Zurcher Kantonalbank Zurich Cantonalbank lowered its position in Msci Inc (NYSE:MSCI) by 2.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 26,552 shares of the technology company’s stock after selling 604 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Msci were worth $4,392,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in MSCI. Massachusetts Financial Services Co. MA lifted its stake in shares of Msci by 722.8% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 1,068,039 shares of the technology company’s stock worth $176,685,000 after buying an additional 938,236 shares during the last quarter. BlackRock Inc. lifted its stake in shares of Msci by 5.1% during the 1st quarter. BlackRock Inc. now owns 9,350,846 shares of the technology company’s stock worth $1,397,671,000 after buying an additional 450,797 shares during the last quarter. Legal & General Group Plc lifted its stake in shares of Msci by 167.5% during the 1st quarter. Legal & General Group Plc now owns 425,588 shares of the technology company’s stock worth $63,613,000 after buying an additional 266,468 shares during the last quarter. Barometer Capital Management Inc. acquired a new stake in shares of Msci during the 1st quarter worth about $24,945,000. Finally, Amundi Pioneer Asset Management Inc. lifted its stake in shares of Msci by 188.7% during the 1st quarter. Amundi Pioneer Asset Management Inc. now owns 221,591 shares of the technology company’s stock worth $33,122,000 after buying an additional 144,848 shares during the last quarter. Hedge funds and other institutional investors own 93.05% of the company’s stock.

MSCI has been the subject of a number of research reports. ValuEngine upgraded shares of Msci from a “hold” rating to a “buy” rating in a research note on Wednesday, May 2nd. Cantor Fitzgerald restated a “buy” rating and set a $163.00 target price on shares of Msci in a research note on Thursday, May 3rd. Morgan Stanley raised their target price on shares of Msci from $146.00 to $160.00 and gave the stock an “equal weight” rating in a research note on Friday, May 4th. Zacks Investment Research upgraded shares of Msci from a “sell” rating to a “hold” rating in a research note on Wednesday, May 9th. Finally, UBS Group raised their target price on shares of Msci from $173.00 to $187.00 and gave the stock a “buy” rating in a research note on Tuesday, June 5th. Four analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $175.00.

NYSE:MSCI opened at $173.28 on Friday. Msci Inc has a 52 week low of $110.01 and a 52 week high of $176.88. The stock has a market cap of $15.38 billion, a P/E ratio of 43.54, a price-to-earnings-growth ratio of 3.30 and a beta of 0.80. The company has a debt-to-equity ratio of 7.43, a quick ratio of 2.65 and a current ratio of 2.65.

Msci (NYSE:MSCI) last released its quarterly earnings results on Thursday, August 2nd. The technology company reported $1.30 EPS for the quarter, topping analysts’ consensus estimates of $1.28 by $0.02. Msci had a net margin of 27.83% and a return on equity of 114.65%. The business had revenue of $363.05 million for the quarter, compared to analyst estimates of $356.01 million. During the same period last year, the firm earned $0.95 earnings per share. Msci’s revenue for the quarter was up 14.9% compared to the same quarter last year. equities research analysts anticipate that Msci Inc will post 5.24 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 31st. Investors of record on Friday, August 17th will be given a dividend of $0.58 per share. This represents a $2.32 dividend on an annualized basis and a yield of 1.34%. This is a positive change from Msci’s previous quarterly dividend of $0.38. The ex-dividend date of this dividend is Thursday, August 16th. Msci’s dividend payout ratio (DPR) is currently 38.19%.

Msci Company Profile

MSCI Inc, together with its subsidiaries, provides investment decision support tools for the clients to manage their investment processes worldwide. The company operates through four segments: Index, Analytics, ESG, and Real Estate. The Index segment primarily provides equity indexes for use in various areas of the investment process, including index-linked product creation and performance benchmarking, as well as portfolio construction and rebalancing, and asset allocation.

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Institutional Ownership by Quarter for Msci (NYSE:MSCI)

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