MSCI Inc. (NYSE:MSCI) Shares Sold by Ossiam

Ossiam trimmed its holdings in MSCI Inc. (NYSE:MSCI) by 71.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,686 shares of the technology company’s stock after selling 31,326 shares during the quarter. Ossiam’s holdings in MSCI were worth $7,110,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Norges Bank purchased a new position in shares of MSCI in the 4th quarter valued at approximately $496,541,000. Impax Asset Management Group plc grew its position in MSCI by 803.9% in the 4th quarter. Impax Asset Management Group plc now owns 587,978 shares of the technology company’s stock valued at $331,906,000 after buying an additional 522,926 shares during the last quarter. Public Employees Retirement Association of Colorado increased its stake in MSCI by 3,600.0% in the 4th quarter. Public Employees Retirement Association of Colorado now owns 253,636 shares of the technology company’s stock valued at $143,469,000 after buying an additional 246,781 shares during the period. Findlay Park Partners LLP purchased a new position in MSCI during the 1st quarter worth $114,836,000. Finally, Capital International Investors lifted its stake in shares of MSCI by 9.6% in the 4th quarter. Capital International Investors now owns 1,725,215 shares of the technology company’s stock worth $976,009,000 after acquiring an additional 151,108 shares during the period. 89.97% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, insider Scott A. Crum sold 9,000 shares of the company’s stock in a transaction that occurred on Tuesday, April 30th. The shares were sold at an average price of $471.69, for a total transaction of $4,245,210.00. Following the completion of the transaction, the insider now owns 12,831 shares of the company’s stock, valued at $6,052,254.39. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 3.20% of the company’s stock.

MSCI Stock Performance

NYSE MSCI traded up $4.29 during mid-day trading on Thursday, reaching $538.49. 586,389 shares of the stock were exchanged, compared to its average volume of 591,706. The stock has a market capitalization of $42.66 billion, a PE ratio of 36.76, a PEG ratio of 3.04 and a beta of 1.10. MSCI Inc. has a 1-year low of $439.95 and a 1-year high of $617.39. The business’s fifty day simple moving average is $494.99 and its 200 day simple moving average is $524.57.

MSCI (NYSE:MSCI) last posted its quarterly earnings data on Tuesday, July 23rd. The technology company reported $3.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.55 by $0.09. The business had revenue of $707.90 million for the quarter, compared to analysts’ expectations of $696.41 million. MSCI had a negative return on equity of 139.63% and a net margin of 43.86%. The business’s revenue was up 14.0% on a year-over-year basis. During the same quarter last year, the firm earned $3.26 earnings per share. On average, analysts anticipate that MSCI Inc. will post 14.68 EPS for the current year.

MSCI Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 30th. Stockholders of record on Friday, August 16th will be issued a dividend of $1.60 per share. The ex-dividend date of this dividend is Friday, August 16th. This represents a $6.40 annualized dividend and a dividend yield of 1.19%. MSCI’s payout ratio is currently 43.69%.

Analyst Upgrades and Downgrades

MSCI has been the topic of a number of recent analyst reports. Oppenheimer reiterated a “market perform” rating on shares of MSCI in a research note on Wednesday, April 24th. The Goldman Sachs Group boosted their target price on MSCI from $526.00 to $590.00 and gave the stock a “neutral” rating in a research report on Wednesday. Redburn Atlantic raised MSCI from a “neutral” rating to a “buy” rating and set a $485.00 price target for the company in a report on Monday, May 13th. Deutsche Bank Aktiengesellschaft upgraded MSCI from a “hold” rating to a “buy” rating and decreased their price target for the company from $613.00 to $569.00 in a research note on Wednesday, April 24th. Finally, UBS Group increased their price objective on MSCI from $575.00 to $585.00 and gave the stock a “buy” rating in a research report on Tuesday, July 9th. Seven equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. Based on data from MarketBeat.com, MSCI presently has an average rating of “Moderate Buy” and a consensus price target of $589.79.

MSCI Company Profile

MSCI Inc, together with its subsidiaries, provides critical decision support tools and solutions for the investment community to manage investment processes worldwide. The Index segment provides indexes for use in various areas of the investment process, including indexed financial product, such as ETFs, mutual funds, annuities, futures, options, structured products, and over-the-counter derivatives; performance benchmarking; portfolio construction and rebalancing; and asset allocation, as well as licenses GICS and GICS Direct.