348 Shares in MSCI Inc $MSCI Bought by Keudell Morrison Wealth Management

Keudell Morrison Wealth Management bought a new position in shares of MSCI Inc (NYSE:MSCI) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 348 shares of the technology company’s stock, valued at approximately $201,000.

Other large investors also recently modified their holdings of the company. Sunbelt Securities Inc. grew its position in shares of MSCI by 15.4% in the 1st quarter. Sunbelt Securities Inc. now owns 142 shares of the technology company’s stock valued at $80,000 after purchasing an additional 19 shares during the period. Optivise Advisory Services LLC boosted its holdings in shares of MSCI by 3.8% in the first quarter. Optivise Advisory Services LLC now owns 540 shares of the technology company’s stock valued at $306,000 after buying an additional 20 shares during the period. Quotient Wealth Partners LLC increased its position in shares of MSCI by 5.9% during the first quarter. Quotient Wealth Partners LLC now owns 361 shares of the technology company’s stock worth $204,000 after acquiring an additional 20 shares in the last quarter. Gries Financial LLC raised its holdings in shares of MSCI by 1.3% during the second quarter. Gries Financial LLC now owns 1,505 shares of the technology company’s stock worth $868,000 after acquiring an additional 20 shares during the period. Finally, Signaturefd LLC lifted its position in MSCI by 1.7% in the 1st quarter. Signaturefd LLC now owns 1,261 shares of the technology company’s stock valued at $713,000 after acquiring an additional 21 shares in the last quarter. 89.97% of the stock is currently owned by institutional investors.

Insider Transactions at MSCI

In other MSCI news, CEO Henry A. Fernandez purchased 84 shares of MSCI stock in a transaction that occurred on Friday, July 25th. The stock was acquired at an average price of $548.69 per share, for a total transaction of $46,089.96. Following the completion of the acquisition, the chief executive officer owned 1,279,951 shares of the company’s stock, valued at approximately $702,296,314.19. This trade represents a 0.01% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. In the last three months, insiders have bought 12,400 shares of company stock valued at $6,731,599. Company insiders own 3.31% of the company’s stock.

Wall Street Analysts Forecast Growth

MSCI has been the topic of several recent research reports. JPMorgan Chase & Co. lifted their price target on MSCI from $625.00 to $655.00 and gave the company an “overweight” rating in a research note on Wednesday, September 10th. Raymond James Financial raised MSCI from a “market perform” rating to an “outperform” rating and set a $650.00 target price on the stock in a research report on Friday, July 25th. UBS Group upped their price target on MSCI from $655.00 to $700.00 and gave the stock a “buy” rating in a research report on Tuesday, July 8th. Weiss Ratings reiterated a “buy (b-)” rating on shares of MSCI in a report on Saturday, September 27th. Finally, Seaport Res Ptn raised shares of MSCI to a “strong-buy” rating in a research report on Wednesday, October 1st. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $652.45.

MSCI Trading Up 0.0%

NYSE MSCI opened at $560.95 on Monday. MSCI Inc has a 12 month low of $486.73 and a 12 month high of $642.45. The stock has a 50 day moving average of $563.68 and a 200-day moving average of $559.42. The company has a market cap of $43.40 billion, a PE ratio of 37.15, a PEG ratio of 2.73 and a beta of 1.33.

MSCI (NYSE:MSCI) last issued its earnings results on Tuesday, July 22nd. The technology company reported $4.17 earnings per share for the quarter, topping analysts’ consensus estimates of $4.12 by $0.05. The business had revenue of $772.68 million for the quarter, compared to the consensus estimate of $763.06 million. MSCI had a net margin of 39.46% and a negative return on equity of 143.13%. The firm’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same period in the previous year, the company earned $3.64 earnings per share. As a group, sell-side analysts predict that MSCI Inc will post 16.86 EPS for the current fiscal year.

MSCI Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 29th. Stockholders of record on Friday, August 15th were issued a $1.80 dividend. This represents a $7.20 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Friday, August 15th. MSCI’s dividend payout ratio is presently 47.68%.

MSCI 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.