OMERS ADMINISTRATION Corp Has $1.98 Million Stock Holdings in MSCI Inc. (NYSE:MSCI)

OMERS ADMINISTRATION Corp raised its position in MSCI Inc. (NYSE:MSCI) by 20.2% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 3,302 shares of the technology company’s stock after purchasing an additional 556 shares during the period. OMERS ADMINISTRATION Corp’s holdings in MSCI were worth $1,981,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in MSCI. JPMorgan Chase & Co. grew its holdings in MSCI by 4.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 536,211 shares of the technology company’s stock valued at $312,574,000 after buying an additional 23,050 shares in the last quarter. Kathmere Capital Management LLC grew its holdings in MSCI by 15.6% in the 4th quarter. Kathmere Capital Management LLC now owns 667 shares of the technology company’s stock valued at $400,000 after buying an additional 90 shares in the last quarter. Park Avenue Securities LLC grew its holdings in shares of MSCI by 9.2% during the 4th quarter. Park Avenue Securities LLC now owns 3,121 shares of the technology company’s stock worth $1,873,000 after purchasing an additional 263 shares in the last quarter. Burney Co. grew its holdings in shares of MSCI by 8.7% during the 4th quarter. Burney Co. now owns 1,251 shares of the technology company’s stock worth $751,000 after purchasing an additional 100 shares in the last quarter. Finally, Essex Savings Bank acquired a new stake in shares of MSCI during the 4th quarter worth $203,000. 89.97% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other MSCI news, COO Cd Baer Pettit sold 5,000 shares of the company’s stock in a transaction dated Friday, April 4th. The stock was sold at an average price of $524.25, for a total value 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 represents a 1.67% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Henry A. Fernandez bought 5,300 shares of the stock in a transaction on Monday, February 24th. The stock was purchased at an average cost of $574.51 per share, with a total value of $3,044,903.00. Following the acquisition, the chief executive officer now owns 1,269,951 shares in the company, valued at approximately $729,599,549.01. This represents 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 Stock Up 1.6%

Shares of MSCI stock opened at $575.41 on Friday. MSCI Inc. has a twelve month low of $475.32 and a twelve month high of $642.45. The company has a market cap of $44.52 billion, a P/E ratio of 40.93, a P/E/G ratio of 2.61 and a beta of 1.33. The business has a fifty day simple moving average of $549.55 and a 200 day simple moving average of $579.18.

MSCI (NYSE:MSCI) last announced its quarterly earnings data 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 business had revenue of $745.83 million during the quarter, compared to the consensus estimate of $746.45 million. As a group, equities research analysts anticipate that MSCI Inc. will post 16.86 earnings per share for the current fiscal year.

MSCI Dividend Announcement

The company 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 $1.80 dividend. The ex-dividend date is Friday, May 16th. This represents a $7.20 dividend on an annualized basis and a yield of 1.25%. MSCI’s payout ratio is presently 49.48%.

Analysts Set New Price Targets

Several analysts have recently issued reports on MSCI shares. Wells Fargo & Company reduced their target price on MSCI from $532.00 to $530.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 16th. Barclays reduced their target price on MSCI from $675.00 to $650.00 and set an “overweight” rating on the stock in a report on Friday, April 4th. JPMorgan Chase & Co. reduced their target price on 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 reissued an “outperform” rating and set a $675.00 target price on shares of MSCI in a report on Wednesday, April 16th. Finally, Oppenheimer reissued a “market perform” rating on shares of MSCI in a report on Wednesday, April 23rd. Three analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $645.36.

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.