Pathstone Holdings LLC Sells 85 Shares of MSCI Inc. (NYSE:MSCI)

Pathstone Holdings LLC trimmed its position in shares of MSCI Inc. (NYSE:MSCI) by 0.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 15,156 shares of the technology company’s stock after selling 85 shares during the period. Pathstone Holdings LLC’s holdings in MSCI were worth $9,094,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Mufg Securities Americas Inc. bought a new position in shares of MSCI in the fourth quarter worth $694,000. Man Group plc boosted its holdings in shares of MSCI by 62.9% in the fourth quarter. Man Group plc now owns 181,033 shares of the technology company’s stock worth $108,622,000 after acquiring an additional 69,915 shares during the period. Nomura Holdings Inc. bought a new position in shares of MSCI in the fourth quarter worth $1,550,000. NorthRock Partners LLC bought a new position in shares of MSCI in the fourth quarter worth $556,000. Finally, OMERS ADMINISTRATION Corp boosted its holdings in shares of MSCI by 20.2% in the fourth quarter. OMERS ADMINISTRATION Corp now owns 3,302 shares of the technology company’s stock worth $1,981,000 after acquiring an additional 556 shares during the period. 89.97% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $675.00 price target on shares of MSCI in a report on Wednesday, April 16th. Wells Fargo & Company cut their price target on MSCI from $532.00 to $530.00 and set an “equal weight” rating for the company in a report on Wednesday, April 16th. Oppenheimer reiterated a “market perform” rating on shares of MSCI in a research report on Wednesday, April 23rd. Bank of America started coverage on MSCI in a research report on Thursday, April 10th. They issued a “neutral” rating and a $585.00 price objective on the stock. Finally, Evercore ISI lowered their price objective on MSCI from $673.00 to $631.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 23rd. Three analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $645.36.

MSCI Stock Down 0.7%

NYSE MSCI opened at $571.26 on Friday. The stock’s 50-day simple moving average is $550.12 and its two-hundred day simple moving average is $579.13. MSCI Inc. has a twelve month low of $475.32 and a twelve month high of $642.45. The company has a market capitalization of $44.20 billion, a price-to-earnings ratio of 40.63, a PEG ratio of 2.61 and a beta of 1.33.

MSCI (NYSE:MSCI) last released its quarterly earnings results on Tuesday, April 22nd. The technology company reported $4.00 earnings per share for the quarter, beating analysts’ consensus estimates of $3.88 by $0.12. MSCI had a negative return on equity of 156.08% and a net margin of 38.83%. The business had revenue of $745.83 million for the quarter, compared to the consensus estimate of $746.45 million. On average, equities analysts expect that MSCI Inc. will post 16.86 earnings per share for the current fiscal year.

MSCI Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Shareholders of record on Friday, May 16th will be given a dividend of $1.80 per share. The ex-dividend date of this dividend is Friday, May 16th. This represents a $7.20 dividend on an annualized basis and a yield of 1.26%. MSCI’s payout ratio is 49.48%.

Insider Buying and Selling at MSCI

In other news, COO Cd Baer Pettit sold 5,000 shares of MSCI stock in a transaction dated 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 transaction, the chief operating officer now owns 289,787 shares in the company, valued at approximately $160,133,398.33. The trade was a 1.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Henry A. Fernandez acquired 5,300 shares of the firm’s stock in a transaction dated Monday, February 24th. The stock was bought at an average price of $574.51 per share, for a total transaction of $3,044,903.00. Following the acquisition, the chief executive officer now owns 1,269,951 shares of the company’s stock, valued at approximately $729,599,549.01. This trade represents a 0.42% increase in their position. The disclosure for this purchase can be found here. Company insiders own 3.31% of the company’s stock.

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.