Aurora Investment Managers LLC. Takes Position in MSCI Inc $MSCI

Aurora Investment Managers LLC. purchased a new position in MSCI Inc (NYSE:MSCI) during the 2nd quarter, HoldingsChannel reports. The firm purchased 3,393 shares of the technology company’s stock, valued at approximately $1,900,000. MSCI comprises approximately 1.2% of Aurora Investment Managers LLC.’s investment portfolio, making the stock its 26th biggest holding.

Other institutional investors and hedge funds also recently modified their holdings of the company. Mowery & Schoenfeld Wealth Management LLC grew its position in MSCI by 341.7% during the 4th quarter. Mowery & Schoenfeld Wealth Management LLC now owns 53 shares of the technology company’s stock worth $30,000 after purchasing an additional 41 shares in the last quarter. Harvest Fund Management Co. Ltd acquired a new stake in shares of MSCI during the 4th quarter valued at about $30,000. Eagle Bay Advisors LLC bought a new stake in MSCI in the fourth quarter worth approximately $34,000. Elyxium Wealth LLC bought a new position in MSCI during the fourth quarter valued at about $34,000. Finally, SHP Wealth Management bought a new position in shares of MSCI in the 4th quarter valued at approximately $36,000. Institutional investors and hedge funds own 89.97% of the company’s stock.

MSCI Stock Performance

Shares of MSCI stock opened at $562.17 on Friday. The firm has a market cap of $40.87 billion, a PE ratio of 30.75, a P/E/G ratio of 2.16 and a beta of 1.23. The business’s 50 day simple moving average is $592.22 and its 200 day simple moving average is $575.78. MSCI Inc has a 52-week low of $501.08 and a 52-week high of $644.77.

MSCI (NYSE:MSCI) last announced its earnings results on Tuesday, July 21st. The technology company reported $4.94 EPS for the quarter, missing the consensus estimate of $4.99 by ($0.05). MSCI had a negative return on equity of 55.19% and a net margin of 40.74%.The business had revenue of $867.00 million for the quarter, compared to analyst estimates of $870.71 million. During the same quarter in the previous year, the company posted $4.17 EPS. The business’s revenue for the quarter was up 12.2% compared to the same quarter last year. As a group, equities research analysts predict that MSCI Inc will post 19.61 EPS for the current year.

MSCI Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 14th will be paid a $2.05 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $8.20 annualized dividend and a dividend yield of 1.5%. MSCI’s dividend payout ratio (DPR) is currently 44.86%.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. Rothschild & Co Redburn set a $690.00 price objective on MSCI in a research report on Thursday, June 18th. Wells Fargo & Company dropped their price target on shares of MSCI from $700.00 to $690.00 and set an “overweight” rating for the company in a research report on Wednesday, July 22nd. Barclays raised their price objective on shares of MSCI from $700.00 to $735.00 and gave the stock an “overweight” rating in a report on Friday, July 10th. JPMorgan Chase & Co. increased their price target on shares of MSCI from $700.00 to $742.00 and gave the company an “overweight” rating in a research note on Monday, July 20th. Finally, Weiss Ratings lowered MSCI from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating and eleven have given a Buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $709.50.

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.