Favorable Media Coverage Extremely Likely to Affect Msci (MSCI) Share Price
Media coverage about Msci (NYSE:MSCI) has been trending positive this week, according to InfoTrie Sentiment. The research group ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Msci earned a media sentiment score of 2.42 on their scale. InfoTrie also assigned news coverage about the technology company an news buzz score of 10 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock’s share price in the next several days.
Here are some of the news headlines that may have effected Msci’s score:
- Mirae Asset MSCI AC World Index Securities Feeder Investment Trust UH – Equity (bloomberg.com)
- iShares MSCI All Country Asia ex Japan ETF (thestreet.com)
- EMERGING MARKETS-Latam currencies rise on Fed expectations; stocks mixed (feeds.reuters.com)
- iShares MSCI Dev World Index Fund;K (markets.businessinsider.com)
- DPAM Equities L – US SRI MSCI Index (bloomberg.com)
Several research firms have commented on MSCI. Zacks Investment Research upgraded Msci from a “hold” rating to a “buy” rating and set a $193.00 target price for the company in a research report on Tuesday, February 5th. Cantor Fitzgerald increased their target price on Msci to $188.00 and gave the company a “buy” rating in a research report on Friday, February 1st. Buckingham Research began coverage on Msci in a research report on Friday, January 25th. They issued a “neutral” rating and a $171.00 target price for the company. Barclays dropped their target price on Msci from $175.00 to $165.00 and set an “overweight” rating for the company in a research report on Monday, January 7th. Finally, UBS Group reiterated a “buy” rating and issued a $196.00 target price (up from $159.00) on shares of Msci in a research report on Friday, February 1st. Four analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $186.56.
Msci (NYSE:MSCI) last issued its quarterly earnings results on Thursday, January 31st. The technology company reported $1.31 earnings per share for the quarter, beating the consensus estimate of $1.30 by $0.01. The company had revenue of $361.69 million during the quarter, compared to analysts’ expectations of $360.95 million. Msci had a return on equity of 196.12% and a net margin of 35.42%. On average, research analysts anticipate that Msci will post 6.01 EPS for the current year.
The business also recently declared a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Friday, February 22nd were paid a $0.58 dividend. The ex-dividend date was Thursday, February 21st. This represents a $2.32 annualized dividend and a dividend yield of 1.21%. Msci’s payout ratio is 43.36%.
In other news, insider Scott A. Crum sold 19,000 shares of the stock in a transaction dated Friday, February 15th. The stock was sold at an average price of $175.14, for a total value of $3,327,660.00. Following the completion of the sale, the insider now owns 96,999 shares of the company’s stock, valued at $16,988,404.86. The sale was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 3.10% of the company’s stock.
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MSCI Inc, together with its subsidiaries, provides investment decision support tools for the clients to manage their investment processes worldwide. The company operates through four segments: Index, Analytics, ESG, and Real Estate. The Index segment primarily provides equity indexes for use in various areas of the investment process, including index-linked product creation and performance benchmarking, as well as portfolio construction and rebalancing, and asset allocation.
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