Two Sigma Securities LLC Invests $3.19 Million in MSCI Inc $MSCI

Two Sigma Securities LLC purchased a new stake in MSCI Inc (NYSE:MSCI) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 5,691 shares of the technology company’s stock, valued at approximately $3,187,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Norges Bank purchased a new position in MSCI in the 4th quarter valued at about $528,560,000. Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust purchased a new stake in MSCI during the 4th quarter worth approximately $13,636,000. SBI Okasan Asset Management Co.Ltd. purchased a new stake in MSCI during the 4th quarter worth approximately $1,406,000. FourThought Financial Partners LLC raised its holdings in shares of MSCI by 19.0% during the fourth quarter. FourThought Financial Partners LLC now owns 11,674 shares of the technology company’s stock valued at $6,697,000 after acquiring an additional 1,862 shares during the last quarter. Finally, MUFG Securities EMEA plc raised its holdings in shares of MSCI by 5,509.7% during the fourth quarter. MUFG Securities EMEA plc now owns 83,080 shares of the technology company’s stock valued at $47,665,000 after acquiring an additional 81,599 shares during the last quarter. Hedge funds and other institutional investors own 89.97% of the company’s stock.

MSCI Price Performance

MSCI stock opened at $571.20 on Monday. The business has a 50 day simple moving average of $579.52 and a 200-day simple moving average of $573.23. The firm 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 1 year low of $501.08 and a 1 year high of $644.77.

MSCI (NYSE:MSCI) last posted its quarterly 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). The company had revenue of $867.00 million during the quarter, compared to analyst estimates of $870.71 million. MSCI had a net margin of 40.74% and a negative return on equity of 55.19%. MSCI’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same period in the prior year, the business posted $4.17 EPS. On average, equities research analysts expect that MSCI Inc will post 19.61 EPS for the current year.

MSCI Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Friday, August 14th were issued a dividend of $2.05 per share. This represents a $8.20 annualized dividend and a dividend yield of 1.4%. The ex-dividend date was Friday, August 14th. MSCI’s payout ratio is currently 44.86%.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on MSCI. JPMorgan Chase & Co. lifted their price target on MSCI from $700.00 to $742.00 and gave the stock an “overweight” rating in a research note on Monday, July 20th. Raymond James Financial increased their price objective on MSCI from $730.00 to $760.00 and gave the company a “strong-buy” rating in a research note on Wednesday, July 8th. Bank of America raised their price objective on MSCI from $715.00 to $730.00 and gave the company a “buy” rating in a report on Friday, July 10th. Jefferies Financial Group began coverage on shares of MSCI in a research note on Friday, July 17th. They set a “buy” rating and a $760.00 target price on the stock. Finally, Evercore set a $722.00 target price on shares of MSCI in a research report on Wednesday, July 22nd. One analyst has rated the stock with a Strong Buy rating and eleven have assigned a Buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $709.50.

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.