Fiera Capital Corp Has $552.29 Million Position in MSCI Inc $MSCI

Fiera Capital Corp lowered its holdings in shares of MSCI Inc (NYSE:MSCI) by 3.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 962,626 shares of the technology company’s stock after selling 30,811 shares during the quarter. MSCI comprises about 1.8% of Fiera Capital Corp’s investment portfolio, making the stock its 12th biggest position. Fiera Capital Corp’s holdings in MSCI were worth $552,287,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in MSCI. Empowered Funds LLC boosted its stake in shares of MSCI by 7.6% in the 1st quarter. Empowered Funds LLC now owns 2,003 shares of the technology company’s stock valued at $1,133,000 after purchasing an additional 142 shares in the last quarter. Woodline Partners LP boosted its stake in shares of MSCI by 39.0% in the 1st quarter. Woodline Partners LP now owns 6,585 shares of the technology company’s stock valued at $3,724,000 after purchasing an additional 1,846 shares in the last quarter. Sivia Capital Partners LLC boosted its stake in shares of MSCI by 20.9% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,052 shares of the technology company’s stock valued at $607,000 after purchasing an additional 182 shares in the last quarter. Treasurer of the State of North Carolina boosted its stake in shares of MSCI by 1.0% in the 2nd quarter. Treasurer of the State of North Carolina now owns 35,130 shares of the technology company’s stock valued at $20,261,000 after purchasing an additional 344 shares in the last quarter. Finally, Osterweis Capital Management Inc. acquired a new stake in shares of MSCI in the 2nd quarter valued at $88,000. Institutional investors and hedge funds own 89.97% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on MSCI shares. Morgan Stanley boosted their target price on shares of MSCI from $719.00 to $727.00 and gave the company an “overweight” rating in a research note on Wednesday, April 22nd. Weiss Ratings upgraded shares of MSCI from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, June 1st. Wells Fargo & Company upgraded shares of MSCI from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $650.00 to $700.00 in a research note on Wednesday, May 27th. UBS Group boosted their target price on shares of MSCI from $710.00 to $720.00 and gave the company a “buy” rating in a research note on Wednesday, April 22nd. Finally, Bank of America started coverage on shares of MSCI in a research note on Tuesday, February 17th. They issued a “buy” rating and a $700.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating and ten have given a Buy rating to the stock. According to MarketBeat, the company has an average rating of “Buy” and an average price target of $697.70.

Insider Activity

In related news, insider Alvise J. Munari sold 10,000 shares of the company’s stock in a transaction dated Friday, April 24th. The shares were sold at an average price of $592.04, for a total transaction of $5,920,400.00. Following the transaction, the insider owned 23,548 shares in the company, valued at $13,941,357.92. This represents a 29.81% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Andrew C. Wiechmann sold 450 shares of the business’s stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $560.00, for a total value of $252,000.00. Following the sale, the chief financial officer directly owned 22,544 shares of the company’s stock, valued at $12,624,640. This represents a 1.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 3.76% of the stock is owned by corporate insiders.

MSCI Stock Up 0.1%

Shares of NYSE MSCI opened at $616.28 on Monday. The firm’s 50-day simple moving average is $578.01 and its 200 day simple moving average is $568.93. The company has a market cap of $44.87 billion, a price-to-earnings ratio of 35.20, a price-to-earnings-growth ratio of 2.32 and a beta of 1.24. MSCI Inc has a 12-month low of $501.08 and a 12-month high of $644.68.

MSCI (NYSE:MSCI) last issued its quarterly earnings results on Tuesday, April 21st. The technology company reported $4.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.38 by $0.17. The business had revenue of $850.80 million for the quarter, compared to the consensus estimate of $830.91 million. MSCI had a net margin of 40.74% and a negative return on equity of 65.48%. The firm’s quarterly revenue was up 14.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $4.00 EPS. On average, equities analysts expect that MSCI Inc will post 19.62 earnings per share for the current year.

MSCI Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 15th were given a dividend of $2.05 per share. The ex-dividend date was Friday, May 15th. This represents a $8.20 annualized dividend and a yield of 1.3%. MSCI’s dividend payout ratio is 46.83%.

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.