MSCI Inc $MSCI Shares Bought by Middleton & Co. Inc. MA

Middleton & Co. Inc. MA grew its holdings in MSCI Inc (NYSE:MSCI) by 0.7% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,435 shares of the technology company’s stock after buying an additional 89 shares during the period. Middleton & Co. Inc. MA’s holdings in MSCI were worth $7,172,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. grew its stake in MSCI by 5.9% during the 1st quarter. Vanguard Group Inc. now owns 9,376,852 shares of the technology company’s stock valued at $5,302,610,000 after acquiring an additional 518,833 shares in the last quarter. AQR Capital Management LLC grew its position in shares of MSCI by 355.7% in the first quarter. AQR Capital Management LLC now owns 660,690 shares of the technology company’s stock valued at $365,976,000 after purchasing an additional 515,713 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich increased its holdings in shares of MSCI by 605,802.9% in the first quarter. Bank Julius Baer & Co. Ltd Zurich now owns 212,066 shares of the technology company’s stock valued at $129,903,000 after purchasing an additional 212,031 shares during the last quarter. Jacobs Levy Equity Management Inc. purchased a new position in MSCI during the first quarter worth approximately $119,408,000. Finally, Nuveen LLC acquired a new position in MSCI during the first quarter worth $117,879,000. 89.97% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on MSCI. Wells Fargo & Company lifted their price target on MSCI from $533.00 to $570.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 29th. Seaport Res Ptn raised shares of MSCI to a “strong-buy” rating in a research note on Wednesday, October 1st. UBS Group raised their price target on shares of MSCI from $700.00 to $710.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. Evercore ISI lifted their price target on shares of MSCI from $588.00 to $611.00 and gave the company an “outperform” rating in a research report on Tuesday, October 14th. Finally, Raymond James Financial upgraded MSCI from a “market perform” rating to an “outperform” rating and set a $650.00 price objective for the company in a research report on Friday, July 25th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $655.90.

MSCI Price Performance

Shares of NYSE:MSCI opened at $571.85 on Thursday. The firm has a market capitalization of $42.97 billion, a PE ratio of 36.24, a price-to-earnings-growth ratio of 2.76 and a beta of 1.33. MSCI Inc has a 1 year low of $486.73 and a 1 year high of $642.45. The firm’s 50-day moving average is $562.03 and its two-hundred day moving average is $561.06.

MSCI (NYSE:MSCI) last announced its quarterly earnings data on Tuesday, October 28th. The technology company reported $4.47 earnings per share for the quarter, beating analysts’ consensus estimates of $4.37 by $0.10. MSCI had a net margin of 40.03% and a negative return on equity of 110.94%. The firm had revenue of $793.43 million during the quarter, compared to analysts’ expectations of $794.87 million. During the same quarter in the previous year, the business posted $3.86 earnings per share. The business’s quarterly revenue was up 9.5% compared to the same quarter last year. Analysts expect that MSCI Inc will post 16.86 EPS for the current fiscal year.

MSCI declared that its board has initiated a share buyback plan on Tuesday, October 28th that authorizes the company to repurchase $3.00 billion in shares. This repurchase authorization authorizes the technology company to repurchase up to 7.1% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s management believes its stock is undervalued.

MSCI Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 28th. Stockholders of record on Friday, November 14th will be paid a $1.80 dividend. This represents a $7.20 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Friday, November 14th. MSCI’s dividend payout ratio (DPR) is presently 45.63%.

MSCI Company 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.