Raymond James Trust N.A. Trims Position in MSCI Inc. (NYSE:MSCI)

Raymond James Trust N.A. trimmed its position in MSCI Inc. (NYSE:MSCIGet Rating) by 15.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 811 shares of the technology company’s stock after selling 152 shares during the quarter. Raymond James Trust N.A.’s holdings in MSCI were worth $342,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Bishop Rock Capital L.P. grew its position in MSCI by 18,898.0% during the second quarter. Bishop Rock Capital L.P. now owns 3,918,722 shares of the technology company’s stock worth $9,508,000 after buying an additional 3,898,095 shares in the last quarter. Price T Rowe Associates Inc. MD increased its position in shares of MSCI by 128.4% in the second quarter. Price T Rowe Associates Inc. MD now owns 3,412,649 shares of the technology company’s stock worth $1,406,523,000 after purchasing an additional 1,918,640 shares during the last quarter. Capital Research Global Investors increased its position in shares of MSCI by 312.3% in the first quarter. Capital Research Global Investors now owns 852,913 shares of the technology company’s stock worth $428,913,000 after purchasing an additional 646,050 shares during the last quarter. Durable Capital Partners LP raised its stake in MSCI by 26.3% in the first quarter. Durable Capital Partners LP now owns 1,208,281 shares of the technology company’s stock valued at $607,620,000 after purchasing an additional 251,686 shares in the last quarter. Finally, Renaissance Technologies LLC lifted its position in MSCI by 953.4% during the first quarter. Renaissance Technologies LLC now owns 233,021 shares of the technology company’s stock valued at $117,182,000 after purchasing an additional 210,900 shares during the last quarter. 88.18% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

MSCI has been the topic of several research reports. StockNews.com assumed coverage on shares of MSCI in a research report on Wednesday, October 12th. They set a “hold” rating on the stock. Morgan Stanley lifted their price target on MSCI from $500.00 to $518.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 4th. JPMorgan Chase & Co. started coverage on MSCI in a research report on Tuesday, December 13th. They set an “overweight” rating and a $580.00 price objective on the stock. Atlantic Securities raised their price objective on MSCI from $444.00 to $498.00 in a report on Monday, November 7th. Finally, Oppenheimer cut their target price on MSCI to $504.00 in a research note on Wednesday, October 5th. Four equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $531.70.

Insider Activity at MSCI

In other MSCI news, insider Scott A. Crum sold 7,500 shares of MSCI stock in a transaction that occurred on Thursday, October 27th. The stock was sold at an average price of $460.00, for a total transaction of $3,450,000.00. Following the sale, the insider now directly owns 19,908 shares of the company’s stock, valued at approximately $9,157,680. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other MSCI news, CFO Andrew C. Wiechmann sold 1,100 shares of the firm’s stock in a transaction that occurred on Thursday, November 3rd. The shares were sold at an average price of $453.38, for a total transaction of $498,718.00. Following the completion of the transaction, the chief financial officer now owns 15,908 shares of the company’s stock, valued at $7,212,369.04. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Scott A. Crum sold 7,500 shares of the business’s stock in a transaction that occurred on Thursday, October 27th. The stock was sold at an average price of $460.00, for a total value of $3,450,000.00. Following the completion of the sale, the insider now directly owns 19,908 shares in the company, valued at $9,157,680. The disclosure for this sale can be found here. 3.02% of the stock is owned by corporate insiders.

MSCI Stock Up 0.2 %

NYSE:MSCI opened at $505.24 on Monday. The firm has a market capitalization of $40.40 billion, a P/E ratio of 48.72 and a beta of 1.11. The company has a fifty day moving average of $487.11 and a 200 day moving average of $462.50. MSCI Inc. has a 52 week low of $376.41 and a 52 week high of $564.27.

MSCI (NYSE:MSCIGet Rating) last announced its quarterly earnings results on Tuesday, October 25th. The technology company reported $2.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.76 by $0.09. The company had revenue of $560.64 million for the quarter, compared to the consensus estimate of $564.96 million. MSCI had a negative return on equity of 115.88% and a net margin of 38.23%. As a group, analysts anticipate that MSCI Inc. will post 11.32 EPS for the current year.

MSCI Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 30th. Stockholders of record on Thursday, November 10th were given a $1.25 dividend. The ex-dividend date of this dividend was Wednesday, November 9th. This represents a $5.00 annualized dividend and a dividend yield of 0.99%. MSCI’s dividend payout ratio is 48.22%.

MSCI Profile

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MSCI Inc, together with its subsidiaries, provides investment decision support tools for the clients to manage their investment processes worldwide. It operates through four segments: Index, Analytics, ESG and Climate, and All Other – Private Assets. The Index segment provides indexes for use in various areas of the investment process, including indexed product creation, such as ETFs, mutual funds, annuities, futures, options, structured products, over-the-counter derivatives; performance benchmarking; portfolio construction and rebalancing; and asset allocation, as well as licenses GICS and GICS Direct.

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Institutional Ownership by Quarter for MSCI (NYSE:MSCI)

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