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 3.31% of the stock is currently owned by company insiders.

MSCI Stock Down 2.7%

NYSE MSCI traded down $15.54 on Friday, reaching $565.12. The company had a trading volume of 635,341 shares, compared to its average volume of 508,791. The firm's 50 day moving average price is $564.68 and its 200 day moving average price is $569.30. MSCI Inc has a 12 month low of $486.74 and a 12 month high of $642.45. The stock has a market capitalization of $43.72 billion, a PE ratio of 38.84, a price-to-earnings-growth ratio of 2.89 and a beta of 1.32.

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. MSCI had a net margin of 39.08% and a negative return on equity of 145.52%. The firm had revenue of $745.83 million for the quarter, compared to the consensus estimate of $746.45 million. On average, research analysts expect that MSCI Inc will post 16.86 EPS for the current year.

MSCI Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 30th. Stockholders of record on Friday, May 16th were issued a $1.80 dividend. The ex-dividend date of this dividend was Friday, May 16th. This represents a $7.20 dividend on an annualized basis and a dividend yield of 1.27%. MSCI's dividend payout ratio (DPR) is presently 49.48%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on MSCI shares. Barclays dropped their price target on shares of MSCI from $675.00 to $650.00 and set an "overweight" rating on the stock in a research note on Friday, April 4th. Bank of America assumed coverage on shares of MSCI in a research note on Thursday, April 10th. They set a "neutral" rating and a $585.00 target price on the stock. JPMorgan Chase & Co. lowered their target price on shares of MSCI from $680.00 to $650.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 16th. Evercore ISI lowered their target price on shares of MSCI from $673.00 to $631.00 and set an "outperform" rating on the stock in a research note on Wednesday, April 23rd. Finally, UBS Group lifted their target price on shares of MSCI from $655.00 to $700.00 and gave the company a "buy" rating in a research note on Tuesday. Three analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat.com, MSCI presently has a consensus rating of "Moderate Buy" and a consensus target price of $651.55.

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.