MSCI Inc $MSCI Shares Sold by Sava Infond d.o.o.

Sava Infond d.o.o. reduced its position in shares of MSCI Inc (NYSE:MSCI) by 18.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 900 shares of the technology company’s stock after selling 200 shares during the period. Sava Infond d.o.o.’s holdings in MSCI were worth $519,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Olde Wealth Management LLC purchased a new position in shares of MSCI during the 1st quarter worth about $27,000. Meeder Asset Management Inc. lifted its holdings in shares of MSCI by 136.4% during the 1st quarter. Meeder Asset Management Inc. now owns 52 shares of the technology company’s stock worth $29,000 after acquiring an additional 30 shares during the period. Steph & Co. purchased a new position in shares of MSCI during the 2nd quarter worth about $35,000. Migdal Insurance & Financial Holdings Ltd. lifted its holdings in shares of MSCI by 50.0% during the 1st quarter. Migdal Insurance & Financial Holdings Ltd. now owns 66 shares of the technology company’s stock worth $37,000 after acquiring an additional 22 shares during the period. Finally, HWG Holdings LP purchased a new position in shares of MSCI during the 1st quarter worth about $44,000. 89.97% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at MSCI

In other news, CEO Henry A. Fernandez acquired 84 shares of the stock in a transaction on Friday, July 25th. The stock was bought at an average price of $548.69 per share, with a total value of $46,089.96. Following the completion of the transaction, the chief executive officer directly owned 1,279,951 shares of the company’s stock, valued at $702,296,314.19. The trade was a 0.01% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders have purchased a total of 12,400 shares of company stock valued at $6,731,599 over the last three months. 3.31% of the stock is owned by company insiders.

MSCI Stock Up 0.0%

Shares of NYSE:MSCI opened at $560.95 on Friday. MSCI Inc has a 52-week low of $486.73 and a 52-week high of $642.45. The company has a 50 day moving average of $563.68 and a two-hundred day moving average of $559.54. The company has a market capitalization of $43.40 billion, a price-to-earnings ratio of 37.15, a price-to-earnings-growth ratio of 2.74 and a beta of 1.33.

MSCI (NYSE:MSCI) last issued its quarterly earnings data on Tuesday, July 22nd. The technology company reported $4.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.12 by $0.05. MSCI had a net margin of 39.46% and a negative return on equity of 143.13%. The company had revenue of $772.68 million during the quarter, compared to the consensus estimate of $763.06 million. During the same quarter last year, the company earned $3.64 earnings per share. MSCI’s revenue for the quarter was up 9.1% on a year-over-year basis. On average, equities analysts anticipate that MSCI Inc will post 16.86 earnings per share for the current year.

MSCI Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 29th. Shareholders of record on Friday, August 15th were given a $1.80 dividend. The ex-dividend date of this dividend was Friday, August 15th. This represents a $7.20 annualized dividend and a yield of 1.3%. MSCI’s dividend payout ratio (DPR) is 47.68%.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on MSCI. Raymond James Financial upgraded shares of MSCI from a “market perform” rating to an “outperform” rating and set a $650.00 price objective on the stock in a report on Friday, July 25th. Weiss Ratings reiterated a “buy (b-)” rating on shares of MSCI in a report on Saturday, September 27th. Seaport Res Ptn upgraded shares of MSCI to a “strong-buy” rating in a report on Wednesday. JPMorgan Chase & Co. increased their price objective on shares of MSCI from $625.00 to $655.00 and gave the stock an “overweight” rating in a report on Wednesday, September 10th. Finally, Wells Fargo & Company cut their price target on shares of MSCI from $578.00 to $533.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 23rd. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, MSCI has an average rating of “Moderate Buy” and a consensus price target of $652.45.

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.