Public Employees Retirement System of Ohio Takes Position in MSCI Inc $MSCI

Public Employees Retirement System of Ohio acquired a new position in MSCI Inc (NYSE:MSCI) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 22,459 shares of the technology company’s stock, valued at approximately $12,578,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Ancora Advisors LLC acquired a new position in MSCI during the 2nd quarter valued at $27,000. Harvest Fund Management Co. Ltd acquired a new stake in MSCI in the 4th quarter worth $30,000. Elyxium Wealth LLC bought a new position in shares of MSCI during the 4th quarter worth about $34,000. Compound Global Advisors LLC bought a new position in shares of MSCI during the 2nd quarter worth about $34,000. Finally, SHP Wealth Management acquired a new position in shares of MSCI during the fourth quarter valued at about $36,000. Institutional investors own 89.97% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. Raymond James Financial lifted their target price on MSCI from $730.00 to $760.00 and gave the stock a “strong-buy” rating in a research report on Wednesday, July 8th. UBS Group set a $615.00 price target on MSCI in a report on Wednesday, July 22nd. Weiss Ratings downgraded MSCI from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 30th. Rothschild & Co Redburn set a $690.00 price objective on MSCI in a report on Thursday, June 18th. Finally, Barclays boosted their price objective on MSCI from $700.00 to $735.00 and gave the company an “overweight” rating in a research report on Friday, July 10th. One investment analyst has rated the stock with a Strong Buy rating and eleven have issued a Buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $709.50.

MSCI Price Performance

MSCI stock opened at $571.20 on Monday. The company has a market capitalization of $41.53 billion, a PE ratio of 31.25, a price-to-earnings-growth ratio of 2.18 and a beta of 1.23. MSCI Inc has a one year low of $501.08 and a one year high of $644.77. The business has a 50 day simple moving average of $579.52 and a 200 day simple moving average of $573.23.

MSCI (NYSE:MSCI) last announced its quarterly earnings results on Tuesday, July 21st. The technology company reported $4.94 earnings per share for the quarter, missing analysts’ consensus estimates of $4.99 by ($0.05). The company had revenue of $867.00 million during the quarter, compared to the consensus estimate of $870.71 million. MSCI had a net margin of 40.74% and a negative return on equity of 55.19%. The business’s revenue was up 12.2% on a year-over-year basis. During the same quarter last year, the company earned $4.17 earnings per share. Equities analysts anticipate that MSCI Inc will post 19.61 earnings per share for the current fiscal year.

MSCI Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Friday, August 14th were given a dividend of $2.05 per share. The ex-dividend date was Friday, August 14th. This represents a $8.20 dividend on an annualized basis and a dividend yield of 1.4%. MSCI’s dividend payout ratio (DPR) is 44.86%.

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.