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Robeco Institutional Asset Management B.V. Sells 41,289 Shares of MSCI Inc. (NYSE:MSCI)

MSCI logo with Computer and Technology background

Robeco Institutional Asset Management B.V. reduced its stake in MSCI Inc. (NYSE:MSCI - Free Report) by 34.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 80,320 shares of the technology company's stock after selling 41,289 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.10% of MSCI worth $45,433,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Optiver Holding B.V. bought a new stake in MSCI during the third quarter valued at $26,000. ORG Partners LLC boosted its stake in MSCI by 5,600.0% during the third quarter. ORG Partners LLC now owns 57 shares of the technology company's stock valued at $29,000 after buying an additional 56 shares during the period. Headinvest LLC bought a new stake in MSCI during the third quarter valued at $30,000. American National Bank boosted its stake in MSCI by 1,300.0% during the fourth quarter. American National Bank now owns 70 shares of the technology company's stock valued at $40,000 after buying an additional 65 shares during the period. Finally, First United Bank & Trust bought a new stake in MSCI during the fourth quarter valued at $48,000. 89.97% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. Wells Fargo & Company lifted their price objective on MSCI from $615.00 to $660.00 and gave the company an "overweight" rating in a research note on Wednesday, January 31st. StockNews.com lowered MSCI from a "buy" rating to a "hold" rating in a research note on Tuesday, February 20th. Bank of America raised MSCI from an "underperform" rating to a "neutral" rating and lifted their price target for the stock from $425.00 to $525.00 in a research note on Tuesday, April 30th. Redburn Atlantic raised MSCI from a "neutral" rating to a "buy" rating and set a $485.00 price target for the company in a research note on Monday, May 13th. Finally, The Goldman Sachs Group dropped their price target on MSCI from $615.00 to $526.00 and set a "neutral" rating for the company in a research note on Wednesday, April 24th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and ten have assigned a buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $570.53.


Get Our Latest Research Report on MSCI

MSCI Trading Up 1.6 %

Shares of MSCI stock traded up $7.82 during midday trading on Friday, reaching $505.33. 878,543 shares of the stock were exchanged, compared to its average volume of 1,063,311. MSCI Inc. has a 1 year low of $439.95 and a 1 year high of $617.39. The company's 50 day moving average is $517.77 and its two-hundred day moving average is $535.73. The firm has a market cap of $40.03 billion, a PE ratio of 34.49, a price-to-earnings-growth ratio of 2.58 and a beta of 1.09.

MSCI (NYSE:MSCI - Get Free Report) last issued its quarterly earnings results on Tuesday, April 23rd. The technology company reported $3.52 EPS for the quarter, topping analysts' consensus estimates of $3.44 by $0.08. MSCI had a negative return on equity of 121.86% and a net margin of 44.55%. The firm had revenue of $680.00 million for the quarter, compared to analysts' expectations of $685.47 million. During the same period in the previous year, the firm posted $3.14 EPS. The business's revenue for the quarter was up 14.8% compared to the same quarter last year. As a group, equities analysts expect that MSCI Inc. will post 14.66 EPS for the current fiscal year.

MSCI Dividend Announcement

The business 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. The ex-dividend date is Thursday, May 16th. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.27%. MSCI's dividend payout ratio is currently 43.69%.

Insider Transactions at MSCI

In other MSCI news, COO Cd Baer Pettit acquired 7,500 shares of the stock in a transaction that occurred on Thursday, April 25th. The shares were acquired at an average cost of $459.41 per share, with a total value of $3,445,575.00. Following the transaction, the chief operating officer now owns 291,038 shares of the company's stock, valued at approximately $133,705,767.58. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other MSCI news, COO Cd Baer Pettit acquired 7,500 shares of the stock in a transaction that occurred on Thursday, April 25th. The shares were acquired at an average cost of $459.41 per share, with a total value of $3,445,575.00. Following the transaction, the chief operating officer now owns 291,038 shares of the company's stock, valued at approximately $133,705,767.58. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Scott A. Crum sold 9,000 shares of the business's stock in a transaction on Tuesday, April 30th. The shares were sold at an average price of $471.69, for a total transaction of $4,245,210.00. Following the sale, the insider now owns 12,831 shares of the company's stock, valued at $6,052,254.39. The disclosure for this sale can be found here. Insiders own 3.20% of the company's stock.

About MSCI

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding MSCI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for MSCI Inc. (NYSE:MSCI - Free Report).

Institutional Ownership by Quarter for MSCI (NYSE:MSCI)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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