Investors sold shares of Msci Inc (NYSE:MSCI) on strength during trading hours on Wednesday. $25.57 million flowed into the stock on the tick-up and $49.43 million flowed out of the stock on the tick-down, for a money net flow of $23.86 million out of the stock. Of all stocks tracked, Msci had the 32nd highest net out-flow for the day. Msci traded up $2.79 for the day and closed at $154.43
A number of brokerages recently commented on MSCI. Morgan Stanley upped their price target on shares of Msci from $135.00 to $146.00 and gave the company an “equal weight” rating in a research note on Wednesday, January 31st. Cantor Fitzgerald reiterated a “buy” rating and issued a $142.00 target price on shares of Msci in a research note on Tuesday, January 30th. Barclays reiterated a “hold” rating and issued a $150.00 target price on shares of Msci in a research note on Friday, February 2nd. Zacks Investment Research upgraded shares of Msci from a “hold” rating to a “buy” rating and set a $143.00 target price on the stock in a research note on Thursday, January 4th. Finally, UBS Group reiterated a “buy” rating and issued a $177.00 target price (down from $180.00) on shares of Msci in a research note on Friday, March 2nd. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company. Msci has a consensus rating of “Buy” and an average price target of $153.33.
The company has a debt-to-equity ratio of 5.18, a current ratio of 2.09 and a quick ratio of 2.09. The company has a market cap of $13,750.00, a P/E ratio of 41.96, a PEG ratio of 2.85 and a beta of 0.86.
The company also recently announced a quarterly dividend, which will be paid on Thursday, March 15th. Shareholders of record on Friday, February 16th will be paid a $0.38 dividend. This represents a $1.52 annualized dividend and a yield of 0.98%. The ex-dividend date is Thursday, February 15th. Msci’s dividend payout ratio is presently 41.30%.
A number of hedge funds and other institutional investors have recently bought and sold shares of MSCI. Nationwide Fund Advisors raised its position in shares of Msci by 17.7% during the 3rd quarter. Nationwide Fund Advisors now owns 470,925 shares of the technology company’s stock valued at $55,051,000 after buying an additional 70,762 shares in the last quarter. Dupont Capital Management Corp purchased a new stake in shares of Msci during the 3rd quarter valued at $105,000. State of Wisconsin Investment Board raised its position in shares of Msci by 2.3% during the 3rd quarter. State of Wisconsin Investment Board now owns 76,245 shares of the technology company’s stock valued at $8,913,000 after buying an additional 1,720 shares in the last quarter. Candriam Luxembourg S.C.A. purchased a new stake in shares of Msci during the 3rd quarter valued at $468,000. Finally, Sei Investments Co. raised its position in shares of Msci by 0.3% during the 3rd quarter. Sei Investments Co. now owns 196,511 shares of the technology company’s stock valued at $22,972,000 after buying an additional 650 shares in the last quarter. Institutional investors and hedge funds own 92.13% of the company’s stock.
Msci Company Profile
MSCI Inc offers products and services to support the needs of institutional investors throughout their investment processes. Its segments include Index, Analytics and All Other segment. All Other segment comprises environmental, social and governance (ESG) and Real Estate segments. Its indexes are used in various areas of the investment process, including index-linked product creation and performance benchmarking, as well as portfolio construction and rebalancing, and asset allocation.
Receive News & Ratings for Msci Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Msci and related companies with MarketBeat.com's FREE daily email newsletter.