Teza Capital Management LLC Has $2.75 Million Stake in MSCI Inc. (NYSE:MSCI)

Teza Capital Management LLC grew its stake in MSCI Inc. (NYSE:MSCI - Free Report) by 93.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,576 shares of the technology company's stock after buying an additional 2,209 shares during the quarter. Teza Capital Management LLC's holdings in MSCI were worth $2,746,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Angeles Wealth Management LLC lifted its position in shares of MSCI by 3.6% in the fourth quarter. Angeles Wealth Management LLC now owns 492 shares of the technology company's stock worth $295,000 after purchasing an additional 17 shares in the last quarter. Bleakley Financial Group LLC lifted its position in shares of MSCI by 0.9% in the fourth quarter. Bleakley Financial Group LLC now owns 2,044 shares of the technology company's stock worth $1,227,000 after purchasing an additional 19 shares in the last quarter. Perigon Wealth Management LLC lifted its position in shares of MSCI by 3.6% in the fourth quarter. Perigon Wealth Management LLC now owns 575 shares of the technology company's stock worth $351,000 after purchasing an additional 20 shares in the last quarter. Trivant Custom Portfolio Group LLC lifted its position in shares of MSCI by 0.6% in the fourth quarter. Trivant Custom Portfolio Group LLC now owns 3,325 shares of the technology company's stock worth $1,995,000 after purchasing an additional 21 shares in the last quarter. Finally, Weaver Capital Management LLC lifted its position in shares of MSCI by 3.0% in the fourth quarter. Weaver Capital Management LLC now owns 712 shares of the technology company's stock worth $427,000 after purchasing an additional 21 shares in the last quarter. Institutional investors and hedge funds own 89.97% of the company's stock.

MSCI Stock Down 2.0%

Shares of MSCI traded down $11.50 during trading hours on Wednesday, hitting $559.71. The company had a trading volume of 509,416 shares, compared to its average volume of 520,281. The firm has a market cap of $43.31 billion, a price-to-earnings ratio of 39.81, a PEG ratio of 2.61 and a beta of 1.33. The business has a fifty day moving average of $551.27 and a 200-day moving average of $579.16. MSCI Inc. has a 12 month low of $475.32 and a 12 month high of $642.45.

MSCI (NYSE:MSCI - Get Free Report) last issued its quarterly earnings data on Tuesday, April 22nd. The technology company reported $4.00 earnings per share for the quarter, beating the consensus estimate of $3.88 by $0.12. The company had revenue of $745.83 million for the quarter, compared to analyst estimates of $746.45 million. MSCI had a net margin of 38.83% and a negative return on equity of 156.08%. On average, equities analysts expect that MSCI Inc. will post 16.86 EPS for the current fiscal year.

MSCI Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Friday, May 16th will be given a $1.80 dividend. This represents a $7.20 annualized dividend and a dividend yield of 1.29%. The ex-dividend date of this dividend is Friday, May 16th. MSCI's payout ratio is presently 49.48%.

Insider Activity

In other MSCI news, CEO Henry A. Fernandez purchased 5,300 shares of the firm's stock in a transaction that occurred on Monday, February 24th. The shares were acquired at an average cost of $574.51 per share, for a total transaction of $3,044,903.00. Following the completion of the purchase, the chief executive officer now owns 1,269,951 shares of the company's stock, valued at approximately $729,599,549.01. The trade was a 0.42% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Cd Baer Pettit sold 5,000 shares of the company's stock in a transaction dated 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 completion of the transaction, the chief operating officer now owns 289,787 shares in the company, valued at $160,133,398.33. This trade represents a 1.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 3.31% of the company's stock.

Wall Street Analyst Weigh In

MSCI has been the topic of a number of research reports. Barclays cut their price objective on shares of MSCI from $675.00 to $650.00 and set an "overweight" rating on the stock in a research report on Friday, April 4th. JPMorgan Chase & Co. dropped their price target on shares of MSCI from $680.00 to $650.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 16th. Oppenheimer reaffirmed a "market perform" rating on shares of MSCI in a research report on Wednesday, April 23rd. Evercore ISI dropped their price target on shares of MSCI from $673.00 to $631.00 and set an "outperform" rating on the stock in a research report on Wednesday, April 23rd. Finally, Wells Fargo & Company dropped their price target on shares of MSCI from $532.00 to $530.00 and set an "equal weight" rating on the stock in a research report on Wednesday, April 16th. Three research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat, MSCI currently has an average rating of "Moderate Buy" and an average price target of $645.36.

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.