Msci Inc (NYSE:MSCI) Director Benjamin F. Dupont sold 8,000 shares of the stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $238.51, for a total value of $1,908,080.00. Following the sale, the director now owns 17,095 shares of the company’s stock, valued at approximately $4,077,328.45. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.
MSCI opened at $245.00 on Friday. The stock has a fifty day moving average of $226.15 and a 200-day moving average of $229.46. The firm has a market capitalization of $20.20 billion, a P/E ratio of 45.79, a PEG ratio of 3.72 and a beta of 1.14. Msci Inc has a 12-month low of $134.28 and a 12-month high of $249.25.
Msci (NYSE:MSCI) last released its earnings results on Thursday, October 31st. The technology company reported $1.68 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.59 by $0.09. Msci had a negative return on equity of 243.52% and a net margin of 39.20%. The company had revenue of $394.25 million during the quarter, compared to analyst estimates of $387.79 million. During the same quarter in the prior year, the company earned $1.35 earnings per share. The company’s revenue for the quarter was up 10.2% on a year-over-year basis. On average, equities analysts expect that Msci Inc will post 6.41 earnings per share for the current year.
A number of equities research analysts have recently commented on MSCI shares. ValuEngine downgraded Msci from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. Zacks Investment Research upgraded Msci from a “sell” rating to a “hold” rating and set a $258.00 price objective for the company in a research report on Monday, November 4th. Morgan Stanley increased their price objective on Msci from $223.00 to $240.00 and gave the company an “equal weight” rating in a research report on Friday, July 19th. Atlantic Securities started coverage on Msci in a research report on Wednesday, September 25th. They set a “neutral” rating and a $235.00 price objective for the company. Finally, Buckingham Research reduced their target price on Msci from $222.00 to $218.00 and set a “neutral” rating for the company in a report on Friday, October 11th. Seven analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $240.20.
Several hedge funds and other institutional investors have recently bought and sold shares of MSCI. Pensionfund DSM Netherlands acquired a new position in shares of Msci in the second quarter worth $2,507,000. Pensionfund Sabic acquired a new position in Msci during the second quarter worth $1,672,000. Dorsey Wright & Associates increased its position in Msci by 0.4% during the second quarter. Dorsey Wright & Associates now owns 38,331 shares of the technology company’s stock worth $9,153,000 after buying an additional 159 shares during the last quarter. Empowered Funds LLC acquired a new position in Msci during the second quarter worth $1,221,000. Finally, Crossmark Global Holdings Inc. increased its position in Msci by 1.7% during the second quarter. Crossmark Global Holdings Inc. now owns 6,050 shares of the technology company’s stock worth $1,445,000 after buying an additional 101 shares during the last quarter. 91.42% of the stock is currently owned by institutional investors and hedge funds.
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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