Flossbach Von Storch AG Trims Stake in MSCI Inc. (NYSE:MSCI)

Flossbach Von Storch AG decreased its stake in shares of MSCI Inc. (NYSE:MSCI - Free Report) by 3.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 207,968 shares of the technology company's stock after selling 7,253 shares during the period. Flossbach Von Storch AG owned 0.26% of MSCI worth $117,637,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. Quent Capital LLC lifted its stake in shares of MSCI by 23.5% during the fourth quarter. Quent Capital LLC now owns 100 shares of the technology company's stock worth $57,000 after purchasing an additional 19 shares in the last quarter. KB Financial Partners LLC boosted its holdings in MSCI by 8.1% in the 2nd quarter. KB Financial Partners LLC now owns 253 shares of the technology company's stock worth $119,000 after acquiring an additional 19 shares during the period. Balentine LLC raised its stake in shares of MSCI by 3.6% during the third quarter. Balentine LLC now owns 572 shares of the technology company's stock valued at $293,000 after purchasing an additional 20 shares during the period. Penserra Capital Management LLC boosted its stake in shares of MSCI by 5.4% in the fourth quarter. Penserra Capital Management LLC now owns 412 shares of the technology company's stock valued at $190,000 after purchasing an additional 21 shares during the period. Finally, Angeles Wealth Management LLC grew its holdings in MSCI by 2.1% during the 4th quarter. Angeles Wealth Management LLC now owns 1,027 shares of the technology company's stock valued at $478,000 after purchasing an additional 21 shares in the last quarter. 89.97% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have recently weighed in on MSCI shares. Oppenheimer lowered their target price on MSCI from $659.00 to $648.00 and set an "outperform" rating for the company in a research note on Tuesday, April 9th. Edward Jones began coverage on MSCI in a research report on Friday, December 22nd. They issued a "buy" rating on the stock. StockNews.com cut MSCI from a "buy" rating to a "hold" rating in a research note on Tuesday, February 20th. Raymond James restated a "market perform" rating on shares of MSCI in a research note on Friday, January 5th. Finally, Redburn Atlantic downgraded shares of MSCI from a "neutral" rating to a "sell" rating and reduced their price objective for the company from $620.00 to $470.00 in a research note on Tuesday, February 20th. Three investment analysts have rated the stock with a sell rating, five have issued a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $581.57.

MSCI Price Performance

MSCI traded down $1.60 during midday trading on Wednesday, hitting $511.83. 447,325 shares of the company's stock traded hands, compared to its average volume of 446,908. The company has a market cap of $40.55 billion, a PE ratio of 35.54, a price-to-earnings-growth ratio of 2.57 and a beta of 1.06. The stock's fifty day simple moving average is $555.25 and its 200-day simple moving average is $539.07. MSCI Inc. has a one year low of $451.55 and a one year high of $617.39.

MSCI (NYSE:MSCI - Get Free Report) last released its quarterly earnings results on Tuesday, January 30th. The technology company reported $3.68 earnings per share for the quarter, beating analysts' consensus estimates of $3.29 by $0.39. The business had revenue of $690.11 million for the quarter, compared to the consensus estimate of $662.64 million. MSCI had a net margin of 45.42% and a negative return on equity of 111.17%. MSCI's revenue for the quarter was up 19.8% on a year-over-year basis. During the same quarter last year, the firm earned $2.84 EPS. On average, research analysts expect that MSCI Inc. will post 14.84 EPS for the current year.

MSCI Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, February 29th. Stockholders of record on Friday, February 16th were given a $1.60 dividend. This is a positive change from MSCI's previous quarterly dividend of $1.38. The ex-dividend date of this dividend was Thursday, February 15th. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.25%. MSCI's dividend payout ratio (DPR) is currently 44.44%.

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.

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