United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund Purchases 3,300 Shares of MSCI Inc $MSCI

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund grew its position in MSCI Inc (NYSE:MSCI) by 3.5% during the fourth quarter, HoldingsChannel reports. The firm owned 98,135 shares of the technology company’s stock after buying an additional 3,300 shares during the period. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund’s holdings in MSCI were worth $56,303,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of MSCI. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in shares of MSCI by 499.3% in the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 874,882 shares of the technology company’s stock valued at $496,417,000 after purchasing an additional 728,900 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of MSCI by 36.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,069,180 shares of the technology company’s stock valued at $606,674,000 after purchasing an additional 282,859 shares during the last quarter. Banque Pictet & Cie SA boosted its stake in shares of MSCI by 103.3% in the 4th quarter. Banque Pictet & Cie SA now owns 523,035 shares of the technology company’s stock valued at $300,081,000 after purchasing an additional 265,750 shares during the last quarter. Bamco Inc. NY boosted its stake in shares of MSCI by 10.3% in the 3rd quarter. Bamco Inc. NY now owns 2,394,117 shares of the technology company’s stock valued at $1,358,446,000 after purchasing an additional 223,784 shares during the last quarter. Finally, Vanguard Group Inc. boosted its stake in shares of MSCI by 1.7% in the 3rd quarter. Vanguard Group Inc. now owns 9,674,093 shares of the technology company’s stock valued at $5,489,177,000 after purchasing an additional 165,851 shares during the last quarter. 89.97% of the stock is owned by institutional investors.

Insider Buying and Selling at MSCI

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

MSCI Trading Up 3.6%

MSCI opened at $625.12 on Friday. The company’s fifty day moving average price is $568.53 and its two-hundred day moving average price is $566.68. MSCI Inc has a 1-year low of $501.08 and a 1-year high of $627.01. The company has a market cap of $45.51 billion, a price-to-earnings ratio of 35.70, a PEG ratio of 2.28 and a beta of 1.24.

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

MSCI Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 15th will be issued a dividend of $2.05 per share. The ex-dividend date is Friday, May 15th. This represents a $8.20 annualized dividend and a yield of 1.3%. MSCI’s dividend payout ratio is presently 46.83%.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. Barclays reiterated an “overweight” rating on shares of MSCI in a research report on Thursday, January 29th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $715.00 target price on shares of MSCI in a research report on Thursday, January 29th. Bank of America assumed coverage on shares of MSCI in a research report on Tuesday, February 17th. They set a “buy” rating and a $700.00 target price on the stock. Evercore boosted their target price on shares of MSCI from $655.00 to $690.00 and gave the company an “outperform” rating in a research report on Thursday, January 29th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $655.00 target price on shares of MSCI in a research report on Wednesday, April 22nd. One research analyst has rated the stock with a Strong Buy rating and ten have assigned a Buy rating to the company. According to MarketBeat, the stock has an average rating of “Buy” and an average target price of $697.70.

About MSCI

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.