Deutsche Bank AG Invests $207.95 Million in MSCI Inc $MSCI

Deutsche Bank AG acquired a new stake in MSCI Inc (NYSE:MSCI) in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm acquired 371,305 shares of the technology company’s stock, valued at approximately $207,946,000.

Other institutional investors also recently modified their holdings of the company. Mowery & Schoenfeld Wealth Management LLC increased its position in shares of MSCI by 341.7% during the fourth quarter. Mowery & Schoenfeld Wealth Management LLC now owns 53 shares of the technology company’s stock valued at $30,000 after acquiring an additional 41 shares during the last quarter. Harvest Fund Management Co. Ltd purchased a new position in MSCI in the fourth quarter worth $30,000. Elyxium Wealth LLC bought a new position in MSCI in the 4th quarter valued at $34,000. Compound Global Advisors LLC bought a new position in MSCI in the 2nd quarter valued at $34,000. Finally, SHP Wealth Management purchased a new stake in shares of MSCI during the 4th quarter valued at $36,000. 89.97% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

MSCI has been the topic of a number of research analyst reports. Weiss Ratings downgraded shares of MSCI from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, July 30th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $655.00 price objective on shares of MSCI in a research report on Wednesday, April 22nd. Bank of America boosted their target price on shares of MSCI from $715.00 to $730.00 and gave the company a “buy” rating in a research note on Friday, July 10th. Evercore set a $722.00 target price on shares of MSCI in a research report on Wednesday, July 22nd. Finally, Morgan Stanley restated an “overweight” rating and set a $700.00 price target on shares of MSCI in a research note on Tuesday, July 21st. One investment analyst has rated the stock with a Strong Buy rating and eleven have given a Buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $709.50.

MSCI Price Performance

Shares of MSCI stock opened at $562.75 on Wednesday. The stock has a market capitalization of $40.91 billion, a price-to-earnings ratio of 30.79, a PEG ratio of 2.17 and a beta of 1.23. The company’s fifty day simple moving average is $584.43 and its two-hundred day simple moving average is $574.20. MSCI Inc has a 1 year low of $501.08 and a 1 year high of $644.77.

MSCI (NYSE:MSCI) last posted its quarterly earnings results on Tuesday, July 21st. The technology company reported $4.94 EPS for the quarter, missing analysts’ consensus estimates of $4.99 by ($0.05). The company had revenue of $867.00 million during the quarter, compared to the consensus estimate of $870.71 million. MSCI had a negative return on equity of 55.19% and a net margin of 40.74%.MSCI’s revenue was up 12.2% on a year-over-year basis. During the same period in the previous year, the business earned $4.17 earnings per share. Equities research analysts anticipate that MSCI Inc will post 19.61 EPS for the current year.

MSCI Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be paid a $2.05 dividend. The ex-dividend date is Friday, August 14th. This represents a $8.20 annualized dividend and a yield of 1.5%. MSCI’s dividend payout ratio (DPR) is currently 44.86%.

About MSCI

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.