Dash Acquisitions Inc. Buys 2,308 Shares of MSCI Inc $MSCI

Dash Acquisitions Inc. boosted its stake in MSCI Inc (NYSE:MSCIFree Report) by 15.4% during the 4th quarter, HoldingsChannel.com reports. The fund owned 17,266 shares of the technology company’s stock after purchasing an additional 2,308 shares during the quarter. MSCI makes up 1.9% of Dash Acquisitions Inc.’s portfolio, making the stock its 17th biggest holding. Dash Acquisitions Inc.’s holdings in MSCI were worth $9,859,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Root Financial Partners LLC bought a new stake in MSCI in the third quarter valued at $28,000. 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 valued at $30,000 after acquiring an additional 41 shares in the last quarter. Eagle Bay Advisors LLC bought a new stake in MSCI in the fourth quarter valued at $34,000. Strategic Wealth Investment Group LLC bought a new stake in MSCI in the second quarter valued at $36,000. Finally, JPL Wealth Management LLC bought a new stake in MSCI in the third quarter valued at $36,000. Institutional investors own 89.97% of the company’s stock.

Insider Buying and Selling

In other MSCI news, CFO Andrew C. Wiechmann sold 450 shares of the business’s stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $560.00, for a total value of $252,000.00. Following the completion of the transaction, the chief financial officer owned 22,544 shares of the company’s stock, valued at approximately $12,624,640. The trade was a 1.96% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Alvise J. Munari sold 10,000 shares of the business’s stock in a transaction dated Friday, April 24th. The stock was sold at an average price of $592.04, for a total value of $5,920,400.00. Following the completion of the transaction, the insider directly owned 23,548 shares of the company’s stock, valued at approximately $13,941,357.92. This trade represents a 29.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 3.76% of the stock is currently owned by company insiders.

More MSCI News

Here are the key news stories impacting MSCI this week:

MSCI Price Performance

Shares of MSCI stock opened at $569.53 on Friday. The stock has a market cap of $41.46 billion, a price-to-earnings ratio of 32.53, a PEG ratio of 2.15 and a beta of 1.24. The firm’s 50-day moving average is $562.05 and its 200 day moving average is $565.82. MSCI Inc has a 1 year low of $501.08 and a 1 year high of $626.28.

MSCI (NYSE:MSCIGet Free Report) last announced its quarterly earnings results on Tuesday, April 21st. The technology company reported $4.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.38 by $0.17. The company had revenue of $850.80 million for the quarter, compared to analysts’ expectations of $830.91 million. MSCI had a net margin of 40.74% and a negative return on equity of 65.48%. MSCI’s revenue was up 14.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $4.00 EPS. On average, equities analysts expect that MSCI Inc will post 19.62 EPS for the current fiscal year.

MSCI Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 15th will be paid a $2.05 dividend. The ex-dividend date is Friday, May 15th. This represents a $8.20 dividend on an annualized basis and a yield of 1.4%. MSCI’s payout ratio is presently 46.83%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on MSCI. Bank of America began coverage on shares of MSCI in a report on Tuesday, February 17th. They issued a “buy” rating and a $700.00 price target on the stock. Royal Bank Of Canada reiterated an “outperform” rating and issued a $655.00 price target on shares of MSCI in a report on Wednesday, April 22nd. Morgan Stanley lifted their price target on shares of MSCI from $719.00 to $727.00 and gave the company an “overweight” rating in a report on Wednesday, April 22nd. Raymond James Financial reiterated a “strong-buy” rating and issued a $730.00 price target on shares of MSCI in a report on Tuesday, April 21st. Finally, Weiss Ratings cut shares of MSCI from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $692.70.

Check Out Our Latest Stock Analysis on MSCI

MSCI Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for MSCI (NYSE:MSCI)

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