Gen Wealth Partners Inc Acquires 294 Shares of MSCI Inc. (NYSE:MSCI)

Gen Wealth Partners Inc grew its holdings in MSCI Inc. (NYSE:MSCI) by 27.9% in the 4th quarter, HoldingsChannel.com reports. The fund owned 1,349 shares of the technology company’s stock after purchasing an additional 294 shares during the quarter. Gen Wealth Partners Inc’s holdings in MSCI were worth $810,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of MSCI. Graham Capital Management L.P. raised its stake in shares of MSCI by 23.3% in the 4th quarter. Graham Capital Management L.P. now owns 5,983 shares of the technology company’s stock valued at $3,590,000 after acquiring an additional 1,131 shares in the last quarter. Focus Partners Wealth grew its holdings in MSCI by 225.2% during the fourth quarter. Focus Partners Wealth now owns 22,451 shares of the technology company’s stock valued at $13,471,000 after purchasing an additional 15,547 shares during the last quarter. Ethic Inc. grew its holdings in MSCI by 9.5% during the fourth quarter. Ethic Inc. now owns 7,397 shares of the technology company’s stock valued at $4,438,000 after purchasing an additional 644 shares during the last quarter. Fiduciary Trust Co raised its position in shares of MSCI by 20.7% in the fourth quarter. Fiduciary Trust Co now owns 3,661 shares of the technology company’s stock valued at $2,197,000 after purchasing an additional 629 shares during the period. Finally, FJ Capital Management LLC lifted its stake in shares of MSCI by 115.5% in the fourth quarter. FJ Capital Management LLC now owns 1,045 shares of the technology company’s stock worth $627,000 after buying an additional 560 shares during the last quarter. Institutional investors and hedge funds own 89.97% of the company’s stock.

Insider Transactions at MSCI

In other news, CEO Henry A. Fernandez acquired 5,300 shares of the firm’s stock in a transaction on Monday, February 24th. The shares were purchased at an average cost of $574.51 per share, with a total value of $3,044,903.00. Following the completion of the purchase, the chief executive officer now owns 1,269,951 shares of the company’s stock, valued at $729,599,549.01. This represents a 0.42 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Cd Baer Pettit sold 5,000 shares of MSCI 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 completion of the transaction, the chief operating officer now owns 294,787 shares of the company’s stock, valued at $154,542,084.75. This trade represents a 1.67 % decrease in their position. The disclosure for this sale can be found here. 3.31% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Bank of America initiated coverage on shares of MSCI in a research note on Thursday, April 10th. They issued a “neutral” rating and a $585.00 target price on the stock. Barclays dropped their price objective on MSCI from $675.00 to $650.00 and set an “overweight” rating on the stock in a research note on Friday, April 4th. Wells Fargo & Company decreased their target price on MSCI from $532.00 to $530.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 16th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $675.00 price target on shares of MSCI in a research report on Wednesday, April 16th. Finally, Oppenheimer reissued a “market perform” rating on shares of MSCI in a research report on Wednesday, April 23rd. Three investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat.com, MSCI has an average rating of “Moderate Buy” and a consensus target price of $645.36.

MSCI Trading Down 0.3 %

Shares of NYSE MSCI opened at $556.15 on Friday. The firm has a market capitalization of $43.03 billion, a price-to-earnings ratio of 39.56, a PEG ratio of 2.61 and a beta of 1.33. MSCI Inc. has a one year low of $475.32 and a one year high of $642.45. The business has a fifty day simple moving average of $548.96 and a 200 day simple moving average of $579.85.

MSCI (NYSE:MSCI) last announced its quarterly earnings data on Tuesday, April 22nd. The technology company reported $4.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.88 by $0.12. The company had revenue of $745.83 million during the quarter, compared to analysts’ expectations of $746.45 million. MSCI had a net margin of 38.83% and a negative return on equity of 156.08%. On average, research analysts anticipate that MSCI Inc. will post 16.86 earnings per share for the current fiscal year.

MSCI Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Shareholders of record on Friday, May 16th will be issued a dividend of $1.80 per share. This represents a $7.20 dividend on an annualized basis and a yield of 1.29%. The ex-dividend date is Friday, May 16th. MSCI’s payout ratio is 49.48%.

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.