Pictet Asset Management Holding SA Has $19.58 Million Stock Holdings in MSCI Inc $MSCI

Pictet Asset Management Holding SA cut its position in MSCI Inc (NYSE:MSCI) by 8.1% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 36,328 shares of the technology company’s stock after selling 3,222 shares during the period. Pictet Asset Management Holding SA’s holdings in MSCI were worth $19,581,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of MSCI. Empowered Funds LLC lifted its stake in MSCI by 7.6% in the first quarter. Empowered Funds LLC now owns 2,003 shares of the technology company’s stock valued at $1,133,000 after buying an additional 142 shares in the last quarter. Woodline Partners LP grew its holdings in shares of MSCI by 39.0% in the 1st quarter. Woodline Partners LP now owns 6,585 shares of the technology company’s stock valued at $3,724,000 after acquiring an additional 1,846 shares in the last quarter. Sivia Capital Partners LLC increased its position in shares of MSCI by 20.9% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,052 shares of the technology company’s stock worth $607,000 after purchasing an additional 182 shares during the last quarter. Treasurer of the State of North Carolina increased its holdings in MSCI by 1.0% during the second quarter. Treasurer of the State of North Carolina now owns 35,130 shares of the technology company’s stock worth $20,261,000 after buying an additional 344 shares during the last quarter. Finally, Osterweis Capital Management Inc. acquired a new position in shares of MSCI during the 2nd quarter worth about $88,000. Institutional investors own 89.97% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently commented on MSCI. Rothschild & Co Redburn set a $690.00 target price on shares of MSCI in a report on Thursday, June 18th. UBS Group lifted their price target on shares of MSCI from $710.00 to $720.00 and gave the company a “buy” rating in a report on Wednesday, April 22nd. Weiss Ratings downgraded shares of MSCI from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, June 15th. Morgan Stanley raised their price target on shares of MSCI from $719.00 to $727.00 and gave the stock an “overweight” rating in a report on Wednesday, April 22nd. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $655.00 price objective on shares of MSCI in a research note on Wednesday, April 22nd. One investment analyst has rated the stock with a Strong Buy rating and ten have assigned a Buy rating to the stock. According to data from MarketBeat, MSCI currently has a consensus rating of “Buy” and an average target price of $697.00.

MSCI Stock Performance

Shares of MSCI opened at $582.55 on Thursday. The firm has a market capitalization of $42.41 billion, a P/E ratio of 33.27, a P/E/G ratio of 2.11 and a beta of 1.25. The stock has a 50 day moving average price of $591.84 and a two-hundred day moving average price of $573.18. MSCI Inc has a 52 week low of $501.08 and a 52 week high of $644.68.

MSCI (NYSE:MSCI) last posted its quarterly earnings data 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. MSCI had a net margin of 40.74% and a negative return on equity of 65.48%. The firm had revenue of $850.80 million for the quarter, compared to the consensus estimate of $830.91 million. During the same period in the previous year, the firm earned $4.00 EPS. The business’s revenue for the quarter was up 14.1% compared to the same quarter last year. On average, equities analysts forecast that MSCI Inc will post 19.62 earnings per share for the current year.

MSCI Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 15th were given a $2.05 dividend. The ex-dividend date of this dividend was Friday, May 15th. This represents a $8.20 annualized dividend and a yield of 1.4%. MSCI’s payout ratio is currently 46.83%.

Insider Buying and Selling at MSCI

In related news, insider Alvise J. Munari sold 10,000 shares of the 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 completion of the transaction, the insider owned 23,548 shares in the company, valued at approximately $13,941,357.92. This represents a 29.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 3.76% of the company’s stock.

About MSCI

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.