MSCI Inc $MSCI Stake Increased by Intech Investment Management LLC

Intech Investment Management LLC lifted its holdings in MSCI Inc (NYSE:MSCI) by 137.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,547 shares of the technology company’s stock after buying an additional 6,100 shares during the period. Intech Investment Management LLC’s holdings in MSCI were worth $5,984,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of MSCI. Vanguard Group Inc. lifted its stake in MSCI by 1.7% in the 3rd quarter. Vanguard Group Inc. now owns 9,674,093 shares of the technology company’s stock worth $5,489,177,000 after acquiring an additional 165,851 shares in the last quarter. State Street Corp increased its holdings in shares of MSCI by 1.4% in the 2nd quarter. State Street Corp now owns 3,281,311 shares of the technology company’s stock valued at $1,892,463,000 after purchasing an additional 45,547 shares during the period. Bamco Inc. NY increased its holdings in shares of MSCI by 4.8% in the 2nd quarter. Bamco Inc. NY now owns 2,170,333 shares of the technology company’s stock valued at $1,251,718,000 after purchasing an additional 98,680 shares during the period. Geode Capital Management LLC lifted its position in shares of MSCI by 1.8% in the second quarter. Geode Capital Management LLC now owns 1,993,524 shares of the technology company’s stock worth $1,146,298,000 after purchasing an additional 34,335 shares in the last quarter. Finally, Principal Financial Group Inc. boosted its holdings in shares of MSCI by 6.6% during the third quarter. Principal Financial Group Inc. now owns 1,777,749 shares of the technology company’s stock worth $1,008,745,000 after purchasing an additional 109,287 shares during the period. 89.97% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CFO Andrew C. Wiechmann sold 450 shares of the business’s stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $550.00, for a total value of $247,500.00. Following the completion of the sale, the chief financial officer directly owned 21,639 shares in the company, valued at approximately $11,901,450. The trade was a 2.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Henry A. Fernandez bought 800 shares of the stock in a transaction that occurred on Tuesday, February 17th. The stock was purchased at an average price of $518.95 per share, for a total transaction of $415,160.00. Following the completion of the purchase, the chief executive officer directly owned 1,493,847 shares in the company, valued at $775,231,900.65. The trade was a 0.05% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have acquired 19,300 shares of company stock valued at $10,261,957 in the last ninety days. Company insiders own 3.31% of the company’s stock.

MSCI Trading Down 0.3%

Shares of NYSE:MSCI opened at $570.93 on Friday. The stock has a market capitalization of $41.95 billion, a PE ratio of 36.39, a P/E/G ratio of 2.33 and a beta of 1.29. MSCI Inc has a 1 year low of $486.73 and a 1 year high of $626.28. The firm has a fifty day moving average price of $572.43 and a 200 day moving average price of $565.38.

MSCI (NYSE:MSCI) last announced its quarterly earnings results on Wednesday, January 28th. The technology company reported $4.66 earnings per share for the quarter, topping analysts’ consensus estimates of $4.62 by $0.04. The company had revenue of $822.53 million during the quarter, compared to analysts’ expectations of $819.51 million. MSCI had a negative return on equity of 82.59% and a net margin of 38.36%.The business’s quarterly revenue was up 10.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $4.18 earnings per share. On average, sell-side analysts forecast that MSCI Inc will post 16.86 earnings per share for the current fiscal year.

MSCI Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 13th were given a dividend of $2.05 per share. The ex-dividend date of this dividend was Friday, February 13th. This is an increase from MSCI’s previous quarterly dividend of $1.80. This represents a $8.20 dividend on an annualized basis and a yield of 1.4%. MSCI’s dividend payout ratio (DPR) is currently 52.26%.

Wall Street Analyst Weigh In

Several research firms have weighed in on MSCI. Weiss Ratings upgraded shares of MSCI from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday. Evercore boosted their price target on shares of MSCI from $655.00 to $690.00 and gave the company an “outperform” rating in a report on Thursday, January 29th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $715.00 price objective on shares of MSCI in a report on Thursday, January 29th. Royal Bank Of Canada restated an “outperform” rating and issued a $655.00 target price on shares of MSCI in a research note on Thursday, January 29th. Finally, UBS Group set a $638.00 target price on MSCI in a research report on Wednesday, January 28th. Nine equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $671.78.

MSCI Company Profile

MSCI Inc is a global provider of investment decision support tools and services for the financial industry. The company is best known for its family of market indexes, which are widely used as benchmarks by asset managers and as the basis for exchange-traded funds and other passive products. In addition to index construction and licensing, MSCI offers portfolio analytics, risk models, factor and performance attribution tools, and a suite of data and technology solutions designed to support portfolio management and trading.

Beyond traditional indexing and risk analytics, MSCI has expanded into environmental, social and governance (ESG) research and ratings, offering data, scores and screening tools that help investors integrate sustainability considerations into investment processes.