Msci (NYSE:MSCI) was upgraded by analysts at Barclays from an “equal weight” rating to an “overweight” rating in a note issued to investors on Friday, The Fly reports.

MSCI has been the topic of a number of other research reports. Morgan Stanley set a $185.00 price objective on shares of Msci and gave the stock a “hold” rating in a research report on Thursday, September 13th. BMO Capital Markets cut their price objective on shares of Msci from $180.00 to $178.00 and set a “buy” rating on the stock in a research report on Monday, November 5th. Finally, Zacks Investment Research reissued a “hold” rating on shares of Msci in a research report on Wednesday, November 14th. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $175.29.

Shares of MSCI stock opened at $152.32 on Friday. The company has a debt-to-equity ratio of 6.80, a quick ratio of 2.75 and a current ratio of 2.75. The firm has a market capitalization of $13.59 billion, a PE ratio of 38.27, a price-to-earnings-growth ratio of 2.93 and a beta of 1.07. Msci has a 12 month low of $124.08 and a 12 month high of $184.22.

Msci (NYSE:MSCI) last announced its quarterly earnings data on Thursday, November 1st. The technology company reported $1.35 EPS for the quarter, topping the Zacks’ consensus estimate of $1.29 by $0.06. The business had revenue of $357.90 million for the quarter, compared to analyst estimates of $359.91 million. Msci had a net margin of 29.87% and a return on equity of 121.45%. The firm’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.00 earnings per share. Analysts anticipate that Msci will post 5.27 earnings per share for the current fiscal year.

A number of institutional investors and hedge funds have recently modified their holdings of the stock. FMR LLC increased its holdings in Msci by 12.6% during the second quarter. FMR LLC now owns 8,714,865 shares of the technology company’s stock worth $1,441,701,000 after buying an additional 976,018 shares during the last quarter. Janus Henderson Group PLC increased its holdings in shares of Msci by 2.8% in the third quarter. Janus Henderson Group PLC now owns 2,729,359 shares of the technology company’s stock valued at $484,216,000 after purchasing an additional 73,505 shares during the last quarter. American Century Companies Inc. increased its holdings in shares of Msci by 67.8% in the second quarter. American Century Companies Inc. now owns 1,737,968 shares of the technology company’s stock valued at $287,512,000 after purchasing an additional 702,241 shares during the last quarter. Massachusetts Financial Services Co. MA increased its holdings in shares of Msci by 35.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 1,445,840 shares of the technology company’s stock valued at $256,507,000 after purchasing an additional 377,801 shares during the last quarter. Finally, Franklin Resources Inc. increased its holdings in shares of Msci by 43.3% in the third quarter. Franklin Resources Inc. now owns 1,265,588 shares of the technology company’s stock valued at $224,540,000 after purchasing an additional 382,115 shares during the last quarter. Institutional investors and hedge funds own 92.42% of the company’s stock.

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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Analyst Recommendations for Msci (NYSE:MSCI)

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