Integrated Investment Consultants LLC Has $652,000 Stock Holdings in MSCI Inc. (NYSE:MSCI)

Integrated Investment Consultants LLC raised its stake in shares of MSCI Inc. (NYSE:MSCI) by 3.9% during the fourth quarter, Holdings Channel reports. The firm owned 1,087 shares of the technology company’s stock after buying an additional 41 shares during the period. Integrated Investment Consultants LLC’s holdings in MSCI were worth $652,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. Edgewood Management LLC lifted its position in shares of MSCI by 16.9% during the 3rd quarter. Edgewood Management LLC now owns 2,195,639 shares of the technology company’s stock worth $1,279,904,000 after buying an additional 318,214 shares during the period. Massachusetts Financial Services Co. MA raised 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 acquiring an additional 198,666 shares in the last quarter. Canoe Financial LP lifted its holdings in shares of MSCI by 700.4% during the fourth quarter. Canoe Financial LP now owns 186,131 shares of the technology company’s stock valued at $111,680,000 after acquiring an additional 162,877 shares during the period. Assenagon Asset Management S.A. boosted its stake in shares of MSCI by 358.3% in the 3rd quarter. Assenagon Asset Management S.A. now owns 133,636 shares of the technology company’s stock valued at $77,900,000 after purchasing an additional 104,474 shares in the last quarter. Finally, Champlain Investment Partners LLC acquired a new stake in shares of MSCI in the 3rd quarter valued at $56,101,000. 89.97% of the stock is currently owned by institutional investors.

Insider Activity at MSCI

In other news, CEO Henry A. Fernandez purchased 2,900 shares of the business’s stock in a transaction that occurred on Thursday, December 5th. The shares were acquired at an average cost of $612.80 per share, for a total transaction of $1,777,120.00. Following the transaction, the chief executive officer now directly owns 330,379 shares of the company’s stock, valued at approximately $202,456,251.20. The trade was a 0.89 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. 3.20% of the stock is currently owned by corporate insiders.

MSCI Stock Up 0.4 %

Shares of MSCI stock opened at $612.25 on Friday. MSCI Inc. has a 12 month low of $439.95 and a 12 month high of $642.45. The firm has a market cap of $47.98 billion, a price-to-earnings ratio of 40.20, a PEG ratio of 2.61 and a beta of 1.11. The stock has a 50-day moving average price of $603.57 and a 200 day moving average price of $573.14.

MSCI (NYSE:MSCI) last posted its quarterly earnings results on Tuesday, October 29th. The technology company reported $3.86 earnings per share 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 business had revenue of $724.70 million during the quarter, compared to the consensus estimate of $716.15 million. During the same period in the previous year, the firm posted $3.45 earnings per share. MSCI’s revenue for the quarter was up 15.9% compared to the same quarter last year. Sell-side analysts predict that MSCI Inc. will post 14.99 earnings per share for the current fiscal year.

MSCI Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 15th were paid a dividend of $1.60 per share. The ex-dividend date was Friday, November 15th. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.05%. MSCI’s dividend payout ratio (DPR) is presently 42.02%.

Analyst Ratings Changes

Several brokerages recently issued reports on MSCI. UBS Group cut their price target on shares of MSCI from $695.00 to $680.00 and set a “buy” rating for the company in a report on Wednesday, October 30th. Royal Bank of Canada reiterated an “outperform” rating and issued a $638.00 target price on shares of MSCI in a research note on Wednesday, October 30th. The Goldman Sachs Group raised MSCI from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $617.00 to $723.00 in a report on Wednesday, December 18th. Wolfe Research raised MSCI from a “peer perform” rating to an “outperform” rating in a report on Thursday, December 12th. Finally, Evercore ISI started coverage on MSCI in a research note on Wednesday, October 2nd. They issued an “outperform” rating and a $690.00 price objective on the stock. Four equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to MarketBeat, MSCI currently has a consensus rating of “Moderate Buy” and a consensus target price of $645.67.

About MSCI

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.