Mediolanum International Funds Ltd Increases Stock Position in MSCI Inc $MSCI

Mediolanum International Funds Ltd raised its stake in MSCI Inc (NYSE:MSCI) by 9.1% in the 1st quarter, HoldingsChannel.com reports. The fund owned 15,091 shares of the technology company’s stock after purchasing an additional 1,265 shares during the period. Mediolanum International Funds Ltd’s holdings in MSCI were worth $8,027,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in the company. Empowered Funds LLC grew its stake in MSCI by 7.6% during the 1st quarter. Empowered Funds LLC now owns 2,003 shares of the technology company’s stock worth $1,133,000 after buying an additional 142 shares during the last quarter. Woodline Partners LP increased its position in MSCI by 39.0% during the first quarter. Woodline Partners LP now owns 6,585 shares of the technology company’s stock worth $3,724,000 after buying an additional 1,846 shares during the period. Sivia Capital Partners LLC lifted its stake in MSCI by 20.9% in the second quarter. Sivia Capital Partners LLC now owns 1,052 shares of the technology company’s stock valued at $607,000 after buying an additional 182 shares during the last quarter. Treasurer of the State of North Carolina lifted its stake in MSCI by 1.0% in the second quarter. Treasurer of the State of North Carolina now owns 35,130 shares of the technology company’s stock valued at $20,261,000 after buying an additional 344 shares during the last quarter. Finally, Osterweis Capital Management Inc. acquired a new stake in shares of MSCI in the second quarter valued at approximately $88,000. Hedge funds and other institutional investors own 89.97% of the company’s stock.

MSCI Stock Performance

Shares of MSCI stock opened at $624.14 on Tuesday. MSCI Inc has a one year low of $501.08 and a one year high of $644.77. The company has a market cap of $45.44 billion, a P/E ratio of 35.64, a PEG ratio of 2.27 and a beta of 1.24. The firm has a fifty day moving average of $597.67 and a two-hundred day moving average of $577.13.

MSCI (NYSE:MSCI) last issued 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. MSCI had a net margin of 40.74% and a negative return on equity of 65.48%. The business had revenue of $850.80 million for the quarter, compared to the consensus estimate of $830.91 million. During the same quarter in the previous year, the firm earned $4.00 earnings per share. The business’s quarterly revenue was up 14.1% compared to the same quarter last year. As a group, equities analysts predict that MSCI Inc will post 19.84 earnings per share for the current year.

Insider Transactions at MSCI

In related news, insider Alvise J. Munari sold 10,000 shares of the firm’s stock in a transaction dated 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 completion of the sale, the insider owned 23,548 shares in the company, valued at $13,941,357.92. This trade represents a 29.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 3.76% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on MSCI. Morgan Stanley raised their target price on shares of MSCI from $719.00 to $727.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 22nd. Royal Bank Of Canada reiterated an “outperform” rating and issued a $655.00 price target on shares of MSCI in a research report on Wednesday, April 22nd. Raymond James Financial increased their price target on shares of MSCI from $730.00 to $760.00 and gave the stock a “strong-buy” rating in a research note on Wednesday, July 8th. Weiss Ratings raised shares of MSCI from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday. Finally, UBS Group lifted their price objective on shares of MSCI from $710.00 to $720.00 and gave the company a “buy” rating in a research note on Wednesday, April 22nd. One investment analyst has rated the stock with a Strong Buy rating and eleven have assigned a Buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $718.67.

MSCI 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.