MSCI Inc $MSCI is Threadgill Financial LLC's 7th Largest Position

Key Points

• Threadgill Financial LLC increased its holdings in MSCI Inc by 98.7% during the second quarter, acquiring an additional 7,355 shares, which brought their total holdings to 14,806 shares valued at approximately $8.54 million.
• MSCI recently announced a quarterly dividend of $1.80 per share, with a dividend yield of 1.2%, reflecting a payout ratio of 47.68%.
• Following its last earnings report, MSCI's stock opened at $578.84, with a 12-month high of $642.45, and analysts have issued a Moderate Buy rating with an average target price of $652.45.

Threadgill Financial LLC raised its holdings in shares of MSCI Inc (NYSE:MSCI - Free Report) by 98.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,806 shares of the technology company's stock after acquiring an additional 7,355 shares during the quarter. MSCI comprises approximately 4.6% of Threadgill Financial LLC's portfolio, making the stock its 7th biggest holding. Threadgill Financial LLC's holdings in MSCI were worth $8,539,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Menard Financial Group LLC bought a new stake in MSCI during the 4th quarter valued at $26,000. Olde Wealth Management LLC bought a new stake in MSCI during the 1st quarter valued at $27,000. Meeder Asset Management Inc. raised its holdings in MSCI by 136.4% during the 1st quarter. Meeder Asset Management Inc. now owns 52 shares of the technology company's stock valued at $29,000 after acquiring an additional 30 shares during the period. Migdal Insurance & Financial Holdings Ltd. raised its holdings in MSCI by 50.0% during the 1st quarter. Migdal Insurance & Financial Holdings Ltd. now owns 66 shares of the technology company's stock valued at $37,000 after acquiring an additional 22 shares during the period. Finally, Banque Transatlantique SA raised its holdings in MSCI by 355.6% during the 1st quarter. Banque Transatlantique SA now owns 82 shares of the technology company's stock valued at $43,000 after acquiring an additional 64 shares during the period. Institutional investors own 89.97% of the company's stock.

MSCI Stock Up 0.7%

NYSE:MSCI traded up $4.05 during midday trading on Friday, hitting $560.03. The company had a trading volume of 1,237,050 shares, compared to its average volume of 669,603. MSCI Inc has a 52-week low of $486.73 and a 52-week high of $642.45. The stock's fifty day moving average price is $562.65 and its 200-day moving average price is $558.98. The company has a market capitalization of $43.32 billion, a PE ratio of 37.09, a P/E/G ratio of 2.72 and a beta of 1.34.

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

MSCI Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, August 29th. Investors of record on Friday, August 15th were given a $1.80 dividend. The ex-dividend date was Friday, August 15th. This represents a $7.20 annualized dividend and a yield of 1.3%. MSCI's payout ratio is 47.68%.

Insider Transactions at MSCI

In other MSCI news, CEO Henry A. Fernandez purchased 9,916 shares of the stock in a transaction on Thursday, July 24th. The stock was acquired at an average cost of $544.70 per share, with a total value of $5,401,245.20. Following the completion of the purchase, the chief executive officer directly owned 1,279,867 shares of the company's stock, valued at approximately $697,143,554.90. This trade represents a 0.78% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have acquired 12,400 shares of company stock valued at $6,731,599 in the last ninety days. 3.31% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on MSCI. Wells Fargo & Company reduced their price target on shares of MSCI from $578.00 to $533.00 and set an "equal weight" rating for the company in a research report on Wednesday, July 23rd. JPMorgan Chase & Co. boosted their price target on shares of MSCI from $625.00 to $655.00 and gave the company an "overweight" rating in a research report on Wednesday, September 10th. UBS Group boosted 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. Finally, Raymond James Financial upgraded shares of MSCI from a "market perform" rating to an "outperform" rating and set a $650.00 price target for the company in a research report on Friday, July 25th. Ten analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus 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.