MSCI Inc $MSCI Shares Purchased by FourThought Financial Partners LLC

FourThought Financial Partners LLC boosted its holdings in MSCI Inc (NYSE:MSCI) by 19.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 11,674 shares of the technology company’s stock after buying an additional 1,862 shares during the quarter. FourThought Financial Partners LLC’s holdings in MSCI were worth $6,697,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Root Financial Partners LLC acquired a new stake in shares of MSCI in the third quarter valued at about $28,000. Mowery & Schoenfeld Wealth Management LLC boosted its holdings in MSCI by 341.7% in the fourth quarter. Mowery & Schoenfeld Wealth Management LLC now owns 53 shares of the technology company’s stock valued at $30,000 after purchasing an additional 41 shares during the last quarter. Eagle Bay Advisors LLC purchased a new position in MSCI in the fourth quarter valued at about $34,000. Elyxium Wealth LLC purchased a new position in MSCI in the fourth quarter valued at about $34,000. Finally, Strategic Wealth Investment Group LLC purchased a new position in MSCI in the second quarter valued at about $36,000. 89.97% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at MSCI

In related news, CFO Andrew C. Wiechmann sold 450 shares of the firm’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $560.00, for a total value of $252,000.00. Following the sale, the chief financial officer directly owned 22,544 shares in the company, valued at $12,624,640. This trade represents a 1.96% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Alvise J. Munari sold 10,000 shares of MSCI stock in a transaction on Friday, April 24th. The shares were sold at an average price of $592.04, for a total value of $5,920,400.00. Following the transaction, the insider owned 23,548 shares in the company, valued at approximately $13,941,357.92. This trade represents a 29.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 3.76% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Royal Bank Of Canada reissued an “outperform” rating and issued a $655.00 price target on shares of MSCI in a report on Wednesday, April 22nd. Raymond James Financial reissued a “strong-buy” rating and issued a $730.00 price target on shares of MSCI in a report on Tuesday, April 21st. Wells Fargo & Company increased their price target on MSCI from $545.00 to $650.00 and gave the company an “equal weight” rating in a report on Wednesday, April 22nd. UBS Group increased their price target on MSCI from $710.00 to $720.00 and gave the company a “buy” rating in a report on Wednesday, April 22nd. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $715.00 price target on shares of MSCI in a report on Thursday, January 29th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $692.70.

MSCI Trading Up 0.9%

Shares of NYSE MSCI opened at $583.07 on Thursday. The company has a market cap of $42.45 billion, a price-to-earnings ratio of 33.30, a price-to-earnings-growth ratio of 2.18 and a beta of 1.24. MSCI Inc has a 12-month low of $501.08 and a 12-month high of $626.28. The stock’s 50 day simple moving average is $562.77 and its 200 day simple moving average is $565.96.

MSCI (NYSE:MSCI) last posted its earnings results on Tuesday, April 21st. The technology company reported $4.55 EPS for the quarter, beating the consensus estimate of $4.38 by $0.17. MSCI had a negative return on equity of 65.48% and a net margin of 40.74%.The firm had revenue of $850.80 million for the quarter, compared to analysts’ expectations of $830.91 million. During the same period last year, the firm earned $4.00 EPS. The firm’s revenue was up 14.1% compared to the same quarter last year. As a group, equities analysts forecast that MSCI Inc will post 19.62 earnings per share for the current fiscal year.

MSCI Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 15th will be given a $2.05 dividend. This represents a $8.20 annualized dividend and a yield of 1.4%. The ex-dividend date is Friday, May 15th. MSCI’s dividend payout ratio (DPR) is currently 46.83%.

MSCI Profile

MSCI Inc is a global provider of investment decision support tools and services for the financial industry. The company is best known for its family of market indexes, which are widely used as benchmarks by asset managers and as the basis for exchange-traded funds and other passive products. In addition to index construction and licensing, MSCI offers portfolio analytics, risk models, factor and performance attribution tools, and a suite of data and technology solutions designed to support portfolio management and trading.

Beyond traditional indexing and risk analytics, MSCI has expanded into environmental, social and governance (ESG) research and ratings, offering data, scores and screening tools that help investors integrate sustainability considerations into investment processes.