3,801 Shares in MSCI Inc $MSCI Acquired by Polar Asset Management Partners Inc.

Polar Asset Management Partners Inc. acquired a new stake in MSCI Inc (NYSE:MSCI) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 3,801 shares of the technology company’s stock, valued at approximately $2,049,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Norges Bank bought a new stake in MSCI during the 4th quarter worth $528,560,000. PICTET BANK & TRUST Ltd raised its position in MSCI by 116.8% in the fourth quarter. PICTET BANK & TRUST Ltd now owns 5,150 shares of the technology company’s stock valued at $2,955,000 after purchasing an additional 2,775 shares during the last quarter. Carolina Wealth Advisors LLC acquired a new stake in shares of MSCI during the fourth quarter valued at about $1,302,000. SBI Okasan Asset Management Co.Ltd. acquired a new stake in shares of MSCI during the fourth quarter valued at about $1,406,000. Finally, Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust acquired a new stake in shares of MSCI during the fourth quarter valued at about $13,636,000. Institutional investors own 89.97% of the company’s stock.

MSCI Stock Performance

Shares of NYSE MSCI opened at $572.29 on Tuesday. The company has a market capitalization of $41.61 billion, a P/E ratio of 31.31, a price-to-earnings-growth ratio of 2.10 and a beta of 1.24. 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 price is $596.42 and its 200-day moving average price is $576.64.

MSCI (NYSE:MSCI) last posted its quarterly earnings data on Tuesday, July 21st. The technology company reported $4.94 earnings per share 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 firm had revenue of $867.00 million for the quarter, compared to analyst estimates of $870.71 million. During the same quarter last year, the company earned $4.17 earnings per share. The company’s quarterly revenue was up 12.2% compared to the same quarter last year. Analysts forecast that MSCI Inc will post 19.58 earnings per share for the current year.

MSCI Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be given a dividend of $2.05 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $8.20 dividend on an annualized basis and a yield of 1.4%. MSCI’s dividend payout ratio is 44.86%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. Raymond James Financial upped their price objective on MSCI from $730.00 to $760.00 and gave the company a “strong-buy” rating in a research note on Wednesday, July 8th. Bank of America lifted their target price on shares of MSCI from $715.00 to $730.00 and gave the stock a “buy” rating in a research report on Friday, July 10th. JPMorgan Chase & Co. boosted their target price on shares of MSCI from $700.00 to $742.00 and gave the stock an “overweight” rating in a report on Monday, July 20th. Jefferies Financial Group started coverage on shares of MSCI in a research report on Friday, July 17th. They issued a “buy” rating and a $760.00 price target for the company. Finally, Rothschild & Co Redburn set a $690.00 price target on shares of MSCI in a research note on Thursday, June 18th. 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 MarketBeat, MSCI has a consensus rating of “Buy” and an average price target of $709.50.

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.