Tudor Investment Corp ET AL increased its position in shares of MSCI Inc. (NYSE:MSCI – Free Report) by 30.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 50,271 shares of the technology company’s stock after purchasing an additional 11,835 shares during the period. Tudor Investment Corp ET AL owned about 0.06% of MSCI worth $30,163,000 at the end of the most recent reporting period.
A number of other large investors have also recently bought and sold shares of MSCI. CWA Asset Management Group LLC raised its holdings in MSCI by 4.2% during the fourth quarter. CWA Asset Management Group LLC now owns 418 shares of the technology company’s stock worth $251,000 after acquiring an additional 17 shares in the last quarter. Angeles Wealth Management LLC raised its stake in shares of MSCI by 3.6% during the 4th quarter. Angeles Wealth Management LLC now owns 492 shares of the technology company’s stock worth $295,000 after purchasing an additional 17 shares in the last quarter. Bleakley Financial Group LLC boosted its holdings in shares of MSCI by 0.9% in the 4th quarter. Bleakley Financial Group LLC now owns 2,044 shares of the technology company’s stock valued at $1,227,000 after buying an additional 19 shares during the last quarter. Perigon Wealth Management LLC grew its stake in shares of MSCI by 3.6% in the fourth quarter. Perigon Wealth Management LLC now owns 575 shares of the technology company’s stock valued at $351,000 after buying an additional 20 shares in the last quarter. Finally, Trivant Custom Portfolio Group LLC raised its position in MSCI by 0.6% during the fourth quarter. Trivant Custom Portfolio Group LLC now owns 3,325 shares of the technology company’s stock worth $1,995,000 after acquiring an additional 21 shares in the last quarter. 89.97% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
A number of equities research analysts have recently issued reports on MSCI shares. JPMorgan Chase & Co. dropped their target price on shares of MSCI from $680.00 to $650.00 and set an “overweight” rating on the stock in a report on Wednesday, April 16th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $675.00 price objective on shares of MSCI in a research report on Wednesday, April 16th. Oppenheimer reissued a “market perform” rating on shares of MSCI in a report on Wednesday. Evercore ISI cut their price target on MSCI from $673.00 to $631.00 and set an “outperform” rating for the company in a report on Wednesday, April 23rd. Finally, Barclays dropped their price objective on shares of MSCI from $675.00 to $650.00 and set an “overweight” rating on the stock in a research report on Friday, April 4th. Three investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $645.36.
MSCI Trading Up 1.0 %
Shares of NYSE:MSCI opened at $535.66 on Monday. The stock has a market capitalization of $41.60 billion, a PE ratio of 38.10, a PEG ratio of 2.61 and a beta of 1.30. The firm has a 50 day moving average of $555.04 and a 200-day moving average of $583.54. MSCI Inc. has a 12 month low of $458.69 and a 12 month high of $642.45.
MSCI (NYSE:MSCI – Get Free Report) last released its earnings results on Tuesday, April 22nd. The technology company reported $4.00 earnings per share for the quarter, topping the consensus estimate of $3.88 by $0.12. MSCI had a negative return on equity of 156.08% and a net margin of 38.83%. The firm had revenue of $745.83 million during the quarter, compared to analysts’ expectations of $746.45 million. On average, research analysts predict that MSCI Inc. will post 16.86 EPS for the current fiscal year.
MSCI Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, May 30th. Shareholders of record on Friday, May 16th will be paid a dividend of $1.80 per share. This represents a $7.20 annualized dividend and a yield of 1.34%. The ex-dividend date is Friday, May 16th. MSCI’s payout ratio is 49.48%.
Insider Transactions at MSCI
In other MSCI news, COO Cd Baer Pettit sold 5,000 shares of the business’s stock in a transaction that occurred on Friday, April 4th. The shares were sold at an average price of $524.25, for a total transaction of $2,621,250.00. Following the sale, the chief operating officer now directly owns 294,787 shares of the company’s stock, valued at $154,542,084.75. The trade was a 1.67 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Henry A. Fernandez acquired 5,300 shares of the firm’s stock in a transaction that occurred on Monday, February 24th. The stock was bought at an average price of $574.51 per share, with a total value of $3,044,903.00. Following the completion of the acquisition, the chief executive officer now directly owns 1,269,951 shares of the company’s stock, valued at $729,599,549.01. This trade represents a 0.42 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 3.31% of the company’s stock.
About MSCI
MSCI Inc, together with its subsidiaries, provides critical decision support tools and solutions for the investment community to manage investment processes worldwide. The Index segment provides indexes for use in various areas of the investment process, including indexed financial product, such as ETFs, mutual funds, annuities, futures, options, structured products, and over-the-counter derivatives; performance benchmarking; portfolio construction and rebalancing; and asset allocation, as well as licenses GICS and GICS Direct.
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