Ownership Capital B.V. Has $151.10 Million Stock Position in MSCI Inc. (NYSE:MSCI)

Ownership Capital B.V. lessened its stake in shares of MSCI Inc. (NYSE:MSCI - Free Report) by 3.3% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 267,128 shares of the technology company's stock after selling 9,150 shares during the period. MSCI comprises about 3.4% of Ownership Capital B.V.'s portfolio, making the stock its 16th largest holding. Ownership Capital B.V. owned 0.34% of MSCI worth $151,101,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Exchange Traded Concepts LLC lifted its holdings in shares of MSCI by 348.7% in the third quarter. Exchange Traded Concepts LLC now owns 341 shares of the technology company's stock valued at $175,000 after purchasing an additional 265 shares in the last quarter. Caprock Group LLC lifted its holdings in shares of MSCI by 4.5% in the third quarter. Caprock Group LLC now owns 669 shares of the technology company's stock valued at $343,000 after purchasing an additional 29 shares in the last quarter. Czech National Bank lifted its holdings in shares of MSCI by 45.9% in the third quarter. Czech National Bank now owns 13,823 shares of the technology company's stock valued at $7,092,000 after purchasing an additional 4,346 shares in the last quarter. Asset Management One Co. Ltd. lifted its holdings in shares of MSCI by 3.2% in the third quarter. Asset Management One Co. Ltd. now owns 41,052 shares of the technology company's stock valued at $21,063,000 after purchasing an additional 1,291 shares in the last quarter. Finally, Apeiron RIA LLC lifted its holdings in shares of MSCI by 5.1% in the third quarter. Apeiron RIA LLC now owns 639 shares of the technology company's stock valued at $328,000 after purchasing an additional 31 shares in the last quarter. Institutional investors and hedge funds own 89.97% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on MSCI shares. Wells Fargo & Company increased their target price on MSCI from $615.00 to $660.00 and gave the company an "overweight" rating in a report on Wednesday, January 31st. Raymond James reiterated a "market perform" rating on shares of MSCI in a report on Friday, January 5th. Deutsche Bank Aktiengesellschaft upgraded MSCI from a "hold" rating to a "buy" rating and cut their price objective for the stock from $613.00 to $569.00 in a report on Wednesday. Redburn Atlantic lowered MSCI from a "neutral" rating to a "sell" rating and cut their price objective for the stock from $620.00 to $470.00 in a report on Tuesday, February 20th. Finally, Oppenheimer reiterated a "market perform" rating on shares of MSCI in a report on Wednesday. Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $562.87.

MSCI Stock Performance

Shares of NYSE:MSCI traded up $13.29 during midday trading on Friday, hitting $477.78. The company's stock had a trading volume of 1,040,942 shares, compared to its average volume of 758,208. The stock has a market capitalization of $37.85 billion, a price-to-earnings ratio of 32.61, a PEG ratio of 2.37 and a beta of 1.06. The stock's 50 day simple moving average is $541.71 and its 200 day simple moving average is $537.90. MSCI Inc. has a fifty-two week low of $439.95 and a fifty-two week high of $617.39.

MSCI (NYSE:MSCI - Get Free Report) last issued its quarterly earnings results on Tuesday, April 23rd. The technology company reported $3.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.44 by $0.08. The company had revenue of $680.00 million for the quarter, compared to the consensus estimate of $685.47 million. MSCI had a negative return on equity of 121.86% and a net margin of 44.55%. The firm's revenue was up 14.8% compared to the same quarter last year. During the same period last year, the business posted $3.14 earnings per share. As a group, analysts anticipate that MSCI Inc. will post 14.59 EPS for the current year.

MSCI Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 31st. Stockholders of record on Friday, May 17th will be given a $1.60 dividend. This represents a $6.40 annualized dividend and a dividend yield of 1.34%. The ex-dividend date is Thursday, May 16th. MSCI's dividend payout ratio is currently 43.69%.

Insider Activity

In related news, COO Cd Baer Pettit bought 7,500 shares of MSCI stock in a transaction that occurred on Thursday, April 25th. The stock was acquired at an average price of $459.41 per share, for a total transaction of $3,445,575.00. Following the completion of the purchase, the chief operating officer now owns 291,038 shares in the company, valued at $133,705,767.58. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, COO Cd Baer Pettit bought 7,500 shares of MSCI stock in a transaction that occurred on Thursday, April 25th. The stock was acquired at an average price of $459.41 per share, for a total transaction of $3,445,575.00. Following the completion of the purchase, the chief operating officer now owns 291,038 shares in the company, valued at $133,705,767.58. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Henry A. Fernandez bought 13,000 shares of MSCI stock in a transaction that occurred on Thursday, April 25th. The stock was bought at an average price of $465.92 per share, with a total value of $6,056,960.00. Following the purchase, the chief executive officer now owns 327,479 shares of the company's stock, valued at approximately $152,579,015.68. The disclosure for this purchase can be found here. 3.20% of the stock is currently owned by company insiders.

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.