Vise Technologies Inc. Takes $377,000 Position in MSCI Inc. (NYSE:MSCI)

Vise Technologies Inc. purchased a new position in shares of MSCI Inc. (NYSE:MSCI - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 628 shares of the technology company's stock, valued at approximately $377,000.

Other hedge funds have also bought and sold shares of the company. Johnson Financial Group Inc. lifted its holdings in MSCI by 293.8% during the fourth quarter. Johnson Financial Group Inc. now owns 63 shares of the technology company's stock worth $38,000 after acquiring an additional 47 shares during the period. Compagnie Lombard Odier SCmA bought a new stake in MSCI during the fourth quarter worth $41,000. Colonial Trust Co SC lifted its holdings in MSCI by 122.6% during the fourth quarter. Colonial Trust Co SC now owns 69 shares of the technology company's stock worth $42,000 after acquiring an additional 38 shares during the period. Y.D. More Investments Ltd lifted its holdings in MSCI by 122.7% during the fourth quarter. Y.D. More Investments Ltd now owns 98 shares of the technology company's stock worth $59,000 after acquiring an additional 54 shares during the period. Finally, LRI Investments LLC lifted its holdings in MSCI by 125.0% during the fourth quarter. LRI Investments LLC now owns 99 shares of the technology company's stock worth $60,000 after acquiring an additional 55 shares during the period. 89.97% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other MSCI news, COO Cd Baer Pettit sold 5,000 shares of the business's stock in a transaction that occurred 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 transaction, the chief operating officer now owns 294,787 shares of the company's stock, valued at $154,542,084.75. The trade was a 1.67% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 3.31% of the company's stock.

MSCI Trading Down 0.4%

Shares of MSCI stock traded down $2.43 during trading hours on Friday, reaching $563.57. The stock had a trading volume of 631,875 shares, compared to its average volume of 513,186. The stock's fifty day simple moving average is $550.65 and its 200 day simple moving average is $577.55. The firm has a market capitalization of $43.60 billion, a PE ratio of 40.08, a PEG ratio of 2.61 and a beta of 1.33. MSCI Inc. has a 12 month low of $475.32 and a 12 month high of $642.45.

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

MSCI Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on MSCI shares. Bank of America initiated coverage on MSCI in a research report on Thursday, April 10th. They issued a "neutral" rating and a $585.00 target price for the company. Oppenheimer restated a "market perform" rating on shares of MSCI in a research note on Wednesday, April 23rd. Barclays dropped their price objective on shares of MSCI from $675.00 to $650.00 and set an "overweight" rating on the stock in a report on Friday, April 4th. Royal Bank of Canada reiterated an "outperform" rating and issued a $675.00 target price on shares of MSCI in a research note on Wednesday, April 16th. Finally, JPMorgan Chase & Co. lowered their price target on shares of MSCI from $680.00 to $650.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 16th. Three analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $645.36.

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.