1,395 Shares in MSCI Inc $MSCI Acquired by Hilton Head Capital Partners LLC

Hilton Head Capital Partners LLC purchased a new position in MSCI Inc (NYSE:MSCI) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 1,395 shares of the technology company’s stock, valued at approximately $800,000.

A number of other large investors also recently added to or reduced their stakes in MSCI. Norges Bank purchased a new position in MSCI in the 4th quarter worth approximately $528,560,000. Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in MSCI by 499.3% in the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 874,882 shares of the technology company’s stock worth $496,417,000 after acquiring an additional 728,900 shares during the last quarter. JPMorgan Chase & Co. increased its stake in MSCI by 36.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,069,180 shares of the technology company’s stock worth $606,674,000 after acquiring an additional 282,859 shares during the last quarter. Banque Pictet & Cie SA increased its stake in MSCI by 103.3% in the 4th quarter. Banque Pictet & Cie SA now owns 523,035 shares of the technology company’s stock worth $300,081,000 after acquiring an additional 265,750 shares during the last quarter. Finally, Bamco Inc. NY increased its stake in MSCI by 10.3% in the 3rd quarter. Bamco Inc. NY now owns 2,394,117 shares of the technology company’s stock worth $1,358,446,000 after acquiring an additional 223,784 shares during the last quarter. 89.97% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

MSCI has been the topic of a number of research reports. Morgan Stanley lifted their price objective on MSCI from $719.00 to $727.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 22nd. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $655.00 price objective on shares of MSCI in a research note on Wednesday, April 22nd. Bank of America initiated coverage on MSCI in a research note on Tuesday, February 17th. They issued a “buy” rating and a $700.00 price objective on the stock. Wells Fargo & Company raised MSCI from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $650.00 to $700.00 in a research note on Wednesday, May 27th. Finally, UBS Group lifted their price objective on MSCI from $710.00 to $720.00 and gave the stock a “buy” rating in a research note on Wednesday, April 22nd. One analyst has rated the stock with a Strong Buy rating and ten have given a Buy rating to the company. According to MarketBeat, MSCI currently has an average rating of “Buy” and an average target price of $697.70.

MSCI Stock Performance

NYSE MSCI opened at $616.28 on Monday. The company has a market cap of $44.87 billion, a P/E ratio of 35.20, a P/E/G ratio of 2.32 and a beta of 1.24. The business’s 50 day moving average price is $578.01 and its 200-day moving average price is $568.93. MSCI Inc has a fifty-two week low of $501.08 and a fifty-two week high of $644.68.

MSCI (NYSE:MSCI) last released its earnings results on Tuesday, April 21st. The technology company reported $4.55 earnings per share for the quarter, beating the consensus estimate of $4.38 by $0.17. The firm had revenue of $850.80 million for the quarter, compared to the consensus estimate of $830.91 million. MSCI had a negative return on equity of 65.48% and a net margin of 40.74%.The company’s revenue for the quarter was up 14.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $4.00 EPS. As a group, equities analysts predict that MSCI Inc will post 19.62 EPS for the current year.

MSCI Dividend Announcement

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

Insider Activity at MSCI

In other news, CFO Andrew C. Wiechmann sold 450 shares of the business’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $560.00, for a total transaction of $252,000.00. Following the transaction, the chief financial officer owned 22,544 shares of the company’s stock, valued at approximately $12,624,640. The trade was a 1.96% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Alvise J. Munari sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, April 24th. The shares were sold at an average price of $592.04, for a total value of $5,920,400.00. Following the transaction, the insider directly owned 23,548 shares in the company, valued at approximately $13,941,357.92. This represents a 29.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 3.76% of the company’s stock.

MSCI Company 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.