Trillium Asset Management LLC Makes New $6 Million Investment in MSCI Inc $MSCI

Trillium Asset Management LLC bought a new stake in shares of MSCI Inc (NYSE:MSCI) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 10,710 shares of the technology company’s stock, valued at approximately $5,998,000.

Several other large investors also recently made changes to their positions in MSCI. Empowered Funds LLC increased its holdings in shares of MSCI by 7.6% during the 1st quarter. Empowered Funds LLC now owns 2,003 shares of the technology company’s stock valued at $1,133,000 after acquiring an additional 142 shares during the last quarter. Woodline Partners LP lifted its holdings in MSCI by 39.0% in the 1st quarter. Woodline Partners LP now owns 6,585 shares of the technology company’s stock worth $3,724,000 after purchasing an additional 1,846 shares during the last quarter. Sivia Capital Partners LLC lifted its holdings in MSCI by 20.9% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,052 shares of the technology company’s stock worth $607,000 after purchasing an additional 182 shares during the last quarter. Treasurer of the State of North Carolina boosted its position in MSCI by 1.0% during the second quarter. Treasurer of the State of North Carolina now owns 35,130 shares of the technology company’s stock worth $20,261,000 after purchasing an additional 344 shares during the period. Finally, Osterweis Capital Management Inc. acquired a new position in MSCI during the second quarter valued at approximately $88,000. Institutional investors own 89.97% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on MSCI. Morgan Stanley reissued an “overweight” rating and issued a $700.00 price target on shares of MSCI in a research report on Tuesday, July 21st. Jefferies Financial Group assumed coverage on shares of MSCI in a report on Friday, July 17th. They set a “buy” rating and a $760.00 price objective for the company. JPMorgan Chase & Co. lifted their target price on shares of MSCI from $700.00 to $742.00 and gave the stock an “overweight” rating in a report on Monday, July 20th. Wells Fargo & Company cut their target price on shares of MSCI from $700.00 to $690.00 and set an “overweight” rating for the company in a research report on Wednesday, July 22nd. Finally, Weiss Ratings cut shares of MSCI from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating and eleven have given a Buy rating to the company’s stock. According to MarketBeat.com, MSCI has an average rating of “Buy” and a consensus target price of $709.50.

MSCI Stock Performance

Shares of MSCI stock opened at $568.09 on Friday. The firm has a fifty day moving average of $583.00 and a 200-day moving average of $573.62. The stock has a market cap of $41.30 billion, a price-to-earnings ratio of 31.08, a P/E/G ratio of 2.16 and a beta of 1.23. MSCI Inc has a 52-week low of $501.08 and a 52-week high of $644.77.

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

MSCI Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 14th will be issued a $2.05 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $8.20 dividend on an annualized basis and a dividend yield of 1.4%. MSCI’s dividend payout ratio is presently 44.86%.

MSCI 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.