FJ Capital Management LLC Has $627,000 Position in MSCI Inc. (NYSE:MSCI)

FJ Capital Management LLC increased its holdings in shares of MSCI Inc. (NYSE:MSCI - Free Report) by 115.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,045 shares of the technology company's stock after purchasing an additional 560 shares during the period. FJ Capital Management LLC's holdings in MSCI were worth $627,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Assenagon Asset Management S.A. raised its holdings in shares of MSCI by 30.9% during the fourth quarter. Assenagon Asset Management S.A. now owns 174,982 shares of the technology company's stock worth $104,991,000 after purchasing an additional 41,346 shares during the last quarter. JPMorgan Chase & Co. grew its position in MSCI by 4.5% during the third quarter. JPMorgan Chase & Co. now owns 536,211 shares of the technology company's stock valued at $312,574,000 after buying an additional 23,050 shares during the period. Nvwm LLC grew its position in MSCI by 3,581.3% during the fourth quarter. Nvwm LLC now owns 1,767 shares of the technology company's stock valued at $1,060,000 after buying an additional 1,719 shares during the period. Merit Financial Group LLC grew its position in MSCI by 76.3% during the fourth quarter. Merit Financial Group LLC now owns 2,992 shares of the technology company's stock valued at $1,795,000 after buying an additional 1,295 shares during the period. Finally, Threadgill Financial LLC grew its position in MSCI by 255.4% during the fourth quarter. Threadgill Financial LLC now owns 1,283 shares of the technology company's stock valued at $770,000 after buying an additional 922 shares during the period. Hedge funds and other institutional investors own 89.97% of the company's stock.

Insider Activity

In other MSCI news, CEO Henry A. Fernandez bought 5,300 shares of the company's stock in a transaction on Monday, February 24th. The shares were bought at an average cost of $574.51 per share, with a total value of $3,044,903.00. Following the completion of the acquisition, the chief executive officer now owns 1,269,951 shares of the company's stock, valued at approximately $729,599,549.01. This trade represents a 0.42% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Cd Baer Pettit sold 5,000 shares of the stock in a transaction on Friday, April 4th. The stock was sold at an average price of $524.25, for a total transaction of $2,621,250.00. Following the sale, the chief operating officer now directly owns 294,787 shares in the company, valued at $154,542,084.75. This trade represents a 1.67% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 3.31% of the company's stock.

MSCI Price Performance

MSCI traded down $1.83 during midday trading on Friday, reaching $556.15. 379,892 shares of the company's stock were exchanged, compared to its average volume of 526,600. The business's 50-day moving average price is $548.96 and its 200 day moving average price is $579.66. The stock has a market capitalization of $43.03 billion, a PE ratio of 39.56, a P/E/G 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 posted its quarterly earnings data on Tuesday, April 22nd. The technology company reported $4.00 earnings per share for the quarter, beating analysts' consensus estimates of $3.88 by $0.12. MSCI had a net margin of 38.83% and a negative return on equity of 156.08%. The business had revenue of $745.83 million during the quarter, compared to analyst estimates of $746.45 million. As a group, analysts expect that MSCI Inc. will post 16.86 EPS for the current fiscal year.

MSCI Announces Dividend

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

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on MSCI. Bank of America began coverage on shares of MSCI in a research report on Thursday, April 10th. They issued a "neutral" rating and a $585.00 target price on the stock. Oppenheimer reiterated a "market perform" rating on shares of MSCI in a research report on Wednesday, April 23rd. Wells Fargo & Company dropped their target price on shares of MSCI from $532.00 to $530.00 and set an "equal weight" rating on the stock in a research report on Wednesday, April 16th. Royal Bank of Canada reiterated an "outperform" rating and issued a $675.00 target price on shares of MSCI in a research report on Wednesday, April 16th. Finally, Barclays lowered their price target on shares of MSCI from $675.00 to $650.00 and set an "overweight" rating on the stock in a research report on Friday, April 4th. Three analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Based on data from MarketBeat.com, MSCI presently has a consensus rating of "Moderate Buy" and an average target price of $645.36.

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.