MSCI Inc $MSCI Shares Purchased by Threadgill Financial LLC

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 lifted its stake in shares of MSCI Inc (NYSE:MSCI - Free Report) by 98.7% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,806 shares of the technology company's stock after purchasing an additional 7,355 shares during the period. MSCI accounts for 4.6% of Threadgill Financial LLC's holdings, making the stock its 7th biggest position. Threadgill Financial LLC's holdings in MSCI were worth $8,539,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in MSCI. Vanguard Group Inc. increased its holdings in shares of MSCI by 5.9% during the 1st quarter. Vanguard Group Inc. now owns 9,376,852 shares of the technology company's stock worth $5,302,610,000 after acquiring an additional 518,833 shares during the last quarter. AQR Capital Management LLC grew its holdings in MSCI by 355.7% in the 1st quarter. AQR Capital Management LLC now owns 660,690 shares of the technology company's stock valued at $365,976,000 after buying an additional 515,713 shares in the last quarter. GAMMA Investing LLC grew its holdings in MSCI by 61,179.6% in the 1st quarter. GAMMA Investing LLC now owns 505,557 shares of the technology company's stock valued at $285,892,000 after buying an additional 504,732 shares in the last quarter. Mackenzie Financial Corp grew its holdings in shares of MSCI by 3,881.3% during the 4th quarter. Mackenzie Financial Corp now owns 419,429 shares of the technology company's stock worth $251,662,000 after purchasing an additional 408,894 shares in the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich grew its holdings in shares of MSCI by 605,802.9% during the 1st quarter. Bank Julius Baer & Co. Ltd Zurich now owns 212,066 shares of the technology company's stock worth $129,903,000 after purchasing an additional 212,031 shares in the last quarter. Institutional investors own 89.97% of the company's stock.

Insider Buying and Selling

In other MSCI news, CEO Henry A. Fernandez bought 84 shares of the firm's stock in a transaction that occurred on Friday, July 25th. The stock was acquired at an average price of $548.69 per share, with a total value of $46,089.96. Following the completion of the purchase, the chief executive officer directly 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 position. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Insiders purchased a total of 12,400 shares of company stock worth $6,731,599 over the last ninety days. Company insiders own 3.31% of the company's stock.

Analysts Set New Price Targets

Several analysts have recently issued reports on the company. UBS Group increased their target price on MSCI from $655.00 to $700.00 and gave the stock a "buy" rating in a report on Tuesday, July 8th. Wells Fargo & Company dropped their price objective 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. JPMorgan Chase & Co. upped their price objective on MSCI from $625.00 to $655.00 and gave the stock an "overweight" rating in a research report on Wednesday, September 10th. Finally, Raymond James Financial upgraded MSCI from a "market perform" rating to an "outperform" rating and set a $650.00 price objective for the company in a research report on Friday, July 25th. Ten investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $652.45.

MSCI Stock Performance

Shares of MSCI traded up $9.47 during mid-day trading on Monday, reaching $569.22. 838,663 shares of the company were exchanged, compared to its average volume of 712,451. MSCI Inc has a 52 week low of $486.73 and a 52 week high of $642.45. The stock has a market capitalization of $44.03 billion, a PE ratio of 37.70, a PEG ratio of 2.73 and a beta of 1.34. The business has a 50 day simple moving average of $562.63 and a two-hundred day simple moving average of $558.88.

MSCI (NYSE:MSCI - Get Free Report) last issued its quarterly earnings data on Tuesday, July 22nd. The technology company reported $4.17 earnings per share (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 during the quarter, compared to the consensus estimate of $763.06 million. During the same period last year, the company earned $3.64 earnings per share. The firm's revenue was up 9.1% compared to the same quarter last year. On average, analysts predict that MSCI Inc will post 16.86 EPS for the current year.

MSCI Dividend Announcement

The firm also recently announced 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 dividend payout ratio (DPR) is currently 47.68%.

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.