Two Sigma Securities LLC Takes $3.19 Million Position in MSCI Inc $MSCI

Key Points

• Two Sigma Securities acquired 5,691 MSCI shares worth approximately $3.19 million during the second quarter. Institutional investors collectively own nearly 90% of MSCI’s outstanding stock.
• Analysts remain broadly bullish, with a consensus “Buy” rating and an average price target of $709.50, compared with MSCI’s reported opening price of $571.20.
• MSCI’s latest quarterly results slightly missed expectations, reporting $4.94 in earnings per share and $867 million in revenue, although revenue grew 12.2% year over year. The company also maintains a quarterly dividend of $2.05, or $8.20 annually.

Two Sigma Securities LLC bought a new stake in MSCI Inc (NYSE:MSCI - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 5,691 shares of the technology company's stock, valued at approximately $3,187,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Ancora Advisors LLC acquired a new position in shares of MSCI in the second quarter valued at about $27,000. Harvest Fund Management Co. Ltd acquired a new stake in shares of MSCI during the fourth quarter worth about $30,000. Elyxium Wealth LLC purchased a new stake in MSCI in the fourth quarter valued at approximately $34,000. Compound Global Advisors LLC purchased a new stake in MSCI in the second quarter valued at approximately $34,000. Finally, Strategic Wealth Investment Group LLC acquired a new position in MSCI in the 2nd quarter worth approximately $36,000. Institutional investors and hedge funds own 89.97% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. JPMorgan Chase & Co. raised their price target on shares of MSCI from $700.00 to $742.00 and gave the stock an "overweight" rating in a research report on Monday, July 20th. Jefferies Financial Group began coverage on shares of MSCI in a research note on Friday, July 17th. They issued a "buy" rating and a $760.00 price objective on the stock. Bank of America raised their target price on shares of MSCI from $715.00 to $730.00 and gave the stock a "buy" rating in a report on Friday, July 10th. UBS Group set a $615.00 target price on shares of MSCI in a research report on Wednesday, July 22nd. Finally, Barclays upped their price target on shares of MSCI from $700.00 to $735.00 and gave the company an "overweight" rating in a report on Friday, July 10th. One research analyst has rated the stock with a Strong Buy rating and eleven have issued a Buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Buy" and an average target price of $709.50.

MSCI Stock Performance

Shares of NYSE MSCI opened at $571.20 on Monday. The company has a market capitalization of $41.53 billion, a PE ratio of 31.25, a price-to-earnings-growth ratio of 2.18 and a beta of 1.23. The company's fifty day moving average price is $579.52 and its 200 day moving average price is $573.23. MSCI Inc has a 1 year low of $501.08 and a 1 year high of $644.77.

MSCI (NYSE:MSCI - Get Free Report) last released its quarterly earnings data on Tuesday, July 21st. The technology company reported $4.94 earnings per share for the quarter, missing analysts' consensus estimates of $4.99 by ($0.05). The firm had revenue of $867.00 million during the quarter, compared to analysts' expectations of $870.71 million. MSCI had a net margin of 40.74% and a negative return on equity of 55.19%. The firm's quarterly revenue was up 12.2% on a year-over-year basis. During the same period in the previous year, the firm posted $4.17 EPS. On average, equities analysts expect that MSCI Inc will post 19.61 EPS for the current year.

MSCI Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Friday, August 14th were paid a $2.05 dividend. This represents a $8.20 annualized dividend and a dividend yield of 1.4%. The ex-dividend date was Friday, August 14th. MSCI's payout ratio is currently 44.86%.

MSCI Profile

MSCI Inc is a global provider of investment decision support tools and services for the financial industry. The company is best known for its family of market indexes, which are widely used as benchmarks by asset managers and as the basis for exchange-traded funds and other passive products. In addition to index construction and licensing, MSCI offers portfolio analytics, risk models, factor and performance attribution tools, and a suite of data and technology solutions designed to support portfolio management and trading.

Beyond traditional indexing and risk analytics, MSCI has expanded into environmental, social and governance (ESG) research and ratings, offering data, scores and screening tools that help investors integrate sustainability considerations into investment processes.

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