Temasek Holdings Private Ltd Has $208.46 Million Position in MSCI Inc $MSCI

Key Points

• Temasek Holdings increased its stake in MSCI Inc by 32.9%, acquiring an additional 91,195 shares, making it the firm's 23rd largest position with a total worth of approximately $208 million.
• Several institutional investors have significantly raised their stakes in MSCI, including AQR Capital Management, which increased its holdings by 355.7%, and GAMMA Investing, which raised its stake by an astonishing 61,179.6%.
• MSCI recently declared a quarterly dividend of $1.80 per share, reflecting an annualized payout of $7.20, with a dividend yield of 1.3% and a payout ratio of 47.68%.

Temasek Holdings Private Ltd raised its stake in MSCI Inc (NYSE:MSCI - Free Report) by 32.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 368,627 shares of the technology company's stock after buying an additional 91,195 shares during the period. MSCI comprises about 0.8% of Temasek Holdings Private Ltd's investment portfolio, making the stock its 23rd biggest position. Temasek Holdings Private Ltd owned 0.48% of MSCI worth $208,459,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of 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 valued at $80,000 after purchasing an additional 19 shares in the last quarter. Optivise Advisory Services LLC lifted its holdings in shares of MSCI by 3.8% during the first quarter. Optivise Advisory Services LLC now owns 540 shares of the technology company's stock valued at $306,000 after purchasing an additional 20 shares in the last quarter. Quotient Wealth Partners LLC raised its stake in MSCI by 5.9% during the 1st quarter. Quotient Wealth Partners LLC now owns 361 shares of the technology company's stock valued at $204,000 after buying an additional 20 shares during the last quarter. Whipplewood Advisors LLC grew 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 valued at $83,000 after purchasing an additional 21 shares during the period. Finally, Salvus Wealth Management LLC increased its stake in shares of MSCI by 2.6% in the 1st quarter. Salvus Wealth Management LLC now owns 824 shares of the technology company's stock worth $466,000 after purchasing an additional 21 shares in the last quarter. 89.97% of the stock is currently owned by institutional investors.

Insider Activity

In other news, CEO Henry A. Fernandez purchased 84 shares of the firm's stock in a transaction that occurred on Friday, July 25th. The stock was acquired at an average cost of $548.69 per share, for a total transaction of $46,089.96. Following the completion of the purchase, the chief executive officer owned 1,279,951 shares of the company's stock, valued at approximately $702,296,314.19. This trade represents a 0.01% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have acquired a total of 12,400 shares of company stock valued at $6,731,599 in the last three months. 3.31% of the stock is currently owned by insiders.

MSCI Price Performance

Shares of MSCI stock traded down $6.43 during midday trading on Wednesday, hitting $562.73. The company had a trading volume of 648,649 shares, compared to its average volume of 606,244. MSCI Inc has a 52-week low of $486.73 and a 52-week high of $642.45. The stock has a market cap of $43.54 billion, a price-to-earnings ratio of 37.27, a PEG ratio of 2.80 and a beta of 1.34. The company's 50 day simple moving average is $564.39 and its 200 day simple moving average is $559.35.

MSCI (NYSE:MSCI - Get Free Report) last posted its earnings results on Tuesday, July 22nd. The technology company reported $4.17 EPS for the quarter, topping analysts' consensus estimates of $4.12 by $0.05. MSCI had a negative return on equity of 143.13% and a net margin of 39.46%.The company had revenue of $772.68 million for the quarter, compared to the consensus estimate of $763.06 million. During the same period in the previous year, the business earned $3.64 earnings per share. MSCI's quarterly revenue was up 9.1% compared to the same quarter last year. Analysts anticipate that MSCI Inc will post 16.86 EPS for the current year.

MSCI Announces Dividend

The company also recently declared 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 payout ratio is 47.68%.

Analysts Set New Price Targets

Several research firms recently issued reports on MSCI. Wells Fargo & Company cut their target price on MSCI from $578.00 to $533.00 and set an "equal weight" rating for the company in a research report on Wednesday, July 23rd. 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, July 8th. Raymond James Financial upgraded MSCI from a "market perform" rating to an "outperform" rating and set a $650.00 target price for the company in a research note on Friday, July 25th. Finally, JPMorgan Chase & Co. lifted their price objective on MSCI from $625.00 to $655.00 and gave the company an "overweight" rating in a research note on Wednesday. Ten analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $652.45.

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.