MSCI Inc $MSCI Position Raised by Intech Investment Management LLC

Intech Investment Management LLC lifted its position in shares of MSCI Inc (NYSE:MSCI) by 137.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 10,547 shares of the technology company’s stock after acquiring an additional 6,100 shares during the period. Intech Investment Management LLC’s holdings in MSCI were worth $5,984,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of the company. Norges Bank acquired a new stake in shares of MSCI in the second quarter valued at approximately $547,348,000. Baillie Gifford & Co. grew its holdings in MSCI by 91.8% in the 3rd quarter. Baillie Gifford & Co. now owns 691,554 shares of the technology company’s stock worth $392,395,000 after buying an additional 331,040 shares in the last quarter. Magellan Asset Management Ltd acquired a new stake in MSCI in the 2nd quarter valued at approximately $175,912,000. JPMorgan Chase & Co. raised its stake in MSCI by 36.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,069,180 shares of the technology company’s stock valued at $606,674,000 after acquiring an additional 282,859 shares in the last quarter. Finally, Banque Pictet & Cie SA bought a new stake in MSCI during the 3rd quarter valued at $145,986,000. Institutional investors and hedge funds own 89.97% of the company’s stock.

Insider Transactions at MSCI

In other MSCI news, CFO Andrew C. Wiechmann sold 450 shares of the firm’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $550.00, for a total value of $247,500.00. Following the completion of the transaction, the chief financial officer directly owned 21,639 shares in the company, valued at $11,901,450. This trade represents a 2.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Henry A. Fernandez bought 10,210 shares of the company’s stock in a transaction dated Friday, December 5th. The stock was purchased at an average cost of $536.13 per share, for a total transaction of $5,473,887.30. Following the completion of the transaction, the chief executive officer owned 1,487,047 shares of the company’s stock, valued at $797,250,508.11. This represents a 0.69% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders purchased a total of 19,300 shares of company stock worth $10,261,957 in the last three months. 3.31% of the stock is currently owned by company insiders.

MSCI Stock Performance

Shares of NYSE:MSCI opened at $570.93 on Friday. The stock has a market capitalization of $41.95 billion, a price-to-earnings ratio of 36.39, a PEG ratio of 2.33 and a beta of 1.29. MSCI Inc has a 1-year low of $486.73 and a 1-year high of $626.28. The company has a 50 day moving average price of $572.43 and a 200 day moving average price of $565.38.

MSCI (NYSE:MSCI) last announced its quarterly earnings data on Wednesday, January 28th. The technology company reported $4.66 EPS for the quarter, beating analysts’ consensus estimates of $4.62 by $0.04. The company had revenue of $822.53 million during the quarter, compared to the consensus estimate of $819.51 million. MSCI had a negative return on equity of 82.59% and a net margin of 38.36%.The company’s quarterly revenue was up 10.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $4.18 EPS. On average, sell-side analysts expect that MSCI Inc will post 16.86 EPS for the current fiscal year.

MSCI Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 13th were given a $2.05 dividend. This is a positive change from MSCI’s previous quarterly dividend of $1.80. The ex-dividend date was Friday, February 13th. This represents a $8.20 dividend on an annualized basis and a dividend yield of 1.4%. MSCI’s dividend payout ratio is 52.26%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on MSCI shares. UBS Group set a $638.00 target price on shares of MSCI in a research report on Wednesday, January 28th. Weiss Ratings upgraded shares of MSCI from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday. Barclays reiterated an “overweight” rating on shares of MSCI in a research note on Thursday, January 29th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $715.00 target price on shares of MSCI in a research report on Thursday, January 29th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $655.00 price target on shares of MSCI in a research report on Thursday, January 29th. Nine investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $671.78.

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.