Wellington Wealth Strategies LLC. Acquires 187 Shares of MSCI Inc. (NYSE:MSCI)

Wellington Wealth Strategies LLC. boosted its holdings in shares of MSCI Inc. (NYSE:MSCI) by 7.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,571 shares of the technology company’s stock after purchasing an additional 187 shares during the quarter. MSCI comprises about 1.4% of Wellington Wealth Strategies LLC.’s investment portfolio, making the stock its 27th largest position. Wellington Wealth Strategies LLC.’s holdings in MSCI were worth $1,471,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the business. Johnson Financial Group Inc. boosted its stake in MSCI by 293.8% during the fourth quarter. Johnson Financial Group Inc. now owns 63 shares of the technology company’s stock worth $38,000 after buying an additional 47 shares during the period. Compagnie Lombard Odier SCmA bought a new stake in shares of MSCI in the 4th quarter worth about $41,000. Colonial Trust Co SC lifted its holdings in shares of MSCI by 122.6% in the 4th quarter. Colonial Trust Co SC now owns 69 shares of the technology company’s stock worth $42,000 after acquiring an additional 38 shares during the last quarter. Y.D. More Investments Ltd boosted its stake in shares of MSCI by 122.7% during the 4th quarter. Y.D. More Investments Ltd now owns 98 shares of the technology company’s stock worth $59,000 after purchasing an additional 54 shares during the period. Finally, LRI Investments LLC grew its holdings in MSCI by 125.0% during the 4th quarter. LRI Investments LLC now owns 99 shares of the technology company’s stock valued at $60,000 after purchasing an additional 55 shares during the last quarter. Institutional investors own 89.97% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on MSCI shares. Oppenheimer reissued a “market perform” rating on shares of MSCI in a research report on Wednesday, April 23rd. Wells Fargo & Company decreased their price target 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. JPMorgan Chase & Co. dropped their price objective on MSCI from $680.00 to $650.00 and set an “overweight” rating for the company in a report on Wednesday, April 16th. Bank of America started coverage on MSCI in a research note on Thursday, April 10th. They issued a “neutral” rating and a $585.00 target price on the stock. Finally, Royal Bank of Canada reiterated an “outperform” rating and set a $675.00 target price on shares of MSCI in a research report on Wednesday, April 16th. Three investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $645.36.

MSCI Price Performance

MSCI stock opened at $572.45 on Tuesday. MSCI Inc. has a 1-year low of $475.32 and a 1-year high of $642.45. The business has a 50-day moving average price of $550.69 and a 200 day moving average price of $579.22. The company has a market capitalization of $44.29 billion, a P/E ratio of 40.71, a PEG ratio of 2.61 and a beta of 1.33.

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

MSCI Dividend Announcement

The business also recently announced 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. The ex-dividend date is Friday, May 16th. This represents a $7.20 dividend on an annualized basis and a yield of 1.26%. MSCI’s dividend payout ratio is currently 49.48%.

Insider Buying and Selling at MSCI

In related 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 completion of the transaction, the chief operating officer now owns 294,787 shares in the company, 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 is available through this link. Also, CEO Henry A. Fernandez bought 5,300 shares of the firm’s stock in a transaction that occurred 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 transaction, the chief executive officer now directly owns 1,269,951 shares of the company’s stock, valued at $729,599,549.01. The trade was a 0.42% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 3.31% of the company’s stock.

MSCI Company Profile

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.