MSCI Inc. (NYSE:MSCI) Shares Bought by Price T Rowe Associates Inc. MD

Price T Rowe Associates Inc. MD lifted its holdings in shares of MSCI Inc. (NYSE:MSCI) by 18.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 581,558 shares of the technology company’s stock after acquiring an additional 92,118 shares during the quarter. Price T Rowe Associates Inc. MD owned about 0.73% of MSCI worth $325,936,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Parkside Financial Bank & Trust lifted its holdings in shares of MSCI by 12.2% during the 4th quarter. Parkside Financial Bank & Trust now owns 165 shares of the technology company’s stock valued at $93,000 after acquiring an additional 18 shares in the last quarter. Legacy Advisors LLC lifted its holdings in MSCI by 2.8% in the 4th quarter. Legacy Advisors LLC now owns 664 shares of the technology company’s stock worth $376,000 after buying an additional 18 shares in the last quarter. Quent Capital LLC lifted its holdings in MSCI by 23.5% in the 4th quarter. Quent Capital LLC now owns 100 shares of the technology company’s stock worth $57,000 after buying an additional 19 shares in the last quarter. Sompo Asset Management Co. Ltd. lifted its holdings in MSCI by 1.0% in the 4th quarter. Sompo Asset Management Co. Ltd. now owns 2,080 shares of the technology company’s stock worth $1,177,000 after buying an additional 20 shares in the last quarter. Finally, EntryPoint Capital LLC lifted its holdings in MSCI by 11.1% in the 1st quarter. EntryPoint Capital LLC now owns 221 shares of the technology company’s stock worth $124,000 after buying an additional 22 shares in the last quarter. Institutional investors and hedge funds own 89.97% of the company’s stock.

Analyst Upgrades and Downgrades

MSCI has been the topic of a number of recent analyst reports. Barclays boosted their price objective on shares of MSCI from $600.00 to $650.00 and gave the stock an “overweight” rating in a report on Wednesday. Redburn Atlantic upgraded shares of MSCI from a “neutral” rating to a “buy” rating and set a $485.00 price objective on the stock in a report on Monday, May 13th. Argus boosted their price objective on shares of MSCI from $520.00 to $600.00 and gave the stock a “buy” rating in a report on Friday. Deutsche Bank Aktiengesellschaft raised shares of MSCI from a “hold” rating to a “buy” rating and dropped their target price for the stock from $613.00 to $569.00 in a research report on Wednesday, April 24th. Finally, The Goldman Sachs Group boosted their target price on shares of MSCI from $526.00 to $590.00 and gave the stock a “neutral” rating in a research report on Wednesday. Seven research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $591.21.

Insider Buying and Selling at MSCI

In other MSCI news, insider Scott A. Crum sold 9,000 shares of the business’s stock in a transaction dated 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 directly owns 12,831 shares of the company’s stock, valued at approximately $6,052,254.39. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 3.20% of the stock is currently owned by company insiders.

MSCI Price Performance

Shares of NYSE:MSCI traded up $2.34 during trading on Friday, reaching $540.55. 439,620 shares of the company’s stock traded hands, compared to its average volume of 578,947. MSCI Inc. has a 12 month low of $439.95 and a 12 month high of $617.39. The company has a 50 day moving average of $495.69 and a 200-day moving average of $524.45. The stock has a market capitalization of $42.51 billion, a P/E ratio of 36.90, a price-to-earnings-growth ratio of 2.98 and a beta of 1.10.

MSCI (NYSE:MSCI) last posted its earnings results on Tuesday, July 23rd. The technology company reported $3.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.55 by $0.09. The firm had revenue of $707.90 million during the quarter, compared to analyst estimates of $696.41 million. MSCI had a net margin of 43.86% and a negative return on equity of 143.09%. MSCI’s revenue was up 14.0% on a year-over-year basis. During the same period in the previous year, the business posted $3.26 EPS. Equities research analysts predict that MSCI Inc. will post 14.78 earnings per share for the current fiscal year.

MSCI Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 30th. Shareholders of record on Friday, August 16th will be paid a dividend of $1.60 per share. This represents a $6.40 dividend on an annualized basis and a yield of 1.18%. The ex-dividend date of this dividend is Friday, August 16th. MSCI’s payout ratio is 43.69%.

MSCI 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.