USS Investment Management Ltd Has $9.04 Million Stake in MSCI Inc. (NYSE:MSCI)

USS Investment Management Ltd decreased its position in MSCI Inc. (NYSE:MSCI - Free Report) by 8.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 15,066 shares of the technology company's stock after selling 1,466 shares during the period. USS Investment Management Ltd's holdings in MSCI were worth $9,043,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its position in shares of MSCI by 4.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 536,211 shares of the technology company's stock valued at $312,574,000 after purchasing an additional 23,050 shares during the period. Ritholtz Wealth Management boosted its holdings in shares of MSCI by 5.8% in the fourth quarter. Ritholtz Wealth Management now owns 659 shares of the technology company's stock valued at $395,000 after buying an additional 36 shares during the period. Arkadios Wealth Advisors acquired a new position in shares of MSCI in the fourth quarter valued at approximately $230,000. HB Wealth Management LLC boosted its holdings in shares of MSCI by 6.9% in the fourth quarter. HB Wealth Management LLC now owns 1,377 shares of the technology company's stock valued at $826,000 after buying an additional 89 shares during the period. Finally, UMB Bank n.a. boosted its holdings in shares of MSCI by 28.7% in the fourth quarter. UMB Bank n.a. now owns 220 shares of the technology company's stock valued at $132,000 after buying an additional 49 shares during the period. 89.97% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at MSCI

In other MSCI news, CEO Henry A. Fernandez acquired 5,300 shares of the business's stock in a transaction dated Monday, February 24th. The stock was bought at an average cost of $574.51 per share, with a total value of $3,044,903.00. Following the completion of the transaction, the chief executive officer now directly owns 1,269,951 shares in the company, valued at approximately $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 hyperlink. Also, COO Cd Baer Pettit sold 5,000 shares of the firm'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 sale, the chief operating officer now directly owns 294,787 shares of the company's stock, valued at $154,542,084.75. This represents a 1.67% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 3.31% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on MSCI shares. Bank of America started coverage on shares of MSCI in a research note on Thursday, April 10th. They issued a "neutral" rating and a $585.00 target price for the company. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $675.00 target price on shares of MSCI in a research note on Wednesday, April 16th. Barclays reduced their price objective on MSCI from $675.00 to $650.00 and set an "overweight" rating for the company in a research report on Friday, April 4th. Wells Fargo & Company reduced their price objective on MSCI from $532.00 to $530.00 and set an "equal weight" rating for the company in a research report on Wednesday, April 16th. Finally, JPMorgan Chase & Co. reduced their price objective on MSCI from $680.00 to $650.00 and set an "overweight" rating for the company in a research report on Wednesday, April 16th. Three research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat.com, MSCI presently has an average rating of "Moderate Buy" and an average target price of $645.36.

MSCI Trading Down 0.8%

Shares of MSCI stock traded down $4.77 during trading hours on Friday, reaching $559.11. 226,488 shares of the company's stock were exchanged, compared to its average volume of 515,725. The company has a 50 day moving average of $551.13 and a two-hundred day moving average of $578.64. MSCI Inc. has a fifty-two week low of $475.32 and a fifty-two week high of $642.45. The stock has a market cap of $43.26 billion, a P/E ratio of 39.77, a P/E/G ratio of 2.61 and a beta of 1.33.

MSCI (NYSE:MSCI - Get Free Report) last issued its quarterly earnings results on Tuesday, April 22nd. The technology company reported $4.00 EPS for the quarter, beating the consensus estimate of $3.88 by $0.12. The firm had revenue of $745.83 million during the quarter, compared to analysts' expectations of $746.45 million. MSCI had a negative return on equity of 156.08% and a net margin of 38.83%. As a group, analysts expect that MSCI Inc. will post 16.86 earnings per share for the current fiscal year.

MSCI Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Shareholders of record on Friday, May 16th will be paid a $1.80 dividend. This represents a $7.20 dividend on an annualized basis and a yield of 1.29%. The ex-dividend date is Friday, May 16th. MSCI's dividend payout ratio is currently 49.48%.

MSCI 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.