10,100 Shares in MSCI Inc. (NYSE:MSCI) Bought by Andra AP fonden

Andra AP fonden acquired a new position in MSCI Inc. (NYSE:MSCI) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,100 shares of the technology company’s stock, valued at approximately $4,866,000.

A number of other large investors have also recently bought and sold shares of the business. Vanguard Group Inc. boosted its holdings in MSCI by 0.4% in the first quarter. Vanguard Group Inc. now owns 8,719,381 shares of the technology company’s stock worth $4,886,777,000 after purchasing an additional 36,043 shares in the last quarter. Capital International Investors boosted its holdings in MSCI by 0.5% during the first quarter. Capital International Investors now owns 1,734,519 shares of the technology company’s stock valued at $972,111,000 after acquiring an additional 9,304 shares during the period. Principal Financial Group Inc. boosted its holdings in MSCI by 74.9% during the second quarter. Principal Financial Group Inc. now owns 1,456,194 shares of the technology company’s stock valued at $701,522,000 after acquiring an additional 623,712 shares during the period. Sustainable Growth Advisers LP boosted its holdings in MSCI by 1.8% during the first quarter. Sustainable Growth Advisers LP now owns 1,323,058 shares of the technology company’s stock valued at $741,508,000 after acquiring an additional 23,217 shares during the period. Finally, Brown Advisory Inc. boosted its holdings in MSCI by 4.4% during the fourth quarter. Brown Advisory Inc. now owns 1,038,761 shares of the technology company’s stock valued at $587,575,000 after acquiring an additional 44,234 shares during the period. 89.97% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Wells Fargo & Company upgraded shares of MSCI to a “hold” rating in a report on Tuesday, August 13th. UBS Group upped their price target on shares of MSCI from $575.00 to $585.00 and gave the company a “buy” rating in a report on Tuesday, July 9th. Argus upped their price target on shares of MSCI from $520.00 to $600.00 and gave the company a “buy” rating in a report on Friday, July 26th. The Goldman Sachs Group increased their target price on shares of MSCI from $526.00 to $590.00 and gave the company a “neutral” rating in a research note on Wednesday, July 24th. Finally, Barclays increased their target price on shares of MSCI from $600.00 to $650.00 and gave the company an “overweight” rating in a research note on Wednesday, July 24th. Eight analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $584.79.

MSCI Stock Down 0.1 %

NYSE:MSCI opened at $562.00 on Thursday. MSCI Inc. has a 12-month low of $439.95 and a 12-month high of $617.39. The firm has a market capitalization of $44.52 billion, a PE ratio of 38.36, a price-to-earnings-growth ratio of 3.05 and a beta of 1.11. The firm has a 50-day moving average price of $539.95 and a 200 day moving average price of $521.86.

MSCI (NYSE:MSCI) last posted its quarterly earnings results on Tuesday, July 23rd. The technology company reported $3.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.55 by $0.09. MSCI had a net margin of 43.86% and a negative return on equity of 143.09%. The firm had revenue of $707.90 million during the quarter, compared to analyst estimates of $696.41 million. During the same quarter in the prior year, the business posted $3.26 earnings per share. The company’s quarterly revenue was up 14.0% compared to the same quarter last year. On average, research analysts expect that MSCI Inc. will post 14.79 EPS for the current year.

MSCI Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Stockholders of record on Friday, August 16th were issued a dividend of $1.60 per share. This represents a $6.40 annualized dividend and a dividend yield of 1.14%. The ex-dividend date was Friday, August 16th. MSCI’s payout ratio is 43.69%.

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.