MSCI Inc. (NYSE:MSCI) Stock Position Increased by SVB Wealth LLC

SVB Wealth LLC increased its position in shares of MSCI Inc. (NYSE:MSCI) by 31.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 765 shares of the technology company’s stock after acquiring an additional 184 shares during the quarter. SVB Wealth LLC’s holdings in MSCI were worth $433,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Donaldson Capital Management LLC raised its holdings in shares of MSCI by 4.1% during the fourth quarter. Donaldson Capital Management LLC now owns 8,254 shares of the technology company’s stock valued at $4,669,000 after acquiring an additional 324 shares during the period. Cornercap Investment Counsel Inc. raised its holdings in shares of MSCI by 2.1% during the fourth quarter. Cornercap Investment Counsel Inc. now owns 4,478 shares of the technology company’s stock valued at $2,533,000 after acquiring an additional 92 shares during the period. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in shares of MSCI during the fourth quarter valued at approximately $297,000. Louisiana State Employees Retirement System acquired a new position in MSCI in the 4th quarter valued at approximately $2,715,000. Finally, Simplicity Solutions LLC increased its stake in MSCI by 6.3% in the 4th quarter. Simplicity Solutions LLC now owns 2,330 shares of the technology company’s stock valued at $1,318,000 after buying an additional 138 shares during the period. Institutional investors and hedge funds own 89.97% of the company’s stock.

MSCI Trading Up 0.9 %

NYSE MSCI opened at $510.07 on Monday. The company has a fifty day simple moving average of $552.00 and a 200 day simple moving average of $539.43. The company has a market cap of $40.41 billion, a P/E ratio of 35.42, a P/E/G ratio of 2.56 and a beta of 1.06. MSCI Inc. has a 1 year low of $451.55 and a 1 year high of $617.39.

MSCI (NYSE:MSCI) last posted its quarterly earnings data on Tuesday, January 30th. The technology company reported $3.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.29 by $0.39. The business had revenue of $690.11 million during the quarter, compared to the consensus estimate of $662.64 million. MSCI had a net margin of 45.42% and a negative return on equity of 111.17%. MSCI’s quarterly revenue was up 19.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.84 EPS. Equities research analysts forecast that MSCI Inc. will post 14.84 EPS for the current fiscal year.

MSCI Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 29th. Investors of record on Friday, February 16th were issued a dividend of $1.60 per share. This is an increase from MSCI’s previous quarterly dividend of $1.38. This represents a $6.40 annualized dividend and a dividend yield of 1.25%. The ex-dividend date of this dividend was Thursday, February 15th. MSCI’s dividend payout ratio is currently 44.44%.

Wall Street Analyst Weigh In

Several research firms have weighed in on MSCI. Royal Bank of Canada reiterated an “outperform” rating and issued a $638.00 price objective on shares of MSCI in a research note on Friday, April 12th. Raymond James reiterated a “market perform” rating on shares of MSCI in a research note on Friday, January 5th. Wells Fargo & Company upped their price objective on shares of MSCI from $615.00 to $660.00 and gave the company an “overweight” rating in a research note on Wednesday, January 31st. Redburn Atlantic lowered shares of MSCI from a “neutral” rating to a “sell” rating and dropped their price objective for the company from $620.00 to $470.00 in a research note on Tuesday, February 20th. Finally, Barclays upped their price objective on shares of MSCI from $600.00 to $700.00 and gave the company an “overweight” rating in a research note on Wednesday, January 31st. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, MSCI presently has an average rating of “Hold” and a consensus price target of $581.57.

MSCI Profile

MSCI Inc, together with its subsidiaries, provides critical decision support tools and solutions for the investment community to manage investment processes worldwide. The Index segment provides indexes for use in various areas of the investment process, including indexed financial product, such as ETFs, mutual funds, annuities, futures, options, structured products, and over-the-counter derivatives; performance benchmarking; portfolio construction and rebalancing; and asset allocation, as well as licenses GICS and GICS Direct.