Sustainable Insight Capital Management LLC Acquires 2,919 Shares of MSCI Inc. (NYSE:MSCI)

Sustainable Insight Capital Management LLC grew its holdings in MSCI Inc. (NYSE:MSCI) by 52.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,534 shares of the technology company’s stock after acquiring an additional 2,919 shares during the quarter. MSCI accounts for 2.2% of Sustainable Insight Capital Management LLC’s portfolio, making the stock its 17th largest holding. Sustainable Insight Capital Management LLC’s holdings in MSCI were worth $5,120,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. HWG Holdings LP bought a new stake in MSCI in the 2nd quarter valued at $27,000. LRI Investments LLC increased its position in MSCI by 120.0% in the 3rd quarter. LRI Investments LLC now owns 44 shares of the technology company’s stock valued at $27,000 after acquiring an additional 24 shares in the last quarter. True Wealth Design LLC acquired a new position in shares of MSCI during the third quarter worth approximately $38,000. Ashton Thomas Securities LLC bought a new stake in shares of MSCI during the third quarter valued at approximately $40,000. Finally, Planning Capital Management Corp increased its holdings in shares of MSCI by 35.1% in the third quarter. Planning Capital Management Corp now owns 77 shares of the technology company’s stock valued at $45,000 after purchasing an additional 20 shares in the last quarter. 89.97% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CEO Henry A. Fernandez purchased 2,900 shares of the business’s stock in a transaction dated Thursday, December 5th. The shares were purchased 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 owns 330,379 shares of the company’s stock, valued at $202,456,251.20. This trade represents a 0.89 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. 3.20% of the stock is owned by corporate insiders.

MSCI Price Performance

MSCI stock opened at $614.58 on Friday. The stock has a market capitalization of $48.16 billion, a price-to-earnings ratio of 40.35, a PEG ratio of 2.78 and a beta of 1.11. MSCI Inc. has a fifty-two week low of $439.95 and a fifty-two week high of $642.45. The business’s fifty day moving average price is $604.61 and its two-hundred day moving average price is $577.21.

MSCI (NYSE:MSCI) last issued its quarterly earnings results on Tuesday, October 29th. The technology company reported $3.86 EPS for the quarter, topping analysts’ consensus estimates 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 analysts’ expectations of $716.15 million. During the same quarter last year, the business earned $3.45 earnings per share. MSCI’s revenue was up 15.9% on a year-over-year basis. Research analysts expect that MSCI Inc. will post 14.99 EPS for the current year.

MSCI Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 15th were issued a dividend of $1.60 per share. This represents a $6.40 annualized dividend and a dividend yield of 1.04%. The ex-dividend date of this dividend was Friday, November 15th. MSCI’s dividend payout ratio (DPR) is presently 42.02%.

Analyst Ratings Changes

A number of research firms have recently weighed in on MSCI. JPMorgan Chase & Co. boosted their target price on MSCI from $680.00 to $700.00 and gave the stock an “overweight” rating in a research report on Tuesday. UBS Group dropped their target price on shares of MSCI from $695.00 to $680.00 and set a “buy” rating for the company in a research report on Wednesday, October 30th. Morgan Stanley upped their price objective on MSCI from $662.00 to $695.00 and gave the company an “overweight” rating in a report on Thursday, December 12th. Evercore ISI began coverage on MSCI in a research note on Wednesday, October 2nd. They set an “outperform” rating and a $690.00 price objective on the stock. Finally, Wolfe Research raised MSCI from a “peer perform” rating to an “outperform” rating in a research note on Thursday, December 12th. Four research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $649.85.

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.