Landscape Capital Management L.L.C. Makes New $1.49 Million Investment in MSCI Inc $MSCI

Landscape Capital Management L.L.C. acquired a new position in MSCI Inc (NYSE:MSCI) in the fourth quarter, HoldingsChannel reports. The institutional investor acquired 2,588 shares of the technology company’s stock, valued at approximately $1,485,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Mowery & Schoenfeld Wealth Management LLC boosted its holdings in MSCI by 341.7% in the fourth quarter. Mowery & Schoenfeld Wealth Management LLC now owns 53 shares of the technology company’s stock worth $30,000 after purchasing an additional 41 shares during the period. Harvest Fund Management Co. Ltd acquired a new position in MSCI in the fourth quarter worth $30,000. Eagle Bay Advisors LLC acquired a new position in MSCI in the fourth quarter worth $34,000. Elyxium Wealth LLC acquired a new position in MSCI in the fourth quarter worth $34,000. Finally, Strategic Wealth Investment Group LLC acquired a new position in MSCI in the second quarter worth $36,000. Institutional investors and hedge funds own 89.97% of the company’s stock.

Insider Buying and Selling at MSCI

In related news, insider Alvise J. Munari sold 10,000 shares of MSCI stock in a transaction dated Friday, April 24th. The shares were sold at an average price of $592.04, for a total transaction of $5,920,400.00. Following the sale, the insider directly owned 23,548 shares in the company, valued at $13,941,357.92. The trade was 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 through the SEC website. 3.76% of the stock is currently owned by corporate insiders.

MSCI Stock Performance

MSCI stock opened at $610.21 on Tuesday. The stock has a market capitalization of $44.42 billion, a price-to-earnings ratio of 34.85, a PEG ratio of 2.26 and a beta of 1.24. MSCI Inc has a 1 year low of $501.08 and a 1 year high of $644.68. The stock’s fifty day moving average is $586.26 and its two-hundred day moving average is $570.81.

MSCI (NYSE:MSCI) last issued its quarterly earnings data on Tuesday, April 21st. The technology company reported $4.55 earnings per share for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations of $830.91 million. During the same period in the previous year, the business earned $4.00 earnings per share. The company’s revenue was up 14.1% on a year-over-year basis. As a group, analysts predict that MSCI Inc will post 19.62 EPS for the current fiscal year.

MSCI Announces Dividend

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

Analysts Set New Price Targets

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

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.