United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund Purchases 3,300 Shares of MSCI Inc $MSCI

Key Points

• United Super Pty Ltd increased its MSCI stake by 3.5% in the fourth quarter, buying 3,300 additional shares and bringing its total to 98,135 shares worth about $56.3 million.
• MSCI shares were up 3.6%, opening at $625.12, near the stock’s 52-week high of $627.01. The company has a market cap of $45.51 billion and remains heavily owned by institutions, which hold about 89.97% of shares.
• MSCI beat quarterly earnings expectations, reporting EPS of $4.55 on revenue of $850.8 million, and it also announced a quarterly dividend of $2.05 per share. Analysts remain bullish, with a consensus rating of “Buy” and an average price target of $697.70.

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund increased its holdings in shares of MSCI Inc (NYSE:MSCI - Free Report) by 3.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 98,135 shares of the technology company's stock after purchasing an additional 3,300 shares during the quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund owned approximately 0.13% of MSCI worth $56,303,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in MSCI. Mowery & Schoenfeld Wealth Management LLC lifted its stake in MSCI by 341.7% in the fourth quarter. Mowery & Schoenfeld Wealth Management LLC now owns 53 shares of the technology company's stock valued at $30,000 after acquiring an additional 41 shares during the last quarter. Eagle Bay Advisors LLC acquired a new stake in MSCI in the fourth quarter valued at $34,000. Elyxium Wealth LLC acquired a new stake in MSCI in the fourth quarter valued at $34,000. Strategic Wealth Investment Group LLC acquired a new stake in MSCI in the second quarter valued at $36,000. Finally, JPL Wealth Management LLC acquired a new stake in MSCI in the third quarter valued at $36,000. Institutional investors and hedge funds own 89.97% of the company's stock.

MSCI Trading Up 3.6%

Shares of MSCI stock opened at $625.12 on Friday. The firm has a market capitalization of $45.51 billion, a PE ratio of 35.70, a price-to-earnings-growth ratio of 2.28 and a beta of 1.24. The firm's 50 day moving average is $568.53 and its 200 day moving average is $566.68. MSCI Inc has a 1 year low of $501.08 and a 1 year high of $627.01.

MSCI (NYSE:MSCI - Get Free Report) last posted its earnings results on Tuesday, April 21st. The technology company reported $4.55 earnings per share for the quarter, topping analysts' consensus estimates of $4.38 by $0.17. MSCI had a net margin of 40.74% and a negative return on equity of 65.48%. The firm had revenue of $850.80 million for the quarter, compared to analyst estimates of $830.91 million. During the same period in the previous year, the firm posted $4.00 EPS. The company's revenue for the quarter was up 14.1% compared to the same quarter last year. As a group, research analysts anticipate that MSCI Inc will post 19.62 earnings per share for the current year.

MSCI Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 15th will be issued a dividend of $2.05 per share. This represents a $8.20 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Friday, May 15th. MSCI's payout ratio is presently 46.83%.

Insider Buying and Selling

In other MSCI news, CFO Andrew C. Wiechmann sold 450 shares of the business's stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $560.00, for a total transaction of $252,000.00. Following the sale, the chief financial officer directly owned 22,544 shares of the company's stock, valued at $12,624,640. The trade was a 1.96% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Alvise J. Munari sold 10,000 shares of the business's stock in a transaction that occurred on Friday, April 24th. The stock was sold at an average price of $592.04, for a total transaction of $5,920,400.00. Following the sale, the insider directly owned 23,548 shares in the company, valued at $13,941,357.92. The trade was a 29.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 3.76% of the company's stock.

Analysts Set New Price Targets

MSCI has been the subject of a number of research reports. UBS Group raised their target price on shares of MSCI from $710.00 to $720.00 and gave the stock a "buy" rating in a research note on Wednesday, April 22nd. Barclays reaffirmed an "overweight" rating on shares of MSCI in a research report on Thursday, January 29th. Raymond James Financial reaffirmed a "strong-buy" rating and set a $730.00 price target on shares of MSCI in a research report on Tuesday, April 21st. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $655.00 price target on shares of MSCI in a research report on Wednesday, April 22nd. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $715.00 price target on shares of MSCI in a research report on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating and ten have issued a Buy rating to the company's stock. According to data from MarketBeat.com, MSCI presently has an average rating of "Buy" and a consensus price target of $697.70.

About MSCI

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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