Threadgill Financial LLC Has $770,000 Position in MSCI Inc. (NYSE:MSCI)

Threadgill Financial LLC increased its holdings in shares of MSCI Inc. (NYSE:MSCI) by 255.4% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 1,283 shares of the technology company’s stock after purchasing an additional 922 shares during the period. MSCI makes up approximately 0.4% of Threadgill Financial LLC’s holdings, making the stock its 29th largest position. Threadgill Financial LLC’s holdings in MSCI were worth $770,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in MSCI. HWG Holdings LP acquired a new position in shares of MSCI during the second quarter valued at about $27,000. LRI Investments LLC increased its stake in MSCI by 120.0% during the third quarter. LRI Investments LLC now owns 44 shares of the technology company’s stock valued at $27,000 after acquiring an additional 24 shares during the period. True Wealth Design LLC acquired a new position in MSCI in the 3rd quarter valued at approximately $38,000. Ashton Thomas Securities LLC bought a new stake in shares of MSCI in the 3rd quarter worth approximately $40,000. Finally, Planning Capital Management Corp grew its holdings in shares of MSCI by 35.1% during the 3rd quarter. Planning Capital Management Corp now owns 77 shares of the technology company’s stock worth $45,000 after purchasing an additional 20 shares in the last quarter. Institutional investors own 89.97% of the company’s stock.

MSCI Stock Down 4.3 %

MSCI stock opened at $576.17 on Monday. The stock has a 50-day simple moving average of $602.56 and a 200 day simple moving average of $571.29. The stock has a market capitalization of $45.16 billion, a price-to-earnings ratio of 37.83, a P/E/G ratio of 3.21 and a beta of 1.11. MSCI Inc. has a 12-month low of $439.95 and a 12-month high of $642.45.

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

MSCI Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 15th were given a $1.60 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $6.40 dividend on an annualized basis and a yield of 1.11%. MSCI’s payout ratio is 42.02%.

Insiders Place Their Bets

In related news, CEO Henry A. Fernandez acquired 2,900 shares of the firm’s stock in a transaction that occurred on 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 purchase, the chief executive officer now directly owns 330,379 shares in the company, valued at approximately $202,456,251.20. This trade 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 available at the SEC website. Company insiders own 3.20% of the company’s stock.

Analyst Ratings Changes

MSCI has been the subject of several research reports. Morgan Stanley raised their target price on MSCI from $662.00 to $695.00 and gave the stock an “overweight” rating in a research report on Thursday, December 12th. UBS Group decreased their target price on shares of MSCI from $695.00 to $680.00 and set a “buy” rating on the stock in a research report on Wednesday, October 30th. Royal Bank of Canada reissued an “outperform” rating and issued a $638.00 price target on shares of MSCI in a research report on Wednesday, October 30th. Wells Fargo & Company lifted their price objective on MSCI from $570.00 to $600.00 and gave the company an “equal weight” rating in a report on Friday, October 11th. Finally, Evercore ISI began coverage on MSCI in a research report on Wednesday, October 2nd. They set an “outperform” rating and a $690.00 target price for the company. Four equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat.com, MSCI has an average rating of “Moderate Buy” and an average target price of $645.67.

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.