MSCI Inc. (NYSE:MSCI) Shares Purchased by Hudson Bay Capital Management LP

Hudson Bay Capital Management LP grew its stake in MSCI Inc. (NYSE:MSCI - Free Report) by 526.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 110,114 shares of the technology company's stock after buying an additional 92,536 shares during the period. MSCI accounts for 0.2% of Hudson Bay Capital Management LP's holdings, making the stock its 25th biggest position. Hudson Bay Capital Management LP owned 0.14% of MSCI worth $66,070,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Johnson Financial Group Inc. lifted its position in MSCI by 293.8% during the fourth quarter. Johnson Financial Group Inc. now owns 63 shares of the technology company's stock valued at $38,000 after purchasing an additional 47 shares during the period. Compagnie Lombard Odier SCmA acquired a new position in MSCI during the fourth quarter valued at $41,000. Colonial Trust Co SC lifted its position in MSCI by 122.6% during the fourth quarter. Colonial Trust Co SC now owns 69 shares of the technology company's stock valued at $42,000 after purchasing an additional 38 shares during the period. Y.D. More Investments Ltd lifted its position in MSCI by 122.7% during the fourth quarter. Y.D. More Investments Ltd now owns 98 shares of the technology company's stock valued at $59,000 after purchasing an additional 54 shares during the period. Finally, Picton Mahoney Asset Management acquired a new position in MSCI during the fourth quarter valued at $60,000. Hedge funds and other institutional investors own 89.97% of the company's stock.

Analyst Ratings Changes

MSCI has been the subject of a number of research reports. Evercore ISI decreased their target price on shares of MSCI from $673.00 to $631.00 and set an "outperform" rating for the company in a research report on Wednesday, April 23rd. Barclays cut their price objective on shares of MSCI from $675.00 to $650.00 and set an "overweight" rating for the company in a report on Friday, April 4th. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $675.00 price objective on shares of MSCI in a report on Wednesday, April 16th. Wells Fargo & Company cut their price objective on shares of MSCI from $532.00 to $530.00 and set an "equal weight" rating for the company in a report on Wednesday, April 16th. Finally, Bank of America assumed coverage on shares of MSCI in a report on Thursday, April 10th. They issued a "neutral" rating and a $585.00 price objective for the company. Three research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $645.36.

Insider Activity

In other MSCI news, CEO Henry A. Fernandez acquired 5,300 shares of the stock in a transaction that occurred on Monday, February 24th. The stock was bought at an average cost of $574.51 per share, for a total transaction of $3,044,903.00. Following the completion of the transaction, the chief executive officer now owns 1,269,951 shares of the company's stock, valued at approximately $729,599,549.01. The trade was a 0.42% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, COO Cd Baer Pettit sold 5,000 shares of the stock in a transaction that occurred on Monday, May 5th. The stock was sold at an average price of $552.59, for a total value of $2,762,950.00. Following the completion of the transaction, the chief operating officer now owns 289,787 shares of the company's stock, valued at $160,133,398.33. The trade was a 1.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 3.31% of the company's stock.

MSCI Stock Performance

Shares of MSCI stock traded up $2.41 on Wednesday, reaching $566.28. 445,153 shares of the company were exchanged, compared to its average volume of 525,301. The business has a 50-day moving average price of $548.85 and a 200 day moving average price of $579.41. The company has a market cap of $43.81 billion, a price-to-earnings ratio of 40.28, 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 results on Tuesday, April 22nd. The technology company reported $4.00 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.88 by $0.12. The business had revenue of $745.83 million during the quarter, compared to analyst estimates of $746.45 million. MSCI had a negative return on equity of 156.08% and a net margin of 38.83%. As a group, equities analysts anticipate that MSCI Inc. will post 16.86 earnings per share for the current year.

MSCI Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Friday, May 16th will be given a $1.80 dividend. The ex-dividend date is Friday, May 16th. This represents a $7.20 dividend on an annualized basis and a dividend yield of 1.27%. MSCI's dividend payout ratio (DPR) is presently 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.