921 Shares in MSCI Inc $MSCI Acquired by OneDigital Investment Advisors LLC

OneDigital Investment Advisors LLC bought a new stake in MSCI Inc (NYSE:MSCI) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 921 shares of the technology company’s stock, valued at approximately $516,000.

Other institutional investors have also modified their holdings of the company. State Street Corp boosted its position in shares of MSCI by 1.2% during the 3rd quarter. State Street Corp now owns 3,320,761 shares of the technology company’s stock valued at $1,884,233,000 after acquiring an additional 39,450 shares during the last quarter. Bamco Inc. NY boosted its holdings in MSCI by 15.1% in the 4th quarter. Bamco Inc. NY now owns 2,755,747 shares of the technology company’s stock valued at $1,581,055,000 after purchasing an additional 361,630 shares during the last quarter. Morgan Stanley increased its holdings in shares of MSCI by 2.2% during the 4th quarter. Morgan Stanley now owns 2,467,556 shares of the technology company’s stock worth $1,415,713,000 after buying an additional 52,242 shares during the last quarter. T. Rowe Price Investment Management Inc. raised its position in shares of MSCI by 13.2% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,446,291 shares of the technology company’s stock valued at $829,781,000 after buying an additional 168,405 shares during the period. Finally, Norges Bank acquired a new position in MSCI in the fourth quarter valued at approximately $528,560,000. Hedge funds and other institutional investors own 89.97% of the company’s stock.

MSCI Stock Up 2.2%

MSCI stock opened at $562.75 on Wednesday. The firm has a market cap of $40.91 billion, a PE ratio of 30.79, a price-to-earnings-growth ratio of 2.17 and a beta of 1.23. MSCI Inc has a 52-week low of $501.08 and a 52-week high of $644.77. The company’s 50 day moving average is $584.43 and its two-hundred day moving average is $574.20.

MSCI (NYSE:MSCI) last posted its quarterly earnings results on Tuesday, July 21st. The technology company reported $4.94 EPS for the quarter, missing the consensus estimate of $4.99 by ($0.05). MSCI had a negative return on equity of 55.19% and a net margin of 40.74%.The business had revenue of $867.00 million during the quarter, compared to analyst estimates of $870.71 million. During the same quarter last year, the firm earned $4.17 EPS. The business’s revenue was up 12.2% on a year-over-year basis. On average, equities research analysts anticipate that MSCI Inc will post 19.61 earnings per share for the current fiscal year.

MSCI Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 14th will be paid a dividend of $2.05 per share. This represents a $8.20 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Friday, August 14th. MSCI’s payout ratio is presently 44.86%.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Barclays lifted their target price on MSCI from $700.00 to $735.00 and gave the company an “overweight” rating in a research report on Friday, July 10th. UBS Group set a $615.00 price target on shares of MSCI in a research note on Wednesday, July 22nd. Weiss Ratings lowered shares of MSCI from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, July 30th. Evercore set a $722.00 price objective on shares of MSCI in a research report on Wednesday, July 22nd. Finally, JPMorgan Chase & Co. upped their price target on MSCI from $700.00 to $742.00 and gave the stock an “overweight” rating in a research note on Monday, July 20th. One analyst has rated the stock with a Strong Buy rating and eleven have issued a Buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $709.50.

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.