Triglav Skladi D.O.O. Buys Shares of 875 MSCI Inc. (NYSE:MSCI)

Triglav Skladi D.O.O. acquired a new position in shares of MSCI Inc. (NYSE:MSCI - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 875 shares of the technology company's stock, valued at approximately $525,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of MSCI. Johnson Financial Group Inc. lifted its holdings in MSCI by 293.8% during the 4th quarter. Johnson Financial Group Inc. now owns 63 shares of the technology company's stock worth $38,000 after buying an additional 47 shares during the period. Compagnie Lombard Odier SCmA acquired a new position in MSCI during the 4th quarter worth about $41,000. Colonial Trust Co SC lifted its holdings in MSCI by 122.6% during the 4th quarter. Colonial Trust Co SC now owns 69 shares of the technology company's stock worth $42,000 after buying an additional 38 shares during the period. Y.D. More Investments Ltd lifted its holdings in MSCI by 122.7% during the 4th quarter. Y.D. More Investments Ltd now owns 98 shares of the technology company's stock worth $59,000 after buying an additional 54 shares during the period. Finally, Picton Mahoney Asset Management acquired a new position in MSCI during the 4th quarter worth about $60,000. Institutional investors own 89.97% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on MSCI. Barclays dropped their price objective on MSCI from $675.00 to $650.00 and set an "overweight" rating on the stock in a research note on Friday, April 4th. Evercore ISI dropped their price objective on MSCI from $673.00 to $631.00 and set an "outperform" rating on the stock in a research note on Wednesday, April 23rd. JPMorgan Chase & Co. dropped their price objective on MSCI from $680.00 to $650.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 16th. Wells Fargo & Company dropped their price objective on MSCI from $532.00 to $530.00 and set an "equal weight" rating on the stock in a research note on Wednesday, April 16th. Finally, Royal Bank of Canada reissued an "outperform" rating and issued a $675.00 price objective on shares of MSCI in a research note on Wednesday, April 16th. Three analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $645.36.

MSCI Price Performance

Shares of NYSE MSCI traded up $3.47 during mid-day trading on Thursday, reaching $563.57. 435,576 shares of the company's stock traded hands, compared to its average volume of 519,402. The business has a 50-day simple moving average of $551.37 and a 200 day simple moving average of $579.02. The stock has a market cap of $43.60 billion, a P/E ratio of 40.08, a PEG ratio of 2.61 and a beta of 1.33. MSCI Inc. has a 1-year low of $475.32 and a 1-year 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 EPS for the quarter, topping the consensus estimate of $3.88 by $0.12. The firm had revenue of $745.83 million during the quarter, compared to the consensus estimate of $746.45 million. MSCI had a negative return on equity of 156.08% and a net margin of 38.83%. Equities research analysts anticipate that MSCI Inc. will post 16.86 earnings per share for the current fiscal year.

MSCI Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Investors of record on Friday, May 16th will be given a dividend of $1.80 per share. This represents a $7.20 dividend on an annualized basis and a dividend yield of 1.28%. The ex-dividend date is Friday, May 16th. MSCI's payout ratio is 49.48%.

Insider Buying and Selling

In other news, CEO Henry A. Fernandez bought 5,300 shares of the stock in a transaction on Monday, February 24th. The shares were purchased 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 directly owns 1,269,951 shares in the company, valued at $729,599,549.01. This represents a 0.42% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, COO Cd Baer Pettit sold 5,000 shares of the business's stock in a transaction on Friday, April 4th. The shares were sold at an average price of $524.25, for a total value of $2,621,250.00. Following the completion of the sale, the chief operating officer now owns 294,787 shares in the company, valued at approximately $154,542,084.75. The trade was a 1.67% decrease in their ownership of the stock. The disclosure for this sale can be found here. 3.31% of the stock is currently owned by corporate insiders.

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.