Three Seasons Wealth LLC Purchases Shares of 1,372 MSCI Inc. (NYSE:MSCI)

Three Seasons Wealth LLC acquired a new stake in shares of MSCI Inc. (NYSE:MSCI) in the fourth quarter, Holdings Channel.com reports. The firm acquired 1,372 shares of the technology company’s stock, valued at approximately $823,000.

Other hedge funds have also recently modified their holdings of the company. Geode Capital Management LLC raised its position in MSCI by 1.9% during the fourth quarter. Geode Capital Management LLC now owns 1,897,456 shares of the technology company’s stock valued at $1,136,563,000 after acquiring an additional 35,094 shares in the last quarter. Principal Financial Group Inc. lifted its stake in shares of MSCI by 8.0% in the 4th quarter. Principal Financial Group Inc. now owns 1,613,005 shares of the technology company’s stock valued at $967,820,000 after purchasing an additional 119,471 shares during the period. Fiera Capital Corp boosted its holdings in MSCI by 4.5% during the fourth quarter. Fiera Capital Corp now owns 1,148,615 shares of the technology company’s stock worth $689,180,000 after buying an additional 49,679 shares in the last quarter. Norges Bank purchased a new stake in MSCI during the fourth quarter worth $609,937,000. Finally, FMR LLC grew its position in MSCI by 3.1% during the fourth quarter. FMR LLC now owns 853,452 shares of the technology company’s stock valued at $512,079,000 after buying an additional 25,325 shares during the period. Hedge funds and other institutional investors own 89.97% of the company’s stock.

Insider Buying and Selling

In related news, CEO Henry A. Fernandez bought 5,300 shares of the business’s stock in a transaction on Monday, February 24th. The stock was acquired at an average cost of $574.51 per share, with a total value of $3,044,903.00. Following the purchase, the chief executive officer now directly owns 1,269,951 shares of the company’s stock, valued at $729,599,549.01. The trade was a 0.42 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, COO Cd Baer Pettit sold 5,000 shares of MSCI stock in a transaction on Friday, April 4th. The stock was sold at an average price of $524.25, for a total value of $2,621,250.00. Following the transaction, the chief operating officer now owns 294,787 shares in the company, valued at approximately $154,542,084.75. This represents a 1.67 % decrease in their position. The disclosure for this sale can be found here. 3.31% of the stock is currently owned by company insiders.

MSCI Stock Performance

Shares of MSCI stock opened at $530.13 on Friday. MSCI Inc. has a fifty-two week low of $458.69 and a fifty-two week high of $642.45. The firm has a market capitalization of $41.17 billion, a P/E ratio of 37.70, a PEG ratio of 2.61 and a beta of 1.30. The stock’s fifty day moving average is $555.78 and its two-hundred day moving average is $584.22.

MSCI (NYSE:MSCI) last posted its quarterly earnings results on Tuesday, April 22nd. The technology company reported $4.00 earnings per share for the quarter, topping analysts’ consensus estimates of $3.88 by $0.12. The firm had revenue of $745.83 million for the quarter, compared to analyst estimates of $746.45 million. MSCI had a net margin of 38.83% and a negative return on equity of 156.08%. On average, equities analysts forecast 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. Investors of record on Friday, May 16th will be issued a $1.80 dividend. The ex-dividend date of this dividend is Friday, May 16th. This represents a $7.20 annualized dividend and a dividend yield of 1.36%. MSCI’s dividend payout ratio is presently 49.48%.

Wall Street Analyst Weigh In

A number of brokerages have weighed in 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 price objective for the company. JPMorgan Chase & Co. lowered their price target on MSCI from $680.00 to $650.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 16th. Barclays dropped their price objective on MSCI from $675.00 to $650.00 and set an “overweight” rating on the stock in a report on Friday, April 4th. Wells Fargo & Company reduced their target price on MSCI from $532.00 to $530.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 16th. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a $675.00 price target on shares of MSCI in a report on Wednesday, April 16th. Three analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat.com, MSCI has an average rating of “Moderate Buy” and a consensus price target 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.