Signaturefd LLC increased its position in shares of MSCI Inc. (NYSE:MSCI – Get Rating) by 6.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,284 shares of the technology company's stock after buying an additional 77 shares during the quarter. Signaturefd LLC's holdings in MSCI were worth $542,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Assetmark Inc. increased its stake in MSCI by 22.4% during the 2nd quarter. Assetmark Inc. now owns 2,646 shares of the technology company's stock valued at $1,091,000 after purchasing an additional 485 shares in the last quarter. Clear Street Markets LLC raised its holdings in shares of MSCI by 412.1% in the 2nd quarter. Clear Street Markets LLC now owns 169 shares of the technology company's stock worth $70,000 after acquiring an additional 136 shares during the last quarter. Edmond DE Rothschild Holding S.A. boosted its stake in MSCI by 65.4% during the 2nd quarter. Edmond DE Rothschild Holding S.A. now owns 3,672 shares of the technology company's stock valued at $1,514,000 after purchasing an additional 1,452 shares during the last quarter. Eagle Asset Management Inc. boosted its stake in MSCI by 2.3% during the 2nd quarter. Eagle Asset Management Inc. now owns 294,689 shares of the technology company's stock valued at $121,456,000 after purchasing an additional 6,604 shares during the last quarter. Finally, Park Avenue Securities LLC increased its holdings in MSCI by 9.2% during the 2nd quarter. Park Avenue Securities LLC now owns 4,136 shares of the technology company's stock worth $1,705,000 after purchasing an additional 347 shares in the last quarter. Institutional investors own 88.18% of the company's stock.
Get MSCI alerts:Analysts Set New Price Targets
Several research analysts recently issued reports on the company. Atlantic Securities lifted their target price on MSCI from $444.00 to $498.00 in a research report on Monday, November 7th. Raymond James lifted their price objective on shares of MSCI from $539.00 to $549.00 and gave the stock an "outperform" rating in a report on Wednesday. Royal Bank of Canada increased their target price on shares of MSCI from $520.00 to $600.00 and gave the company an "outperform" rating in a report on Wednesday. Morgan Stanley boosted their price target on shares of MSCI from $518.00 to $543.00 and gave the stock an "equal weight" rating in a report on Wednesday. Finally, StockNews.com assumed coverage on shares of MSCI in a research note on Wednesday, October 12th. They issued a "hold" rating for the company. Four analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $558.10.
MSCI Stock Down 0.2 %
NYSE MSCI opened at $567.43 on Friday. The company has a market cap of $45.37 billion, a PE ratio of 52.93 and a beta of 1.12. MSCI Inc. has a 52 week low of $376.41 and a 52 week high of $572.50. The firm's 50-day simple moving average is $494.20 and its two-hundred day simple moving average is $471.42.MSCI (NYSE:MSCI – Get Rating) last posted its quarterly earnings results on Tuesday, January 31st. The technology company reported $2.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.71 by $0.13. The company had revenue of $576.20 million for the quarter, compared to analyst estimates of $568.53 million. MSCI had a net margin of 38.72% and a negative return on equity of 93.56%. The company's quarterly revenue was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.51 earnings per share. As a group, equities research analysts anticipate that MSCI Inc. will post 12.85 EPS for the current year.
MSCI Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, February 28th. Stockholders of record on Friday, February 17th will be issued a $1.38 dividend. This is a positive change from MSCI's previous quarterly dividend of $1.25. This represents a $5.52 dividend on an annualized basis and a dividend yield of 0.97%. The ex-dividend date of this dividend is Thursday, February 16th. MSCI's dividend payout ratio (DPR) is presently 46.64%.
MSCI Company Profile
(Get Rating)
MSCI, Inc engages in the provision of investment decision support tools including indices, portfolio risk and performance analytics and corporate governance products and services. The company operates through the following business segments: Index, Analytics, Environmental, Social, and Governance (ESG), Real Estate, and Burgiss.
See Also
- Get a free copy of the StockNews.com research report on MSCI (MSCI)
- MarketBeat Week in Review – 1/30 – 2/3
- Are Penny Stocks Worth it? Should You Invest in Penny Stocks?
- Zimmer Biomet Beats on Earnings, Growth May be Priced In
- AI Software Maker EPAM Boasts Biggest Tech-Sector Rally
- Ford Stock Going Forward After Big Earnings Flop
Receive News & Ratings for MSCI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MSCI and related companies with MarketBeat.com's FREE daily email newsletter.