One Wealth Capital Management LLC Invests $774,000 in MSCI Inc. (NYSE:MSCI)

One Wealth Capital Management LLC acquired a new stake in MSCI Inc. (NYSE:MSCI) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 1,290 shares of the technology company’s stock, valued at approximately $774,000.

Other large investors also recently bought and sold shares of the company. Edgewood Management LLC lifted its holdings in shares of MSCI by 16.9% in the 3rd quarter. Edgewood Management LLC now owns 2,195,639 shares of the technology company’s stock worth $1,279,904,000 after acquiring an additional 318,214 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its stake in MSCI by 14.3% during the third quarter. Massachusetts Financial Services Co. MA now owns 1,587,723 shares of the technology company’s stock worth $925,531,000 after purchasing an additional 198,666 shares in the last quarter. Assenagon Asset Management S.A. boosted its position in shares of MSCI by 358.3% during the third quarter. Assenagon Asset Management S.A. now owns 133,636 shares of the technology company’s stock worth $77,900,000 after buying an additional 104,474 shares during the period. Champlain Investment Partners LLC purchased a new position in shares of MSCI during the third quarter worth $56,101,000. Finally, APG Asset Management N.V. grew its stake in shares of MSCI by 38.8% in the second quarter. APG Asset Management N.V. now owns 315,887 shares of the technology company’s stock valued at $141,991,000 after buying an additional 88,239 shares in the last quarter. Institutional investors and hedge funds own 89.97% of the company’s stock.

MSCI Price Performance

Shares of MSCI stock traded down $7.58 during trading hours on Tuesday, hitting $589.08. The company had a trading volume of 291,277 shares, compared to its average volume of 310,550. The company’s 50-day moving average is $601.07 and its two-hundred day moving average is $568.33. The company has a market cap of $46.17 billion, a P/E ratio of 38.68, a price-to-earnings-growth ratio of 3.21 and a beta of 1.11. MSCI Inc. has a twelve month low of $439.95 and a twelve month high of $642.45.

MSCI (NYSE:MSCI) last issued its quarterly earnings data on Tuesday, October 29th. The technology company reported $3.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.77 by $0.09. MSCI had a negative return on equity of 162.06% and a net margin of 43.06%. The company had revenue of $724.70 million for the quarter, compared to analyst estimates of $716.15 million. During the same quarter last year, the company posted $3.45 earnings per share. The business’s quarterly revenue was up 15.9% compared to the same quarter last year. Sell-side analysts expect that MSCI Inc. will post 14.98 EPS for the current year.

MSCI Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 15th were paid a $1.60 dividend. This represents a $6.40 dividend on an annualized basis and a yield of 1.09%. The ex-dividend date was Friday, November 15th. MSCI’s dividend payout ratio is currently 42.02%.

Wall Street Analysts Forecast Growth

MSCI has been the subject of several research reports. The Goldman Sachs Group raised MSCI from a “neutral” rating to a “buy” rating and lifted their target price for the company from $617.00 to $723.00 in a research report on Wednesday, December 18th. Barclays upped their target price on shares of MSCI from $650.00 to $700.00 and gave the stock an “overweight” rating in a research note on Friday, September 13th. Evercore ISI started coverage on shares of MSCI in a research report on Wednesday, October 2nd. They issued an “outperform” rating and a $690.00 price target for the company. Redburn Atlantic raised MSCI from a “neutral” rating to a “buy” rating and set a $680.00 price objective on the stock in a research report on Wednesday, October 9th. Finally, Wells Fargo & Company boosted their target price on MSCI from $570.00 to $600.00 and gave the stock an “equal weight” rating in a research note on Friday, October 11th. Four analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat.com, MSCI currently has a consensus rating of “Moderate Buy” and an average price target of $645.67.

Insider Activity

In other MSCI news, CEO Henry A. Fernandez bought 2,900 shares of MSCI stock in a transaction dated Thursday, December 5th. The stock was acquired at an average cost of $612.80 per share, with a total value of $1,777,120.00. Following the completion of the acquisition, the chief executive officer now owns 330,379 shares of the company’s stock, valued at approximately $202,456,251.20. This represents a 0.89 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 3.20% of the company’s stock.

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.