Toth Financial Advisory Corp Buys 3,720 Shares of MSCI Inc $MSCI

Toth Financial Advisory Corp lifted its position in MSCI Inc (NYSE:MSCI) by 105.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,257 shares of the technology company’s stock after acquiring an additional 3,720 shares during the period. Toth Financial Advisory Corp’s holdings in MSCI were worth $4,064,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of MSCI. BlackRock Inc. acquired a new position in MSCI during the second quarter valued at approximately $3,062,626,000. Bamco Inc. NY acquired a new stake in MSCI in the second quarter worth $1,798,710,000. Norges Bank acquired a new stake in MSCI in the fourth quarter worth $528,560,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in shares of MSCI during the second quarter worth $480,613,000. Finally, Generation Investment Management LLP bought a new position in shares of MSCI during the second quarter worth $301,493,000. Institutional investors own 89.97% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently commented on MSCI shares. JPMorgan Chase & Co. upped their price objective on shares of MSCI from $700.00 to $742.00 and gave the company an “overweight” rating in a research report on Monday, July 20th. Weiss Ratings lowered MSCI from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, July 30th. Rothschild & Co Redburn set a $690.00 target price on MSCI in a research note on Thursday, June 18th. Morgan Stanley reissued an “overweight” rating and issued a $700.00 target price on shares of MSCI in a research note on Tuesday, July 21st. Finally, Raymond James Financial increased their price target on MSCI from $730.00 to $760.00 and gave the stock a “strong-buy” rating in a report on Wednesday, July 8th. One research analyst has rated the stock with a Strong Buy rating and eleven have given a Buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $709.50.

MSCI Stock Performance

Shares of MSCI opened at $571.20 on Friday. MSCI Inc has a twelve month low of $501.08 and a twelve month high of $644.77. The firm’s 50 day moving average price is $579.52 and its two-hundred day moving average price is $573.14. The firm has a market cap of $41.53 billion, a P/E ratio of 31.25, a PEG ratio of 2.17 and a beta of 1.23.

MSCI (NYSE:MSCI) last issued its quarterly earnings data on Tuesday, July 21st. The technology company reported $4.94 earnings per share (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 company had revenue of $867.00 million for the quarter, compared to the consensus estimate of $870.71 million. During the same period in the prior year, the company earned $4.17 EPS. The firm’s revenue was up 12.2% on a year-over-year basis. On average, sell-side analysts anticipate that MSCI Inc will post 19.61 earnings per share for the current fiscal year.

MSCI Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Friday, August 14th were paid a $2.05 dividend. The ex-dividend date of this dividend was 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 presently 44.86%.

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.