WINTON GROUP Ltd Makes New Investment in MSCI Inc $MSCI

WINTON GROUP Ltd bought a new position in shares of MSCI Inc (NYSE:MSCI) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 10,549 shares of the technology company’s stock, valued at approximately $6,052,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its holdings in MSCI by 1.7% during 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 during the last quarter. State Street Corp grew its holdings in MSCI by 1.2% during the 3rd quarter. State Street Corp now owns 3,320,761 shares of the technology company’s stock worth $1,884,233,000 after acquiring an additional 39,450 shares during the last quarter. Bamco Inc. NY grew its holdings in MSCI by 10.3% during the 3rd quarter. Bamco Inc. NY now owns 2,394,117 shares of the technology company’s stock worth $1,358,446,000 after acquiring an additional 223,784 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in MSCI by 36.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,069,180 shares of the technology company’s stock worth $606,674,000 after acquiring an additional 282,859 shares during the last quarter. Finally, PineStone Asset Management Inc. grew its holdings in MSCI by 4.1% during the 4th quarter. PineStone Asset Management Inc. now owns 1,000,942 shares of the technology company’s stock worth $574,270,000 after acquiring an additional 39,099 shares during the last quarter. 89.97% of the stock is owned by institutional investors.

MSCI Stock Performance

Shares of NYSE MSCI opened at $616.28 on Friday. The company has a market capitalization of $44.87 billion, a P/E ratio of 35.20, a price-to-earnings-growth ratio of 2.32 and a beta of 1.24. MSCI Inc has a 52-week low of $501.08 and a 52-week high of $644.68. The company’s 50 day moving average price is $578.01 and its 200-day moving average price is $568.85.

MSCI (NYSE:MSCI) last issued its quarterly earnings results on Tuesday, April 21st. The technology company reported $4.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.38 by $0.17. The firm had revenue of $850.80 million for the quarter, compared to the consensus estimate of $830.91 million. MSCI had a net margin of 40.74% and a negative return on equity of 65.48%. The company’s revenue for the quarter was up 14.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $4.00 EPS. Analysts forecast that MSCI Inc will post 19.62 earnings per share for the current year.

MSCI Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 15th were given a dividend of $2.05 per share. This represents a $8.20 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date was Friday, May 15th. MSCI’s payout ratio is presently 46.83%.

Insiders Place Their Bets

In related news, CFO Andrew C. Wiechmann sold 450 shares of the business’s stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $560.00, for a total transaction of $252,000.00. Following the transaction, the chief financial officer owned 22,544 shares in the company, valued at $12,624,640. The trade was a 1.96% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Alvise J. Munari sold 10,000 shares of the business’s stock in a transaction on Friday, April 24th. The shares were sold at an average price of $592.04, for a total transaction of $5,920,400.00. Following the transaction, the insider owned 23,548 shares in the company, valued at $13,941,357.92. The trade was a 29.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 3.76% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on MSCI. Morgan Stanley boosted their target price on shares of MSCI from $719.00 to $727.00 and gave the stock an “overweight” rating in a report on Wednesday, April 22nd. Raymond James Financial reissued a “strong-buy” rating and set a $730.00 target price on shares of MSCI in a report on Tuesday, April 21st. Bank of America began coverage on shares of MSCI in a report on Tuesday, February 17th. They set a “buy” rating and a $700.00 target price on the stock. Royal Bank Of Canada reissued an “outperform” rating and set a $655.00 target price on shares of MSCI in a report on Wednesday, April 22nd. Finally, Weiss Ratings raised shares of MSCI from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, June 1st. One research analyst has rated the stock with a Strong Buy rating and ten have assigned a Buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $697.70.

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.